NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Nippon India Strategic Debt Fund Growth Option for NRI [14.55]

Min Investment

5,000

Fund Size

117.33 Cr

Expense Ratio

1.1%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

14.55

-0.12%

NAV as on 06 Oct 24, 12:00 AM

moderately high risk

medium duration

debt

NAV as on 06 Oct 24, 12:00 AM

moderately high risk

medium duration

debt

8.06%p.a.

Last 1Y

5.31%p.a.

Last 3Y

0.78%p.a.

Last 5Y

3.73%p.a.

Since Inception

About Nippon India Strategic Debt Fund Growth Option for NRIs

NRIs can achieve long-term capital appreciation by investing in the Nippon India Strategic Debt Fund Growth Option scheme from Nippon Life India Asset Management Ltd. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Jun 2014, Nippon India Strategic Debt Fund Growth Option is Medium Duration fund of its category with 117.33 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.

  • Nippon India Strategic Debt Fund Growth Option delivered 8.1% annual returns during the last year. It has delivered 3.7% average annual returns since the fund was launched.
  • Nippon India Strategic Debt Fund Growth Option scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.

Top 10 Holdings

7.18% Govt Stock 2037

17.52%

7.1% Govt Stock 2034

8.70%

Summit Digitel Infrastructure Limited

6.69%

7.17% Govt Stock 2030

4.34%

Pipeline Infrastructure Ltd. 7.96%

4.33%

Shriram Housing Finance Limited 9.25%

4.29%

DLF Cyber City Developers Limited 8.4%

4.27%

Aadhar Housing Finance Limited

4.26%

Godrej Properties Limited

4.26%

Godrej Industries Limited

4.26%

Fund Managers

  1. Kinjal Desai (May 2018 - Present)
  2. Sushil Budhia (Feb 2020 - Present)
  3. Akshay Sharma (Dec 2022 - Present)

Key Information

View Scheme Document

Nippon India Strategic Debt Fund Growth Option SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Nippon India Strategic Debt Fund Growth Option

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Nippon India Strategic Debt Fund Growth Option?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Nippon India Strategic Debt Fund Growth Option
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions