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
₹11.08
-0.06%
NAV as on 17 Nov 24, 12:00 AM
low to moderate risk
multi asset allocation
hybrid (c)
NAV as on 17 Nov 24, 12:00 AM
low to moderate risk
multi asset allocation
hybrid (c)
7.86%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
7.69%p.a.
Since Inception
About Edelweiss Multi Asset Allocation Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Edelweiss Multi Asset Allocation Fund Growth scheme from Edelweiss 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 2023, Edelweiss Multi Asset Allocation Fund Growth is Multi Asset Allocation fund of its category with 1,267.94 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.
- Edelweiss Multi Asset Allocation Fund Growth delivered 7.9% annual returns during the last year. It has delivered 7.7% average annual returns since the fund was launched.
- Edelweiss 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 hybrid (c)
Fund Objective
To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Top 10 Holdings
7.26% Govt Stock 2033
12.15%
Silver
9.27%
Hdb Financial Services Limited
5.60%
National Bank For Agriculture And Rural Development
5.59%
Silver-05dec2024-Mcx
5.54%
6.54% Govt Stock 2032
5.47%
7.38% Govt Stock 2027
4.89%
Silvermini-29nov2024-Mcx1
3.76%
Tata Capital Housing Finance Limited
3.70%
Axis Finance Limited
3.27%
Fund Managers
- Bhavesh Jain (Jun 2023 - Present)
- Bharat Lahoti (Jun 2023 - Present)
- Rahul Dedhia (Jul 2024 - Present)
- Amit Vora (Jun 2023 - Present)
- Pranavi Kulkarni (Aug 2024 - Present)
Key Information
View Scheme Document
Edelweiss Multi Asset Allocation Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Edelweiss 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 Edelweiss 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 Edelweiss 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
Frequently Asked Questions
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