|Min SIP Amount||₹1000|
|NAV||₹154.33 (12 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹14,539 Cr|
Aditya Birla Sun Life Banking & PSU Debt Fund Direct IDCW 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. Maneesh Dangi, Kaustubh Gupta is the Current Fund Manager of Aditya Birla Sun Life Banking & PSU Debt Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹14,539 Cr and the Latest NAV as of 12 May 2021 is ₹154.33.
The Aditya Birla Sun Life Banking & PSU Debt Fund Direct IDCW is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
The scheme seeks to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector undertakings (PSUs) and Public Financial Institutions (PFIs) in India.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.