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
₹10.92
0.36%
NAV as on 05 Sep 24, 12:00 AM
very high risk
multi asset allocation
equity
NAV as on 05 Sep 24, 12:00 AM
very high risk
multi asset allocation
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
8.96%p.a.
Since Inception
About Bajaj Finserv Multi Asset Allocation Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bajaj Finserv Multi Asset Allocation Fund Growth scheme from Bajaj Finserv Asset Management Limited. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on Jun 2024, Bajaj Finserv Multi Asset Allocation Fund Growth is Multi Asset Allocation fund of its category with 984.33 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.
- Bajaj Finserv Multi Asset Allocation Fund Growth delivered 0.0% annual returns during the last year. It has delivered 9.0% average annual returns since the fund was launched.
- Bajaj Finserv Multi Asset Allocation Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To generate income from fixed income instruments and generate capital appreciation for investors by investing in equity and equity related securitiesincluding derivatives, Gold ETFs, Silver ETFs, exchange traded commodity derivatives and in units of REITs & InvITs. However, there is no assurance that the investment objective of the Scheme will be achieved.
Top 10 Holdings
Hdb Financial Services Limited
5.10%
Kotak Gold ETF
4.89%
DSP Gold ETF
4.87%
HDFC Bank Ltd
3.68%
Hero MotoCorp Ltd
3.19%
Infosys Ltd
3.14%
Coal India Ltd
3.02%
Hindustan Unilever Ltd
2.91%
Indus Towers Ltd Ordinary Shares
2.89%
Tata Consultancy Services Ltd
2.81%
Fund Managers
- Nimesh Chandan (Jun 2024 - Present)
- Siddharth Chaudhary (Jun 2024 - Present)
- Sorbh Gupta (Jun 2024 - Present)
- Vinay Bafna (Jun 2024 - Present)
Key Information
View Scheme Document
Bajaj Finserv Multi Asset Allocation Fund Growth SIP Calculator
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For a period of
Investment of ₹0 could have been
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₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Bajaj Finserv Multi Asset Allocation Fund 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 Bajaj Finserv Multi Asset Allocation 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 Multi Asset Allocation 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
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Frequently Asked Questions
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