Aditya Birla Sun Life Digital India Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Kunal Sangoi is the Current Fund Manager of Aditya Birla Sun Life Digital India Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹453 Cr and the Latest NAV as of 19 Sep 2019 is ₹24.64.
The Aditya Birla Sun Life Digital India Fund Direct Dividend is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 1 year.
Same for SIP..
Investment Objective
A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective is income generation and distribution of dividend.
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.
Scheme Information Document(SID)
₹1000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year.
Same for SIP.
Exit Load