NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 Growth for NRI [11.67]

Min Investment

1,000

Fund Size

8,794.24 Cr

Expense Ratio

0.4%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

11.67

-0.01%

NAV as on 05 Oct 24, 12:00 AM

moderate risk

index funds fixed income

debt

NAV as on 05 Oct 24, 12:00 AM

moderate risk

index funds fixed income

debt

8.30%p.a.

Last 1Y

5.28%p.a.

Last 3Y

0.00%p.a.

Last 5Y

5.24%p.a.

Since Inception

About ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Index Funds - Fixed Income mutual fund scheme that predominantly invests in Index Funds - Fixed Income stocks of companies. Launched on Sep 2021, ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 Growth is Index Funds - Fixed Income fund of its category with 8,794.24 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds - Fixed Income funds.

  • ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 Growth delivered 8.3% annual returns during the last year. It has delivered 5.2% average annual returns since the fund was launched.
  • ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 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 of the scheme is to track the Nifty PSU Bond Plus SDL Sep 2027 40:60 Index by investing in AAA rated PSU bonds and SDLs, maturing on or before Sep 2027, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved and the scheme does not assure or guarantee any returns.

Top 10 Holdings

07.45 RJ Sdl 2027

7.79%

07.18 Tn SDL 2027

5.97%

07.20 MH Sdl 2027

5.55%

Indian Railway Finance Corporation Limited

5.34%

National Bank For Agriculture And Rural Development

4.85%

National Bank For Agriculture And Rural Development

3.71%

Power Finance Corporation Limited

3.27%

National Bank For Agriculture And Rural Development

3.22%

Power Grid Corporation Of India Limited

3.20%

08.61 Tn SDL 2027

2.91%

Fund Managers

  1. Darshil Dedhia (Jan 2024 - Present)
  2. Rohit Lakhotia (Jun 2023 - Present)

Key Information

View Scheme Document

ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 Growth SIP Calculator

If invested

5,000

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 ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 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 ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 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

Frequently Asked Questions