Home>NFOs>Aditya Birla Sun Life Mutual Fund>Aditya Birla Sun Life Business Cycle Fund Direct - Growth - NFO
| Launch date | 15 Nov 2021 |
| Allotment date | 03 Dec 2021 |
| End date | 29 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
Anil ShahApr 2022 - PresentView details
Anil Shah
Apr 2022 - Present
View details
Education
Mr.Shah is a B.com, CA and a cost accountant
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with RBS Equities (India) Ltd. (formerly known as ABN AMRO Asia Equities (India) Ltd.) for around 15 years.
Also manages these schemes
Vinod BhatNov 2021 - PresentView details
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
Nitesh JainNov 2021 - PresentView details
Nitesh Jain
Nov 2021 - Present
View details
Education
Mr. Jain has done CA, CFA Charter holder
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he worked as Executive Director – Materials Sector in the research division at Axis Capital for around 11 Years.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #4 in India |
|---|---|
| Total AUM | ₹2,97,412.07Cr |
| Date of Incorporation | 23 Dec 1994 |
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Aditya Birla Sun Life Business Cycle Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund.
| Fund benchmark | NA |
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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
NAWebsite
NA