| Risk | Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.18% |
| NAV | ₹100.71 (05 Aug 2020) |
|---|---|
| Fund Started | 31 Dec 2012 |
| Fund Size | ₹9,214 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| LIC Housing Finance Ltd. | Financial | CP | 6.3% |
| Reliance Industries Ltd. | Energy | CP | 4.2% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.7% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 3.4% |
| ICICI Bank Ltd. | Financial | CD | 2.9% |
| Larsen & Toubro Ltd. | Construction | CP | 2.8% |
| Axis Bank Ltd. | Financial | CD | 2.7% |
| Hero FinCorp Ltd. | Financial | CP | 2.6% |
| Reliance Industries Ltd. | Energy | CP | 2.6% |
| Larsen & Toubro Ltd. | Construction | CP | 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 ₹9,214 Cr and the Latest NAV as of 05 Aug 2020 is ₹100.71.
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 primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and 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.