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
₹16.24
0.17%
NAV as on 02 Dec 24, 12:00 AM
moderate risk
corporate bond
debt
NAV as on 02 Dec 24, 12:00 AM
moderate risk
corporate bond
debt
8.48%p.a.
Last 1Y
6.09%p.a.
Last 3Y
6.66%p.a.
Last 5Y
6.76%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Corporate Bond Fund Growth scheme from Axis Asset Management Company Limited. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Jul 2017, Axis Corporate Bond Fund Growth is Corporate Bond fund of its category with 5,899.7 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.
The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt. There is no assurance or guarantee that the objectives of the Scheme will be realized.
7.1% Govt Stock 2034
7.15%
7.18% Govt Stock 2033
3.37%
7.26% Govt Stock 2033
2.69%
Small Industries Development Bank Of India
2.55%
Summit Digitel Infrastructure Limited
2.33%
Power Finance Corp Ltd. 7.6%
2.31%
7.32% Govt Stock 2030
2.23%
Mahindra & Mahindra Financial Services Ltd
2.21%
Kohima Mariani Transmission Limited
2.00%
7.93% Govt Stock 2033
1.84%
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
6.2%
moderate risk | debt
6.5%
moderate risk | debt
6.5%