| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.11% |
| NAV | ₹11.29 (23 Oct 2020) |
|---|---|
| Fund Started | 17 Apr 2015 |
| Fund Size | ₹1,742 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 2.7% |
| Larsen & Toubro Ltd. | Construction | NCD | 2.6% |
| Reliance Industries Ltd. | Energy | NCD | 2.6% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.4% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 2.0% |
| REC Ltd. | Financial | NCD | 2.0% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.0% |
| Reliance Industries Ltd. | Energy | NCD | 2.0% |
| GOI | Sovereign | CGL | 1.9% |
| Reliance Industries Ltd. | Energy | Debenture | 1.8% |
Aditya Birla Sun Life Credit Risk Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 17 Apr 2015. Maneesh Dangi, Sunaina da Cunha is the Current Fund Manager of Aditya Birla Sun Life Credit Risk Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,742 Cr and the Latest NAV as of 23 Oct 2020 is ₹11.29.
The Aditya Birla Sun Life Credit Risk Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 200000. For units in excess of 15% of the investment, exit load of 3% if redeemed within 1 year, 2% if redeemed after 1 year but within 2 years, 1% if redeemed after 2 years but within 3 years.
The scheme seeks to generate returns by predominantly investing in a portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.