Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth
Hybrid
Direct
Equity Savings
NAV: ₹ 21.83 as on 15-04-2024
Fund Performance
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
Over the last 1 month, this fund has experienced a 2.3% drop in AUM moving from 542.63 Cr to 529.91 Cr.
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.32% return, outperforming this fund by 4.01% per annum.
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%.
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.42% return, outperforming this fund by 6.07% per annum.
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 23.46% return, outperforming this fund by 8.69%.
Over the last 1 month, this fund has increased expense ratio by 9.1% moving from 0.55 to 0.60.
INDmoney Rank of Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth
Powered by IND quant engine
3
/8
22% Performance
82% Risk Management
58% Cost
3 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
- Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth has ₹530 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth Overview
 | 0.6% |
 Benchmark | NIFTY Equity Savings TR INR |
 | ₹530 Cr |
 | 28 November, 2014 |
 | ₹1000/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 390.66% |
Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
41.5%
Mid cap
20.8%
Small cap
3.4%
Sector Allocation
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 Holdings117
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
- AUM of the fund stands at 529.9 Cr as of Mar'24
- AUM decreased by 12.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth Fund Manager
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth, since 22 March 2021
Top funds managed
Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.68% since inception which is more than its category average return of 7.98%
Fund Allocations
This fund has an allocation of 14.2% in Equity, 26.62% in Debt and 58.32% in Cash related instruments
AUM size ₹530 Cr
This fund has AUM of ₹530 Cr which is less than its category average of ₹ 1219 Cr
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 ₹21.83 as on 15-Apr-2024.
Existing (Absolute + CAGR) as on 15-Apr-2024.
Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.35% | 1.35% |
6 Month Returns | 5.2% | 5.2% |
1 Year Returns | 14.77% | 14.77% |
3 Years Returns | 27.21% | 8.35% |
5 Years Returns | 56.04% | 9.31% |
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.
0.6% as on March 2024
₹530 Cr as on March 2024
Aditya BSL Money Mgr Dir Gr(6.73%), HDFC Bank Ltd(6.38%), GMR Airports Infrastructure Ltd(4.54%), Adani Ports & Special Economic Zone Ltd(4.41%), Cholamandalam Investment And Fin. Co. Ltd(4.23%) as on March 2024
Cash Equivalent(56.71%), Government(18.71%), Corporate(10.39%) 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%