Aditya Birla Sun Life Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced 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 Growth.The fund currently has an Asset Under Management(AUM) of ₹6,052 Cr and the Latest NAV as of 18 Oct 2019 is ₹14.70.
The Aditya Birla Sun Life Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 100. For units in excess of 15% of the investment, 1% will be charged for redemption within 365 days..
Investment Objective
The investment objective of the Scheme is 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. The Scheme does not guarantee/indicate any returns. There can be no assurance that the Schemesâ?? objectives will be achieved.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹100
Min for First Investment
₹100
Min for Second Investment
For units in excess of 15% of the investment, 1% will be charged for redemption within 365 days.
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