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 introduced 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.The fund currently has an Asset Under Management(AUM) of ₹10,219 Cr and the Latest NAV as of 17 Oct 2019 is ₹100.41.
The Aditya Birla Sun Life Money Manager Fund Direct DIvidend Daily is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Nil.
Investment Objective
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹1000
Min for First Investment
₹1000
Min for Second Investment