|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹100.73 (12 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹18,188 Cr|
|Citi Corp Finance Ltd||Financial||Debenture||3.1%|
|Reserve Bank of India||Financial||T-Bills||3.1%|
|Bank Of Baroda||Financial||CD||2.8%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||2.5%|
|Axis Bank Ltd.||Financial||CD||2.1%|
|Federal Bank Ltd.||Financial||CD||1.5%|
Aditya Birla Sun Life Savings Direct IDCW Weekly 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹18,188 Cr and the Latest NAV as of 12 May 2021 is ₹100.73.
The Aditya Birla Sun Life Savings Direct IDCW Weekly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
The scheme aims to generate regular income from a portfolio of debt and 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.