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Home>NFOs>Aditya Birla Sun Life Mutual Fund>Aditya Birla Sun Life Business Cycle Fund Direct - Growth - NFO

Aditya Birla Sun Life Business Cycle Fund Direct - Growth - NFO

Equity
Sectoral / Thematic
Very High Risk
Launch date15 Nov 2021
Allotment date03 Dec 2021
End date29 Nov 2021
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.52%

Inclusive of GST

Exit load

1% for redemption within 30 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Vinod Bhat
Nov 2021 - Present
View details

Education
Vinod is a CFA (USA) and has done his MBA in Finance from Wharton University of Pennsylvania (USA). He is an M.S. in Industrial Engineering from Pennsylvania State University (USA) and holds a B.Tech degree in Mechanical Engineering from IIT Bombay.
Experience
Prior to joining ABSLAMC, he was the Vice President - Corporate Strategy and Business Development with Aditya Birla Management Corporation Pvt. Ltd. He had also worked with Ocean Park Advisors (USA) as a Senior Associate- Investment Banking. He was also part of Credit Suisse (USA) as an Associate - Investment Banking.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#4 in India
Total AUM₹2,97,412.07Cr
Date of Incorporation23 Dec 1994

Aditya Birla Sun Life Business Cycle Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund.
Aditya Birla Sun Life Business Cycle Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 23 Dec 1994. Vineet Maloo is the Current Fund Manager of Aditya Birla Sun Life Business Cycle Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹2,97,412 Cr and the Latest NAV as of 03 Dec 2021 is ₹10.00. The Aditya Birla Sun Life Business Cycle Fund Direct - Growth - NFO is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. 1% for redemption within 30 days
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Fund house contact details

Address
One India Bulls Center - Tower 1,17th Floor - Jupiter Mills Compound,841 Senapati Bhawan, Elphinstone Road, Mumbai 400013
Phone
022-43568000 / 1800-270-7000 / 1800-22-7000
Launch Date
23 Dec 1994
E-mail
NA
Website
NA
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