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
₹66.23
-0.11%
NAV as on 17 Nov 24, 12:00 AM
high risk
multi asset allocation
hybrid (nc)
NAV as on 17 Nov 24, 12:00 AM
high risk
multi asset allocation
hybrid (nc)
20.07%p.a.
Last 1Y
10.77%p.a.
Last 3Y
15.13%p.a.
Last 5Y
10.47%p.a.
Since Inception
About HDFC Multi - Asset Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Multi - Asset 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 Aug 2005, HDFC Multi - Asset Growth is Multi Asset Allocation fund of its category with 3,759.76 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 Multi - Asset Growth delivered 20.1% annual returns during the last year. It has delivered 10.5% average annual returns since the fund was launched.
- HDFC Multi - Asset Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (nc)
Fund Objective
The objective of the Scheme is to generate long term capital appreciation/income by investing in a diversified portfolio of equity & equity related instruments, debt & money market instruments and Gold. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
HDFC Gold ETF
11.78%
HDFC Bank Ltd
5.96%
ICICI Bank Ltd
4.97%
Axis Bank Ltd
4.75%
Reliance Industries Ltd
3.32%
Mahindra & Mahindra Ltd
3.08%
Future on Axis Bank Ltd
2.93%
Bharti Airtel Ltd
2.86%
Future on Mahindra & Mahindra Ltd
2.82%
United Spirits Ltd
2.67%
Fund Managers
- Anil Bamboli (Aug 2005 - Present)
- Arun Agarwal (Aug 2020 - Present)
- Srinivasan Ramamurthy (Jan 2022 - Present)
- Bhagyesh Kagalkar (Feb 2022 - Present)
- Nirman Morakhia (Feb 2023 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
Key Information
View Scheme Document
HDFC Multi - Asset Growth SIP Calculator
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NRI Mutual Fund Tax on HDFC Multi - Asset 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 Multi - Asset 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 Multi - Asset 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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0.0%
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13.0%
UTI Multi Asset Allocation Fund Plan Growth
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16.2%
Frequently Asked Questions
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