|Min SIP Amount||Not Supported|
|Fund Started||05 Aug 2009|
|Fund Size||₹0 Cr|
Birla Sun Life Mid Cap Fund Plan B Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 05 Aug 2009. .The fund currently has an Asset Under Management(AUM) of ₹0 Cr and the Latest NAV as of is ₹0.00.
The Birla Sun Life Mid Cap Fund Plan B Growth is rated risk. Exit load of 1% if redeemed within 1 year. Same for SIP.
The scheme aims at long-term growth of capital at controlled level of risk by investing primarily in mid-cap stocks, to generate returns higher than a fund focused on large and liquid stocks. A small portion of the portfolio may be kept in call & money market instruments in order to meet the liquidity needs.
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.