Aditya Birla Sun Life Frontline Equity Fund Direct Growth
Equity
Direct
Large-Cap
About the Fund
Aditya Birla Sun Life Frontline Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Mahesh Patil. The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Frontline Equity Fund Direct Growth has ₹29104 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
Aditya Birla Sun Life Frontline Equity Fund Direct Growth has given a CAGR return of 16.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.97%, 18.71% and 19.34% respectively.
Holdings
Aditya Birla Sun Life Frontline Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Government, Industrial, Tech, Consumer Defensive, Energy, Health, Basic Materials, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Larsen & Toubro Ltd
Taxation
As it is a large-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 benefitDividends 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 Frontline Equity Fund Direct Growth
The objective of the scheme is long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and/ or sectors as its chosen benchmark index, Nifty 50 TRI. The secondary objective is income generation and distribution of IDCW.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Frontline Equity Fund Direct Growth has no lock in period.
Fund Performance
9261 people have invested ₹ 5.3Cr in Aditya Birla Sun Life Frontline Equity Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
9
/19
47% Performance
48% Risk Management
27% Cost
9 out of 19 among large-cap
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.97% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹29104 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 44.93% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
83.9%
Mid cap
8.6%
Small cap
4.5%
Sector Allocation
Financial Services
32.8%
Consumer Cyclical
14.7%
Industrial
8.7%
Tech
8.5%
Consumer Defensive
7.7%
Energy
7.1%
Health
5.9%
Basic Materials
5.6%
Communication
4.7%
Utilities
3%
Real Estate
1.3%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.53% | 0% | |
 ICICI Bank Ltd | 7.84% | 0% | |
 Reliance Industries Ltd | 5.8% | 0% | |
 Infosys Ltd | 5.4% | 2% | |
 Larsen & Toubro Ltd | 4.63% | -0.4% |
See all
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
 Whirlpool of India Ltd | 11.9% |
Mahesh Patil
Fund Manager of Aditya Birla Sun Life Frontline Equity Fund Direct Growth, since 17 November 2005
Top funds managed
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 12.4% growth in AUM moving from 25.89K Cr to 29.10K Cr.
Over the last 1 year, this fund has decreased expense ratio by 5.8% moving from 1.03 to 0.97.
In the last 1 year, Quant Large Cap Fund Direct Growth has given 47.94% return, outperforming this fund by 14.97%.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 26.1% return, outperforming this fund by 7.38% per annum.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 21.98% return, outperforming this fund by 2.65% per annum.
Aditya Birla Sun Life Frontline Equity Fund Direct Growth 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 16.05% since inception which is more than its category average return of 14.31%
Fund Allocations
This fund has an allocation of 97.18% in Equity, 0.31% in Debt and 2.51% in Cash related instruments
AUM size ₹29104 Cr
This fund has AUM of ₹29104 Cr which is more than its category average of ₹ 6761 Cr
Expense Ratio 0.97%
This fund has an expense ratio of 0.97% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Frontline Equity Fund Direct Growth is ₹560.56 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.39% | 3.39% |
6 Month Returns | 18.5% | 18.5% |
1 Year Returns | 32.97% | 32.97% |
3 Years Returns | 67.29% | 18.71% |
5 Years Returns | 142.04% | 19.34% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.97% as on June 2024
₹29104 Cr as on June 2024
HDFC Bank Ltd(8.53%), ICICI Bank Ltd(7.84%), Reliance Industries Ltd(5.8%), Infosys Ltd(5.4%), Larsen & Toubro Ltd(4.63%) as on June 2024
Financial Services(31.85%), Consumer Cyclical(14.28%), Industrial(8.43%) as on June 2024
The alpha ratio for the Aditya Birla Sun Life Frontline Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | 2.34 | 2.12 | 0.65 |
As on June 2024
The alpha for Aditya Birla Sun Life Frontline Equity Fund Direct Growth is calculated against S&P BSE 100 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 Frontline Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Frontline Equity Fund Direct Growth | 0.92 | 0.9 | 0.98 |
As on June 2024
The Beta for Aditya Birla Sun Life Frontline Equity Fund Direct Growth is calculated with S&P BSE 100 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 Frontline Equity 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 Frontline Equity Fund Direct Growth | 2.1 | 1.03 | 0.72 |
As on June 2024
The sharpe ratio for Aditya Birla Sun Life Frontline Equity Fund Direct Growth is calculated with S&P BSE 100 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 Frontline Equity 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 Frontline Equity Fund Direct Growth | 10.77 | 12.16 | 18.45 |
As on June 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 1.97 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.48 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Mahesh Patil is the fund manager of Aditya Birla Sun Life Frontline Equity Fund Direct Growth
The Exit load of Aditya Birla Sun Life Frontline Equity Fund Direct Growth is 1%