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

INVEST VIA NRE/NRO

Aditya Birla Sun Life Liquid Fund Retail Growth for NRI [652.72]

Min Investment

500

Fund Size

53,124.57 Cr

Expense Ratio

0.3%

Exit Load

0.007%

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

652.72

0.02%

NAV as on 04 Nov 24, 12:00 AM

moderate risk

liquid

liquid

NAV as on 04 Nov 24, 12:00 AM

moderate risk

liquid

liquid

7.38%p.a.

Last 1Y

6.22%p.a.

Last 3Y

5.29%p.a.

Last 5Y

7.09%p.a.

Since Inception

About Aditya Birla Sun Life Liquid Fund Retail Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Liquid Fund Retail Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Jun 1997, Aditya Birla Sun Life Liquid Fund Retail Growth is Liquid fund of its category with 53,124.57 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.

  • Aditya Birla Sun Life Liquid Fund Retail Growth delivered 7.4% annual returns during the last year. It has delivered 7.1% average annual returns since the fund was launched.
  • Aditya Birla Sun Life Liquid Fund Retail Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in liquid

Fund Objective

The objective of the scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.

Top 10 Holdings

Reverse Repo

6.64%

91 DTB 05122024

2.96%

Punjab National Bank

2.78%

191 DTB 24102024

2.35%

State Bank Of India

2.33%

Net Receivables / (Payables)

2.29%

Punjab National Bank

1.88%

Reliance Retail Ventures Limited

1.87%

HDFC Bank Limited

1.87%

LIC Housing Finance Limited

1.87%

Fund Managers

  1. Sunaina Cunha (Jul 2011 - Present)
  2. Kaustubh Gupta (Jul 2011 - Present)
  3. Sanjay Pawar (Jul 2022 - Present)
  4. Dhaval Joshi (Nov 2022 - Present)

Key Information

View Scheme Document

Aditya Birla Sun Life Liquid Fund Retail 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 Liquid Fund Retail 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 Liquid Fund Retail 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 Liquid Fund Retail 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