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

INVEST VIA NRE/NRO

Aditya Birla Sun Life Credit Risk Fund Plan Growth for NRI [19.15]

Min Investment

100

Fund Size

931.87 Cr

Expense Ratio

1.6%

Exit Load

3%

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

19.15

0.04%

NAV as on 22 Jun 24, 12:00 AM

moderately high risk

credit risk

debt

NAV as on 22 Jun 24, 12:00 AM

moderately high risk

credit risk

debt

7.71%p.a.

Last 1Y

7.05%p.a.

Last 3Y

6.78%p.a.

Last 5Y

7.24%p.a.

Since Inception

About Aditya Birla Sun Life Credit Risk Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Credit Risk Fund Plan Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on Apr 2015, Aditya Birla Sun Life Credit Risk Fund Plan Growth is Credit Risk fund of its category with 931.87 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.

  • Aditya Birla Sun Life Credit Risk Fund Plan Growth delivered 7.7% annual returns during the last year. It has delivered 7.2% average annual returns since the fund was launched.
  • Aditya Birla Sun Life Credit Risk Fund Plan 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 returns by predominantly investing in a portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade. The Scheme does not guarantee/indicate any returns. There can be no assurance that the Schemes' objectives will be achieved.

Top 10 Holdings

7.18% Govt Stock 2037

9.80%

7.26% Govt Stock 2033

7.10%

Century Textiles And Industried Limited

5.39%

7.1% Govt Stock 2034

4.35%

JM Financial Credit Solutions Limited

3.99%

Steel Authority Of India Limited

3.24%

JSW Steel Limited

3.24%

Hinduja Housing Finance Limited 8.85%

3.11%

Avanse Financial Services Limited 9.5221%

2.70%

Power Finance Corp Ltd. 7.6%

2.70%

Fund Managers

  1. Sunaina Cunha (Apr 2015 - Present)
  2. Mohit Sharma (Aug 2020 - Present)
  3. Dhaval Joshi (Nov 2022 - Present)

Key Information

View Scheme Document

Aditya Birla Sun Life Credit Risk Fund Plan 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 Aditya Birla Sun Life Credit Risk Fund Plan 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 Aditya Birla Sun Life Credit Risk Fund Plan 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 Aditya Birla Sun Life Credit Risk Fund Plan 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