Aditya Birla Sun Life CRISIL IBX AAA Financial Svcs Idx Sep 2027 Fd Dir Fund Direct Growth

Aditya Birla Sun Life CRISIL IBX AAA Financial Svcs Idx Sep 2027 Fd Dir Fund Direct Growth is a debt fund. This fund was started on 14 November, 2024. The fund is managed by Harshil Suvarnkar. This fund is suitable to keep your money safe.

1. Aditya Birla Sun Life CRISIL IBX AAA Financial Svcs Idx Sep 2027 Fd Dir Fund Direct Growth has ₹86 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.1.
   

Aditya Birla Sun Life CRISIL IBX AAA Financial Svcs Idx Sep 2027 Fd Dir Fund Direct Growth has given a CAGR return of 4.03% since inception.

Aditya Birla Sun Life CRISIL IBX AAA Financial Svcs Idx Sep 2027 Fd Dir Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Hdb Financial Services Limited, Bajaj Finance Limited, Smfg India Home Finance Company Ltd., 7.68% Tata Capital Limited, National Bank For Agriculture And Rural Development

As it is a index funds - fixed income mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index – Sep 2027 before expenses, subject to tracking errors.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Aditya Birla Sun Life CRISIL IBX AAA Financial Svcs Idx Sep 2027 Fd Dir Fund Direct Growth has no lock in period.