Aditya Birla Sun Life Business Cycle Fund Direct Growth

Aditya Birla Sun Life Business Cycle Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 04-12-2024

₹ 15.89

0.4%

1D

Inception Returns

16.7%

/yr

About Aditya Birla Sun Life Business Cycle Fund Direct Growth

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 Dhaval Gala, Harish Krishnan. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Aditya Birla Sun Life Business Cycle Fund Direct Growth has ₹1829 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Aditya Birla Sun Life Business Cycle Fund Direct Growth has given a CAGR return of 16.67% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 28.15% and 16.69% respectively.

Holdings

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
315 people have invested ₹ 9.4L in Aditya Birla Sun Life Business Cycle Fund Direct Growth in the last three months

Aditya Birla Sun Life Business Cycle Fund Direct Growth Overview

Expense ratio0.96%
Benchmark
S&P BSE 500 India TR INR
AUM₹1829 Cr
Inception Date3 December, 2021
Min Lumpsum/SIP₹500/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
41.2%
STCGSelling mutual fund 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 (04-Dec-24)

Period
Aditya Birla Sun Life Business Cycle Fund Direct Growth
Nifty 500
equity - other
1M
2%
2.6%
-
3M
-1.3%
-2%
-
6M
17.2%
10.6%
-
1Y
28.1%
25.2%
-
3Y
16.7%
16.1%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 98.7%

  • Debt & Cash 1.3%

Large cap
55%

Small cap
23.9%

Mid cap
16%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
26.2%
Industrial
18%
Consumer Cyclical
13.5%
Tech
11.9%
Basic Materials
8.8%
Energy
6.5%
Health
6.4%
Consumer Defensive
3%
Communication
3%
Utilities
1.8%
Real Estate
0.9%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.44%
3.18%
0.69%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -5.44% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 1.08% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.8K Cr
₹ 1.9K Cr
₹ 1.9K Cr
  • AUM of the fund stands at 1.8K Cr as of Oct'24
  • AUM decreased by 106.1 Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 6.58% to 7.06%
ICICI Bank Ltd's allocation increased from 6.58% to 7.06%
Hindustan Petroleum Corp Ltd's allocation increased from 0.51% to 0.83%
Hindustan Petroleum Corp Ltd's allocation increased from 0.51% to 0.83%
Radico Khaitan Ltd's allocation increased from 1.59% to 1.87%
Radico Khaitan Ltd's allocation increased from 1.59% to 1.87%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 4.6 % to 4.56 %
Infosys Ltd's allocation decreased from 4.6 % to 4.56 %
Reliance Industries Ltd's allocation decreased from 4.64 % to 4.43 %
Reliance Industries Ltd's allocation decreased from 4.64 % to 4.43 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 3.43 % to 3.22 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 3.43 % to 3.22 %
Mid Cap allocation has gone down from 16.7% to 16%
Mid Cap allocation has gone down from 16.7% to 16%
Large Cap allocation has gone down from 56.3% to 55%
Large Cap allocation has gone down from 56.3% to 55%
Small Cap allocation has gone up from 23.1% to 23.9%
Small Cap allocation has gone up from 23.1% to 23.9%
Cash allocation has gone up from 1.1% to 1.3%
Cash allocation has gone up from 1.1% to 1.3%

Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical

Oct'24
Financial Services
26%
Industrial
18%
Consumer Cyclical
13%
Sep'24
Financial Services
26%
Industrial
17%
Consumer Cyclical
15%
  • Gainers

  • Losers

Fund
Oct'24
Sep'24
Aug'24
No of Holdings
76
72
70
Top 5 Company Concentration
23.7%
23.2%
23.9%
Company having highest exposure
ICICI Bank Ltd (7.1%)
ICICI Bank Ltd (6.6%)
ICICI Bank Ltd (6.5%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
78.4%
77.8%
76.3%
Sector having highest exposure
Financial Services (26.2%)
Financial Services (25.7%)
Financial Services (25%)
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Dhaval Gala
Dhaval Gala
Fund Manager of Aditya Birla Sun Life Business Cycle Fund Direct Growth, since 17 February 2023
Harish Krishnan
Harish Krishnan
Fund Manager of Aditya Birla Sun Life Business Cycle Fund Direct Growth, since 3 November 2023
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.89L Cr
as on 31-Oct-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

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 16.67% since inception which is less than its category average return of 19.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.67% in Equity, 0% in Debt and 1.33% in Cash related instruments
AUM size ₹1829 Cr

AUM size ₹1829 Cr

This fund has AUM of ₹1829 Cr which is less than its category average of ₹ 2180 Cr
Expense Ratio 0.96%

Expense Ratio 0.96%

This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.17%

Frequently Asked Questions for Aditya Birla Sun Life Business Cycle Fund Direct Growth

The current NAV of Aditya Birla Sun Life Business Cycle Fund Direct Growth is ₹15.89 as on 04-Dec-2024.
Existing (Absolute + CAGR) as on 04-Dec-2024.
Aditya Birla Sun Life Business Cycle Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.99%
1.99%
6 Month Returns
17.18%
17.18%
1 Year Returns
28.15%
28.15%
3 Years Returns
58.9%
16.69%
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.
0.96% as on November 2024
₹1829 Cr as on November 2024
ICICI Bank Ltd(7.06%), Infosys Ltd(4.56%), Reliance Industries Ltd(4.43%), Kotak Mahindra Bank Ltd(3.97%), Larsen & Toubro Ltd(3.66%) as on November 2024
Financial Services(25.89%), Industrial(17.74%), Consumer Cyclical(13.28%) as on November 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
1.79
-
-
As on November 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
0.97
-
-
As on November 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
1.52
-
-
As on November 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
12.67
-
-
As on November 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.
Dhaval Gala, Harish Krishnan 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%