Fund Details
Aditya Birla Sun Life India Reforms Fund Growth
| Risk | High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.85% |
| NAV | ₹19.68 (18 May 2018) |
|---|---|
| Fund Started | 25 Jun 2010 |
| Fund Size | ₹124 Cr |
Returns
Comparison
1. 5Y Returns are higher than the category average returns
2. Age is more than 10 years
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.84867529%
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Eicher Motors Ltd. | Automobile | Equity | 9.4% |
| Voltas Ltd. | Cons Durable | Equity | 9.0% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 8.8% |
| Yes Bank Ltd. | Financial | Equity | 8.3% |
| HDFC Bank Ltd. | Financial | Equity | 7.8% |
| L&T Finance Holdings Ltd. | Financial | Equity | 5.2% |
| Indusind Bank Ltd. | Financial | Equity | 4.8% |
| Repco Home Finance Ltd. | Financial | Equity | 4.5% |
| Sterlite Technologies Ltd. | Communication | Equity | 4.4% |
| Ashoka Buildcon Ltd. | Construction | Equity | 4.0% |
Fund Managers
Aditya Birla Sun Life India Reforms Fund Growth Details
Aditya Birla Sun Life India Reforms Fund Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 25 Jun 2010. Satyabrata Mohanty is the Current Fund Manager of Aditya Birla Sun Life India Reforms Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹124 Cr and the Latest NAV as of 18 May 2018 is ₹19.68.
The Aditya Birla Sun Life India Reforms Fund Growth is rated High risk. Minimum SIP Investment is set to 1000. Exit load of 1% if redeemed within 365 days.
Investment Objective
The scheme seeks to generate income & capital appreciation by predominantly investing in equity & equity linked instruments of companies that are expected to benefit from the economic reforms, PSU divestment and increased government spending. The scheme will invest across sectors without any market cap or sectorial bias.
Tax Implications
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.
