Aditya Birla Sun Life Frontline Equity Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 19-11-2024
₹ 545.83
▲0.3%
1D
Inception Returns
15.3%
/yr
About Aditya Birla Sun Life Frontline Equity Fund Direct Growth
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.
Key Parameters
- Aditya Birla Sun Life Frontline Equity Fund Direct Growth has ₹29395 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
Aditya Birla Sun Life Frontline Equity Fund Direct Growth has given a CAGR return of 15.33% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.14%, 13.32% and 17.41% respectively.
Holdings
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, Health, Energy, Basic Materials, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd
Taxation
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.
Investment objective of Aditya Birla Sun Life Frontline Equity Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Annualised
▲
▼
12764 people have invested ₹ 5.9Cr in Aditya Birla Sun Life Frontline Equity Fund Direct Growth in the last three months
INDmoney Rank for Aditya Birla Sun Life Frontline Equity Fund Direct Growth
Powered by IND quant engine
9
/19
60% Performance
47% Risk Management
30% Cost
9 out of 19 among large-cap
Beats FD returns for both 3Y & 5Y
Poor track record of Recovering losses quickly
Aditya Birla Sun Life Frontline Equity Fund Direct Growth Overview
| Expense ratio | 0.96% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹29395 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 |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
83.3%
Small cap
6.9%
Mid cap
6%
Sector Allocation
Financial Services
32.3%
Consumer Cyclical
13.1%
Tech
9.6%
Industrial
9.4%
Consumer Defensive
7.5%
Health
6.6%
Energy
6.2%
Basic Materials
5.6%
Communication
4.8%
Utilities
3.1%
Real Estate
1.8%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.09% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
- This fund outperformed Nifty 100 by 0.70% in Oct'24
- AUM of the fund stands at 29.4K Cr as of Oct'24
- AUM decreased by 2K Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 7.05% to 7.64%
HDFC Bank Ltd's allocation increased from 7.75% to 8.11%
State Bank of India's allocation increased from 2.3% to 2.56%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 6.09 % to 6 %
Reliance Industries Ltd's allocation decreased from 5.07 % to 4.89 %
NTPC Ltd's allocation decreased from 3.03 % to 2.98 %
Mid Cap allocation has gone down from 6.6% to 6%
Large Cap allocation has gone down from 83.7% to 83.3%
Small Cap allocation has gone up from 6.8% to 6.9%
Cash allocation has gone up from 1.3% to 2.7%
Debt allocation has gone up from 0.2% to 0.2%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech
Oct'24
Financial Services
32%
Consumer Cyclical
13%
Tech
10%
Sep'24
Financial Services
32%
Consumer Cyclical
14%
Tech
9%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.11% | -2.1% | |
 ICICI Bank Ltd | 7.64% | 0% | |
 Infosys Ltd | 6% | -1.5% | |
 Reliance Industries Ltd | 4.89% | 0% | |
 Larsen & Toubro Ltd | 4.8% | 0% |
See all
See all
Top Losers | 1M Return |
|---|---|
 Reliance Industries Ltd | -9.3% |
 Mahindra & Mahindra Ltd | -1.6% |
 Infosys Ltd | -1.5% |
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Mahesh Patil
Fund Manager of Aditya Birla Sun Life Frontline Equity Fund Direct Growth, since 17 November 2005
Top funds managed
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
In the last 1 year, DSP Top 100 Equity Fund Direct Plan Growth has given 32.14% return, outperforming this fund by 6%.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.27% return, outperforming this fund by 2.85% per annum.
Over the last 1 month, this fund has experienced a 6.4% drop in AUM moving from 31.38K Cr to 29.39K Cr.
Over the last 6 months, this fund has decreased expense ratio by 5.0% moving from 1.01 to 0.96.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 19.46% return, outperforming this fund by 6.14% per annum.
Aditya Birla Sun Life Frontline Equity 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 15.33% since inception which is more than its category average return of 13.22%
Fund Allocations
This fund has an allocation of 97.1% in Equity, 0.21% in Debt and 2.69% in Cash related instruments
AUM size ₹29395 Cr
This fund has AUM of ₹29395 Cr which is more than its category average of ₹ 6986 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions for Aditya Birla Sun Life Frontline Equity Fund Direct Growth
The current NAV of Aditya Birla Sun Life Frontline Equity Fund Direct Growth is ₹545.83 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.63% | -5.63% |
6 Month Returns | 6.96% | 6.96% |
1 Year Returns | 26.14% | 26.14% |
3 Years Returns | 45.52% | 13.32% |
5 Years Returns | 123.12% | 17.41% |
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0.96% as on October 2024
₹29395 Cr as on October 2024
HDFC Bank Ltd(8.11%), ICICI Bank Ltd(7.64%), Infosys Ltd(6%), Reliance Industries Ltd(4.89%), Larsen & Toubro Ltd(4.8%) as on October 2024
Financial Services(31.36%), Consumer Cyclical(12.72%), Tech(9.31%) as on October 2024
The alpha ratio for the Aditya Birla Sun Life Frontline Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | 2.5 | 1.75 | 1.3 |
As on October 2024
The alpha for Aditya Birla Sun Life Frontline Equity Fund Direct Growth is calculated against S&P BSE 100 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 Frontline Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | 0.93 | 0.92 | 0.98 |
As on October 2024
The Beta for Aditya Birla Sun Life Frontline Equity Fund Direct Growth is calculated with S&P BSE 100 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 Frontline Equity 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 Frontline Equity Fund Direct Growth | 1.9 | 0.68 | 0.73 |
As on October 2024
The sharpe ratio for Aditya Birla Sun Life Frontline Equity Fund Direct Growth is calculated with S&P BSE 100 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 Frontline Equity 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 Frontline Equity Fund Direct Growth | 12.53 | 12.59 | 18.51 |
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 1.15 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.62 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Mahesh Patil is the fund manager of Aditya Birla Sun Life Frontline Equity Fund Direct Growth
The Exit load of Aditya Birla Sun Life Frontline Equity Fund Direct Growth is 1%