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
₹17.19
-0.10%
NAV as on 30 Apr 24, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
dynamic asset allocation
equity
28.43%p.a.
Last 1Y
12.88%p.a.
Last 3Y
0.00%p.a.
Last 5Y
11.70%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Shriram Balanced Advantage Fund Growth scheme from Shriram Asset Management Co Ltd. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Jul 2019, Shriram Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 46.26 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accordingly invest in equities, arbitrage opportunities, derivative strategies and debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Reliance Industries Ltd
7.90%
Rural Electrification Corporation Limited
5.58%
HDFC Bank Ltd
5.13%
Nifty
4.86%
LIC Housing Finance Ltd
4.53%
ICICI Bank Ltd
4.32%
6.54% Govt Stock 2032
4.24%
Larsen & Toubro Ltd
3.04%
Tata Motors Ltd Class A
2.90%
Tata Consultancy Services Ltd
2.60%
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)
25.9%
very high risk | equity
11.2%
very high risk | hybrid (nc)
14.0%