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
₹13.54
0.13%
NAV as on 18 Nov 24, 12:00 AM
very high risk
multi asset allocation
equity
NAV as on 18 Nov 24, 12:00 AM
very high risk
multi asset allocation
equity
20.75%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
21.01%p.a.
Since Inception
About Aditya Birla Sun Life Multi Asset Allocation Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Multi Asset Allocation Fund Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on Feb 2023, Aditya Birla Sun Life Multi Asset Allocation Fund Growth is Multi Asset Allocation fund of its category with 3,664.46 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.
- Aditya Birla Sun Life Multi Asset Allocation Fund Growth delivered 20.8% annual returns during the last year. It has delivered 21.0% average annual returns since the fund was launched.
- Aditya Birla Sun Life Multi Asset Allocation Fund 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 investment objective of the Scheme is to provide long term capital appreciation by investing across asset classes like Equity, Debt, Commodities. & units of REITs & InvITs. The Scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the Scheme will be achieved.
Top 10 Holdings
Aditya BSL Gold ETF
10.82%
HDFC Bank Ltd
4.42%
Aditya BSL Silver ETF
4.36%
Reliance Industries Ltd
3.64%
Infosys Ltd
2.96%
ICICI Bank Ltd
2.81%
Bharti Airtel Ltd
1.93%
Kotak Mahindra Bank Ltd
1.88%
Nexus Select Trust Reits
1.85%
Larsen & Toubro Ltd
1.77%
Fund Managers
- Dhaval Gala (Oct 2024 - Present)
- Bhupesh Bameta (Feb 2023 - Present)
- Sachin Wankhede (Feb 2023 - Present)
- Dhaval Joshi (Feb 2023 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Multi Asset Allocation Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Aditya Birla Sun Life Multi Asset Allocation 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 Multi Asset Allocation 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 Multi Asset Allocation 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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