Aditya Birla Sun Life Mid Cap Fund Direct Growth

Aditya Birla Sun Life Mid Cap Fund Direct Growth

Equity

Direct

Mid-Cap

NAV as on 12-11-2024

₹ 831.5

-0.9%

1D

Inception Returns

18%

/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 Anil Shah. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Aditya Birla Sun Life Mid Cap Fund Direct Growth has ₹6015 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Aditya Birla Sun Life Mid Cap Fund Direct Growth has given a CAGR return of 17.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.33%, 17.04% and 24.34% respectively.

Holdings

Aditya Birla Sun Life Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Industrial, Health, Utilities, Tech, Consumer Defensive, Communication, Real Estate, Energy. Its top holdings are Torrent Power Ltd, Fortis Healthcare Ltd, Coromandel International Ltd, Glenmark Pharmaceuticals Ltd, Gujarat Fluorochemicals Ltd Ordinary Shares

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 benefit
Dividends 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

Annualised

zero opening, trading, fund transfer fee
1159 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
34% Performance
20% Risk Management
46% Cost
17 out of 19 among mid-cap
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Beats FD returns for both 3Y & 5Y
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Does not beat the benchmark consistently
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Higher probablity of downside risk
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Poor track record of protecting capital in bear phase

Aditya Birla Sun Life Mid Cap Fund Direct Growth Overview

Expense ratio1.02%
Benchmark
S&P BSE Midcap TR INR
AUM₹6015 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
22.74%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (12-Nov-24)

Period
Aditya Birla Sun Life Mid Cap Fund Direct Growth
Nifty Midcap 150
mid-cap
1M
-6.1%
-9%
-5.8%
3M
-0%
-4.9%
-1.6%
6M
16.1%
8.1%
14.2%
1Y
37.3%
30.9%
38.7%
3Y
17%
18.8%
19.4%
5Y
24.3%
26.7%
26.3%

Fund Distribution

as on (30-Sep-24)

  • Equity 99.3%

  • Debt & Cash 0.7%

Mid cap
65.6%

Small cap
25.4%

Large cap
8%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
19.1%
Consumer Cyclical
17.6%
Industrial
16.1%
Basic Materials
16.1%
Health
11.2%
Utilities
5.1%
Tech
4.6%
Consumer Defensive
4.1%
Communication
2.8%
Real Estate
2.5%
Energy
0.9%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
4.99%
0.86%
5.42%
Nifty Midcap 150
2.05%
1.01%
3.95%
  • This fund’s returns stands at 4.99% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 2.05% as on Sep'24
  • This fund outperformed Nifty Midcap 150 by 2.93% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 6.1K Cr
₹ 6.1K Cr
₹ 6.1K Cr
  • AUM of the fund stands at 6.1K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
APL Apollo Tubes Ltd's allocation increased from 0.11% to 0.68%
APL Apollo Tubes Ltd's allocation increased from 0.11% to 0.68%
Gujarat Fluorochemicals Ltd Ordinary Shares's allocation increased from 2.18% to 2.55%
Gujarat Fluorochemicals Ltd Ordinary Shares's allocation increased from 2.18% to 2.55%
Oil India Ltd's allocation increased from 0.53% to 0.9%
Oil India Ltd's allocation increased from 0.53% to 0.9%
Top Stocks sold last month
Torrent Power Ltd's allocation decreased from 3.3 % to 3.21 %
Torrent Power Ltd's allocation decreased from 3.3 % to 3.21 %
Coromandel International Ltd's allocation decreased from 3.34 % to 3.04 %
Coromandel International Ltd's allocation decreased from 3.34 % to 3.04 %
Glenmark Pharmaceuticals Ltd's allocation decreased from 2.96 % to 2.65 %
Glenmark Pharmaceuticals Ltd's allocation decreased from 2.96 % to 2.65 %
Small Cap allocation has gone up from 17.9% to 24.6%
Small Cap allocation has gone up from 17.9% to 24.6%
Mid Cap allocation has gone down from 71.7% to 65.3%
Mid Cap allocation has gone down from 71.7% to 65.3%
Large Cap allocation has gone up from 8.3% to 8.4%
Large Cap allocation has gone up from 8.3% to 8.4%
Cash allocation has gone down from 1.5% to 1.4%
Cash allocation has gone down from 1.5% to 1.4%

Top 3 Sectors in September were Financial Services, Consumer Cyclical & Basic Materials

Sep'24
Financial Services
19%
Consumer Cyclical
18%
Industrial
16%
Aug'24
Financial Services
19%
Consumer Cyclical
18%
Basic Materials
16%
  • Gainers

  • Losers

Fund
Sep'24
Aug'24
Jul'24
No of Holdings
91
90
89
Top 5 Company Concentration
15.1%
15.5%
15%
Company having highest exposure
Torrent Power Ltd (3.2%)
Coromandel International Ltd (3.3%)
Torrent Power Ltd (3.6%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
80%
79.5%
79.7%
Sector having highest exposure
Financial Services (19.1%)
Financial Services (18.8%)
Consumer Cyclical (18.6%)
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Anil Shah
Anil Shah
Fund Manager of Aditya Birla Sun Life Mid Cap Fund Direct Growth, since 27 April 2020
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.79L Cr
as on 30-Sep-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

Insights icon
In the last 1 year, Motilal Oswal Midcap Direct Growth has given 62.15% return, outperforming this fund by 24.82%.
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Over the last 1 year, this fund has decreased expense ratio by 6.4% moving from 1.09 to 1.02.
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In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 34.24% return, outperforming this fund by 9.89% per annum.
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Over the last 1 month, this fund has experienced a 2.2% drop in AUM moving from 6.14K Cr to 6.01K Cr.
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This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 1.02% which is lower than the category average expense ratio of 1.14%.
Insights icon
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 32.57% return, outperforming this fund by 15.53% per annum.

Aditya Birla Sun Life Mid Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.99% since inception which is less than its category average return of 18.6%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.28% in Equity, 0% in Debt and 0.72% in Cash related instruments
AUM size ₹6015 Cr

AUM size ₹6015 Cr

This fund has AUM of ₹6015 Cr which is less than its category average of ₹ 11112 Cr
Expense Ratio 1.02%

Expense Ratio 1.02%

This fund has an expense ratio of 1.02% which is less than its category average expense ratio of 1.36%

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 ₹831.5 as on 12-Nov-2024.
Existing (Absolute + CAGR) as on 12-Nov-2024.
Aditya Birla Sun Life Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-6.07%
-6.07%
6 Month Returns
16.1%
16.1%
1 Year Returns
37.33%
37.33%
3 Years Returns
60.31%
17.04%
5 Years Returns
197.26%
24.34%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
1.02% as on October 2024
₹6015 Cr as on October 2024
Torrent Power Ltd(3.33%), Fortis Healthcare Ltd(3.22%), Coromandel International Ltd(3.16%), Glenmark Pharmaceuticals Ltd(2.82%), Gujarat Fluorochemicals Ltd Ordinary Shares(2.75%) as on October 2024
Financial Services(18.23%), Consumer Cyclical(17.72%), Basic Materials(16.17%) as on October 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
2.91
-1.19
-1.52
As on October 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
0.94
0.9
0.93
As on October 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
2.05
0.92
0.94
As on October 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
15.76
14.81
20.83
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 1.7 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Anil Shah is the fund manager of Aditya Birla Sun Life Mid Cap Fund Direct Growth
The Exit load of Aditya Birla Sun Life Mid Cap Fund Direct Growth is 1%