Aditya Birla Sun Life Manufacturing Equity Fund Direct Growth

Aditya Birla Sun Life Manufacturing Equity Fund Direct Growth is an equity fund. This fund was started on 31 January, 2015. The fund is managed by Harish Krishnan. The fund could potentially beat inflation in the long-run.

1. Aditya Birla Sun Life Manufacturing Equity Fund Direct Growth has ₹1001 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
2. The fund has an expense ratio 1.4.
   

Aditya Birla Sun Life Manufacturing Equity Fund Direct Growth has given a CAGR return of 12.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.41%, 16.44% and 24.99% respectively.

Aditya Birla Sun Life Manufacturing Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Health, Energy, Tech. Its top holdings are Reliance Industries Ltd, Hindalco Industries Ltd, Maruti Suzuki India Ltd, Mahindra & Mahindra Ltd, United Breweries Ltd

As it is a equity - other mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The primary investment objective of the Schemes is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in Manufacturing activity. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Aditya Birla Sun Life Manufacturing Equity Fund Direct Growth has no lock in period.