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
₹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
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.
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.
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%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
15.0%
very high risk | equity
10.8%
very high risk | equity
8.9%