Birla Sun Life Rajiv Gandhi Equity Savings Scheme Series 1 Direct Growth

Birla Sun Life Rajiv Gandhi Equity Savings Scheme Series 1 Direct Growth

Equity
Large Cap(Old)
NAV: 21 Mar '16
₹14.91
Min. SIP amount
Not Supported
Fund size
₹0.00 Cr
Expense ratio
0.00%

Minimum investments

Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported

Returns and rankings

Annualised returns
Absolute returns
Name1M3M6MAll
Fund returns--------
Category average (Equity Large Cap(Old))--------
Rank (Equity Large Cap(Old))--------

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

About Birla Sun Life Rajiv Gandhi Equity Savings Scheme Series 1 Direct Growth

Birla Sun Life Rajiv Gandhi Equity Savings Scheme Series 1 Direct Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 23 Dec 1994. The fund currently has an Asset Under Management(AUM) of ₹4,30,736 Cr and the Latest NAV as of 21 Mar 2016 is ₹14.91. The Birla Sun Life Rajiv Gandhi Equity Savings Scheme Series 1 Direct Growth is rated NA risk. ;

Investment Objective

The scheme seeks to generate capital appreciation by investing in equity securities which are specified as eligible securities for Rajiv Gandhi Equity Savings Scheme. A certain portion will also be invested in cash and money market instruments.
Fund benchmarkNIFTY 100 Index

Fund house

Rank (total assets)#4 in India
Total AUM₹4,30,735.61 Cr
Date of Incorporation23 Dec 1994
Launch Date23 Dec 1994
AddressOne World Center, Tower 1, 17th Floor, Jupiter Mill CompoundSenapati Bapat Marg, Elphinstone Road Mumbai 400013
CustodianCitibank NA
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,