Aditya Birla Sun Life Arbitrage Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 24 Jul 2013. Lovelish Solanki is the Current Fund Manager of Aditya Birla Sun Life Arbitrage Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹5,150 Cr and the Latest NAV as of 21 Nov 2019 is ₹11.14.
The Aditya Birla Sun Life Arbitrage Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Exit load of 0.25% if redeemed within 30 days..
An Open ended Equity Scheme with an investment objective to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Futures).
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 0.25% if redeemed within 30 days.