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
₹12.30
-0.12%
NAV as on 17 Dec 24, 12:00 AM
moderate risk
long duration
debt
NAV as on 17 Dec 24, 12:00 AM
moderate risk
long duration
debt
10.85%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
9.02%p.a.
Since Inception
About Aditya Birla Sun Life Long Duration Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Long Duration Fund Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Long Duration mutual fund scheme that predominantly invests in Long Duration stocks of companies. Launched on Aug 2022, Aditya Birla Sun Life Long Duration Fund Growth is Long Duration fund of its category with 154.21 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Long Duration funds.
- Aditya Birla Sun Life Long Duration Fund Growth delivered 10.8% annual returns during the last year. It has delivered 9.0% average annual returns since the fund was launched.
- Aditya Birla Sun Life Long Duration Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The primary investment objective of the scheme is to generate optimal returns while maintaining balance of yield, safety and liquidity. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall be made in Debt & Money Market Instruments.
Top 10 Holdings
7.34% Govt Stock 2064
23.70%
7.3% Govt Stock 2053
18.70%
7.46% Govt Stock 2073
10.27%
7.25% Govt Stock 2063
8.10%
Bajaj Finance Ltd. 7.93%
6.57%
Indian Railway Finance Corp Ltd. 7.39%
6.56%
7.09% Govt Stock 2054
6.51%
07.81 Up SDL 2034
3.39%
LIC Housing Finance Limited
3.26%
Government Of India 6.92%
1.82%
Fund Managers
- Bhupesh Bameta (Jan 2023 - Present)
- Harshil Suvarnkar (Aug 2022 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Long Duration Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Aditya Birla Sun Life Long Duration Fund 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 Long Duration 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 Long Duration 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
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Frequently Asked Questions
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