Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Growth

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Harshil Suvarnkar, Chanchal Khandelwal, Mahesh Patil. This fund gives you the benefit of diversification.

1. Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Growth has ₹7842 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
2. The fund has an expense ratio 1.1.
   

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Growth has given a CAGR return of 14.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.32%, 14.35% and 16.02% respectively.

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Industrial, Consumer Cyclical, Tech, Cash Equivalent, Consumer Defensive, Basic Materials, Health, Energy, Communication, Securitize, Utilities, Real Estate.

As it is a aggressive allocation 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The objective of the scheme is to generate long term growth of capital and current income, through a portfolio investing in equity, debt and money market securities. The secondary objective is income generation and distribution of IDCW.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Growth has no lock in period.