Fund Details
Aditya Birla Sun Life Manufacturing Equity Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.81% |
| NAV | ₹14.76 (22 Jun 2021) |
|---|---|
| Fund Started | 31 Jan 2015 |
| Fund Size | ₹643 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
1. Higher expense ratio - 1.81%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 8.2% |
| Reliance Industries Ltd. | Energy | Equity | 5.0% |
| Tata Steel Ltd. | Metals | Equity | 4.7% |
| Aarti Industries Ltd. | Chemicals | Equity | 4.2% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.9% |
| Rallis India Ltd. | Chemicals | Equity | 3.8% |
| Voltas Ltd. | Cons Durable | Equity | 3.8% |
| Asian Paints Ltd. | Chemicals | Equity | 3.7% |
| Heidelberg Cement India Ltd. | Construction | Equity | 3.5% |
| Hindalco Industries Ltd. | Metals | Equity | 3.2% |
Fund Managers
Aditya Birla Sun Life Manufacturing Equity Fund Direct IDCW Details
Aditya Birla Sun Life Manufacturing Equity Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹643 Cr and the Latest NAV as of 22 Jun 2021 is ₹14.76.
The Aditya Birla Sun Life Manufacturing Equity Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 365 days.
Investment Objective
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.
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.
