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Is it good to invest in Aditya Birla Mutual Fund?
Steady Income: Birla Sun Life Mutual Fund offers a good channel for a steady Income. Building up Wealth: It is a good option for a gradual wealth creation over a period of time.
Which Aditya Birla Mutual Fund is best?
Top 10 Aditya Birla Sunlife Mutual Funds
| Fund Name | Category | 1Y Returns |
|---|---|---|
| Aditya Birla Sun Life Corporate Bond Fund | Debt | 4.6\% |
| Aditya Birla Sun Life Short Term Direct Fund | Debt | 4.9\% |
| Aditya Birla Sun Life Low Duration Fund | Debt | 4.4\% |
| Aditya Birla Sun Life Money Manager Fund | Debt | 3.9\% |
Is Aditya Birla Sun Life Mutual Fund tax saving?
ELSS is an equity oriented mutual fund that comes with a lock-in of 3 years and provides tax saving benefits under section 80C of the Indian Income-tax Act, 1961.
Is ABSL equity fund good?
It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.4\% since its launch. Ranked 1 in Small Cap category. Return for 2020 was 19.8\% , 2019 was -11.5\% and 2018 was -22.6\% .
How do I cancel SIP in ABSL online?
Stopping SIP means that you do not wish to continue investing in a mutual fund scheme any longer. To do so, you can make a written request to the AMC stating that you wish to stop your SIP investments. There are stop SIP forms too which should be filled and submitted to the AMC.
What is ABSL tax relief?
Aditya Birla Sun Life Tax Relief 96 Fund is an open-ended equity linked saving scheme (ELSS) with a compulsory lock-in period of three years. It comes with tax benefits under Section 80C of the Income Tax Act. The fund currently manages assets worth Rs 8,816 crore, as on July 31 2019.
What is ELSS full form?
An Equity Linked Saving Scheme (ELSS) is an open-ended equity mutual fund that invests primarily in equities and equity-related products. They are a special category among mutual funds that qualify for tax deductions under Section 80C of the Income Tax Act, 1961.
What is ABSL arbitrage fund?
The scheme seeks to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials/mis-pricing prevailing for stock/index in various market segments (Cash & Future)
How do I cancel my ABSL mutual fund?
1. The investor has the right to discontinue SIP at any time he/she so desires by sending a written request 20 calendar days in advance of the immediate next due date to any of the offices of Aditya Birla Sun Life Mutual Fund or its Authorized Collection Centres. On receipt of such request SIP will be terminated.
How can I check my Birla Sun Life fund value?
Access a host of Policy and fund related information on your phone by sending a simple text message from your registered mobile number to 567679*.
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