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
₹17.65
0.20%
NAV as on 17 Nov 24, 12:00 AM
very high risk
retirement
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
retirement
equity
21.64%p.a.
Last 1Y
8.93%p.a.
Last 3Y
11.68%p.a.
Last 5Y
10.98%p.a.
Since Inception
About Aditya Birla Sun Life Retirement Fund - The 40s Pln Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Retirement Fund - The 40s Pln Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Retirement mutual fund scheme that predominantly invests in Retirement stocks of companies. Launched on Mar 2019, Aditya Birla Sun Life Retirement Fund - The 40s Pln Growth is Retirement fund of its category with 112.64 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Retirement funds.
- Aditya Birla Sun Life Retirement Fund - The 40s Pln Growth delivered 21.6% annual returns during the last year. It has delivered 11.0% average annual returns since the fund was launched.
- Aditya Birla Sun Life Retirement Fund - The 40s Pln 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 investment objective of the Scheme is income generation and capital appreciation for its investors which will be in line with their retirement goals by investing in a mix of equity, equity related instruments along with debt and money market instruments. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes¡¯ objectives will be achieved.
Top 10 Holdings
7.18% Govt Stock 2033
7.70%
ICICI Bank Ltd
7.03%
Infosys Ltd
5.36%
HDFC Bank Ltd
5.03%
Larsen & Toubro Ltd
3.54%
UltraTech Cement Ltd
3.33%
7.34% Govt Stock 2064
3.25%
Reliance Industries Ltd
3.11%
Bharti Hexacom Ltd
2.81%
Sun Pharmaceuticals Industries Ltd
2.74%
Fund Managers
- Chanchal Khandelwal (Oct 2024 - Present)
- Harshil Suvarnkar (Mar 2021 - Present)
- Dhaval Joshi (Nov 2022 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Retirement Fund - The 40s Pln Growth SIP Calculator
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NRI Mutual Fund Tax on Aditya Birla Sun Life Retirement Fund - The 40s Pln 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 Retirement Fund - The 40s Pln 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 Retirement Fund - The 40s Pln 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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