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
₹33.97
0.04%
NAV as on 29 Apr 24, 12:00 AM
moderate risk
fund of funds
debt
NAV as on 29 Apr 24, 12:00 AM
moderate risk
fund of funds
debt
6.52%p.a.
Last 1Y
4.67%p.a.
Last 3Y
6.41%p.a.
Last 5Y
7.32%p.a.
Since Inception
About Aditya Birla Sun Life Active Debt Multi Manager FOF Scheme Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Active Debt Multi Manager FOF Scheme Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Dec 2006, Aditya Birla Sun Life Active Debt Multi Manager FOF Scheme Growth is Fund of Funds fund of its category with 13.43 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
- Aditya Birla Sun Life Active Debt Multi Manager FOF Scheme Growth delivered 6.5% annual returns during the last year. It has delivered 7.3% average annual returns since the fund was launched.
- Aditya Birla Sun Life Active Debt Multi Manager FOF Scheme 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 primary objective of the Scheme is to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the ABSLAMC process. There can be no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Bandhan Bkg & PSU Dbt Dir Gr
35.21%
Aditya BSL Corporate Bond Dir Gr
18.80%
Aditya BSL Bkg & PSU Debt Dir Gr
10.61%
Aditya BSL FRF Dir Gr
9.50%
Aditya BSL Gov Sec Dir Gr
7.89%
ICICI Pru Corporate Bond Dir Gr
4.57%
Axis Corporate Debt Dir Gr
4.00%
Bandhan Corporate Bond Dir Gr
3.14%
Aditya BSL Credit Risk Dir Gr
2.89%
Aditya BSL Income Dir Gr
1.52%
Fund Managers
- Kaustubh Gupta (Mar 2021 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Active Debt Multi Manager FOF Scheme Growth SIP Calculator
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NRI Mutual Fund Tax on Aditya Birla Sun Life Active Debt Multi Manager FOF Scheme 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 Aditya Birla Sun Life Active Debt Multi Manager FOF Scheme 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 Aditya Birla Sun Life Active Debt Multi Manager FOF Scheme 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
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Frequently Asked Questions
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