Aditya Birla Sun Life Business Cycle Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 11.7 as on 22-09-2023
Fund Performance
311 people have invested ₹ 6.8L in Aditya Birla Sun Life Business Cycle Fund Direct Growth in the last three months
Fund Insights
Over the last 3 months, this fund has experienced a 9.3% drop in AUM moving from 1.81K Cr to 1.64K Cr.
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.92% which is lower than the category average expense ratio of 1.19%.
In the last 1 year, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 40.34% return, outperforming this fund by 28.61%.
About the Fund
Aditya Birla Sun Life Business Cycle Fund Direct Growth is an equity fund. This fund was started on 3 December, 2021. The fund is managed by Anil Shah, Dhaval Gala. The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Business Cycle Fund Direct Growth has ₹1645 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 0.9.
Aditya Birla Sun Life Business Cycle Fund Direct Growth Overview
 | 0.92% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹1645 Cr |
 | 3 December, 2021 |
 | ₹500/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 30.82% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
72.4%
Mid cap
15.1%
Small cap
10.9%
Sector Allocation
Financial Services
38.5%
Industrial
11.4%
Tech
9.7%
Basic Materials
9.3%
Consumer Cyclical
8.2%
Consumer Defensive
7.3%
Health
7%
Energy
5%
Communication
3.6%
Top Holdings of Aditya Birla Sun Life Business Cycle Fund Direct Growth as on (31-Aug-23)
Equity Holdings42
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 12.68% | 59.7% | |
 ICICI Bank Ltd | 9.82% | 0% | |
 Infosys Ltd | 5.58% | -26% | |
 Reliance Industries Ltd | 4.94% | 0% | |
 Bajaj Finance Ltd | 4.14% | 0% |
See all
Aditya Birla Sun Life Business Cycle Fund Direct Growth: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -0.94% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund underperformed Nifty 500 by 0.19% in Aug'23
AUM Change
- AUM of the fund stands at 1.6K Cr as of Aug'23
- AUM decreased by 71.1 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life Business Cycle Fund Direct Growth portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Bharat Forge Ltd | 14.7% |
 Whirlpool of India Ltd | 12% |
 Infosys Ltd | 5.1% |
Top Losers | 1M Return |
|---|---|
 CMS Info Systems Ltd | -8.6% |
 HDFC Bank Ltd | -5.5% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Aditya Birla Sun Life Business Cycle Fund Direct Growth Fund Manager
Anil Shah
Fund Manager of Aditya Birla Sun Life Business Cycle Fund Direct Growth, since 1 April 2022
Top funds managed
Dhaval Gala
Fund Manager of Aditya Birla Sun Life Business Cycle Fund Direct Growth, since 17 February 2023
Top funds managed
Fund 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 9.21% since inception which is less than its category average return of 15.01%
Fund Allocations
This fund has an allocation of 98.33% in Equity, 0% in Debt and 1.67% in Cash related instruments
AUM size ₹1645 Cr
This fund has AUM of ₹1645 Cr which is more than its category average of ₹ 1341 Cr
Expense Ratio 0.92%
This fund has an expense ratio of 0.92% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Business Cycle Fund Direct Growth is ₹11.72 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
Aditya Birla Sun Life Business Cycle Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.47% | 1.47% |
6 Month Returns | 16.04% | 16.04% |
1 Year Returns | 11.73% | 11.73% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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0.92% as on August 2023
₹1645 Cr as on August 2023
HDFC Bank Ltd(12.68%), ICICI Bank Ltd(9.82%), Infosys Ltd(5.58%), Reliance Industries Ltd(4.94%), Bajaj Finance Ltd(4.14%) as on August 2023
Financial Services(37.81%), Industrial(11.19%), Tech(9.54%) as on August 2023
The alpha ratio for the Aditya Birla Sun Life Business Cycle Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Business Cycle Fund Direct Growth | 0.12 | - | - |
As on August 2023
The alpha for Aditya Birla Sun Life Business Cycle Fund Direct Growth is calculated against S&P BSE 500 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 Business Cycle Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Business Cycle Fund Direct Growth | 0.91 | - | - |
As on August 2023
The Beta for Aditya Birla Sun Life Business Cycle Fund Direct Growth is calculated with S&P BSE 500 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 Business Cycle 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 Business Cycle Fund Direct Growth | 0.43 | - | - |
As on August 2023
The sharpe ratio for Aditya Birla Sun Life Business Cycle Fund Direct Growth is calculated with S&P BSE 500 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 Business Cycle 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 Business Cycle Fund Direct Growth | 10.92 | - | - |
As on August 2023
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.
Anil Shah, Dhaval Gala are the fund managers of Aditya Birla Sun Life Business Cycle Fund Direct Growth
The Exit load of Aditya Birla Sun Life Business Cycle Fund Direct Growth is 1%