| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.55% |
| NAV | ₹13.97 (25 Sep 2020) |
|---|---|
| Fund Started | 28 Nov 2014 |
| Fund Size | ₹506 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 7.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.2% |
| Adani Enterprises Ltd. | Services | Equity | 7.0% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 5.0% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 4.9% |
| GOI | Sovereign | CGL | 3.6% |
| HDFC Bank Ltd. | Financial | Equity | 3.5% |
| Honeywell Automation India Ltd. | Engineering | Equity | 2.7% |
| GOI | Sovereign | GOI Sec | 2.1% |
| Affle (India) Ltd. | Communication | Equity | 1.9% |
Aditya Birla Sun Life Equity Savings Fund Regular Growth is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 28 Nov 2014. Satyabrata Mohanty, Lovelish Solanki, Pranay Sinha is the Current Fund Manager of Aditya Birla Sun Life Equity Savings Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹506 Cr and the Latest NAV as of 25 Sep 2020 is ₹13.97.
The Aditya Birla Sun Life Equity Savings Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. For units in excess of 15% of the investment,1% will be charged for redemption within 365 days
The scheme seeks to provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategies, arbitrage opportunities and pure equity investments.
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.