NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Tata Treasury Advantage Fund Growth for NRI [3749.07]

Min Investment

5,000

Fund Size

2,587.66 Cr

Expense Ratio

0.6%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

3749.07

0.01%

NAV as on 13 Nov 24, 12:00 AM

low to moderate risk

low duration

debt

NAV as on 13 Nov 24, 12:00 AM

low to moderate risk

low duration

debt

7.44%p.a.

Last 1Y

5.98%p.a.

Last 3Y

5.85%p.a.

Last 5Y

7.13%p.a.

Since Inception

About Tata Treasury Advantage Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Tata Treasury Advantage Fund Growth scheme from Tata Asset Management Limited. It is a Low Duration mutual fund scheme that predominantly invests in Low Duration stocks of companies. Launched on Sep 2005, Tata Treasury Advantage Fund Growth is Low Duration fund of its category with 2,587.66 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Low Duration funds.

  • Tata Treasury Advantage Fund Growth delivered 7.4% annual returns during the last year. It has delivered 7.1% average annual returns since the fund was launched.
  • Tata Treasury Advantage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The investment objective of the scheme is to generate regular income & capital appreciation by investing in a portfolio of debt & money market instruments with relatively lower interest rate risk. 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

Housing And Urban Development Corporation Ltd.

3.67%

182 DTB 14112024

2.89%

Rural Electrification Corporation Limited

2.41%

Power Finance Corporation Limited

2.13%

Smfg India Credit Company Limited

2.11%

Smfg India Credit Company Limited

1.95%

National Bank For Agriculture And Rural Development

1.94%

National Bank For Agriculture And Rural Development

1.94%

Rural Electrification Corporation Limited

1.94%

National Housing Bank

1.93%

Fund Managers

  1. Akhil Mittal (Jun 2014 - Present)
  2. Abhishek Sonthalia (Feb 2020 - Present)

Key Information

View Scheme Document

Tata Treasury Advantage Fund Growth SIP Calculator

If invested

5,000

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

NRI Mutual Fund Tax on Tata Treasury Advantage Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Tata Treasury 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 Treasury 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

Frequently Asked Questions