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
₹10.84
-0.21%
NAV as on 05 Oct 24, 12:00 AM
moderate risk
dynamic asset allocation
hybrid (nc)
NAV as on 05 Oct 24, 12:00 AM
moderate risk
dynamic asset allocation
hybrid (nc)
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
8.52%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Parag Parikh Dynamic Asset Allocation Fund Growth scheme from PPFAS Asset Management Pvt. Ltd. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Feb 2024, Parag Parikh Dynamic Asset Allocation Fund Growth is Dynamic Asset Allocation fund of its category with 1,028.37 Cr fund under management as on Oct 2024. 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 generate income/longterm capital appreciation by investing in equity, equity derivatives, fixed income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation while managing downside risk. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Tata Motors Ltd
4.61%
Tata Motors Limited September 2024 Future
4.58%
Parag Parikh Liquid Dir Gr
4.47%
Power Grid Corp Of India Ltd
3.01%
Coal India Ltd
2.98%
ITC Ltd
2.98%
Petronet LNG Ltd
2.97%
07.70 MH Sgs 2031
2.49%
Hdfc Bank Limited September 2024 Future
2.45%
07.33 MH Sdl 2031
2.45%
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.