|Min SIP Amount||₹100|
|NAV||₹218.04 (10 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹16,662 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.2%|
|ICICI Bank Ltd.||Financial||Equity||6.7%|
|Reliance Industries Ltd.||Energy||Equity||6.1%|
|Bharti Airtel Ltd.||Communication||Equity||6.1%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.6%|
|National Thermal Power Corp. Ltd.||Energy||Equity||3.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.3%|
|Larsen & Toubro Ltd.||Construction||Equity||3.0%|
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 ₹16,662 Cr and the Latest NAV as of 10 Jul 2020 is ₹218.04.
The Aditya Birla Sun Life Frontline Equity Direct Fund Growth 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.
Primary objective is growth of capital and secondary objective is income generation and distribution of dividend.
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.