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
₹148.64
0.32%
NAV as on 29 Apr 24, 12:00 AM
high risk
fund of funds
fof
NAV as on 29 Apr 24, 12:00 AM
high risk
fund of funds
fof
27.39%p.a.
Last 1Y
19.16%p.a.
Last 3Y
12.07%p.a.
Last 5Y
14.03%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Franklin India Dynamic Asset Allocation Fund Of Funds Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Oct 2003, Franklin India Dynamic Asset Allocation Fund Of Funds Growth is Fund of Funds fund of its category with 1,305.78 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
To provide long-term capital appreciation with relatively lower volatility through a dynamically balanced portfolio of equity and income funds. The equity allocation (i.e. the allocation to the diversified equity fund) will be determined based on the month-end weighted average P/E and P/B ratios of the Nifty 500 Index.
Franklin India Flexi Cap Dir Gr
44.71%
ICICI Pru Short Term Dir Gr
26.11%
SBI Short Term Debt Dir Gr
26.09%
Franklin India S/T Income Dir Gr
0.02%
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
high risk | fof
14.3%
high risk | fof
20.6%
high risk | equity
14.0%