Aditya Birla Sun Life Special Situations Fund Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 31 Jan 2008. Satyabrata Mohanty is the Current Fund Manager of Aditya Birla Sun Life Special Situations Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹181 Cr and the Latest NAV as of 18 May 2018 is ₹25.71.
The Aditya Birla Sun Life Special Situations Fund Growth 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..
The objective of the Scheme is to generate long-term growth of capital by investing in a portfolio of equity and equity related securities. The Scheme would follow an investment strategy that would take advantage of Special Situations and Contrarian investment style.
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)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year.
Same for SIP.