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
₹447.41
-0.32%
NAV as on 17 Nov 24, 12:00 AM
very high risk
dividend yield
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
dividend yield
equity
33.02%p.a.
Last 1Y
19.62%p.a.
Last 3Y
23.05%p.a.
Last 5Y
19.37%p.a.
Since Inception
About Aditya Birla Sun Life Dividend Yield Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Dividend Yield Fund Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Dividend Yield mutual fund scheme that predominantly invests in Dividend Yield stocks of companies. Launched on Feb 2003, Aditya Birla Sun Life Dividend Yield Fund Growth is Dividend Yield fund of its category with 1,539.79 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dividend Yield funds.
- Aditya Birla Sun Life Dividend Yield Fund Growth delivered 33.0% annual returns during the last year. It has delivered 19.4% average annual returns since the fund was launched.
- Aditya Birla Sun Life Dividend Yield 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 objective of the scheme is to provide capital growth and income by investing primarily in a well-diversified Investment Objective portfolio of Dividend paying companies that have a relatively high Dividend Yield.
Top 10 Holdings
Infosys Ltd
5.46%
NTPC Ltd
5.12%
ITC Ltd
3.34%
Tech Mahindra Ltd
2.94%
Coal India Ltd
2.93%
Multi Commodity Exchange of India Ltd
2.89%
CMS Info Systems Ltd
2.64%
Tata Consultancy Services Ltd
2.56%
HDFC Bank Ltd
2.54%
NMDC Ltd
2.47%
Fund Managers
- Dhaval Gala (Apr 2022 - Present)
- Dhaval Joshi (Nov 2022 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Dividend Yield Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Aditya Birla Sun Life Dividend Yield 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 Dividend Yield 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 Dividend Yield 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
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18.3%
ICICI Prudential Dividend Yield Equity Fund Growth
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21.8%
Frequently Asked Questions
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