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
₹351.51
0.06%
NAV as on 28 Oct 24, 12:00 AM
moderate risk
money market
debt
NAV as on 28 Oct 24, 12:00 AM
moderate risk
money market
debt
7.76%p.a.
Last 1Y
6.48%p.a.
Last 3Y
6.06%p.a.
Last 5Y
6.82%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Money Manager Fund Plan Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Money Market mutual fund scheme that predominantly invests in Money Market stocks of companies. Launched on Oct 2005, Aditya Birla Sun Life Money Manager Fund Plan Growth is Money Market fund of its category with 26,976.03 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Money Market funds.
The primary objective of the scheme is to generate regular income through investment in a portfolio comprising money market instruments.
182 DTB 13032025
2.35%
Axis Bank Ltd.
1.81%
364 DTB 13022025
1.81%
IDFC First Bank Ltd.
1.81%
05.80 MH Sdl 2025
1.74%
07.38% MP Sdl 2025
1.73%
Tata Teleservices Ltd
1.72%
Small Industries Development Bank of India
1.44%
HDFC Bank Ltd.
1.27%
Indusind Bank Ltd.
1.09%
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
moderate risk | debt
6.0%
moderate risk | debt
6.4%
moderate risk | liquid
6.5%