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
₹437.47
0.01%
NAV as on 18 Dec 24, 12:00 AM
moderate risk
money market
liquid
NAV as on 18 Dec 24, 12:00 AM
moderate risk
money market
liquid
7.75%p.a.
Last 1Y
6.64%p.a.
Last 3Y
6.08%p.a.
Last 5Y
7.09%p.a.
Since Inception
About Aditya Birla Sun Life Money Manager Fund Plan Retail Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Money Manager Fund Plan Retail 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 Jun 2003, Aditya Birla Sun Life Money Manager Fund Plan Retail Growth is Money Market fund of its category with 24,927.94 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Money Market funds.
- Aditya Birla Sun Life Money Manager Fund Plan Retail Growth delivered 7.8% annual returns during the last year. It has delivered 7.1% average annual returns since the fund was launched.
- Aditya Birla Sun Life Money Manager Fund Plan Retail 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 primary objective of the scheme is to generate regular income through investment in a portfolio comprising money market instruments.
Top 10 Holdings
182 DTB 13032025
2.57%
364 DTB 13022025
1.98%
05.80 MH Sdl 2025
1.88%
07.38% MP Sdl 2025
1.87%
364 DTB 26122024
1.00%
ICICI Bank Ltd.
0.94%
07.26 KA Sgs 2025
0.82%
364 DTB 02052024
0.72%
08.08 HR Sdl 2025
0.46%
08.05 GJ Sdl 2025
0.42%
Fund Managers
- Kaustubh Gupta (Jul 2011 - Present)
- Anuj Jain (Mar 2021 - Present)
- Mohit Sharma (Apr 2017 - Present)
- Dhaval Joshi (Nov 2022 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Money Manager Fund Plan Retail Growth SIP Calculator
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NRI Mutual Fund Tax on Aditya Birla Sun Life Money Manager Fund Plan Retail 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 Money Manager Fund Plan Retail 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 Money Manager Fund Plan Retail 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
Similar Funds
Funds
3Y Return
SBI Savings Fund Plan Growth
moderate risk | debt
6.1%
Aditya Birla Sun Life Money Manager Fund Plan Growth
moderate risk | debt
6.6%
Nippon India Money Market Fund Growth
moderate risk | debt
6.7%
Frequently Asked Questions
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