|Min SIP Amount||₹100|
|NAV||₹50.80 (07 Aug 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹16,662 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.8%|
|ICICI Bank Ltd.||Financial||Equity||6.8%|
|Reliance Industries Ltd.||Energy||Equity||6.6%|
|Bharti Airtel Ltd.||Communication||Equity||6.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.6%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||2.9%|
|National Thermal Power Corp. Ltd.||Energy||Equity||2.8%|
Aditya Birla Sun Life Frontline Equity Direct Fund Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Mahesh Patil is the Current Fund Manager of Aditya Birla Sun Life Frontline Equity Direct Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹16,662 Cr and the Latest NAV as of 07 Aug 2020 is ₹50.80.
The Aditya Birla Sun Life Frontline Equity Direct Fund Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. Exit load of 1% if redeemed within 1 year. Same for SIP.
An Open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, S&P BSE 200.
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.