Aditya Birla Sun Life Equity Advantage Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 19-11-2024
₹ 945.9
▲0.5%
1D
Inception Returns
15.9%
/yr
About Aditya Birla Sun Life Equity Advantage Fund Direct Growth
Aditya Birla Sun Life Equity Advantage Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Equity Advantage Fund Direct Growth has ₹5872 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Aditya Birla Sun Life Equity Advantage Fund Direct Growth has given a CAGR return of 15.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.59%, 7.77% and 16.38% respectively.
Holdings
Aditya Birla Sun Life Equity Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Basic Materials, Energy, Health, Tech, Utilities, Communication, Real Estate, Consumer Defensive. Its top holdings are ICICI Bank Ltd, Infosys Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Fortis Healthcare Ltd
Taxation
As it is a large & mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Aditya Birla Sun Life Equity Advantage Fund Direct Growth
The objective of the scheme is to achieve long-term growth of capital, at relatively moderate levels of risk through a diversified research based investment in Large & Midcap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Aditya Birla Sun Life Equity Advantage Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
820 people have invested ₹ 81.1L in Aditya Birla Sun Life Equity Advantage Fund Direct Growth in the last three months
INDmoney Rank for Aditya Birla Sun Life Equity Advantage Fund Direct Growth
Powered by IND quant engine
21
/21
15% Performance
11% Risk Management
41% Cost
21 out of 21 among large & mid-cap
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Highly volatile within category
Aditya Birla Sun Life Equity Advantage Fund Direct Growth Overview
| Expense ratio | 1.02% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹5872 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 52.64% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
45.4%
Mid cap
36.8%
Small cap
16%
Sector Allocation
Financial Services
23.2%
Consumer Cyclical
22.6%
Industrial
18.5%
Basic Materials
7.4%
Energy
7.1%
Health
6.1%
Tech
5.7%
Utilities
3.1%
Communication
3.1%
Real Estate
2.1%
Consumer Defensive
1.1%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -7.21% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -6.52% as on Oct'24
- This fund underperformed NIFTY 500 by 0.69% in Oct'24
- AUM of the fund stands at 5.9K Cr as of Oct'24
- AUM decreased by 508.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 3.88% to 4.28%
HDFC Bank Ltd's allocation increased from 3.14% to 3.41%
Max Financial Services Ltd's allocation increased from 1.63% to 1.91%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 2.77 % to 2.72 %
Voltas Ltd's allocation decreased from 2.14 % to 2.08 %
Hindustan Petroleum Corp Ltd's allocation decreased from 1.97 % to 1.85 %
Large Cap allocation has gone up from 45% to 45.4%
Small Cap allocation has gone down from 16.2% to 16%
Mid Cap allocation has gone up from 36.7% to 36.8%
Cash allocation has gone down from 1.4% to 1.2%
Top 3 Sectors in October were Consumer Cyclical, Financial Services & Industrial
Oct'24
Financial Services
23%
Consumer Cyclical
23%
Industrial
18%
Sep'24
Consumer Cyclical
23%
Financial Services
23%
Industrial
18%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.28% | 0% | |
 Infosys Ltd | 3.93% | 0% | |
 HDFC Bank Ltd | 3.41% | 0% | |
 Reliance Industries Ltd | 2.72% | 0% | |
 Fortis Healthcare Ltd | 2.38% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Coforge Ltd | 18.9% |
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Fund House
Aditya Birla Sun Life AMC Ltd
Total Schemes
Total AUM
₹3.89L Cr
as on 31-Oct-2024
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com
Mutual Fund Insights
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 1.02% which is lower than the category average expense ratio of 1.2%.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.78% return, outperforming this fund by 10.4% per annum.
Over the last 6 months, this fund has decreased expense ratio by 10.5% moving from 1.14 to 1.02.
Over the last 1 month, this fund has experienced a 8.0% drop in AUM moving from 6.38K Cr to 5.87K Cr.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 47.74% return, outperforming this fund by 25.15%.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 25.16% return, outperforming this fund by 17.39% per annum.
Aditya Birla Sun Life Equity Advantage Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.9% since inception which is less than its category average return of 15.9%
Fund Allocations
This fund has an allocation of 98.83% in Equity, 0% in Debt and 1.17% in Cash related instruments
AUM size ₹5872 Cr
This fund has AUM of ₹5872 Cr which is less than its category average of ₹ 7239 Cr
Expense Ratio 1.02%
This fund has an expense ratio of 1.02% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for Aditya Birla Sun Life Equity Advantage Fund Direct Growth
The current NAV of Aditya Birla Sun Life Equity Advantage Fund Direct Growth is ₹945.9 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.25% | -7.25% |
6 Month Returns | 4.35% | 4.35% |
1 Year Returns | 22.59% | 22.59% |
3 Years Returns | 25.18% | 7.77% |
5 Years Returns | 113.53% | 16.38% |
With INDmoney, the process of investing is very simple and involves zero commission.
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1.02% as on October 2024
₹5872 Cr as on October 2024
ICICI Bank Ltd(4.28%), Infosys Ltd(3.93%), HDFC Bank Ltd(3.41%), Reliance Industries Ltd(2.72%), Fortis Healthcare Ltd(2.38%) as on October 2024
Financial Services(22.95%), Consumer Cyclical(22.34%), Industrial(18.27%) as on October 2024
The alpha ratio for the Aditya Birla Sun Life Equity Advantage Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | -3.74 | -7.53 | -4.79 |
As on October 2024
The alpha for Aditya Birla Sun Life Equity Advantage Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Aditya Birla Sun Life Equity Advantage Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | 0.99 | 1 | 1.02 |
As on October 2024
The Beta for Aditya Birla Sun Life Equity Advantage Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Aditya Birla Sun Life Equity Advantage Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | 1.65 | 0.3 | 0.63 |
As on October 2024
The sharpe ratio for Aditya Birla Sun Life Equity Advantage Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Aditya Birla Sun Life Equity Advantage Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | 14.1 | 14.8 | 20.73 |
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.45 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Aditya Birla Sun Life Equity Advantage Fund Direct Growth is 1%