About Aditya Birla Sun Life Mid Cap Direct Fund-Growth
Aditya Birla Sun Life Mid Cap Direct Fund-Growth is a Equity
mutual fund scheme from Aditya Birla Sun Life Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Jayesh Gandhi
. It has an AUM of ₹2,356.48 Crores and the latest NAV decalared is ₹284.890 as on 15 Nov 2019 at 10:55 pm.
Aditya Birla Sun Life Mid Cap Direct Fund-Growth scheme return performance in last 1 year is -2.97%, in last 3 years is 16.59% and 136.46% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The scheme aims at long-term growth of capital at controlled level of risk by investing primarily in mid-cap stocks, to generate returns higher than a fund focused on large and liquid stocks. A small portion of the portfolio may be kept in call & money market instruments in order to meet the liquidity needs.