NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹34.33
-0.23%
NAV as on 17 Nov 24, 12:00 AM
moderate risk
dynamic bond
debt
NAV as on 17 Nov 24, 12:00 AM
moderate risk
dynamic bond
debt
8.85%p.a.
Last 1Y
6.44%p.a.
Last 3Y
6.48%p.a.
Last 5Y
0.00%p.a.
Since Inception
About SBI Dynamic Bond Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Dynamic Bond Growth scheme from SBI Funds Management Ltd. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Feb 2004, SBI Dynamic Bond Growth is Dynamic Bond fund of its category with 3,304.98 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.
- SBI Dynamic Bond Growth delivered 8.8% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
- SBI 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
To provide investors attractive returns through investment in an actively managed portfolio of high quality debt securities of varying maturities.
Top 10 Holdings
6.79% Govt Stock 2034
22.66%
7.34% Govt Stock 2064
20.86%
7.25% Govt Stock 2063
13.48%
7.18% Govt Stock 2037
8.99%
7.3% Govt Stock 2053
7.87%
Highways Infrastructure Trust
4.97%
National Bank For Financing Infrastructure And Development
4.60%
National Bank For Financing Infrastructure And Development
3.07%
Indian Railway Finance Corporation Limited
1.22%
Power Finance Corporation Limited
0.76%
Fund Managers
- Rajeev Radhakrishnan (Nov 2023 - Present)
- Tejas Soman (Dec 2023 - Present)
- Pradeep Kesavan (Dec 2023 - Present)
Key Information
View Scheme Document
SBI Dynamic Bond Growth SIP Calculator
If invested
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 Dynamic Bond Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in SBI 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 SBI 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
Similar Funds
Funds
3Y Return
ICICI Prudential All Seasons Bond Fund Growth
moderate risk | debt
6.5%
Nippon India Dynamic Bond Fund - Growth
moderate risk | debt
5.9%
DSP Strategic Bond Fund Plan Growth
moderate risk | debt
6.2%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved