Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth

Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth

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Hybrid
Direct
Equity Savings
NAV: ₹ 21.85 as on 12-04-2024
Fund Performance
zero opening, trading, fund transfer fee
12 people have invested ₹ 82.5K in Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 15.01% return, outperforming this fund by 6.47% per annum.
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In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 23.59% return, outperforming this fund by 8.53%.
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Over the last 1 month, this fund has experienced a 2.3% drop in AUM moving from 542.63 Cr to 529.91 Cr.
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This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.6% which is lower than the category average expense ratio of 1.06%.
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Over the last 1 month, this fund has increased expense ratio by 9.1% moving from 0.55 to 0.60.
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In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.5% return, outperforming this fund by 4.11% per annum.

INDmoney Rank of Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth

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4
/8
4% Performance
78% Risk Management
71% Cost
4 out of 8 among equity savings

About the Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth

Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth is a hybrid fund. This fund was started on 28 November, 2014. The fund is managed by Harshil Suvarnkar. This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth has ₹530 Cr worth of assets under management (AUM) as on Feb 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.6%
Benchmark
Benchmark
NIFTY Equity Savings TR INR
AUM
AUM
₹530 Cr
Inception Date
Inception Date
28 November, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
390.66%

Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth Distribution as on (29-Feb-24)

  • Equity 12.8%

  • Debt & Cash 86.6%

Size breakup

Large cap
41.5%
Mid cap
20.8%
Small cap
3.4%
Sector Allocation

Feb'24

Jan'24

Dec'23

Financial Services
36%
Industrial
17.7%
Energy
7.6%
Communication
6.8%
Health
6.1%
Tech
6.1%
Basic Materials
5.8%
Utilities
5.2%
Consumer Cyclical
4.4%
Consumer Defensive
2.8%
Real Estate
1.4%

Top Holdings of Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth as on (31-Mar-24)

  • Equity

  • Debt & Cash

Equity Holdings115
Debt Holdings14

Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Feb'24
Jan'24
Dec'23
AUM
₹ 542.6 Cr
₹ 527.3 Cr
₹ 531.7 Cr
  • AUM of the fund stands at 542.6 Cr as of Feb'24
  • AUM increased by 15.3 Cr between Feb'24 and Jan'24
Fund Portfolio Changes

Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth Fund Manager

Harshil Suvarnkar
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth, since 22 March 2021

Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth Highlights

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Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.7% since inception which is more than its category average return of 8.02%
Fund Allocations

Fund Allocations

This fund has an allocation of 12.76% in Equity, 25.75% in Debt and 60.86% in Cash related instruments
AUM size ₹530 Cr

AUM size ₹530 Cr

This fund has AUM of ₹530 Cr which is less than its category average of ₹ 1216 Cr
Expense Ratio 0.6%

Expense Ratio 0.6%

This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.16%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth is ₹21.85 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.3%
1.3%
6 Month Returns
5.4%
5.4%
1 Year Returns
15.06%
15.06%
3 Years Returns
27.85%
8.53%
5 Years Returns
56.63%
9.39%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.6% as on March 2024
₹530 Cr as on March 2024
Aditya BSL Money Mgr Dir Gr(6.52%), HDFC Bank Ltd(4.78%), GMR Airports Infrastructure Ltd(4.56%), Adani Ports & Special Economic Zone Ltd(4.24%), Cholamandalam Investment And Fin. Co. Ltd(3.92%) as on March 2024
Cash Equivalent(59.49%), Government(18.31%), Corporate(9.44%) as on March 2024
AAA
100
Harshil Suvarnkar is the fund manager of Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth
The Exit load of Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth is 0.25%