The supernova SN 2006aj associated with GRB 060218 is the second-closest GRB-SN observed to date (z=0.033). We present Very Large Telescope, Liverpool Telescope, and Katzman Automatic Imaging Telescope multi-color photometry of SN 2006aj. This supernova is found to be subluminous and rapidly evolving. Its early light curve includes an additional wavelength-dependent component, which can be inte...