Aditya Birla Sun Life Money Manager Fund Plan Retail Growth

Aditya Birla Sun Life Money Manager Fund Plan Retail Growth is a hybrid fund. This fund was started on 5 June, 2003. The fund is managed by Anuj Jain, Kaustubh Gupta, Mohit Sharma. This fund gives you the benefit of diversification.

1. Aditya Birla Sun Life Money Manager Fund Plan Retail Growth has ₹26757 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Aditya Birla Sun Life Money Manager Fund Plan Retail Growth has given a CAGR return of 7.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.60%, 7.61% and 6.17% respectively.

Aditya Birla Sun Life Money Manager Fund Plan Retail Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government.

As it is a money market mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The primary objective of the scheme is to generate regular income through investment in a portfolio comprising money market instruments.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 0.00. Aditya Birla Sun Life Money Manager Fund Plan Retail Growth has no lock in period.