NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Aditya Birla Sun Life Flexi Cap Fund Growth for NRI [1735.97]

Min Investment

100

Fund Size

23,905.34 Cr

Expense Ratio

1.6%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

1735.97

0.42%

NAV as on 28 Oct 24, 12:00 AM

very high risk

flexi cap

equity

NAV as on 28 Oct 24, 12:00 AM

very high risk

flexi cap

equity

38.32%p.a.

Last 1Y

13.89%p.a.

Last 3Y

19.23%p.a.

Last 5Y

22.11%p.a.

Since Inception

About Aditya Birla Sun Life Flexi Cap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Flexi Cap Fund Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Aug 1998, Aditya Birla Sun Life Flexi Cap Fund Growth is Flexi Cap fund of its category with 23,905.34 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.

  • Aditya Birla Sun Life Flexi Cap Fund Growth delivered 38.3% annual returns during the last year. It has delivered 22.1% average annual returns since the fund was launched.
  • Aditya Birla Sun Life Flexi Cap 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 long term growth of capital, through investment in equity & equity related instruments across market cap (large, mid & small) companies.

Top 10 Holdings

ICICI Bank Ltd

7.08%

Infosys Ltd

5.10%

Bharti Airtel Ltd

3.73%

Reliance Industries Ltd

3.72%

HDFC Bank Ltd

3.65%

Sun Pharmaceuticals Industries Ltd

3.62%

Kotak Mahindra Bank Ltd

3.17%

HCL Technologies Ltd

3.13%

Larsen & Toubro Ltd

2.63%

Radico Khaitan Ltd

2.27%

Fund Managers

  1. Harish Krishnan (Nov 2023 - Present)
  2. Dhaval Joshi (Nov 2022 - Present)

Key Information

View Scheme Document

Aditya Birla Sun Life Flexi Cap Fund Growth SIP Calculator

If invested

5,000

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 Flexi Cap Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Aditya Birla Sun Life Flexi Cap 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 Flexi Cap 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

Frequently Asked Questions