Aditya Birla Sun Life India Reforms Direct Fund Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Satyabrata Mohanty is the Current Fund Manager of Aditya Birla Sun Life India Reforms Direct Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹124 Cr and the Latest NAV as of 18 May 2018 is ₹20.46.
The Aditya Birla Sun Life India Reforms Direct Fund Growth is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 365 days..
The investment objective is to generate growth and capital appreciation by building a portfolio of companies that are expected to benefit from the economic reforms, PSU divestment and increased government spending.
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 365 days.