Aditya Birla Sun Life Monthly Income Growth is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 14 Jul 1999. Sunaina da Cunha is the Current Fund Manager of Aditya Birla Sun Life Monthly Income Growth.The fund currently has an Asset Under Management(AUM) of ₹260 Cr and the Latest NAV as of 01 Jun 2018 is ₹66.81.
The Aditya Birla Sun Life Monthly Income Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 180 days..
The fund aims to generate regular monthly income along with growth of capital.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 180 days.