Equity
Direct
Large-Cap
NAV as on 03-09-2024
₹ 584.36
▲0.2%
1D
Inception Returns
16.3%
/yr
Aditya Birla Sun Life Frontline Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Mahesh Patil. The fund could potentially beat inflation in the long-run.
Aditya Birla Sun Life Frontline Equity Fund Direct Growth has given a CAGR return of 16.31% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.41%, 17.10% and 21.36% respectively.
Aditya Birla Sun Life Frontline Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Consumer Defensive, Government, Energy, Health, Basic Materials, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd
As it is a large-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.
The objective of the scheme is long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and/ or sectors as its chosen benchmark index, Nifty 50 TRI. The secondary objective is income generation and distribution of IDCW.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Frontline Equity Fund Direct Growth has no lock in period.
Expense ratio | 0.97% |
Benchmark | S&P BSE 100 India TR INR |
AUM | ₹30309 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 31.85% |
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 |
as on (03-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Government
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.76% | 2.76% |
6 Month Returns | 17.95% | 17.95% |
1 Year Returns | 37.41% | 37.41% |
3 Years Returns | 60.59% | 17.1% |
5 Years Returns | 163.23% | 21.36% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | 0.98 | 1.81 | 0.99 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | 0.96 | 0.92 | 0.98 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | 2.54 | 0.94 | 0.86 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | 10.39 | 11.82 | 18.21 |