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
₹10.29
-0.10%
NAV as on 16 Dec 24, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 16 Dec 24, 12:00 AM
very high risk
dynamic asset allocation
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
1.60%p.a.
Since Inception
About Canara Robeco Balanced Advantage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Canara Robeco Balanced Advantage Fund Growth scheme from Canara Robeco Asset Management Co. Ltd.. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Aug 2024, Canara Robeco Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 1,494.78 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- Canara Robeco Balanced Advantage Fund Growth delivered 0.0% annual returns during the last year. It has delivered 1.6% average annual returns since the fund was launched.
- Canara Robeco Balanced Advantage 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
The fund aims to generate long-term capital appreciation with income generation by dynamically investing in equity and equity related instruments and debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
HDB Financial Services Ltd.
5.02%
ICICI Bank Ltd
4.17%
HDFC Bank Ltd
4.12%
364 DTB 24072025
3.57%
7.1% Govt Stock 2034
3.42%
Bajaj Finance Limited
3.36%
6.79% Govt Stock 2034
3.35%
Infosys Ltd
2.85%
Larsen & Toubro Ltd
2.58%
Bharti Airtel Ltd
2.47%
Fund Managers
- Suman Prasad (Aug 2024 - Present)
- Shridatta Bhandwaldar (Aug 2024 - Present)
- Ennette Fernandes (Aug 2024 - Present)
- Amit Kadam (Aug 2024 - Present)
Key Information
View Scheme Document
Canara Robeco Balanced Advantage Fund Growth SIP Calculator
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
NRI Mutual Fund Tax on Canara Robeco Balanced Advantage 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 Canara Robeco 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 Canara Robeco 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
Similar Funds
Funds
3Y Return
HDFC Balanced Advantage Fund Growth
very high risk | hybrid (nc)
23.0%
ICICI Prudential Balanced Advantage Fund Growth
very high risk | equity
12.9%
Kotak Balanced Advantage Fund Growth
very high risk | equity
12.1%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved