Aditya Birla Sun Life Frontline Equity Fund Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 30 Aug 2002. Mahesh Patil is the Current Fund Manager of Aditya Birla Sun Life Frontline Equity Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹21,211 Cr and the Latest NAV as of 21 Nov 2019 is ₹25.19.
The Aditya Birla Sun Life Frontline Equity Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 500. 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year.
Same for SIP.