NRI from all over the world (including 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
₹15.41
-0.09%
NAV as on 06 Oct 24, 12:00 AM
moderate risk
corporate bond
debt
NAV as on 06 Oct 24, 12:00 AM
moderate risk
corporate bond
debt
7.94%p.a.
Last 1Y
5.71%p.a.
Last 3Y
6.68%p.a.
Last 5Y
7.30%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the UTI Corporate Bond Fund Growth scheme from UTI Asset Management Co Ltd. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Aug 2018, UTI Corporate Bond Fund Growth is Corporate Bond fund of its category with 3,998.59 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.
The investment objective of the scheme is to generate optimal returns by investing predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objective of the scheme will be realized. The Scheme does not guarantee / indicate any returns.
7.1% Govt Stock 2034
21.97%
LIC Housing Finance Limited
4.40%
Export-Import Bank of India
4.39%
National Bank For Agriculture And Rural Development
4.14%
Indian Railway Finance Corporation Limited
3.64%
7.37% Govt Stock 2028
2.69%
Indian Oil Corporation Limited
2.64%
Hdb Financial Services Limited
2.47%
Power Finance Corporation Ltd.
2.11%
Rural Electrification Corporation Limited
1.92%
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
6.0%
moderate risk | debt
6.3%
moderate risk | debt
6.3%