ABAditya Birla SL MF

India Advantage Fund

Multi Cap FundEquity - Multi Cap FundBenchmark: BSE SENSEX
NAV · 24 Sep 2012₹179.92-5.14%
AUM
Expense Ratio
CAGR
Exit Load
Min SIP
Launched1996

Investment Objective

A Fund designed to seek long-term capital appreciation through investment primarily in equity related securities of companies in India that are run by efficient management, have a sustainable and robust business model and are available at reasonable valuations. India Advantage Fund Ltd. is an open-ended Investment Company incorporated in Mauritius which has been investing in India since 1996.

Fund Managers
AA
Ajay Argal
Fund Manager
Key Information
₹5,000
Nil
Inception23 May 1996
AMCAditya Birla SL MF
Top Holdings

Portfolio holdings not disclosed for this fund yet.

Trailing Returns
PeriodReturns
1 Day-5.14%
Risk Metrics

Risk metrics are not available for this fund.

Fees
Nil
₹5,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme