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

INVEST VIA NRE/NRO

SBI Corporate Bond Fund - Growth for NRI [16.07]

Min Investment

₹5,000

Fund Size

₹22,533.55 Cr

Expense Ratio

0.8%

Exit Load

0%

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

₹16.07

0.10%

NAV as on 05 Mar 26, 12:00 AM

moderate risk

corporate bond

debt

NAV as on 05 Mar 26, 12:00 AM

moderate risk

corporate bond

debt

7.33%p.a.

Last 1Y

7.42%p.a.

Last 3Y

5.98%p.a.

Last 5Y

6.92%p.a.

Since Inception

About SBI Corporate Bond Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI Corporate Bond Fund - Growth scheme from SBI Mutual Fund. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Feb 2019, SBI Corporate Bond Fund - Growth is Corporate Bond fund of its category with 22,533.55 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.

  • SBI Corporate Bond Fund - Growth delivered 7.3% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
  • SBI Corporate Bond 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

The investment objective will be to provide the investors an opportunity to predominantly invest in corporate bonds rated AA+ and above to generate additional spread on part of their debt investments from high quality corporate debt securities while maintaining moderate liquidity in the portfolio through investment in money market securities.

Top 10 Holdings

Repo

12.39%

Net Receivables

2.65%

LIC HOUSING FINANCE LIMITED TRANCHE 382 8.7 LOA 23MR29 FVRS10LAC

0.12%

STATE BANK OF INDIA SR II 6.24 BD 21SP30 FVRS10LAC

3.26%

BHARAT SANCHAR NIGAM LIMITED SR I 6.79 LOA 23SP30 FVRS10LAC

0.20%

STATE BANK OF INDIA SR III 5.83 BD 26OT30 FVRS10LAC

1.47%

CENTRAL GOVERNMENT LOAN 30243 GOI 12AP26 5.63 FV RS 100

1.37%

INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 161 6.92 BD 31AG31 FVRS10LAC

0.10%

NTPC LIMITED SR 75 6.69 BD 13SP31 FVRS10LAC

0.45%

INDIA GRID TRUST SR O 7.53 LOA 05AG25 FVRS10LAC

0.32%

Fund Managers

  1. Rajeev Radhakrishnan (Jan 2019 - Present)
  2. Ardhendu Bhattacharya (Dec 2023 - Present)
  3. Pradeep Kesavan (Dec 2023 - Present)

Key Information

View Scheme Document

SBI Corporate Bond 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 SBI Corporate Bond 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 SBI Corporate Bond 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 SBI Corporate Bond 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

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HDFC Corporate Bond Fund Quarterly Payout Inc Dist cum Cap Wdrl Opt

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0.0%

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