|Min SIP Amount||₹100|
|NAV||₹114.90 (13 Aug 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹10,737 Cr|
|HDFC Bank Ltd.||Financial||Equity||9.0%|
|ICICI Bank Ltd.||Financial||Equity||7.8%|
|Bharti Airtel Ltd.||Communication||Equity||6.7%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||4.3%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||4.1%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.8%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||3.1%|
|Reliance Industries Ltd.||Energy||Equity||2.6%|
|HCL Technologies Ltd.||Technology||Equity||2.5%|
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 made available to investors on 01 Jan 2013. Anil Shah is the Current Fund Manager of Aditya Birla Sun Life Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹10,737 Cr and the Latest NAV as of 13 Aug 2020 is ₹114.90.
The Aditya Birla Sun Life Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. 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.