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

INVEST VIA NRE/NRO

Aditya Birla Sun Life Multi- Index Fund of Funds Growth for NRI [15.11]

Min Investment

100

Fund Size

17.52 Cr

Expense Ratio

0.9%

Exit Load

0.5%

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

15.11

1.00%

NAV as on 06 Nov 24, 12:00 AM

very high risk

fund of funds

equity

NAV as on 06 Nov 24, 12:00 AM

very high risk

fund of funds

equity

31.92%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

22.05%p.a.

Since Inception

About Aditya Birla Sun Life Multi- Index Fund of Funds Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Multi- Index Fund of Funds Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Oct 2022, Aditya Birla Sun Life Multi- Index Fund of Funds Growth is Fund of Funds fund of its category with 17.52 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.

  • Aditya Birla Sun Life Multi- Index Fund of Funds Growth delivered 31.9% annual returns during the last year. It has delivered 22.1% average annual returns since the fund was launched.
  • Aditya Birla Sun Life Multi- Index Fund of Funds 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 objective of the Scheme is to generate capital appreciation by investing in passively managed instruments such as ETFs and Index Funds of equity and equity related instruments (domestic index funds & ETFs as well as overseas ETFs), fixed income securities, Gold / Silver. The Scheme does not guarantee/indicate any returns. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Top 10 Holdings

Aditya BSL Nifty 200 Momentum 30 ETF

10.92%

Aditya BSL Nifty MdCp 150 Idx Dir Gr

10.68%

Aditya BSL Nifty SmCp 50 Idx Dir Gr

10.67%

Nippon India ETF Gold BeES

9.99%

Aditya BSL Nifty Next 50 Idx Dir Gr

9.92%

Aditya BSL Nifty IT ETF

9.58%

Aditya BSL Nifty 200 Quality 30 ETF

9.49%

Kotak Nifty 50 ETF

8.54%

Aditya BSL CRISIL Broad Based Gilt ETF

6.95%

Aditya BSL CRISIL 10 Year Gilt ETF

6.35%

Fund Managers

  1. Vinod Bhat (Mar 2023 - Present)
  2. Dhaval Joshi (Nov 2022 - Present)

Key Information

View Scheme Document

Aditya Birla Sun Life Multi- Index Fund of Funds 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 Multi- Index Fund of Funds 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 Multi- Index Fund of Funds 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- Index Fund of Funds 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