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
₹16.80
0.37%
NAV as on 19 Nov 24, 12:00 AM
high risk
multi asset allocation
debt
NAV as on 19 Nov 24, 12:00 AM
high risk
multi asset allocation
debt
19.68%p.a.
Last 1Y
13.84%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 19.7% 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
- Anil Bamboli (May 2021 - Present)
- Srinivasan Ramamurthy (Jan 2022 - Present)
- Bhagyesh Kagalkar (Feb 2022 - Present)
Key Information
View Scheme Document
HDFC Asset Allocator Fund of Funds Growth SIP Calculator
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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 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 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
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Frequently Asked Questions
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