| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.98% |
| NAV | ₹714.86 (13 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹10,175 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.7% |
| ICICI Bank Ltd. | Financial | Equity | 7.8% |
| Bharti Airtel Ltd. | Communication | Equity | 7.0% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 4.7% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 4.7% |
| Infosys Ltd. | Technology | Equity | 4.6% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 2.8% |
| HCL Technologies Ltd. | Technology | Equity | 2.6% |
| Reliance Industries Ltd. | Energy | Equity | 2.4% |
| Axis Bank Ltd. | Financial | Equity | 2.3% |
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 made available to investors on 01 Jan 2013. Anil Shah is the Current Fund Manager of Aditya Birla Sun Life Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹10,175 Cr and the Latest NAV as of 13 Jul 2020 is ₹714.86.
The Aditya Birla Sun Life Equity Fund Direct Growth 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.
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.