Aditya Birla Sun Life Money Manager Fund Direct Dividend Weekly 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 Weekly.The fund currently has an Asset Under Management(AUM) of ₹10,452 Cr and the Latest NAV as of 06 Dec 2019 is ₹100.20.
The Aditya Birla Sun Life Money Manager Fund Direct Dividend Weekly is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Nil.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment