NRI from all over the world (including 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
₹20.39
0.51%
NAV as on 17 Dec 24, 12:00 AM
very high risk
multi asset allocation
equity
NAV as on 17 Dec 24, 12:00 AM
very high risk
multi asset allocation
equity
20.42%p.a.
Last 1Y
15.29%p.a.
Last 3Y
0.00%p.a.
Last 5Y
17.91%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India Multi Asset Allocation Fund Growth scheme from Nippon Life India Asset Management Ltd. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on Aug 2020, Nippon India Multi Asset Allocation Fund Growth is Multi Asset Allocation fund of its category with 4,683.26 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.
The primary investment objective of Nippon India Multi Asset Allocation Fund is to seek long term capital growth by investing in equity and equity related securities, debt & money market instruments and Exchange Traded Commodity Derivatives and Gold ETF, Silver ETF as permitted by SEBI from time to time. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
iShares MSCI World ETF
11.97%
Nippon India ETF Gold BeES
10.32%
ICICI Bank Ltd
3.19%
HDFC Bank Ltd
2.68%
Nippon India Silver ETF
2.67%
7.17% Govt Stock 2030
2.07%
Infosys Ltd
2.02%
Bharti Airtel Ltd
1.74%
Reliance Industries Ltd
1.66%
State Bank of India
1.61%
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 | equity
19.5%
very high risk | equity
0.0%
very high risk | hybrid (nc)
13.4%