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
₹36.84
0.04%
NAV as on 19 Nov 24, 12:00 AM
moderately high risk
medium duration
debt
NAV as on 19 Nov 24, 12:00 AM
moderately high risk
medium duration
debt
10.34%p.a.
Last 1Y
13.58%p.a.
Last 3Y
9.72%p.a.
Last 5Y
8.71%p.a.
Since Inception
About Aditya Birla Sun Life Medium Term Plan Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Medium Term Plan Plan Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Mar 2009, Aditya Birla Sun Life Medium Term Plan Plan Growth is Medium Duration fund of its category with 1,968.18 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.
- Aditya Birla Sun Life Medium Term Plan Plan Growth delivered 10.3% annual returns during the last year. It has delivered 8.7% average annual returns since the fund was launched.
- Aditya Birla Sun Life Medium Term Plan Plan 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 investment objective of the Scheme is to generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium term maturity.
Top 10 Holdings
7.18% Govt Stock 2033
27.75%
7.26% Govt Stock 2033
10.41%
7.18% Govt Stock 2037
5.47%
Adani Airport Holdings Ltd
2.69%
Creditaccess Grameen Limited
2.55%
Belstar Microfinance Limited
2.54%
JSW Steel Limited
2.54%
Piramal Capital & Housing Finance Ltd
2.43%
Hinduja Housing Finance Limited 8.85%
2.34%
JM Financial Products Limited
2.03%
Fund Managers
- Sunaina Cunha (Sep 2014 - Present)
- Mohit Sharma (Aug 2020 - Present)
- Dhaval Joshi (Nov 2022 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Medium Term Plan Plan Growth SIP Calculator
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NRI Mutual Fund Tax on Aditya Birla Sun Life Medium Term Plan Plan 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 Medium Term Plan 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 Medium Term Plan 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
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SBI Magnum Medium Duration Fund Growth
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6.0%
ICICI Prudential Medium Term Bond Fund Growth
moderately high risk | debt
6.2%
HDFC Medium Term Debt Fund Growth
moderately high risk | debt
5.8%
Frequently Asked Questions
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