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
₹10.28
-0.48%
NAV as on 07 Sep 24, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 07 Sep 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
2.80%p.a.
Since Inception
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 0 fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
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.
Bajaj Finance Ltd. 8.1%
3.73%
HDB Financial Services 8.04%
3.71%
ICICI Bank Ltd
3.20%
Infosys Ltd
2.77%
HDFC Bank Ltd
2.39%
Bajaj Finance Limited
2.24%
Larsen & Toubro Ltd
2.12%
Reliance Industries Ltd
1.96%
Power Finance Corp Ltd
1.91%
7.18% Govt Stock 2033
1.90%
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
very high risk | hybrid (nc)
24.2%
very high risk | equity
13.8%
very high risk | equity
11.5%