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
₹49.18
-0.07%
NAV as on 05 Oct 24, 12:00 AM
moderate risk
short duration
debt
NAV as on 05 Oct 24, 12:00 AM
moderate risk
short duration
debt
7.84%p.a.
Last 1Y
5.38%p.a.
Last 3Y
6.14%p.a.
Last 5Y
7.37%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Kotak Bond Short Term Plan Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on May 2002, Kotak Bond Short Term Plan Growth is Short Duration fund of its category with 16,278.8 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Short Duration funds.
The investment objective of the Scheme is to provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as 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, so as to spread the risk across different kinds of issuers in the debt markets. There is no assurance that the investment objective of the Scheme will be realised.
7.18% Govt Stock 2033
10.25%
8.34% Govt Stock 2033
10.04%
7.32% Govt Stock 2030
10.01%
National Bank For Agriculture And Rural Development
4.74%
7.1% Govt Stock 2034
4.54%
7.17% Govt Stock 2030
3.29%
LIC Housing Finance Ltd
3.04%
LIC Housing Finance Limited
2.90%
National Bank For Agriculture And Rural Development
2.77%
HDFC Bank Limited
2.35%
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
6.3%
moderate risk | debt
6.0%
moderate risk | debt
5.8%