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

INVEST VIA NRE/NRO

Aditya Birla Sun Life Nifty Midcap 150 Index Fund Growth for NRI [22.07]

Min Investment

100

Fund Size

285.42 Cr

Expense Ratio

1.0%

Exit Load

0.25%

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

22.07

-2.67%

NAV as on 13 Nov 24, 12:00 AM

very high risk

index funds

equity

NAV as on 13 Nov 24, 12:00 AM

very high risk

index funds

equity

30.88%p.a.

Last 1Y

18.60%p.a.

Last 3Y

0.00%p.a.

Last 5Y

26.14%p.a.

Since Inception

About Aditya Birla Sun Life Nifty Midcap 150 Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Nifty Midcap 150 Index Fund Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Apr 2021, Aditya Birla Sun Life Nifty Midcap 150 Index Fund Growth is Index Funds fund of its category with 285.42 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • Aditya Birla Sun Life Nifty Midcap 150 Index Fund Growth delivered 30.9% annual returns during the last year. It has delivered 26.1% average annual returns since the fund was launched.
  • Aditya Birla Sun Life Nifty Midcap 150 Index 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 returns that closely correspond to the total returns of securities as represented by Nifty Midcap 150 Index, subject to tracking errors. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

Top 10 Holdings

Suzlon Energy Ltd

2.38%

Max Healthcare Institute Ltd Ordinary Shares

2.26%

BSE Ltd

1.81%

Indian Hotels Co Ltd

1.78%

Persistent Systems Ltd

1.71%

PB Fintech Ltd

1.61%

Dixon Technologies (India) Ltd

1.59%

Lupin Ltd

1.58%

Coforge Ltd

1.52%

The Federal Bank Ltd

1.49%

Fund Managers

  1. Haresh Mehta (Mar 2023 - Present)

Key Information

View Scheme Document

Aditya Birla Sun Life Nifty Midcap 150 Index Fund 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 Nifty Midcap 150 Index Fund 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 Nifty Midcap 150 Index 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 Nifty Midcap 150 Index 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

Frequently Asked Questions