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
₹58.65
-1.11%
NAV as on 17 Dec 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 17 Dec 24, 12:00 AM
very high risk
elss (tax savings)
elss
20.93%p.a.
Last 1Y
12.40%p.a.
Last 3Y
12.57%p.a.
Last 5Y
11.08%p.a.
Since Inception
About Aditya Birla Sun Life ELSS Tax Saver Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life ELSS Tax Saver 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 Mar 2008, Aditya Birla Sun Life ELSS Tax Saver Growth is ELSS (Tax Savings) fund of its category with 15,895.16 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- Aditya Birla Sun Life ELSS Tax Saver Growth delivered 20.9% annual returns during the last year. It has delivered 11.1% average annual returns since the fund was launched.
- Aditya Birla Sun Life ELSS Tax Saver 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 of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities.
Top 10 Holdings
ICICI Bank Ltd
7.54%
Infosys Ltd
5.23%
Larsen & Toubro Ltd
4.96%
Reliance Industries Ltd
4.61%
HDFC Bank Ltd
4.47%
Fortis Healthcare Ltd
3.50%
Bharti Airtel Ltd
3.25%
State Bank of India
2.57%
Axis Bank Ltd
2.45%
TVS Holdings Ltd
2.27%
Fund Managers
- Dhaval Shah (Oct 2024 - Present)
- Dhaval Joshi (Nov 2022 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life ELSS Tax Saver Growth SIP Calculator
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NRI Mutual Fund Tax on Aditya Birla Sun Life ELSS Tax Saver 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 ELSS Tax Saver 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 ELSS Tax Saver 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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9.7%
SBI Long Term Equity Fund Growth
very high risk | elss
26.0%
Mirae Asset ELSS Tax Saver Fund - Plan-Growth
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16.3%
Frequently Asked Questions
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