Aditya Birla Sun Life Savings Fund Monthly Payment

Aditya Birla Sun Life Savings Fund Monthly Payment is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 23 Dec 1994. Vineet Maloo is the Current Fund Manager of Aditya Birla Sun Life Savings Fund Monthly Payment fund. The fund currently has an Asset Under Management(AUM) of ₹4,11,970 Cr and the Latest NAV as of 03 Jun 2019 is ₹39.76. The Aditya Birla Sun Life Savings Fund Monthly Payment is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Exit load of 1% if units in excess of 15% are redeemed or switched-out within 1 year ;

Investment Objective

The scheme primarily seeks to generate regular income through a predominant exposure to debt and money market instruments. It also aims at capital growth through an equity exposure of maximum 25 per cent. ;