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
₹20.57
-3.11%
NAV as on 16 Jan 25, 12:00 AM
moderately high risk
dynamic asset allocation
equity
NAV as on 16 Jan 25, 12:00 AM
moderately high risk
dynamic asset allocation
equity
12.57%p.a.
Last 1Y
12.33%p.a.
Last 3Y
11.18%p.a.
Last 5Y
9.80%p.a.
Since Inception
About Invesco India Balanced Advantage Fund Reinvestment of Income Dist cum Capital Wtdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India Balanced Advantage Fund Reinvestment of Income Dist cum Capital Wtdrl scheme from Invesco Asset Management (India) Private Ltd. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Oct 2007, Invesco India Balanced Advantage Fund Reinvestment of Income Dist cum Capital Wtdrl is Dynamic Asset Allocation fund of its category with 926.02 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.
- Invesco India Balanced Advantage Fund Reinvestment of Income Dist cum Capital Wtdrl delivered 12.6% annual returns during the last year. It has delivered 9.8% average annual returns since the fund was launched.
- Invesco India Balanced Advantage Fund Reinvestment of Income Dist cum Capital Wtdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To generate capital appreciation/income from a mix of equity and debt securities which are managed dynamically.
Top 10 Holdings
Larsen & Toubro Ltd
6.37%
Invesco India Shrt DurDir Gr
5.86%
Future on Tata Consultancy Services Ltd
5.79%
Tata Consultancy Services Ltd
5.77%
Invesco India Money Market Dir Gr
5.35%
Future on Larsen & Toubro Ltd
5.18%
HDFC Bank Ltd
5.15%
ICICI Bank Ltd
4.92%
Reliance Industries Ltd
4.71%
Infosys Ltd
4.38%
Fund Managers
- Amit Ganatra (Sep 2022 - Present)
- Dhimant Kothari (Sep 2022 - Present)
Key Information
View Scheme Document
Invesco India Balanced Advantage Fund Reinvestment of Income Dist cum Capital Wtdrl SIP Calculator
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NRI Mutual Fund Tax on Invesco India Balanced Advantage Fund Reinvestment of Income Dist cum Capital Wtdrl
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 Invesco India Balanced Advantage Fund Reinvestment of Income Dist cum Capital Wtdrl?
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 Invesco India Balanced Advantage Fund Reinvestment of Income Dist cum Capital Wtdrl
- 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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