Aditya Birla Sun Life Mid Cap Fund Direct Growth

Equity
Direct
Mid-Cap
Aditya Birla Sun Life Mid Cap Fund Direct Growth

About the Fund

Aditya Birla Sun Life Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Anil Shah. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Aditya Birla Sun Life Mid Cap Fund Direct Growth has ₹5342 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.1.

Returns

Aditya Birla Sun Life Mid Cap Fund Direct Growth has given a CAGR return of 18.35% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.76%, 25.02% and 22.89% respectively.

Holdings

Aditya Birla Sun Life Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Health, Utilities, Tech, Consumer Defensive, Communication, Real Estate. Its top holdings are Torrent Power Ltd, Fortis Healthcare Ltd, Coromandel International Ltd, K.P.R. Mill Ltd, Thermax Ltd

Taxation

As it is a mid-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 benefit
Dividends 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 Mid Cap Fund Direct Growth

The investment objective of the scheme is long term growth of capital at controlled level of risk by investing primarily in 'Mid-Cap' Stocks.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Aditya Birla Sun Life Mid Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
821 people have invested ₹ 90.4L in Aditya Birla Sun Life Mid Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
17
/19
32% Performance
22% Risk Management
43% Cost
17 out of 19 among mid-cap
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Beats FD returns for both 3Y & 5Y
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Has not generated consistent returns
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Does not beat the benchmark consistently
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Higher probablity of downside risk

Fund Overview

Expense ratio1.05%
Benchmark
S&P BSE Midcap TR INR
AUM₹5342 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
16.15%
Risk
Risk meter
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Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 98.7%

  • Debt & Cash 1.3%

Mid cap
66.7%

Small cap
19%

Large cap
13%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
18.6%
Industrial
18.5%
Consumer Cyclical
18.1%
Basic Materials
16.2%
Health
9.5%
Utilities
5.1%
Tech
4.6%
Consumer Defensive
3.9%
Communication
2.9%
Real Estate
2.6%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Anil Shah
Anil Shah
Fund Manager of Aditya Birla Sun Life Mid Cap Fund Direct Growth, since 27 April 2020

Mutual Fund Insights

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In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 74.21% return, outperforming this fund by 24.45%.
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In the last 3 years, Motilal Oswal Midcap Direct Growth has given 40.37% return, outperforming this fund by 15.35% per annum.
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In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 37.7% return, outperforming this fund by 14.81% per annum.
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This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 1.05% which is lower than the category average expense ratio of 1.16%.
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Over the last 15 months, this fund has decreased expense ratio by 11.8% moving from 1.19 to 1.05.

Aditya Birla Sun Life Mid Cap Fund Direct 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 18.35% since inception which is less than its category average return of 20.33%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.72% in Equity, 0% in Debt and 1.28% in Cash related instruments
AUM size ₹5342 Cr

AUM size ₹5342 Cr

This fund has AUM of ₹5342 Cr which is less than its category average of ₹ 8078 Cr
Expense Ratio 1.05%

Expense Ratio 1.05%

This fund has an expense ratio of 1.05% which is less than its category average expense ratio of 1.38%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Mid Cap Fund Direct Growth is ₹828.02 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Aditya Birla Sun Life Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.89%
7.89%
6 Month Returns
23.35%
23.35%
1 Year Returns
49.76%
49.76%
3 Years Returns
95.42%
25.02%
5 Years Returns
180.24%
22.89%
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.
1.05% as on May 2024
₹5342 Cr as on May 2024
Torrent Power Ltd(3.72%), Fortis Healthcare Ltd(2.93%), Coromandel International Ltd(2.86%), K.P.R. Mill Ltd(2.67%), Thermax Ltd(2.6%) as on May 2024
Financial Services(18.32%), Industrial(18.28%), Consumer Cyclical(17.88%) as on May 2024
The alpha ratio for the Aditya Birla Sun Life Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Aditya Birla Sun Life Mid Cap Fund Direct Growth
-3.68
-0.47
-3.23
As on May 2024
The alpha for Aditya Birla Sun Life Mid Cap Fund Direct Growth is calculated against S&P BSE Midcap 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 Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Aditya Birla Sun Life Mid Cap Fund Direct Growth
0.92
0.88
0.92
As on May 2024
The Beta for Aditya Birla Sun Life Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid Cap 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 Mid Cap Fund Direct Growth
2.42
1.21
0.75
As on May 2024
The sharpe ratio for Aditya Birla Sun Life Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid Cap 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 Mid Cap Fund Direct Growth
12.94
13.88
20.8
As on May 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 2.42 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Anil Shah is the fund manager of Aditya Birla Sun Life Mid Cap Fund Direct Growth
The Exit load of Aditya Birla Sun Life Mid Cap Fund Direct Growth is 1%