NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

HDFC Asset Allocator Fund of Funds Growth for NRI [16.77]

Min Investment

100

Fund Size

3,359.68 Cr

Expense Ratio

1.1%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

16.77

-0.62%

NAV as on 13 Nov 24, 12:00 AM

high risk

multi asset allocation

debt

NAV as on 13 Nov 24, 12:00 AM

high risk

multi asset allocation

debt

20.65%p.a.

Last 1Y

13.33%p.a.

Last 3Y

0.00%p.a.

Last 5Y

16.53%p.a.

Since Inception

About HDFC Asset Allocator Fund of Funds Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the HDFC Asset Allocator Fund of Funds Growth scheme from HDFC Asset Management Co Ltd. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on May 2021, HDFC Asset Allocator Fund of Funds Growth is Multi Asset Allocation fund of its category with 3,359.68 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.

  • HDFC Asset Allocator Fund of Funds Growth delivered 20.6% annual returns during the last year. It has delivered 16.5% average annual returns since the fund was launched.
  • HDFC Asset Allocator Fund of Funds Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

To seek capital appreciation by managing the asset allocation between equity oriented, debt oriented and gold ETF schemes. There is no assurance that the investment objective of the Scheme will be realized.

Top 10 Holdings

HDFC Flexi Cap Dir Gr

17.08%

HDFC Top 100 Dir Gr

16.25%

HDFC S/T Debt Dir Gr

14.15%

HDFC Gold ETF

13.81%

HDFC Low Duration Dir Gr

5.78%

HDFC M/T Debt Dir Gr

5.50%

HDFC Income Dir Gr

4.19%

HDFC Small Cap Dir Gr

3.84%

HDFC Mid-Cap Opportunities Dir Gr

3.74%

HDFC Floating Rate Debt Dir Gr

3.08%

Fund Managers

  1. Anil Bamboli (May 2021 - Present)
  2. Srinivasan Ramamurthy (Jan 2022 - Present)
  3. Bhagyesh Kagalkar (Feb 2022 - Present)

Key Information

View Scheme Document

HDFC Asset Allocator Fund of Funds Growth SIP Calculator

If invested

5,000

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 HDFC Asset Allocator Fund of Funds Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in HDFC Asset Allocator Fund of Funds 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 HDFC Asset Allocator Fund of Funds 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