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
₹23.96
0.83%
NAV as on 02 Jan 25, 12:00 AM
moderately high risk
dynamic asset allocation
equity
NAV as on 02 Jan 25, 12:00 AM
moderately high risk
dynamic asset allocation
equity
15.40%p.a.
Last 1Y
9.33%p.a.
Last 3Y
10.99%p.a.
Last 5Y
8.89%p.a.
Since Inception
About Bandhan Balanced Advantage Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Balanced Advantage Growth scheme from Bandhan Asset Management Company Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Oct 2014, Bandhan Balanced Advantage Growth is Dynamic Asset Allocation fund of its category with 2,283.37 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- Bandhan Balanced Advantage Growth delivered 15.4% annual returns during the last year. It has delivered 8.9% average annual returns since the fund was launched.
- Bandhan Balanced Advantage Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity and equity related instruments; and for defensive purposes in equity derivatives. The secondary objective of the scheme will be to generate income and capital appreciation through investment in Debt & Money Market instruments.There is no assurance or guarantee that the objectives of the scheme will be realised.
Top 10 Holdings
Infosys Ltd
5.49%
7.18% Govt Stock 2033
5.07%
7.3% Govt Stock 2053
4.76%
Bajaj Finance Ltd
4.40%
State Bank of India
4.17%
Infosys Limited December 2024 Future
3.67%
ICICI Bank Ltd
3.52%
Future on Bajaj Finance Ltd
3.37%
Reliance Industries Ltd
3.09%
Bharti Airtel Ltd
2.98%
Fund Managers
- Manish Gunwani (Jan 2024 - Present)
- Brijesh Shah (Jul 2022 - Present)
- Vishal Biraia (Dec 2024 - Present)
- Ritika Behera (Oct 2023 - Present)
- Gaurav Satra (Jun 2024 - Present)
Key Information
View Scheme Document
Bandhan Balanced Advantage Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on Bandhan Balanced Advantage 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 Bandhan Balanced Advantage 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 Bandhan Balanced Advantage 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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