Aditya Birla Sun Life Mutual Fund

How Can You Invest In Aditya Birla Mutual Fund?

Investing in the Aditya Birla Mutual Fund is simple and can be done easily on INDmoney. To get started, follow these steps:

1. Download the INDmoney app. Next, create your free account by completing your KYC.

2. Search for ‘Aditya Birla Mutual Funds’ on the search bar. Explore all the mutual funds by the Aditya Birla AMC available to you.

3. Analyze key metrics like annualised returns, expense ratio, AUM, etc to decide which fund you wish to invest in.

4. Choose whether you wish to invest in a lump sum or SIP. Enter the amount and interval in case of SIP.

5. Set up payments for your investment. You can do this via a bank mandate or set UPI auto-pay.

Tax on Aditya Birla Mutual Fund

When you redeem your mutual fund investments, the returns are subject to capital gains tax. The tax treatment varies for equity and debt mutual funds. Here’s a detailed breakdown:

Tax on Equity Mutual Funds

• Short-term Capital Gain (STCG):
  If you sell your investments within 1 year, an STCG tax of 20% is levied on the gains.
   
• Long-term Capital Gain (LTCG):
  If you sell your investments after 1 year, the LTCG tax is applicable. Gains up to ₹1,25,000 are exempt, and a 12.5% tax is levied on the amount exceeding this limit.

Tax on Debt Mutual Funds

• Short-term Capital Gain (STCG):
  For debt mutual funds, if you sell your investments within 24 months, STCG tax is charged.
  
   
• Long-term Capital Gain (LTCG):
  If you sell your debt fund investments after 24 months, LTCG tax is applicable.

Important Note

The tax treatment for debt mutual funds depends on the date of investment:

• For investments before 1st April 2023: STCG is taxed as per your income slab rate. LTCG is taxed at 12.5%.
   
• For investments on or after 1st April 2023: Both STCG and LTCG are taxed as per your income slab rate.

Understanding these rules can help you make informed decisions and minimize your tax liability when redeeming your mutual fund investments.