Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth

Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 2 February, 2023. The fund is managed by Dhaval Gala, Bhupesh Bameta. This fund gives you the benefit of diversification.

1. Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth has ₹3587 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
2. The fund has an expense ratio 0.6.
   

Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth has given a CAGR return of 18.22% since inception. Over the last 1 year the fund has given a CAGR return of 15.65%.

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

As it is a multi asset 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the Scheme is to provide long term capital appreciation by investing across asset classes like Equity, Debt, Commodities. & units of REITs & InvITs. The Scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the Scheme will be achieved.

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