Aditya Birla Sun Life Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Anil Shah is the Current Fund Manager of Aditya Birla Sun Life Equity Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹11,856 Cr and the Latest NAV as of 21 Jan 2020 is ₹125.00.
The Aditya Birla Sun Life Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Exit load of 1% if redeemed within 365 days..
An Open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 90% equity and 10% debt and money market securities.
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 1% if redeemed within 365 days.