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
₹521.97
0.06%
NAV as on 11 Nov 24, 12:00 AM
moderate risk
ultra short duration
debt
NAV as on 11 Nov 24, 12:00 AM
moderate risk
ultra short duration
debt
7.73%p.a.
Last 1Y
6.40%p.a.
Last 3Y
6.09%p.a.
Last 5Y
7.41%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Savings Fund Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Ultra Short Duration mutual fund scheme that predominantly invests in Ultra Short Duration stocks of companies. Launched on Apr 2003, Aditya Birla Sun Life Savings Fund Growth is Ultra Short Duration fund of its category with 13,741.09 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Ultra Short Duration funds.
The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.
National Housing Bank 7.83%
5.97%
Shriram Finance Company Limited
4.38%
Nirma Limited
3.65%
Rural Electrification Corporation Limited
2.92%
National Housing Bank
2.91%
Tata Realty And Infrastructure Limited
2.62%
Bharti Telecom Limited
2.36%
Govt Stock 04102028
2.31%
Bajaj Housing Finance Ltd. 8%
2.19%
Nirma Limited 8.3%
1.82%
View Scheme Document
If invested
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
moderate risk | debt
6.4%
moderate risk | debt
6.2%
moderate risk | debt
6.1%