| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.33% |
| NAV | ₹100.64 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹12,902 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | NCD | 5.8% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 4.7% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.1% |
| Shriram Transport Finance Co. Ltd. | Financial | Debenture | 2.8% |
| Indusind Bank Ltd. | Financial | CD | 2.6% |
| REC Ltd. | Financial | Debenture | 2.5% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.5% |
| REC Ltd. | Financial | Debenture | 2.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.1% |
| Maharashtra State | Others | SDL | 2.0% |
Aditya Birla Sun Life Savings Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sunaina da Cunha, Kaustubh Gupta is the Current Fund Manager of Aditya Birla Sun Life Savings Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹12,902 Cr and the Latest NAV as of 03 Jul 2020 is ₹100.64.
The Aditya Birla Sun Life Savings Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions,invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.