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

INVEST VIA NRE/NRO

Aditya Birla Sun Life Arbitrage Fund Growth for NRI [25.47]

Min Investment

1,000

Fund Size

13,351.21 Cr

Expense Ratio

1.0%

Exit Load

0.25%

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

25.47

-0.05%

NAV as on 13 Nov 24, 12:00 AM

low risk

arbitrage fund

equity

NAV as on 13 Nov 24, 12:00 AM

low risk

arbitrage fund

equity

7.49%p.a.

Last 1Y

6.09%p.a.

Last 3Y

5.25%p.a.

Last 5Y

6.29%p.a.

Since Inception

About Aditya Birla Sun Life Arbitrage Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Arbitrage Fund Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Jul 2009, Aditya Birla Sun Life Arbitrage Fund Growth is Arbitrage Fund fund of its category with 13,351.21 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.

  • Aditya Birla Sun Life Arbitrage Fund Growth delivered 7.5% annual returns during the last year. It has delivered 6.3% average annual returns since the fund was launched.
  • Aditya Birla Sun Life Arbitrage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The Scheme seeks to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials /mis-pricing prevailing for stock / index in various market segments (Cash & Future).

Top 10 Holdings

Aditya BSL Money Mgr Dir Gr

13.00%

Aditya BSL FRF Dir Gr

9.34%

Reliance_(28/11/2024)

4.24%

Reliance Industries Ltd

4.23%

Future on HDFC Bank Ltd

2.57%

HDFC Bank Ltd

2.55%

Infy_(28/11/2024)

2.24%

Infosys Ltd

2.22%

M&M_(28/11/2024)

2.19%

Future on Adani Enterprises Ltd

2.19%

Fund Managers

  1. Lovelish Solanki (Dec 2014 - Present)

Key Information

View Scheme Document

Aditya Birla Sun Life Arbitrage Fund 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 Aditya Birla Sun Life Arbitrage Fund 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 Aditya Birla Sun Life Arbitrage 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 Aditya Birla Sun Life Arbitrage 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

Frequently Asked Questions