Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth
Equity
Direct
Large & Mid-Cap
NAV: ₹ 889 as on 25-04-2024
Fund Performance
786 people have invested ₹ 86L in Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 67.15% return, outperforming this fund by 28.27%.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 33.22% return, outperforming this fund by 17.69% per annum.
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 1.14% which is lower than the category average expense ratio of 1.23%.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 27.94% return, outperforming this fund by 11.97% per annum.
Over the last 1 month, this fund has increased expense ratio by 4.6% moving from 1.09 to 1.14.
INDmoney Rank of Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth
Powered by IND quant engine
21
/21
24% Performance
13% Risk Management
27% Cost
21 out of 21 among large & mid-cap
Pros
Beats FD returns for both 3Y & 5Y
Cons
Has not generated consistent returns
Does not beat the benchmark consistently
Highly volatile within category
About the Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth
Aditya Birla Sun Life Equity Advantage Fund Direct Plan 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.
Key Parameters
- Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth has ₹5526 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth Overview
 | 1.14% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹5526 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 61.55% |
Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
52.4%
Mid cap
37.3%
Small cap
8.5%
Sector Allocation
Consumer Cyclical
25.1%
Financial Services
22.7%
Industrial
16.3%
Basic Materials
6.9%
Energy
6.7%
Tech
6.3%
Health
4.8%
Communication
3.8%
Utilities
3.1%
Real Estate
2.4%
Consumer Defensive
2%
Top Holdings of Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings73
Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.75% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.47% as on Mar'24
- This fund outperformed NIFTY 500 by 1.22% in Mar'24
AUM Change
- AUM of the fund stands at 5.5K Cr as of Mar'24
- AUM decreased by 0.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Bharti Airtel Ltd | 10.2% |
 Interglobe Aviation Ltd | 7.2% |
 ABB India Ltd | 7% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -6.4% |
 Infosys Ltd | -4.2% |
 J K Cements Ltd | 3.2% |
Peer Analysis
Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth 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 16.13% since inception which is less than its category average return of 16.23%
Fund Allocations
This fund has an allocation of 98.16% in Equity, 0% in Debt and 1.84% in Cash related instruments
AUM size ₹5526 Cr
This fund has AUM of ₹5526 Cr which is less than its category average of ₹ 6088 Cr
Expense Ratio 1.14%
This fund has an expense ratio of 1.14% which is less than its category average expense ratio of 1.36%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth is ₹889 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.73% | 5.73% |
6 Month Returns | 20.9% | 20.9% |
1 Year Returns | 38.88% | 38.88% |
3 Years Returns | 54.2% | 15.53% |
5 Years Returns | 109.76% | 15.97% |
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1.14% as on March 2024
₹5526 Cr as on March 2024
Reliance Industries Ltd(4.03%), ICICI Bank Ltd(3.85%), HDFC Bank Ltd(3.42%), Infosys Ltd(3.25%), Sun Pharmaceuticals Industries Ltd(2.09%) as on March 2024
Consumer Cyclical(24.62%), Financial Services(22.25%), Industrial(16%) as on March 2024
The alpha ratio for the Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth | -5.58 | -6.41 | -3.99 |
As on March 2024
The alpha for Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth is calculated against S&P BSE 200 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 Equity Advantage Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth | 0.95 | 0.98 | 1.03 |
As on March 2024
The Beta for Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth is calculated with S&P BSE 200 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 Equity Advantage Fund Direct Plan 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 Equity Advantage Fund Direct Plan Growth | 2.3 | 0.62 | 0.54 |
As on March 2024
The sharpe ratio for Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth is calculated with S&P BSE 200 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 Equity Advantage Fund Direct Plan 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 Equity Advantage Fund Direct Plan Growth | 10.87 | 13.86 | 20.83 |
As on March 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.
Sortino ratio is 0.99 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth is 1%