Aditya Birla Sun Life MNC Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 04-09-2024
₹ 1575.22
1D
Inception Returns
16.4%
/yr
About the Fund
Aditya Birla Sun Life MNC Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Chanchal Khandelwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life MNC Fund Direct Growth has ₹4124 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 1.3.
Returns
Aditya Birla Sun Life MNC Fund Direct Growth has given a CAGR return of 16.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 34.53%, 13.84% and 16.37% respectively.
Holdings
Aditya Birla Sun Life MNC Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Consumer Defensive, Health, Basic Materials, Financial Services, Tech, Communication. Its top holdings are Maruti Suzuki India Ltd, Bayer CropScience Ltd, Cummins India Ltd, Honeywell Automation India Ltd, Schaeffler India Ltd
Taxation
As it is a equity - other 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 MNC Fund Direct Growth
The objective of the scheme is to achieve long-term growth of capital at relatively moderate levels of risk by Investment Objective making investments in securities of multinational companies through a research based investment approach.
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 MNC Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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366 people have invested ₹ 63.4L in Aditya Birla Sun Life MNC Fund Direct Growth in the last three months
INDmoney Rank
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IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 1.26% |
Benchmark | IISL Nifty MNC TR INR |
| AUM | ₹4124 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 21.56% |
| 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 (04-Sep-24)
Fund Distribution
as on (31-Jul-24)
Mid cap
51.1%
Small cap
30.5%
Large cap
16.7%
Sector Allocation
Consumer Cyclical
24.5%
Industrial
22.4%
Consumer Defensive
16.2%
Health
15%
Basic Materials
9.1%
Financial Services
8.1%
Tech
4.2%
Communication
0.5%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 3.51% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund underperformed Nifty 500 by 0.02% in Jul'24
- AUM of the fund stands at 4.1K Cr as of Jul'24
- AUM increased by 90.2 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Maruti Suzuki India Ltd's allocation increased from 4.69% to 5.48%
Pfizer Ltd's allocation increased from 1.9% to 2.32%
Gland Pharma Ltd's allocation increased from 2.09% to 2.4%
Top Stocks sold last month
Cummins India Ltd's allocation decreased from 4.83 % to 4.13 %
Honeywell Automation India Ltd's allocation decreased from 4.06 % to 3.81 %
Schaeffler India Ltd's allocation decreased from 5.26 % to 3.7 %
Mid Cap allocation has gone down from 53.4% to 52.9%
Cash allocation has gone up from 0.6% to 0.8%
Top 3 Sectors in July were Consumer Cyclical, Industrial & Consumer Defensive
Jul'24
Consumer Cyclical
25%
Industrial
22%
Consumer Defensive
16%
Jun'24
Consumer Cyclical
24%
Industrial
24%
Consumer Defensive
16%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Gillette India Ltd | 18.1% |
 Fortis Healthcare Ltd | 12.3% |
 ICRA Ltd | 10.1% |
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Chanchal Khandelwal
Fund Manager of Aditya Birla Sun Life MNC Fund Direct Growth, since 28 December 2021
Top funds managed
Fund House
Aditya Birla Sun Life AMC Ltd
Total Schemes
Total AUM
₹2.93L Cr
as on 31-Jul-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 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 42.12% return, outperforming this fund by 28.28% per annum.
Over the last 1 month, this fund has experienced a 2.2% growth in AUM moving from 4.03K Cr to 4.12K Cr.
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 34.83% return, outperforming this fund by 18.45% per annum.
In the last 1 year, HDFC Defence Fund Direct Growth has given 87.08% return, outperforming this fund by 52.55%.
Over the last 15 months, this fund has decreased expense ratio by 7.4% moving from 1.36 to 1.26.
Aditya Birla Sun Life MNC 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 16.43% since inception which is less than its category average return of 24.4%
Fund Allocations
This fund has an allocation of 99.24% in Equity, 0% in Debt and 0.76% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 2267 Cr
Expense Ratio 1.26%
This fund has an expense ratio of 1.26% which is more than its category average expense ratio of 1.18%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life MNC Fund Direct Growth is ₹1575.22 as on 04-Sep-2024.
Existing (Absolute + CAGR) as on 04-Sep-2024.
Aditya Birla Sun Life MNC Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.98% | 0.98% |
6 Month Returns | 23.19% | 23.19% |
1 Year Returns | 34.53% | 34.53% |
3 Years Returns | 47.52% | 13.84% |
5 Years Returns | 113.42% | 16.37% |
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1.26% as on August 2024
₹4124 Cr as on August 2024
Maruti Suzuki India Ltd(5.48%), Bayer CropScience Ltd(4.74%), Cummins India Ltd(4.13%), Honeywell Automation India Ltd(3.81%), Schaeffler India Ltd(3.7%) as on August 2024
Consumer Cyclical(24.36%), Industrial(22.24%), Consumer Defensive(16.07%) as on August 2024
The alpha ratio for the Aditya Birla Sun Life MNC Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life MNC Fund Direct Growth | -6.65 | -3.89 | -3.64 |
As on August 2024
The alpha for Aditya Birla Sun Life MNC Fund Direct Growth is calculated against IISL Nifty MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life MNC Fund Direct Growth | 1.02 | 0.93 | 0.94 |
As on August 2024
The Beta for Aditya Birla Sun Life MNC Fund Direct Growth is calculated with IISL Nifty MNC 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 MNC 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 MNC Fund Direct Growth | 2.01 | 0.66 | 0.71 |
As on August 2024
The sharpe ratio for Aditya Birla Sun Life MNC Fund Direct Growth is calculated with IISL Nifty MNC 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 MNC 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 MNC Fund Direct Growth | 11.75 | 12.6 | 15.63 |
As on August 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 1.18 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Chanchal Khandelwal is the fund manager of Aditya Birla Sun Life MNC Fund Direct Growth
The Exit load of Aditya Birla Sun Life MNC Fund Direct Growth is 1%