Aditya Birla Sun Life Mid Cap Direct Fund Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Jayesh Gandhi is the Current Fund Manager of Aditya Birla Sun Life Mid Cap Direct Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹2,371 Cr and the Latest NAV as of 28 Jan 2020 is ₹49.32.
The Aditya Birla Sun Life Mid Cap Direct Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. Exit load of 1% if redeemed within 365 days..
An Open ended Growth Scheme with the objective to achieve long term growth of capital at controlled level of risk by investing primarily in â??Mid-Capâ?? Stocks. The level of risk is somewhat higher than a fund focused on large and liquid stocks. Concomitantly, the aim is to generate higher returns than a fund focused on large and liquid stocks .
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 365 days.