NRI from all over the world (excluding 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
₹47.49
0.40%
NAV as on 13 Apr 23, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 13 Apr 23, 12:00 AM
very high risk
elss (tax savings)
elss
-4.40%p.a.
Last 1Y
13.88%p.a.
Last 3Y
3.77%p.a.
Last 5Y
9.78%p.a.
Since Inception
About Aditya Birla Sun Life Tax Pln Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Tax Pln Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Oct 2006, Aditya Birla Sun Life Tax Pln Growth is ELSS (Tax Savings) fund of its category with 314.6 Cr fund under management as on Apr 2023. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- Aditya Birla Sun Life Tax Pln Growth delivered -4.4% annual returns during the last year. It has delivered 9.8% average annual returns since the fund was launched.
- Aditya Birla Sun Life Tax Pln Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund Objective
An Open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief for investment.
Top 10 Holdings
ICICI Bank Ltd
9.28%
Housing Development Finance Corp Ltd
6.27%
Honeywell Automation India Ltd Shs Dematerialised
6.09%
Infosys Ltd
5.64%
Reliance Industries Ltd
5.43%
HDFC Bank Ltd
5.23%
Larsen & Toubro Ltd
4.47%
Bayer CropScience Ltd
4.17%
State Bank of India
3.66%
Axis Bank Ltd
3.42%
Fund Managers
- Atul Penkar (Dec 2021 - Present)
- Dhaval Gala (Apr 2022 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Tax Pln Growth SIP Calculator
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For a period of
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₹0 (+0.0%)
This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Aditya Birla Sun Life Tax 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 Tax 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 Tax 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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