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
₹20.95
-0.19%
NAV as on 17 Dec 24, 12:00 AM
moderate risk
equity savings
equity
NAV as on 17 Dec 24, 12:00 AM
moderate risk
equity savings
equity
8.72%p.a.
Last 1Y
6.47%p.a.
Last 3Y
8.47%p.a.
Last 5Y
7.65%p.a.
Since Inception
About Aditya Birla Sun Life Equity Savings Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Equity Savings Fund Plan Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Nov 2014, Aditya Birla Sun Life Equity Savings Fund Plan Growth is Equity Savings fund of its category with 646.82 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- Aditya Birla Sun Life Equity Savings Fund Plan Growth delivered 8.7% annual returns during the last year. It has delivered 7.7% average annual returns since the fund was launched.
- Aditya Birla Sun Life Equity Savings Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategies, arbitrage opportunities and pure equity investments.
Top 10 Holdings
HDFC Bank Ltd
6.16%
Aditya BSL Money Mgr Dir Gr
6.00%
Reliance Industries Ltd
4.97%
Future on HDFC Bank Ltd
4.85%
Reliance_(26/12/2024)
4.14%
Future on GMR Power and Urban Infra Ltd
3.94%
GMR Airports Ltd
3.93%
ITC Ltd
3.85%
State Bank of India
3.75%
Sbin_(26/12/2024)
3.44%
Fund Managers
- Atul Penkar (Oct 2024 - Present)
- Lovelish Solanki (Sep 2024 - Present)
- Harshil Suvarnkar (Mar 2021 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Equity Savings Fund Plan 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 Equity Savings Fund Plan 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 Equity Savings Fund Plan 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 Equity Savings Fund Plan 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
ICICI Prudential Equity Savings Fund Growth
moderate risk | hybrid (nc)
8.7%
Kotak Equity Savings Fund Growth
moderate risk | equity
12.0%
DSP Equity Savings Fund Plan Growth
moderate risk | equity
10.3%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved