| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.07% |
| NAV | ₹118.14 (25 Sep 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹4,352 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.5% |
| HDFC Bank Ltd. | Financial | Equity | 6.1% |
| ICICI Bank Ltd. | Financial | Equity | 4.6% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 3.7% |
| Bajaj Finance Ltd. | Financial | Equity | 3.4% |
| Larsen & Toubro Infotech Ltd. | Technology | Equity | 3.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.2% |
| Info Edge (India) Ltd. | Services | Equity | 3.2% |
| Atul Ltd. | Chemicals | Equity | 3.1% |
| Infosys Ltd. | Technology | Equity | 2.9% |
Aditya Birla Sun Life Equity Advantage Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Satyabrata Mohanty is the Current Fund Manager of Aditya Birla Sun Life Equity Advantage Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹4,352 Cr and the Latest NAV as of 25 Sep 2020 is ₹118.14.
The Aditya Birla Sun Life Equity Advantage Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 365 days
The scheme seeks to achieve long-term growth of capital, at relatively moderate levels of risk through a diversified research based investment in Large & Midcap companies.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.