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
₹2495.79
0.02%
NAV as on 30 Apr 24, 12:00 AM
moderate risk
ultra short duration
debt
NAV as on 30 Apr 24, 12:00 AM
moderate risk
ultra short duration
debt
6.22%p.a.
Last 1Y
4.58%p.a.
Last 3Y
4.57%p.a.
Last 5Y
5.75%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Sundaram Ultra Short Duration Fund Growth scheme from Sundaram Asset Management Company Ltd. It is a Ultra Short Duration mutual fund scheme that predominantly invests in Ultra Short Duration stocks of companies. Launched on Dec 2007, Sundaram Ultra Short Duration Fund Growth is Ultra Short Duration fund of its category with 1,908.87 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Ultra Short Duration funds.
To generate regular income & capital appreciation through investments in debt securities and money market instruments.
182 DTB 29082024
4.56%
Bharti Telecom Limited
2.34%
Canara Bank
2.31%
Punjab National Bank
2.21%
National Bank For Agriculture And Rural Development
1.87%
Union Bank of India
1.76%
IDFC First Bank Ltd.
1.45%
LIC Housing Finance Ltd
1.38%
ICICI Bank Ltd.
1.33%
HDFC Bank Ltd.
1.32%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
moderate risk | debt
5.6%
moderate risk | debt
5.4%
moderate risk | debt
5.8%