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

INVEST VIA NRE/NRO

PGIM India Dynamic Bond Growth for NRI [2440.69]

Min Investment

5,000

Fund Size

109.13 Cr

Expense Ratio

1.6%

Exit Load

0%

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

2440.69

-0.02%

NAV as on 14 Jul 24, 12:00 AM

low to moderate risk

dynamic bond

debt

NAV as on 14 Jul 24, 12:00 AM

low to moderate risk

dynamic bond

debt

7.69%p.a.

Last 1Y

5.08%p.a.

Last 3Y

5.49%p.a.

Last 5Y

7.40%p.a.

Since Inception

About PGIM India Dynamic Bond Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the PGIM India Dynamic Bond Growth scheme from PGIM India Asset Management Private Limited. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Jan 2012, PGIM India Dynamic Bond Growth is Dynamic Bond fund of its category with 109.13 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.

  • PGIM India Dynamic Bond Growth delivered 7.7% annual returns during the last year. It has delivered 7.4% average annual returns since the fund was launched.
  • PGIM India Dynamic Bond Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The objective of the Scheme is to seek to generate returns through active management of a portfolio of debt and money market instruments.

Top 10 Holdings

7.18% Govt Stock 2037

35.67%

7.3% Govt Stock 2053

16.51%

7.25% Govt Stock 2063

8.17%

Rural Electrification Corporation Limited

5.52%

7.18% Govt Stock 2033

3.33%

7.26% Govt Stock 2033

2.39%

National Bank For Agriculture And Rural Development

1.37%

State Bank Of India

0.89%

SBI CDMDF--A2

0.32%

6.99% Govt Stock 2051

0.29%

Fund Managers

  1. Bhupesh Kalyani (Sep 2022 - Present)
  2. Puneet Pal (Dec 2017 - Present)

Key Information

View Scheme Document

PGIM India Dynamic Bond Growth 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 PGIM India Dynamic Bond Growth

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 PGIM India Dynamic Bond Growth?

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 PGIM India Dynamic Bond Growth
  • 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