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
₹20.20
-0.20%
NAV as on 04 Nov 24, 12:00 AM
moderately high risk
dynamic asset allocation
equity
NAV as on 04 Nov 24, 12:00 AM
moderately high risk
dynamic asset allocation
equity
28.34%p.a.
Last 1Y
11.76%p.a.
Last 3Y
12.32%p.a.
Last 5Y
10.21%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Balanced Advantage Fund Growth scheme from Axis Asset Management Company Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Aug 2017, Axis Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 2,577.32 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
To achieve the dual objective of capital appreciation by investing in a portfolio of equity or equity linked securities and generating income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
7.25% Govt Stock 2063
7.28%
HDFC Bank Ltd
5.89%
Reliance Industries Ltd
4.37%
Infosys Ltd
4.20%
ICICI Bank Ltd
3.81%
Mahindra & Mahindra Ltd
3.31%
Bharti Airtel Ltd
2.46%
Sun Pharmaceuticals Industries Ltd
2.44%
Bajaj Finance Ltd
2.42%
NTPC Ltd
2.17%
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
moderately high risk | hybrid (nc)
0.0%
moderately high risk | hybrid (nc)
0.0%