Aditya Birla Sun Life Dividend Yield Fund Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 26 Feb 2003. Satyabrata Mohanty, Vineet Maloo is the Current Fund Manager of Aditya Birla Sun Life Dividend Yield Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹742 Cr and the Latest NAV as of 22 Oct 2019 is ₹12.95.
The Aditya Birla Sun Life Dividend Yield Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if units in excess of 15% are redeemed or switched-out within 1 year.
Investment Objective
The investment objectives of the scheme are to provide capital growth and income by investing primarily in well diversified portfolio of dividend paying companies that have a relatively high dividend yield.
Tax Implications
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)
₹1000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if units in excess of 15% are redeemed or switched-out within 1 year
Exit Load