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
₹14.55
-0.82%
NAV as on 13 Nov 24, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 13 Nov 24, 12:00 AM
very high risk
dynamic asset allocation
equity
16.31%p.a.
Last 1Y
8.22%p.a.
Last 3Y
0.00%p.a.
Last 5Y
11.00%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the PGIM India Balanced Advantage Fund Growth scheme from PGIM India Asset Management Private Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Feb 2021, PGIM India Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 1,057.34 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
To provide capital appreciation and income distribution to the investors by dynamically managing the asset allocation between equity and fixed income using equity derivatives strategies, arbitrage opportunities and pure equity investments. The scheme seeks to reduce the volatility by diversifying the assets across equity and fixed income. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.
7.18% Govt Stock 2037
5.79%
ICICI Bank Ltd
5.51%
HDFC Bank Ltd
5.42%
7.18% Govt Stock 2033
5.01%
Reliance Industries Ltd
4.95%
7.1% Govt Stock 2034
4.52%
Bharti Airtel Ltd
3.54%
Infosys Ltd
3.52%
Tata Consultancy Services Ltd
3.28%
Larsen & Toubro Ltd
3.12%
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)
19.8%
very high risk | equity
11.4%
very high risk | equity
10.1%