Aditya Birla Sun Life Reg Savings Fund Direct Growth

Aditya Birla Sun Life Reg Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Dhaval Shah, Harshil Suvarnkar. This fund gives you the benefit of diversification.

1. Aditya Birla Sun Life Reg Savings Fund Direct Growth has ₹1397 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.
   

Aditya Birla Sun Life Reg Savings Fund Direct Growth has given a CAGR return of 10.79% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.25%, 9.66% and 10.51% respectively.

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

As it is a conservative 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 primary objective of the scheme is to generate regular income so as to make monthly payments or distribution to unit holders, with the secondary objective being growth of capital. There can be no assurance that the Scheme objectives will be realised.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Aditya Birla Sun Life Reg Savings Fund Direct Growth has no lock in period.