|Min SIP Amount||₹1000|
|NAV||₹35.72 (26 Nov 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹4,092 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.6%|
|ICICI Bank Ltd.||Financial||Equity||7.4%|
|Bharti Airtel Ltd.||Communication||Equity||5.1%|
|Reliance Industries Ltd.||Energy||Equity||4.0%|
|Ultratech Cement Ltd.||Construction||Equity||3.9%|
|HCL Technologies Ltd.||Technology||Equity||3.7%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.3%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.2%|
Aditya Birla Sun Life Focused Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Mahesh Patil is the Current Fund Manager of Aditya Birla Sun Life Focused Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹4,092 Cr and the Latest NAV as of 26 Nov 2020 is ₹35.72.
The Aditya Birla Sun Life Focused Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 365 days.
The Scheme seeks to achieve long term capital appreciation by investing in upto 30 companies with long term sustainable competitive advantage and growth potential
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.