|Min SIP Amount||₹1000|
|NAV||₹13.38 (22 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,793 Cr|
|GIC Housing Finance Ltd.||Financial||Debenture||2.2%|
Aditya Birla Sun Life Medium Term Direct Plan IDCW is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Maneesh Dangi, Sunaina da Cunha is the Current Fund Manager of Aditya Birla Sun Life Medium Term Direct Plan IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,793 Cr and the Latest NAV as of 22 Apr 2021 is ₹13.38.
The Aditya Birla Sun Life Medium Term Direct Plan IDCW is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 200000. For units in excess of 15% of the investment, exit load of 2% if redeemed within 1 year, 1% if redeemed after 1 year but within 2 years.
The Scheme seeks to generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium term maturity.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.