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

INVEST VIA NRE/NRO

Aditya Birla Sun Life Frontline Equity Fund Growth for NRI [503.11]

Min Investment

100

Fund Size

29,394.71 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

503.11

-1.12%

NAV as on 12 Nov 24, 12:00 AM

very high risk

large cap

equity

NAV as on 12 Nov 24, 12:00 AM

very high risk

large cap

equity

28.83%p.a.

Last 1Y

12.21%p.a.

Last 3Y

17.00%p.a.

Last 5Y

19.41%p.a.

Since Inception

About Aditya Birla Sun Life Frontline Equity Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Frontline Equity Fund Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Aug 2002, Aditya Birla Sun Life Frontline Equity Fund Growth is Large-Cap fund of its category with 29,394.71 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.

  • Aditya Birla Sun Life Frontline Equity Fund Growth delivered 28.8% annual returns during the last year. It has delivered 19.4% average annual returns since the fund was launched.
  • Aditya Birla Sun Life Frontline Equity 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 a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and/ or sectors as its chosen benchmark index, Nifty 50 TRI. The secondary objective is income generation and distribution of IDCW.

Top 10 Holdings

HDFC Bank Ltd

8.11%

ICICI Bank Ltd

7.64%

Infosys Ltd

6.00%

Reliance Industries Ltd

4.89%

Larsen & Toubro Ltd

4.80%

Bharti Airtel Ltd

3.63%

Axis Bank Ltd

3.06%

NTPC Ltd

2.98%

Mahindra & Mahindra Ltd

2.88%

ITC Ltd

2.74%

Fund Managers

  1. Mahesh Patil (Nov 2005 - Present)
  2. Dhaval Joshi (Nov 2022 - Present)

Key Information

View Scheme Document

Aditya Birla Sun Life Frontline Equity 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 Frontline Equity 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 Frontline Equity 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 Frontline Equity 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