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
₹20.25
0.02%
NAV as on 08 Dec 24, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 08 Dec 24, 12:00 AM
very high risk
dynamic asset allocation
equity
18.89%p.a.
Last 1Y
12.30%p.a.
Last 3Y
12.72%p.a.
Last 5Y
11.50%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Kotak Balanced Advantage Fund Growth scheme from Kotak Mahindra 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 2018, Kotak Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 16,751.58 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 investment objective of the scheme is to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.
HDFC Bank Ltd
5.86%
ICICI Bank Ltd
3.76%
Infosys Ltd
3.74%
HDFC Bank Ltd.-NOV2024
2.84%
7.93% Govt Stock 2033
2.79%
Reliance Industries Ltd
2.60%
7.41% Govt Stock 2036
2.33%
Larsen & Toubro Ltd
1.88%
InterGlobe Aviation Ltd
1.86%
7.1% Govt Stock 2029
1.78%
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)
23.2%
very high risk | equity
13.2%
very high risk | hybrid (nc)
12.5%