|Min SIP Amount||₹1000|
|NAV||₹11.23 (26 Jul 2021)|
|Fund Started||24 Jul 2013|
|Fund Size||₹7,445 Cr|
|Aditya Birla Sun Life Money Manager Fund Direct-Growth||Financial||Mutual Fund||16.0%|
|Aditya Birla Sun Life Liquid Fund Direct-Growth||Financial||Mutual Fund||5.2%|
|ICICI Bank Ltd.||Financial||Equity||4.2%|
|Reliance Industries Ltd.||Energy||Equity||3.3%|
|Adani Ports and Special Economic Zone Ltd.||Services||Equity||3.1%|
|State Bank of India||Financial||Equity||2.9%|
|JSW Steel Ltd.||Metals||Equity||2.5%|
|Bharti Airtel Ltd.||Communication||Equity||2.2%|
|Aditya Birla Sun Life Floating Rate Direct Fund-Growth||Financial||Mutual Fund||2.0%|
|Aditya Birla Sun Life Low Duration Fund Direct-Growth||Financial||Mutual Fund||2.0%|
Aditya Birla Sun Life Arbitrage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 24 Jul 2013. Lovelish Solanki is the Current Fund Manager of Aditya Birla Sun Life Arbitrage Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹7,445 Cr and the Latest NAV as of 26 Jul 2021 is ₹11.23.
The Aditya Birla Sun Life Arbitrage Fund Direct IDCW is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 0.25% if redeemed within 30 days.
The Scheme seeks to generate income by investing predominantly in equity and equity related instruments. It intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Future).
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.