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
₹671.49
0.05%
NAV as on 17 Nov 24, 12:00 AM
moderate risk
liquid
liquid
NAV as on 17 Nov 24, 12:00 AM
moderate risk
liquid
liquid
7.39%p.a.
Last 1Y
6.26%p.a.
Last 3Y
5.30%p.a.
Last 5Y
6.77%p.a.
Since Inception
About Aditya Birla Sun Life Liquid Fund Institutional Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Liquid Fund Institutional Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Apr 2003, Aditya Birla Sun Life Liquid Fund Institutional Growth is Liquid fund of its category with 48,377.19 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
- Aditya Birla Sun Life Liquid Fund Institutional Growth delivered 7.4% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
- Aditya Birla Sun Life Liquid Fund Institutional Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund Objective
The objective of the scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.
Top 10 Holdings
Reverse Repo
9.94%
Net Receivables / (Payables)
5.15%
91 DTB 05122024
3.26%
Punjab National Bank (01/01/2025) ** #
3.06%
State Bank Of India (12/12/2024) ** #
2.56%
91 DTB 23012025
2.45%
Reliance Retail Ventures Limited (20/11/2024) **
2.06%
Lic Housing Finance Limited (29/11/2024) **
2.06%
Punjab National Bank (13/01/2025) ** #
2.04%
182 DTB 23012025
1.94%
Fund Managers
- Sunaina Cunha (Jul 2011 - Present)
- Kaustubh Gupta (Jul 2011 - Present)
- Sanjay Pawar (Jul 2022 - Present)
- Dhaval Joshi (Nov 2022 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Liquid Fund Institutional Growth SIP Calculator
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NRI Mutual Fund Tax on Aditya Birla Sun Life Liquid Fund Institutional 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 Liquid Fund Institutional 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 Liquid Fund Institutional 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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6.2%
Aditya Birla Sun Life Liquid Plan Growth
moderate risk | liquid
6.3%
Aditya Birla Sun Life Liquid Fund Retail Growth
moderate risk | liquid
6.3%
Frequently Asked Questions
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