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

INVEST VIA NRE/NRO

Aditya Birla Sun Life Manufacturing Equity Fund Plan Growth for NRI [31.38]

Min Investment

1,000

Fund Size

1,208.76 Cr

Expense Ratio

2.2%

Exit Load

1%

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

31.38

0.51%

NAV as on 17 Nov 24, 12:00 AM

very high risk

equity other

equity

NAV as on 17 Nov 24, 12:00 AM

very high risk

equity other

equity

37.51%p.a.

Last 1Y

15.47%p.a.

Last 3Y

19.53%p.a.

Last 5Y

13.02%p.a.

Since Inception

About Aditya Birla Sun Life Manufacturing Equity Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Manufacturing Equity Fund Plan Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Jan 2015, Aditya Birla Sun Life Manufacturing Equity Fund Plan Growth is Equity - Other fund of its category with 1,208.76 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • Aditya Birla Sun Life Manufacturing Equity Fund Plan Growth delivered 37.5% annual returns during the last year. It has delivered 13.0% average annual returns since the fund was launched.
  • Aditya Birla Sun Life Manufacturing Equity Fund Plan 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 primary investment objective of the Schemes is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in Manufacturing activity. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

Top 10 Holdings

Larsen & Toubro Ltd

5.69%

Reliance Industries Ltd

4.04%

Mahindra & Mahindra Ltd

3.39%

Voltas Ltd

3.28%

Maruti Suzuki India Ltd

3.21%

Cummins India Ltd

3.13%

United Breweries Ltd

3.10%

Hindalco Industries Ltd

2.69%

Shyam Metalics and Energy Ltd

2.61%

Tata Steel Ltd

2.53%

Fund Managers

  1. Harish Krishnan (Nov 2023 - Present)

Key Information

View Scheme Document

Aditya Birla Sun Life Manufacturing Equity Fund Plan 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 Manufacturing Equity Fund Plan 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 Manufacturing Equity Fund Plan 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 Manufacturing Equity Fund Plan 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