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
₹10.35
-0.17%
NAV as on 01 May 24, 12:00 AM
moderately high risk
multi asset allocation
hybrid (c)
NAV as on 01 May 24, 12:00 AM
moderately high risk
multi asset allocation
hybrid (c)
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
3.54%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Multi Asset Allocation Fund Growth scheme from Mahindra Manulife Investment Management Pvt. Ltd.. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on Mar 2024, Mahindra Manulife Multi Asset Allocation Fund Growth is Multi Asset Allocation fund of its category with 260.99 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.
The investment objective of the Scheme is to seek to generate long-term capital appreciation and income by investing in equity and equity related securities, debt & money market instruments, Gold/Silver ETFs and Exchange Traded Commodity Derivatives (ETCDs) as permitted by SEBI from time to time. However, there can be no assurance that the investment objective of the Scheme will be achieved.
ICICI Pru Gold ETF
8.58%
Nippon India Silver ETF
5.13%
7.32% Govt Stock 2030
3.88%
7.18% Govt Stock 2037
3.86%
National Bank for Agriculture and Rural Development 7.68%
3.84%
Kotak Mahindra Investments Limited 8.3721%
3.84%
Cholamandalam Investment And Fin. Co. Ltd
3.81%
7.18% Govt Stock 2033
1.93%
Bharti Telecom Limited
1.91%
Brookfield India Real Estate Trust
1.87%
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.