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
₹20.04
-0.10%
NAV as on 18 Dec 24, 12:00 AM
high risk
dynamic asset allocation
equity
NAV as on 18 Dec 24, 12:00 AM
high risk
dynamic asset allocation
equity
11.85%p.a.
Last 1Y
11.36%p.a.
Last 3Y
12.97%p.a.
Last 5Y
12.57%p.a.
Since Inception
About Tata Balanced Advantage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Tata Balanced Advantage Fund Growth scheme from Tata Asset Management Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Jan 2019, Tata Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 10,258.19 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- Tata Balanced Advantage Fund Growth delivered 11.8% annual returns during the last year. It has delivered 12.6% average annual returns since the fund was launched.
- Tata Balanced Advantage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments. 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.
Top 10 Holdings
HDFC Bank Ltd
4.58%
Reliance Industries Ltd
3.69%
Ind29fnsedec2024fut^
3.62%
Tata Consultancy Services Ltd
3.25%
ICICI Bank Ltd
3.01%
State Bank of India
2.85%
Bharti Airtel Ltd
2.83%
Larsen & Toubro Ltd
2.07%
Power Grid Corp Of India Ltd
1.94%
TATA CONSULTANCY SERVICES LTD^
1.93%
Fund Managers
- Akhil Mittal (Jan 2019 - Present)
- Rahul Singh (Jan 2019 - Present)
- Sailesh Jain (Jan 2019 - Present)
Key Information
View Scheme Document
Tata Balanced Advantage Fund Growth SIP Calculator
If invested
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For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Tata Balanced Advantage Fund Growth
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 |
How can NRIs invest in Tata Balanced Advantage Fund Growth?
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:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Tata Balanced Advantage Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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13.1%
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11.5%
Franklin India Balanced Advantage Fund Growth
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0.0%
Frequently Asked Questions
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