Aditya Birla Sun Life AMC International (IFSC) Limited
The ABSL India Growth Fund offers you a diversified way to participate in India’s growth story through a professionally managed portfolio of carefully selected Aditya Birla Sun Life equity mutual fund schemes.
By bringing together different investment styles, sectors, market capitalisations and themes in one portfolio, the Fund aims to provide broad-based exposure to Indian equities while actively monitoring and adjusting allocations to respond to evolving market opportunities.
Designed for investors seeking a convenient way to diversify their equity investments, the Fund brings multiple opportunities to participate in India’s growth story together in a single, professionally managed solution.
Gain exposure to one of the world’s fastest-growing major economies and its expanding role in global growth.
Dynamic Portfolio allocation across Best of Birla Equity Mutual Fund Schemes spanning across Sector, Theme, Market Cap & Business Cycle.
This product is suitable for investors who seek.
*Disclaimer: Investors should consider their investment objectives and risk appetite before investing. Please consult your financial advisor if unsure about the suitability of the product.
Section 10(4D) of the IT Act provides an exemption to the Specified Fund with respect to certain streams of income, to the extent attributable to non-resident unit holders (not being a permanent establishment of a non-resident in India), including:
* Income arising from transfer of specified capital assets on a recognised stock exchange located in any IFSC, where consideration is paid/payable in convertible foreign exchange.
* Income arising from transfer of securities, other than shares in a company resident in India.
Disclaimer: The Investment Manager/Fund is not a tax advisor/expert and each prospective investor should consult its own professional advisers as to the Tax consequences of an investment in the Fund. It is the responsibility of all persons interested in subscribing to interest in the Fund to inform themselves as to any income or other Tax consequences arising, as well as any foreign exchange or other fiscal or legal restrictions that are relevant in connection with the acquisition, holding or disposition of interests of the Fund. Prospective investors should strictly consult their own Tax advisors concerning their individual Tax consequences of their particular situations.
| Parameter | Details |
|---|---|
| Minimum Investment |
USD 500 and in multiples of USD 100; Additional Investments: USD 100
(Additional bank charges may apply by the investor's bank over and above the investment amount.) |
| Face Value | USD 10 per Unit |
| Subscription / Redemption | Daily (Business Days) |
| NAV Declaration | Daily (Business Days) – Website |
| Total Expense Ratio (TER) | Not exceeding 0.75% p.a. (Direct); Not exceeding 2.00% p.a. (Regular) |
| Exit Load | 1% if redeemed within 1 year; Nil after 1 year |