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
₹19.94
0.05%
NAV as on 30 Apr 24, 12:00 AM
moderate risk
equity savings
equity
NAV as on 30 Apr 24, 12:00 AM
moderate risk
equity savings
equity
13.55%p.a.
Last 1Y
7.28%p.a.
Last 3Y
8.37%p.a.
Last 5Y
7.56%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 529.91 Cr fund under management as on Apr 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 13.6% annual returns during the last year. It has delivered 7.6% 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
Aditya BSL Money Mgr Dir Gr
6.73%
HDFC Bank Ltd
6.38%
Future on HDFC Bank Ltd
5.16%
Future on GMR Power and Urban Infra Ltd
4.56%
GMR Airports Infrastructure Ltd
4.54%
Adani Ports & Special Economic Zone Ltd
4.41%
Future on Adani Ports & Special Economic Zone Ltd
4.33%
Cholamandalam Investment And Fin. Co. Ltd
4.23%
IndusInd Bank Ltd
4.16%
Future on IndusInd Bank Ltd
4.07%
Fund Managers
- Harshil Suvarnkar (Mar 2021 - Present)
- Vishal Gajwani (Jun 2023 - Present)
- Pranav Gupta (Jun 2023 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Equity Savings Fund Plan Growth SIP Calculator
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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
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Frequently Asked Questions
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