Aditya Birla Sun Life Equity Advantage Fund Direct Growth

Aditya Birla Sun Life Equity Advantage Fund Direct Growth

Equity

Direct

Large & Mid-Cap

NAV as on 31-10-2024

₹ 978.78

Inception Returns

16.3%

/yr

About Aditya Birla Sun Life Equity Advantage Fund Direct Growth

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

  1. Aditya Birla Sun Life Equity Advantage Fund Direct Growth has ₹6380 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

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.

Holdings

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

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 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 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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
826 people have invested ₹ 83.8L in Aditya Birla Sun Life Equity Advantage Fund Direct Growth in the last three months

INDmoney Rank for Aditya Birla Sun Life Equity Advantage Fund Direct Growth

Powered by IND quant engine
IND ranking is not available for this fund.
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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5Y returns in the bottom 25% of the category

Aditya Birla Sun Life Equity Advantage Fund Direct Growth Overview

Expense ratio1.02%
Benchmark
S&P BSE 200 India TR INR
AUM₹6380 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
52.64%
STCGRedeeming 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 (31-Oct-24)

Period
Aditya Birla Sun Life Equity Advantage Fund Direct Growth
NIFTY 500
large & mid-cap
1M
-7.2%
-3.9%
-5.7%
3M
-4%
-1.9%
-2.3%
6M
8.9%
8.9%
11.3%
1Y
33.4%
34.2%
42.1%
3Y
9.7%
14.3%
18.4%
5Y
17.3%
18.7%
21.7%

Fund Distribution

as on (30-Sep-24)

  • Equity 98.6%

  • Debt & Cash 1.4%

Large cap
45%

Mid cap
36.7%

Small cap
16.2%

Sector Allocation

Sep'24

Aug'24

Jul'24

Consumer Cyclical
23%
Financial Services
22.6%
Industrial
18.4%
Basic Materials
7.8%
Energy
7.3%
Health
5.8%
Tech
5.5%
Utilities
3.3%
Communication
3%
Real Estate
2.2%
Consumer Defensive
1.1%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
2.06%
1.40%
4.33%
NIFTY 500
2.04%
0.97%
3.53%
  • This fund’s returns stands at 2.06% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.04% as on Sep'24
  • This fund outperformed NIFTY 500 by 0.02% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 6.3K Cr
₹ 6.3K Cr
₹ 6.3K Cr
  • AUM of the fund stands at 6.3K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Welspun Living Ltd's allocation increased from 0.59% to 0.94%
Welspun Living Ltd's allocation increased from 0.59% to 0.94%
LIC Housing Finance Ltd's allocation increased from 1.23% to 1.45%
LIC Housing Finance Ltd's allocation increased from 1.23% to 1.45%
Go Fashion (India) Ltd's allocation increased from 1.13% to 1.3%
Go Fashion (India) Ltd's allocation increased from 1.13% to 1.3%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 4.09 % to 3.88 %
ICICI Bank Ltd's allocation decreased from 4.09 % to 3.88 %
Infosys Ltd's allocation decreased from 4.06 % to 3.86 %
Infosys Ltd's allocation decreased from 4.06 % to 3.86 %
Reliance Industries Ltd's allocation decreased from 2.87 % to 2.77 %
Reliance Industries Ltd's allocation decreased from 2.87 % to 2.77 %
Mid Cap allocation has gone down from 40% to 36.7%
Mid Cap allocation has gone down from 40% to 36.7%
Large Cap allocation has gone up from 43.7% to 45%
Large Cap allocation has gone up from 43.7% to 45%
Small Cap allocation has gone up from 13.3% to 16.2%
Small Cap allocation has gone up from 13.3% to 16.2%
Cash allocation has gone down from 2.2% to 1.4%
Cash allocation has gone down from 2.2% to 1.4%

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

Sep'24
Consumer Cyclical
23%
Financial Services
23%
Industrial
18%
Aug'24
Consumer Cyclical
23%
Financial Services
22%
Industrial
18%
  • Gainers

  • Losers

Fund
Sep'24
Aug'24
Jul'24
No of Holdings
77
75
74
Top 5 Company Concentration
15.8%
16.1%
16.3%
Company having highest exposure
ICICI Bank Ltd (3.9%)
ICICI Bank Ltd (4.1%)
ICICI Bank Ltd (4%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
79%
78.6%
79.8%
Sector having highest exposure
Consumer Cyclical (23%)
Consumer Cyclical (23.2%)
Consumer Cyclical (24.2%)
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Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.79L Cr
as on 30-Sep-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

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has decreased expense ratio by 10.5% moving from 1.14 to 1.02.
Insights icon
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 60.72% return, outperforming this fund by 27.34%.
Insights icon
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 1.02% which is lower than the category average expense ratio of 1.19%.
Insights icon
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.62% return, outperforming this fund by 10.33% per annum.
Insights icon
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.9% return, outperforming this fund by 17.21% per annum.

Aditya Birla Sun Life Equity Advantage 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 16.31% since inception which is less than its category average return of 17.13%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.61% in Equity, 0% in Debt and 1.39% in Cash related instruments
AUM size ₹6380 Cr

AUM size ₹6380 Cr

This fund has AUM of ₹6380 Cr which is less than its category average of ₹ 7528 Cr
Expense Ratio 1.02%

Expense Ratio 1.02%

This fund has an expense ratio of 1.02% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions for Aditya Birla Sun Life Equity Advantage Fund Direct Growth

The current NAV of Aditya Birla Sun Life Equity Advantage Fund Direct Growth is ₹978.78 as on 31-Oct-2024.
Existing (Absolute + CAGR) as on 31-Oct-2024.
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%
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1.02% as on October 2024
₹6380 Cr as on October 2024
ICICI Bank Ltd(3.88%), Infosys Ltd(3.86%), HDFC Bank Ltd(3.14%), Reliance Industries Ltd(2.77%), Fortis Healthcare Ltd(2.15%) as on October 2024
Consumer Cyclical(22.68%), Financial Services(22.29%), Industrial(18.12%) as on October 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
-3.74
-7.53
-4.79
As on October 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
0.99
1
1.02
As on October 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
1.65
0.3
0.63
As on October 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
14.1
14.8
20.73
As on October 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 0.45 as on October 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%