| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.74% |
| NAV | ₹11.05 (30 Oct 2020) |
|---|---|
| Fund Started | 31 Jan 2015 |
| Fund Size | ₹506 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 10.1% |
| Reliance Industries Ltd. | Energy | Equity | 6.6% |
| Hindustan Unilever Ltd. | FMCG | Equity | 6.2% |
| Rallis India Ltd. | Chemicals | Equity | 4.7% |
| Heidelberg Cement India Ltd. | Construction | Equity | 4.3% |
| Asian Paints Ltd. | Chemicals | Equity | 3.9% |
| Kansai Nerolac Paints Ltd. | Chemicals | Equity | 3.9% |
| Voltas Ltd. | Cons Durable | Equity | 3.4% |
| Bharat Electronics Ltd. | Engineering | Equity | 3.1% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 3.1% |
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 made available to investors on 31 Jan 2015. Anil Shah is the Current Fund Manager of Aditya Birla Sun Life Manufacturing Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹506 Cr and the Latest NAV as of 30 Oct 2020 is ₹11.05.
The Aditya Birla Sun Life Manufacturing Equity Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 365 days.
The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in Manufacturing activity.
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.