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
₹503.74
0.20%
NAV as on 02 Dec 24, 12:00 AM
very high risk
dynamic asset allocation
hybrid (nc)
NAV as on 02 Dec 24, 12:00 AM
very high risk
dynamic asset allocation
hybrid (nc)
24.37%p.a.
Last 1Y
22.23%p.a.
Last 3Y
20.20%p.a.
Last 5Y
18.47%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the HDFC Balanced Advantage Fund Growth scheme from HDFC 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 Feb 1994, HDFC Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 94,865.65 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
To provide long term capital appreciation / income from a dynamic mix of equity and debt investments. There is no assurance that the investment objective of the Scheme will be realized.
HDFC Bank Ltd
6.51%
ICICI Bank Ltd
3.79%
State Bank of India
3.41%
NTPC Ltd
3.03%
Reliance Industries Ltd
3.01%
7.38% Govt Stock 2027
2.92%
Coal India Ltd
2.66%
Larsen & Toubro Ltd
2.47%
Infosys Ltd
2.47%
7.18% Govt Stock 2033
2.46%
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 | equity
12.6%
very high risk | equity
11.5%
very high risk | hybrid (nc)
11.6%