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
₹13.13
0.14%
NAV as on 04 Feb 26, 12:00 AM
moderate risk
corporate bond
debt
NAV as on 04 Feb 26, 12:00 AM
moderate risk
corporate bond
debt
6.72%p.a.
Last 1Y
7.05%p.a.
Last 3Y
0.00%p.a.
Last 5Y
5.73%p.a.
Since Inception
About Mirae Asset Corporate Bond Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mirae Asset Corporate Bond Fund - Growth scheme from Mirae Asset Investment Managers (India) Private Limited. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Mar 2021, Mirae Asset Corporate Bond Fund - Growth is Corporate Bond fund of its category with 47.6 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.
- Mirae Asset Corporate Bond Fund - Growth delivered 6.7% annual returns during the last year. It has delivered 5.7% average annual returns since the fund was launched.
- Mirae Asset Corporate 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 of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds. The Scheme does not guarantee or assure any returns.
Top 10 Holdings
Repo
9.73%
Net Receivables
1.25%
Export-Import Bank Of India 7.22 03/08/2027
2.12%
MAHANAGAR TELEPHONE NIGAM LIMITED. SR VI-2020 6.85 LOA 20DC30 FVRS10LAC
5.45%
HDFC BANK LIMITED SR 1 6.44 BD 27SP28 FVRS10LAC
6.21%
POWER FINANCE CORPORATION LTD. SR BS216 7.13 BD 15JL26 FVRS10LAC
4.52%
KOTAK MAHINDRA PRIME LIMITED 7.4750 NCD 20AG26 FVRS10LAC
4.55%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 7.44 BD 04SP26 FVRS1LAC
2.28%
Others Class A2 AIF
0.38%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.83 BD 24NV28 FVRS1LAC
2.32%
Fund Managers
- Kruti Chheta (Feb 2025 - Present)
- Mahendra Kumar Jajoo (Feb 2021 - Present)
- Basant Bafna (Jan 2023 - Present)
Key Information
View Scheme Document
Mirae Asset Corporate Bond Fund - Growth SIP Calculator
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NRI Mutual Fund Tax on Mirae Asset Corporate 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 Mirae Asset Corporate 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 Mirae Asset Corporate 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
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3Y Return
HDFC Corporate Bond Fund -Growth
moderate risk | debt
7.5%
ICICI Prudential Corporate Bond Fund-Growth
moderate risk | debt
7.8%
HDFC Corporate Bond Fund Quarterly Payout Inc Dist cum Cap Wdrl Opt
moderate risk | debt
0.0%
Frequently Asked Questions
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