|Min SIP Amount||₹100|
|NAV||₹327.32 (24 Jun 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹20,427 Cr|
|ICICI Bank Ltd.||Financial||Equity||9.3%|
|HDFC Bank Ltd.||Financial||Equity||7.8%|
|Reliance Industries Ltd.||Energy||Equity||4.5%|
|Axis Bank Ltd.||Financial||Equity||4.1%|
|Bharti Airtel Ltd.||Communication||Equity||3.9%|
|Larsen & Toubro Ltd.||Construction||Equity||3.4%|
|State Bank of India||Financial||Equity||2.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||2.6%|
|Tech Mahindra Ltd.||Technology||Equity||2.4%|
Aditya Birla Sun Life Frontline Equity Direct Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹20,427 Cr and the Latest NAV as of 24 Jun 2021 is ₹327.32.
The Aditya Birla Sun Life Frontline Equity Direct Fund Growth is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. Exit load of 1% if redeemed within 90 days.
The scheme seeks 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, Nifty 50. The secondary objective
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.