Aditya Birla Sun Life Manufacturing Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 31 Jan 2015. Anil Shah is the Current Fund Manager of Aditya Birla Sun Life Manufacturing Equity Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹561 Cr and the Latest NAV as of 16 Oct 2019 is ₹10.93.
The Aditya Birla Sun Life Manufacturing Equity Fund Direct Dividend is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 365 days..
Investment Objective
The primary investment objective of the Schemes is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in Manufacturing activity. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemesâ?? objectives will be achieved.
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.
Scheme Information Document(SID)
₹1000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 365 days.
Exit Load