NRI from all over the world (including 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
₹12.17
0.25%
NAV as on 18 Dec 24, 12:00 AM
very high risk
dynamic asset allocation
hybrid (nc)
NAV as on 18 Dec 24, 12:00 AM
very high risk
dynamic asset allocation
hybrid (nc)
12.36%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
15.84%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the UTI Balanced Advantage Fund Growth scheme from UTI 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 Aug 2023, UTI Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 3,002.63 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.
The scheme intends to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved
HDFC Bank Ltd
7.67%
7.06% Govt Stock 2028
6.56%
ICICI Bank Ltd
4.90%
Reliance Industries Ltd
3.71%
Infosys Ltd
3.70%
Bharti Airtel Ltd
3.46%
Larsen & Toubro Ltd
3.02%
Tata Consultancy Services Ltd
2.78%
7.1% Govt Stock 2034
2.55%
NTPC Ltd
2.02%
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)
22.6%
very high risk | equity
12.6%
very high risk | equity
11.6%