Equity
Direct
Mid-Cap
NAV as on 05-09-2024
₹ 891.57
▲0.9%
1D
Inception Returns
18.8%
/yr
Aditya Birla Sun Life Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Anil Shah. The fund could potentially beat inflation in the long-run.
Aditya Birla Sun Life Mid Cap Fund Direct Growth has given a CAGR return of 18.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.50%, 22.99% and 27.36% respectively.
Aditya Birla Sun Life Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Basic Materials, Industrial, Health, Utilities, Tech, Consumer Defensive, Communication, Real Estate, Energy. Its top holdings are Torrent Power Ltd, Coromandel International Ltd, Cholamandalam Financial Holdings Ltd, Glenmark Pharmaceuticals Ltd, Fortis Healthcare Ltd
As it is a 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.
The investment objective of the scheme is long term growth of capital at controlled level of risk by investing primarily in 'Mid-Cap' Stocks.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Aditya Birla Sun Life Mid Cap Fund Direct Growth has no lock in period.
Expense ratio | 1.02% |
Benchmark | S&P BSE Midcap TR INR |
AUM | ₹6098 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 22.74% |
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 (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Consumer Cyclical, Financial Services & Industrial
Aditya Birla Sun Life Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.13% | 7.13% |
6 Month Returns | 27.01% | 27.01% |
1 Year Returns | 44.5% | 44.5% |
3 Years Returns | 86.06% | 22.99% |
5 Years Returns | 235.06% | 27.36% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Mid Cap Fund Direct Growth | -2.06 | -1.56 | -2.3 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Mid Cap Fund Direct Growth | 0.97 | 0.89 | 0.93 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Mid Cap Fund Direct Growth | 2.24 | 1.17 | 1.03 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Mid Cap Fund Direct Growth | 14.28 | 14.05 | 20.5 |