Aditya Birla Sun Life Equity Advantage Fund Direct Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Satyabrata Mohanty is the Current Fund Manager of Aditya Birla Sun Life Equity Advantage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹5,039 Cr and the Latest NAV as of 25 Feb 2020 is ₹465.81.
The Aditya Birla Sun Life Equity Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 365 days.
Aims to achieve long term growth of capital at relatively moderate levels of risk through a diversified research based investment approach
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 365 days