Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth

Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth

Compare
Equity
Direct
Large & Mid-Cap
NAV: ₹ 922.77 as on 23-05-2024

About the Fund

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

  1. Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth has ₹5746 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.1.
Fund Performance
zero opening, trading, fund transfer fee
776 people have invested ₹ 68L in Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
1.07%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹5746 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
61.55%

Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth Distribution as on (30-Apr-24)

  • Equity 99.1%

  • Debt & Cash 0.9%

Size breakup

Large cap
51.5%
Mid cap
37.7%
Small cap
9.9%
Sector Allocation

Apr'24

Mar'24

Feb'24

Consumer Cyclical
26.6%
Financial Services
23%
Industrial
16.6%
Basic Materials
7.3%
Energy
6.5%
Tech
5.8%
Health
3.7%
Communication
3.3%
Utilities
3.1%
Real Estate
2.6%
Consumer Defensive
1.4%

Top Holdings of Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth as on (30-Apr-24)

  • Equity

Equity Holdings73

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
5.01%
0.75%
0.33%
NIFTY 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 5.01% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed NIFTY 500 by 2.55% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 5.5K Cr
₹ 5.5K Cr
₹ 5.5K Cr
  • AUM of the fund stands at 5.5K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has decreased expense ratio by 6.1% moving from 1.14 to 1.07.
Insights icon
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.32% return, outperforming this fund by 16.26% per annum.
Insights icon
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 29.62% return, outperforming this fund by 12.87% per annum.
Insights icon
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 1.07% which is lower than the category average expense ratio of 1.22%.
Insights icon
Over the last 6 months, this fund has experienced a 15.4% growth in AUM moving from 4.98K Cr to 5.74K Cr.
Insights icon
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 73.59% return, outperforming this fund by 36.46%.

INDmoney Rank

Powered by IND quant engine
21
/21
21% 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

Aditya Birla Sun Life Equity Advantage Fund Direct Plan 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 16.39% since inception which is less than its category average return of 16.79%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.07% in Equity, 0% in Debt and 0.93% in Cash related instruments
AUM size ₹5746 Cr

AUM size ₹5746 Cr

This fund has AUM of ₹5746 Cr which is less than its category average of ₹ 6434 Cr
Expense Ratio 1.07%

Expense Ratio 1.07%

This fund has an expense ratio of 1.07% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth is ₹922.77 as on 23-May-2024.
Existing (Absolute + CAGR) as on 23-May-2024.
Aditya Birla Sun Life Equity Advantage Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.01%
5.01%
6 Month Returns
18.95%
18.95%
1 Year Returns
37.14%
37.14%
3 Years Returns
52.32%
15.06%
5 Years Returns
116.92%
16.75%
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.
1.07% as on April 2024
₹5746 Cr as on April 2024
ICICI Bank Ltd(4.19%), Reliance Industries Ltd(3.83%), HDFC Bank Ltd(3.45%), Infosys Ltd(2.97%), Bharti Airtel Ltd(2.14%) as on April 2024
Consumer Cyclical(26.38%), Financial Services(22.8%), Industrial(16.46%) as on April 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
-4.49
-6.78
-4.23
As on April 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
0.97
0.98
1.03
As on April 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
2.37
0.68
0.59
As on April 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
11.08
14.03
20.88
As on April 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 1.08 as on April 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%