| Launch date | 19 Apr 2021 |
| Allotment date | 07 May 2021 |
| End date | 03 May 2021 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.78%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 90 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹100 |
Fund management
Abhinav KhandelwalOct 2024 - PresentView details
Harshil SuvarnkarMay 2021 - PresentView details
Fund house & investment objective
| Rank (total assets) | #4 in India |
|---|---|
| Total AUM | ₹4,35,493.48Cr |
| Date of Incorporation | 23 Dec 1994 |
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Aditya Birla Sun Life Multi Cap Fund Direct Growth 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. Mahesh Patil is the Current Fund Manager of Aditya Birla Sun Life Multi Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,35,493 Cr and the Latest NAV as of 02 Apr 2026 is ₹19.07. The Aditya Birla Sun Life Multi Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. Exit load of 1%, if redeemed within 90 days. ;
Investment Objective
The scheme seeks to achieve long term growth of capital, at commensurate levels of risk through a diversified research based investment in Large, Mid & Small cap companies. ;
| Fund benchmark | Nifty 500 Multicap 50:25:25 Total Return Index |
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Fund house contact details
Peer Comparison
| Equity, Multi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Kotak Multicap Fund Direct Growth | 5 | 5.3% | 22.5% | 23,886.02 |
Axis Multicap Fund Direct Growth | 4 | 1.6% | 21.1% | 9,361.08 |
HSBC Multi Cap Fund Direct Growth | 5 | 3.1% | 20.8% | 5,301.35 |
Nippon India Multi Cap Fund Direct Growth | 5 | 2.1% | 19.5% | 50,820.01 |
ICICI Prudential Multicap Fund Direct Plan Growth | 4 | 0.3% | 18.1% | 16,315.09 |