Aditya Birla Sun Life Business Cycle Fund Direct Growth

Equity
Direct
Equity - Other
Aditya Birla Sun Life Business Cycle Fund Direct Growth

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

  1. Aditya Birla Sun Life Business Cycle Fund Direct Growth has ₹1701 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Aditya Birla Sun Life Business Cycle Fund Direct Growth has given a CAGR return of 16.81% since inception. Over the last 1 year the fund has given a CAGR return of 33.87%.

Holdings

Aditya Birla Sun Life Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Basic Materials, Energy, Consumer Defensive, Communication, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd, Sun Pharmaceuticals Industries Ltd, Infosys 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 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 Business Cycle Fund Direct Growth

The investment objective of the scheme is to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Aditya Birla Sun Life Business Cycle Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
272 people have invested ₹ 8L in Aditya Birla Sun Life Business Cycle Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.94%
Benchmark
S&P BSE 500 India TR INR
AUM₹1701 Cr
Inception Date3 December, 2021
Min Lumpsum/SIP₹500/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
30.82%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 98.3%

  • Debt & Cash 1.7%

Large cap
67.4%

Small cap
17.9%

Mid cap
13%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
28.1%
Industrial
15.2%
Consumer Cyclical
13.4%
Tech
9.7%
Health
7.4%
Basic Materials
7.3%
Energy
6.3%
Consumer Defensive
5.9%
Communication
4.5%
Utilities
2.1%
Real Estate
0%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Anil Shah
Anil Shah
Fund Manager of Aditya Birla Sun Life Business Cycle Fund Direct Growth, since 1 April 2022
Dhaval Gala
Dhaval Gala
Fund Manager of Aditya Birla Sun Life Business Cycle Fund Direct Growth, since 17 February 2023

Aditya Birla Sun Life Business Cycle 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 16.81% since inception which is less than its category average return of 25.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.34% in Equity, 0% in Debt and 1.66% in Cash related instruments
AUM size ₹1701 Cr

AUM size ₹1701 Cr

This fund has AUM of ₹1701 Cr which is less than its category average of ₹ 1973 Cr
Expense Ratio 0.94%

Expense Ratio 0.94%

This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.2%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Business Cycle Fund Direct Growth is ₹14.86 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Aditya Birla Sun Life Business Cycle Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.07%
6.07%
6 Month Returns
17.38%
17.38%
1 Year Returns
33.87%
33.87%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.94% as on May 2024
₹1701 Cr as on May 2024
ICICI Bank Ltd(6.59%), Reliance Industries Ltd(5.4%), Larsen & Toubro Ltd(4.18%), Sun Pharmaceuticals Industries Ltd(3.95%), Infosys Ltd(3.93%) as on May 2024
Financial Services(27.68%), Industrial(14.95%), Consumer Cyclical(13.22%) as on May 2024
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
-2.79
-
-
As on May 2024
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
0.93
-
-
As on May 2024
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
1.95
-
-
As on May 2024
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
9.94
-
-
As on May 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.
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%