Equity
Direct
Large & Mid-Cap
NAV as on 31-10-2024
₹ 978.78
Inception Returns
16.3%
/yr
Aditya Birla Sun Life Equity Advantage Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Aditya Birla Sun Life Equity Advantage Fund Direct Growth has given a CAGR return of 16.31% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 33.39%, 9.69% and 17.30% respectively.
Aditya Birla Sun Life Equity Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Basic Materials, Energy, Health, Tech, Utilities, Communication, Real Estate, Consumer Defensive. Its top holdings are ICICI Bank Ltd, Infosys Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Fortis Healthcare Ltd
As it is a large & mid-cap 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 objective of the scheme is to achieve long-term growth of capital, at relatively moderate levels of risk through a diversified research based investment in Large & Midcap companies.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Aditya Birla Sun Life Equity Advantage Fund Direct Growth has no lock in period.
Expense ratio | 1.02% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹6380 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 52.64% |
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 |
as on (31-Oct-24)
as on (30-Sep-24)
Top 3 Sectors in September were Consumer Cyclical, Financial Services & Industrial
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.21% | -7.21% |
6 Month Returns | 8.9% | 8.9% |
1 Year Returns | 33.39% | 33.39% |
3 Years Returns | 31.98% | 9.69% |
5 Years Returns | 122.04% | 17.3% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | -3.74 | -7.53 | -4.79 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | 0.99 | 1 | 1.02 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | 1.65 | 0.3 | 0.63 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | 14.1 | 14.8 | 20.73 |