NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Bajaj Finserv Balanced Advantage Fund Growth for NRI [11.06]

Min Investment

500

Fund Size

1,334.16 Cr

Expense Ratio

2.1%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

11.06

-0.22%

NAV as on 11 Nov 24, 12:00 AM

very high risk

dynamic asset allocation

hybrid (nc)

NAV as on 11 Nov 24, 12:00 AM

very high risk

dynamic asset allocation

hybrid (nc)

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

10.54%p.a.

Since Inception

About Bajaj Finserv Balanced Advantage Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Bajaj Finserv Balanced Advantage Fund Growth scheme from Bajaj Finserv Asset Management Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Dec 2023, Bajaj Finserv Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 1,334.16 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.

  • Bajaj Finserv Balanced Advantage Fund Growth delivered 0.0% annual returns during the last year. It has delivered 10.5% average annual returns since the fund was launched.
  • Bajaj Finserv Balanced Advantage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in hybrid (nc)

Fund Objective

The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives.

Top 10 Holdings

HDFC Bank Ltd

6.76%

Reliance Industries Ltd

5.11%

Tata Consultancy Services Ltd

4.34%

Nifty October 2024 Future

3.90%

Infosys Ltd

3.86%

07.18 Goi 14082033

3.85%

ICICI Bank Ltd

3.64%

Hindustan Unilever Ltd

3.54%

Bharti Airtel Ltd

2.29%

Britannia Industries Ltd

1.97%

Fund Managers

  1. Nimesh Chandan (Dec 2023 - Present)
  2. Siddharth Chaudhary (Dec 2023 - Present)
  3. Sorbh Gupta (Dec 2023 - Present)

Key Information

View Scheme Document

Bajaj Finserv Balanced Advantage Fund Growth SIP Calculator

If invested

5,000

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

NRI Mutual Fund Tax on Bajaj Finserv Balanced Advantage Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Bajaj Finserv Balanced Advantage Fund 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 Bajaj Finserv Balanced Advantage Fund 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

Frequently Asked Questions