Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan
Equity
Direct
Large & Mid- Cap
NAV: ₹ 174.5 as on 22-09-2023
Fund Performance
2 people have invested ₹ 1.5L in Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan in the last three months
About the Fund
Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan 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 - IDCW Reinvestment-Direct Plan has ₹5244 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.1.
Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan Overview
 | 1.09% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹5244 Cr |
 | 1 January, 2013 |
 | ₹1000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 61.55% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
46.2%
Mid cap
38.6%
Small cap
14.1%
Sector Allocation
Financial Services
27.8%
Consumer Cyclical
25.6%
Industrial
16.1%
Basic Materials
9.4%
Tech
8.3%
Energy
3.7%
Health
3.3%
Communication
2.7%
Consumer Defensive
2%
Real Estate
1%
Top Holdings of Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan as on (31-Aug-23)
Equity Holdings71
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 5.95% | -4.4% | |
 HDFC Bank Ltd | 4.02% | 0% | |
 Reliance Industries Ltd | 3.67% | 0% | |
 State Bank of India | 3.32% | 6.9% | |
 Infosys Ltd | 3.09% | -34.7% |
See all
Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 1.46% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 2.21% in Aug'23
AUM Change
- AUM of the fund stands at 5.2K Cr as of Aug'23
- AUM increased by 2.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Gokaldas Exports Ltd | 50.6% |
 Rategain Travel Technologies Ltd | 30.6% |
 Bharat Forge Ltd | 14.7% |
Top Losers | 1M Return |
|---|---|
 State Bank of India | -8.3% |
 HDFC Bank Ltd | -5.5% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Fund 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 15.05% since inception which is less than its category average return of 15.72%
Fund Allocations
This fund has an allocation of 98.88% in Equity, 0% in Debt and 1.12% in Cash related instruments
AUM size ₹5244 Cr
This fund has AUM of ₹5244 Cr which is less than its category average of ₹ 5316 Cr
Expense Ratio 1.09%
This fund has an expense ratio of 1.09% which is less than its category average expense ratio of 1.42%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan is ₹174.54 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 1.14% | 1.14% |
6 Month Returns | 21.73% | 21.73% |
1 Year Returns | 12.33% | 12.33% |
3 Years Returns | 75.99% | 20.73% |
5 Years Returns | 76.16% | 11.99% |
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.
1.09% as on August 2023
₹5244 Cr as on August 2023
ICICI Bank Ltd(5.95%), HDFC Bank Ltd(4.02%), Reliance Industries Ltd(3.67%), State Bank of India(3.32%), Infosys Ltd(3.09%) as on August 2023
Financial Services(27.54%), Consumer Cyclical(25.29%), Industrial(15.92%) as on August 2023
The alpha ratio for the Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan | -1.98 | -4.4 | -3.55 |
As on August 2023
The alpha for Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan 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 - IDCW Reinvestment-Direct Plan for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan | 0.91 | 0.99 | 1.03 |
As on August 2023
The Beta for Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan 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 - IDCW Reinvestment-Direct Plan 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 - IDCW Reinvestment-Direct Plan | 0.57 | 1.01 | 0.33 |
As on August 2023
The sharpe ratio for Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan 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 - IDCW Reinvestment-Direct Plan 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 - IDCW Reinvestment-Direct Plan | 10.7 | 15.38 | 21.57 |
As on August 2023
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 1.85 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Aditya Birla Sun Life Equity Advantage Fund - IDCW Reinvestment-Direct Plan is 1%