NRI from all over the world (including 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
₹99.26
0.10%
NAV as on 16 Nov 24, 12:00 AM
high risk
dynamic asset allocation
equity
NAV as on 16 Nov 24, 12:00 AM
high risk
dynamic asset allocation
equity
19.50%p.a.
Last 1Y
10.14%p.a.
Last 3Y
12.54%p.a.
Last 5Y
0.00%p.a.
Since Inception
About Aditya Birla Sun Life Balanced Advantage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Balanced Advantage Fund Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Apr 2000, Aditya Birla Sun Life Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 7,426.98 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- Aditya Birla Sun Life Balanced Advantage Fund Growth delivered 19.5% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
- Aditya Birla Sun Life Balanced Advantage 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 primary objective of the Scheme is to generate long term growth of capital and income distribution with relatively lower volatility by investing in a dynamically balanced portfolio of Equity & Equity linked investments and fixed-income securities.
Top 10 Holdings
HDFC Bank Ltd
5.63%
Reliance Industries Ltd
4.46%
Infosys Ltd
3.69%
Future on HDFC Bank Ltd
3.16%
ICICI Bank Ltd
3.01%
Nifty_(28/11/2024)
2.98%
7.18% Govt Stock 2037
2.48%
Reliance_(28/11/2024)
2.42%
Larsen & Toubro Ltd
2.27%
ITC Ltd
2.25%
Fund Managers
- Harish Krishnan (Oct 2024 - Present)
- Lovelish Solanki (Oct 2019 - Present)
- Mohit Sharma (Apr 2017 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Balanced Advantage Fund Growth SIP Calculator
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
NRI Mutual Fund Tax on Aditya Birla Sun Life Balanced Advantage 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 Aditya Birla Sun Life Balanced Advantage 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 Balanced Advantage 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
Funds
3Y Return
SBI Balanced Advantage Fund Growth
high risk | equity
12.3%
Tata Balanced Advantage Fund Growth
high risk | equity
10.2%
Franklin India Balanced Advantage Fund Growth
high risk | hybrid (nc)
0.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved