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
₹12.68
-2.26%
NAV as on 16 Jan 25, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 16 Jan 25, 12:00 AM
very high risk
dynamic asset allocation
equity
14.05%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
12.27%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Balanced Advantage Fund Reinvestment Inc Dist cum Cap Wdrl scheme from Mahindra Manulife Investment Management Pvt. Ltd.. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Dec 2021, Mahindra Manulife Balanced Advantage Fund Reinvestment Inc Dist cum Cap Wdrl is Dynamic Asset Allocation fund of its category with 904.25 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.
The investment objective of the Scheme is to provide capital appreciation and generate income through a dynamic mix of equity, debt and money market instruments. The Scheme seeks to reduce the volatility by diversifying the assets across equity, debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved.
HDFC Bank Ltd
6.08%
Reliance Industries Ltd
4.63%
ICICI Bank Ltd
3.52%
National Bank For Agriculture And Rural Development
2.76%
ITC Ltd
2.61%
7.18% Govt Stock 2037
2.44%
7.23% Govt Stock 2039
2.28%
National Bank For Agriculture And Rural Development
2.22%
Hindustan Unilever Ltd
2.14%
Mahindra & Mahindra Ltd
1.92%
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 | hybrid (nc)
22.3%
very high risk | hybrid (nc)
22.6%
very high risk | equity
12.6%