Aditya Birla Sun Life Mid Cap Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 20-01-2025
₹ 817.21
1D
Inception Returns
17.2%
/yr
About Aditya Birla Sun Life Mid Cap Fund Direct Growth
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 . The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Mid Cap Fund Direct Growth has ₹5911 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 Mid Cap Fund Direct Growth has given a CAGR return of 17.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 17.91%, 14.74% and 21.42% respectively.
Holdings
Aditya Birla Sun Life Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Basic Materials, Health, Tech, Utilities, Real Estate, Consumer Defensive, Communication, Energy. Its top holdings are Fortis Healthcare Ltd, Torrent Power Ltd, Glenmark Pharmaceuticals Ltd, Gujarat Fluorochemicals Ltd Ordinary Shares, K.P.R. Mill Ltd
Taxation
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.
Investment objective of Aditya Birla Sun Life Mid Cap Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Absolute
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1167 people have invested ₹ 1.5Cr in Aditya Birla Sun Life Mid Cap Fund Direct Growth in the last three months
INDmoney Rank for Aditya Birla Sun Life Mid Cap Fund Direct Growth
Powered by IND quant engine
17
/19
21% Performance
17% Risk Management
93% Cost
17 out of 19 among mid-cap
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
Aditya Birla Sun Life Mid Cap Fund Direct Growth Overview
| Expense ratio | 1.07% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹5911 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 22.74% |
| 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-Jan-25)
Fund Distribution
as on (30-Nov-24)
Mid cap
67.1%
Small cap
19.9%
Large cap
7.6%
Sector Allocation
Consumer Cyclical
17.5%
Financial Services
16.2%
Industrial
15.5%
Basic Materials
14.9%
Health
13.5%
Tech
7.9%
Utilities
4.4%
Real Estate
3.6%
Consumer Defensive
3.2%
Communication
2.5%
Energy
0.8%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -1.73% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -0.54% as on Nov'24
- This fund underperformed Nifty Midcap 150 by 1.19% in Nov'24
- AUM of the fund stands at 5.9K Cr as of Dec'24
- AUM decreased by 103.4 Cr between Dec'24 and Nov'24
Top Stocks sold last month
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 0.57 %
Small Cap allocation has gone down from 23.5% to 19.9%
Mid Cap allocation has gone up from 66.1% to 67.1%
Large Cap allocation has gone down from 7.8% to 7.6%
Cash allocation has gone up from 2.3% to 3.1%
Top 3 Sectors in December were Consumer Cyclical, Financial Services & Basic Materials
Dec'24
Consumer Cyclical
17%
Financial Services
16%
Industrial
16%
Nov'24
Consumer Cyclical
19%
Financial Services
17%
Basic Materials
16%
See all
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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 1 year, Motilal Oswal Midcap Direct Growth has given 38.7% return, outperforming this fund by 20.79%.
Over the last 3 months, this fund has experienced a 8.2% drop in AUM moving from 6.43K Cr to 5.91K Cr.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 1.07% which is lower than the category average expense ratio of 1.12%.
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 29.93% return, outperforming this fund by 15.19% per annum.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 32.96% return, outperforming this fund by 11.54% per annum.
Aditya Birla Sun Life Mid Cap 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 17.24% since inception which is less than its category average return of 18.41%
Fund Allocations
This fund has an allocation of 96.93% in Equity, 0% in Debt and 3.07% in Cash related instruments
AUM size ₹5911 Cr
This fund has AUM of ₹5911 Cr which is less than its category average of ₹ 9828 Cr
Expense Ratio 1.07%
This fund has an expense ratio of 1.07% which is less than its category average expense ratio of 1.35%
Frequently Asked Questions for Aditya Birla Sun Life Mid Cap Fund Direct Growth
The current NAV of Aditya Birla Sun Life Mid Cap Fund Direct Growth is ₹817.21 as on 20-Jan-2025.
Existing (Absolute + CAGR) as on 20-Jan-2025.
Aditya Birla Sun Life Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.21% | -7.21% |
6 Month Returns | -4.8% | -4.8% |
1 Year Returns | 17.91% | 17.91% |
3 Years Returns | 51.06% | 14.74% |
5 Years Returns | 163.9% | 21.42% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.07% as on December 2024
₹5911 Cr as on December 2024
Fortis Healthcare Ltd(3.78%), Torrent Power Ltd(2.77%), Glenmark Pharmaceuticals Ltd(2.72%), Gujarat Fluorochemicals Ltd Ordinary Shares(2.71%), K.P.R. Mill Ltd(2.52%) as on December 2024
Consumer Cyclical(16.93%), Financial Services(15.71%), Industrial(15.07%) as on December 2024
The alpha ratio for the Aditya Birla Sun Life Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Mid Cap Fund Direct Growth | -1.41 | -2.64 | -2.1 |
As on December 2024
The alpha for Aditya Birla Sun Life Mid Cap Fund Direct Growth is calculated against S&P BSE Midcap 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 Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Mid Cap Fund Direct Growth | 1.03 | 0.9 | 0.93 |
As on December 2024
The Beta for Aditya Birla Sun Life Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid Cap 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 Mid Cap Fund Direct Growth | 1.01 | 0.8 | 0.9 |
As on December 2024
The sharpe ratio for Aditya Birla Sun Life Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid Cap 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 Mid Cap Fund Direct Growth | 14.89 | 14.87 | 20.91 |
As on December 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 1.48 as on December 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Aditya Birla Sun Life Mid Cap Fund Direct Growth is 1%