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
₹34.92
0.00%
NAV as on 22 Sep 22, 12:00 AM
low to moderate risk
dynamic bond
debt
NAV as on 22 Sep 22, 12:00 AM
low to moderate risk
dynamic bond
debt
5.34%p.a.
Last 1Y
6.61%p.a.
Last 3Y
5.76%p.a.
Last 5Y
6.79%p.a.
Since Inception
About Tata Dynamic Bond Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Tata Dynamic Bond Fund Growth scheme from Tata Asset Management Limited. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Sep 2003, Tata Dynamic Bond Fund Growth is Dynamic Bond fund of its category with 143.99 Cr fund under management as on Sep 2022. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.
- Tata Dynamic Bond Fund Growth delivered 5.3% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
- Tata Dynamic 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
To provide reasonable returns and high level of liquidity by investing in debt instruments including bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, including repos in permitted securities of different maturities, as permitted by regulation so as to spread the risk across different kinds of issuers in the debt markets. The investment objective is to create a liquid portfolio of good quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the Unitholders.
Top 3 Holdings
Jamnagar Utilities & Power Private Limited
4.33%
7.37% Govt Stock 2023
0.08%
India Infradebt Limited
0.07%
Fund Managers
- Akhil Mittal (Jun 2014 - Present)
Key Information
View Scheme Document
Tata Dynamic Bond Fund 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 Tata Dynamic Bond Fund 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 Tata Dynamic 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 Tata Dynamic 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
Similar Funds
Funds
3Y Return
Mirae Asset Dynamic Bond Fund Growth
low to moderate risk | debt
3.7%
PGIM India Dynamic Bond Growth
low to moderate risk | debt
4.3%
Quantum Dynamic Bond Fund - Plan Growth Option
low to moderate risk | debt
5.5%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved