|Min SIP Amount||₹100|
|NAV||₹150.82 (20 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹12,624 Cr|
|ICICI Bank Ltd.||Financial||Equity||8.8%|
|HDFC Bank Ltd.||Financial||Equity||8.6%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||5.7%|
|Bharti Airtel Ltd.||Communication||Equity||5.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.3%|
|HCL Technologies Ltd.||Technology||Equity||3.3%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||3.0%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||3.0%|
|Reliance Industries Ltd.||Energy||Equity||2.4%|
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 ₹12,624 Cr and the Latest NAV as of 20 Jan 2021 is ₹150.82.
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.
The fund seeks long-term growth of capital and regular income through 90% investment in equities and 10% in debt and money market securities. The scheme would adopt top-down & bottom-up approach of investing & a portion of the scheme will also be invested in IPOs, emerging sectors & other primary market offerings.
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.