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

INVEST VIA NRE/NRO

Quant Gilt Fund Growth for NRI [10.87]

Min Investment

5,000

Fund Size

78.44 Cr

Expense Ratio

1.4%

Exit Load

0%

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

10.87

0.01%

NAV as on 01 May 24, 12:00 AM

moderate risk

government bond

debt

NAV as on 01 May 24, 12:00 AM

moderate risk

government bond

debt

5.74%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

6.60%p.a.

Since Inception

About Quant Gilt Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Quant Gilt Fund Growth scheme from Quant Money Managers Limited. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Dec 2022, Quant Gilt Fund Growth is Government Bond fund of its category with 78.44 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.

  • Quant Gilt Fund Growth delivered 5.7% annual returns during the last year. It has delivered 6.6% average annual returns since the fund was launched.
  • Quant Gilt Fund Growth 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 returns through investments in sovereign securities issued by the Central Government and/or State Government. However, there can be no assurance that the investment objective of the Scheme will be realized.

Top 10 Holdings

7.26% Govt Stock 2033

12.89%

7.69% Govt Stock 2028

12.72%

India (Republic of)

12.55%

07.46 MH Sdl 2033

9.76%

5.74% Govt Stock 2026

8.77%

7.29% Govt Stock 2033

6.47%

07.46 MP Sgs 2032

6.41%

Goi120327 Str

5.53%

Gscg 15sep2026

5.36%

Goi Strips - Mat 120328

1.93%

Fund Managers

  1. Sanjeev Sharma (Dec 2022 - Present)

Key Information

View Scheme Document

Quant Gilt Fund 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 Quant Gilt Fund 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 Quant Gilt Fund 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 Quant Gilt Fund 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