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

INVEST VIA NRE/NRO

SBI Dynamic Bond Growth for NRI [34.38]

Min Investment

5,000

Fund Size

3,281.91 Cr

Expense Ratio

1.4%

Exit Load

0.25%

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

34.38

-0.10%

NAV as on 03 Nov 24, 12:00 AM

moderate risk

dynamic bond

debt

NAV as on 03 Nov 24, 12:00 AM

moderate risk

dynamic bond

debt

9.60%p.a.

Last 1Y

6.55%p.a.

Last 3Y

6.56%p.a.

Last 5Y

0.00%p.a.

Since Inception

About SBI Dynamic Bond Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI Dynamic Bond Growth scheme from SBI Funds Management Ltd. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Feb 2004, SBI Dynamic Bond Growth is Dynamic Bond fund of its category with 3,281.91 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.

  • SBI Dynamic Bond Growth delivered 9.6% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
  • SBI Dynamic Bond Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

To provide investors attractive returns through investment in an actively managed portfolio of high quality debt securities of varying maturities.

Top 10 Holdings

7.10%Goi 08/04/2034

23.36%

7.34% Govt Stock 2064

21.16%

7.25% Govt Stock 2063

13.67%

07.18 Goi 24072037

9.09%

7.30 Goi 19062053

7.98%

Highways Infrastructure Trust

5.01%

National Bank For Financing Infrastructure And Development

4.64%

Bajaj Finance Ltd.

4.63%

National Bank For Financing Infrastructure And Development

3.09%

Indian Railway Finance Corporation Limited

1.99%

Fund Managers

  1. Rajeev Radhakrishnan (Nov 2023 - Present)
  2. Tejas Soman (Dec 2023 - Present)
  3. Pradeep Kesavan (Dec 2023 - Present)

Key Information

View Scheme Document

SBI Dynamic Bond 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 SBI Dynamic Bond 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 SBI Dynamic Bond 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 SBI Dynamic Bond 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