| Risk | Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.21% |
| NAV | ₹100.38 (29 Oct 2020) |
|---|---|
| Fund Started | 31 Dec 2012 |
| Fund Size | ₹9,629 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| LIC Housing Finance Ltd. | Financial | CP | 6.2% |
| Larsen & Toubro Ltd. | Construction | CP | 4.2% |
| Reliance Industries Ltd. | Energy | CP | 4.1% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 3.3% |
| Reliance Retail Ventures Ltd. | Services | CP | 3.1% |
| ICICI Bank Ltd. | Financial | CD | 2.8% |
| Axis Bank Ltd. | Financial | CD | 2.6% |
| Hero FinCorp Ltd. | Financial | CP | 2.6% |
| JSW Steel Ltd. | Metals | CP | 2.6% |
| IDFC First Bank Ltd. | Financial | CD | 2.6% |
Aditya Birla Sun Life Money Manager Fund Direct DIvidend Daily is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 31 Dec 2012. Kaustubh Gupta, Mohit Sharma is the Current Fund Manager of Aditya Birla Sun Life Money Manager Fund Direct DIvidend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹9,629 Cr and the Latest NAV as of 29 Oct 2020 is ₹100.38.
The Aditya Birla Sun Life Money Manager Fund Direct DIvidend Daily is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.