Aditya Birla Sun Life Equity Fund Direct Growth 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 Growth.The fund currently has an Asset Under Management(AUM) of ₹11,247 Cr and the Latest NAV as of 18 Oct 2019 is ₹766.20.
The Aditya Birla Sun Life Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 100. Exit load of 1% if redeemed within 365 days..
Aims to provide long term capital appreciation through a portfolio with target allocation of 90 percent in equity.
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.