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
₹43.70
0.01%
NAV as on 30 Apr 24, 12:00 AM
moderate risk
short duration
debt
NAV as on 30 Apr 24, 12:00 AM
moderate risk
short duration
debt
6.09%p.a.
Last 1Y
4.64%p.a.
Last 3Y
6.10%p.a.
Last 5Y
7.04%p.a.
Since Inception
About Tata Short Term Bond Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Tata Short Term Bond Fund Growth scheme from Tata Asset Management Limited. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on Aug 2002, Tata Short Term Bond Fund Growth is Short Duration fund of its category with 2,324.17 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Short Duration funds.
- Tata Short Term Bond Fund Growth delivered 6.1% annual returns during the last year. It has delivered 7.0% average annual returns since the fund was launched.
- Tata Short Term 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 is to generate regular income/appreciation over a short term period. There can be no assurance that the investment objective of the Scheme will be realised.
Top 10 Holdings
7.18% Govt Stock 2033
7.64%
7.32% Govt Stock 2030
5.85%
7.38% Govt Stock 2027
3.63%
Bajaj Finance Limited
3.22%
National Bank For Agriculture And Rural Development
3.22%
Small Industries Development Bank Of India
3.21%
Jamnagar Utilities & Power Private Limited
3.11%
7.17% Govt Stock 2030
2.80%
Gujarat (Government of) 7.64%
2.78%
Indian Railway Finance Corporation Limited
2.16%
Fund Managers
- Murthy Nagarajan (Apr 2017 - Present)
- Abhishek Sonthalia (Feb 2020 - Present)
Key Information
View Scheme Document
Tata Short Term 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 Short Term 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 Short Term 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 Short Term 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
ICICI Prudential Short Term Fund Growth
moderate risk | debt
5.8%
Kotak Bond Short Term Plan Growth
moderate risk | debt
4.8%
HDFC Short Term Debt Fund Growth
moderate risk | debt
5.4%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved