Aditya Birla Sun Life Equity Advantage Fund Direct Growth
Equity
Direct
Large & Mid-Cap
About the Fund
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.
Key Parameters
- Aditya Birla Sun Life Equity Advantage Fund Direct Growth has ₹6093 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Returns
Aditya Birla Sun Life Equity Advantage Fund Direct Growth has given a CAGR return of 16.87% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.55%, 14.36% and 19.91% respectively.
Holdings
Aditya Birla Sun Life Equity Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Energy, Tech, Basic Materials, Health, Communication, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, Reliance Industries Ltd, HDFC Bank Ltd, Infosys Ltd, Bharti Airtel Ltd
Taxation
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.
Investment objective of Aditya Birla Sun Life Equity Advantage Fund Direct Growth
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 and lockin period
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.
Fund Performance
794 people have invested ₹ 50L in Aditya Birla Sun Life Equity Advantage Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
21
/21
20% Performance
11% Risk Management
38% Cost
21 out of 21 among large & mid-cap
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Highly volatile within category
Fund Overview
| Expense ratio | 1.06% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹6093 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 61.55% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
50.4%
Mid cap
36.3%
Small cap
12.5%
Sector Allocation
Consumer Cyclical
25.7%
Financial Services
22.1%
Industrial
18%
Energy
7.4%
Tech
7.1%
Basic Materials
7.1%
Health
3.7%
Communication
3.4%
Utilities
3.2%
Real Estate
2.3%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.12% | 0% | |
 Reliance Industries Ltd | 3.85% | 0% | |
 HDFC Bank Ltd | 3.61% | 0% | |
 Infosys Ltd | 3.6% | 16.7% | |
 Bharti Airtel Ltd | 2.2% | 0% |
See all
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
Samvardhana Motherson International Ltd | 2.4% |
Mutual Fund Insights
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.68% return, outperforming this fund by 11.77% per annum.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.57% return, outperforming this fund by 17.22% per annum.
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 63.99% return, outperforming this fund by 28.44%.
Over the last 3 months, this fund has decreased expense ratio by 7.0% moving from 1.14 to 1.06.
Over the last 1 month, this fund has experienced a 5.7% growth in AUM moving from 5.76K Cr to 6.09K Cr.
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 1.06% which is lower than the category average expense ratio of 1.2%.
Aditya Birla Sun Life Equity Advantage Fund Direct 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 16.87% since inception which is less than its category average return of 17.98%
Fund Allocations
This fund has an allocation of 99.18% in Equity, 0% in Debt and 0.82% in Cash related instruments
AUM size ₹6093 Cr
This fund has AUM of ₹6093 Cr which is less than its category average of ₹ 7161 Cr
Expense Ratio 1.06%
This fund has an expense ratio of 1.06% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Equity Advantage Fund Direct Growth is ₹993.03 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Aditya Birla Sun Life Equity Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.32% | 2.32% |
6 Month Returns | 19% | 19% |
1 Year Returns | 35.55% | 35.55% |
3 Years Returns | 49.56% | 14.36% |
5 Years Returns | 147.93% | 19.91% |
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.
1.06% as on June 2024
₹6093 Cr as on June 2024
ICICI Bank Ltd(4.12%), Reliance Industries Ltd(3.85%), HDFC Bank Ltd(3.61%), Infosys Ltd(3.6%), Bharti Airtel Ltd(2.2%) as on June 2024
Consumer Cyclical(25.54%), Financial Services(21.9%), Industrial(17.82%) as on June 2024
The alpha ratio for the Aditya Birla Sun Life Equity Advantage Fund Direct 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 Growth | -4.88 | -6.55 | -4.56 |
As on June 2024
The alpha for Aditya Birla Sun Life Equity Advantage Fund Direct 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 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 Growth | 0.98 | 1.01 | 1.03 |
As on June 2024
The Beta for Aditya Birla Sun Life Equity Advantage Fund Direct 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 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 Growth | 2.15 | 0.67 | 0.64 |
As on June 2024
The sharpe ratio for Aditya Birla Sun Life Equity Advantage Fund Direct 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 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 Growth | 11.8 | 14.3 | 21.01 |
As on June 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 1.09 as on June 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 Growth is 1%