Aditya Birla Sun Life Equity Advantage Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 20-12-2024
₹ 974.5
1D
Inception Returns
16.2%
/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 Nov 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Returns
Aditya Birla Sun Life Equity Advantage Fund Direct Growth has given a CAGR return of 16.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.85%, 11.01% and 17.20% 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, Tech, Health, Energy, Communication, Utilities, 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
▲
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815 people have invested ₹ 82.7L 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
14% Performance
13% Risk Management
28% Cost
21 out of 21 among large & mid-cap
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 | 1.14% |
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 | Selling mutual fund 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
44.6%
Mid cap
36%
Small cap
15.9%
Sector Allocation
Financial Services
23.5%
Consumer Cyclical
23%
Industrial
18.2%
Basic Materials
8.6%
Tech
6.3%
Health
5.8%
Energy
4.8%
Communication
3.3%
Utilities
2.6%
Real Estate
2.1%
Consumer Defensive
1.8%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.23% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.60% as on Nov'24
- This fund outperformed NIFTY 500 by 0.83% in Nov'24
- AUM of the fund stands at 5.9K Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Top Stocks bought last month
APL Apollo Tubes Ltd's allocation increased from 0.4% to 1.28%
Jubilant Foodworks Ltd's allocation increased from 1.24% to 1.53%
Infosys Ltd's allocation increased from 3.93% to 4.16%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 2.72 % to 2.64 %
Axis Bank Ltd's allocation decreased from 1.87 % to 1.84 %
Max Financial Services Ltd's allocation decreased from 1.91 % to 1.69 %
Mid Cap allocation has gone down from 36.8% to 36%
Large Cap allocation has gone down from 45.4% to 44.6%
Small Cap allocation has gone down from 16% to 15.9%
Cash allocation has gone up from 1.2% to 1.5%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Industrial
Nov'24
Financial Services
24%
Consumer Cyclical
23%
Industrial
18%
Oct'24
Financial Services
23%
Consumer Cyclical
23%
Industrial
18%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.31% | 0% | |
 Infosys Ltd | 4.16% | 0% | |
 HDFC Bank Ltd | 3.53% | 0% | |
 Reliance Industries Ltd | 2.64% | 0% | |
 Fortis Healthcare Ltd | 2.51% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Coforge Ltd | 16.7% |
 Jubilant Foodworks Ltd | 10.2% |
 Infosys Ltd | 8.5% |
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Fund House
Aditya Birla Sun Life AMC Ltd
Total Schemes
Total AUM
₹3.78L Cr
as on 29-Nov-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
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 30.78% return, outperforming this fund by 19.77% per annum.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 29.27% return, outperforming this fund by 12.07% per annum.
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 1.14% which is lower than the category average expense ratio of 1.2%.
Over the last 1 month, this fund has increased expense ratio by 11.8% moving from 1.02 to 1.14.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 50.72% return, outperforming this fund by 31.87%.
Over the last 3 months, this fund has experienced a 6.8% drop in AUM moving from 6.29K Cr to 5.87K Cr.
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 16.24% since inception which is less than its category average return of 16.95%
Fund Allocations
This fund has an allocation of 98.53% in Equity, 0% in Debt and 1.47% in Cash related instruments
AUM size ₹5872 Cr
This fund has AUM of ₹5872 Cr which is less than its category average of ₹ 7358 Cr
Expense Ratio 1.14%
This fund has an expense ratio of 1.14% 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 ₹974.5 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.82% | 4.82% |
6 Month Returns | 2.75% | 2.75% |
1 Year Returns | 18.85% | 18.85% |
3 Years Returns | 36.79% | 11.01% |
5 Years Returns | 121.12% | 17.2% |
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1.14% as on November 2024
₹5872 Cr as on November 2024
ICICI Bank Ltd(4.31%), Infosys Ltd(4.16%), HDFC Bank Ltd(3.53%), Reliance Industries Ltd(2.64%), Fortis Healthcare Ltd(2.51%) as on November 2024
Financial Services(23.18%), Consumer Cyclical(22.64%), Industrial(17.92%) as on November 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 | -3.25 | -7.42 | -4.86 |
As on November 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 | 0.98 | 1 | 1.02 |
As on November 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 | 1.21 | 0.36 | 0.62 |
As on November 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 | 13.01 | 14.67 | 20.73 |
As on November 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 0.54 as on November 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%