Equity
Direct
Equity - Other
NAV as on 04-12-2024
₹ 15.89
▲0.4%
1D
Inception Returns
16.7%
/yr
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.
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.
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
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.
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 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.
Expense ratio | 0.96% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹1829 Cr |
Inception Date | 3 December, 2021 |
Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 41.2% |
STCG | Selling mutual fund 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 |
as on (04-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Business Cycle Fund Direct Growth | 1.79 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Business Cycle Fund Direct Growth | 0.97 | - | - |
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 | - | - |
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 | - | - |