Aditya Birla Sun Life Infrastructure 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. Mahesh Patil, Vineet Maloo is the Current Fund Manager of Aditya Birla Sun Life Infrastructure Direct Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹509 Cr and the Latest NAV as of 11 Nov 2019 is ₹30.89.
The Aditya Birla Sun Life Infrastructure Direct Fund Growth is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 1 year.
Same for SIP..
Birla Infrastructure Fund seeks to provide medium to long-term capital appreciation, by investing predominantly in a diversified portfolio of equity and equity related securities of companies that are participating in the growth and development of Infrastructure in India.
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.