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
₹18.06
-0.06%
NAV as on 30 Apr 24, 12:00 AM
very high risk
children
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
children
equity
35.18%p.a.
Last 1Y
13.11%p.a.
Last 3Y
11.27%p.a.
Last 5Y
11.20%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Bal Bhavishya Yojna Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Children mutual fund scheme that predominantly invests in Children stocks of companies. Launched on Feb 2019, Aditya Birla Sun Life Bal Bhavishya Yojna Growth is Children fund of its category with 940.79 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Children funds.
The investment objective of the Wealth Plan is to seek generation of capital appreciation by creating a portfolio that is predominantly investing in equity & equity related securities and debt and money market instruments.
ICICI Bank Ltd
6.27%
HDFC Bank Ltd
5.09%
Infosys Ltd
4.80%
Reliance Industries Ltd
4.69%
Larsen & Toubro Ltd
4.07%
Bharti Airtel Ltd
3.26%
Fortis Healthcare Ltd
2.46%
Oil & Natural Gas Corp Ltd
2.28%
Maruti Suzuki India Ltd
2.19%
Tata Motors Ltd
2.11%
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
very high risk | equity
31.9%
very high risk | equity
20.7%
very high risk | equity
9.7%