Aditya Birla Sun Life MNC Fund Direct Plan Growth
Equity
Direct
Equity - Other
NAV: ₹ 1315.7 as on 23-04-2024
Fund Performance
394 people have invested ₹ 38.1L in Aditya Birla Sun Life MNC Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 1 month, this fund has increased expense ratio by 1.6% moving from 1.28 to 1.30.
In the last 1 year, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 97.39% return, outperforming this fund by 61.44%.
In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 47.24% return, outperforming this fund by 35.93% per annum.
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 29% return, outperforming this fund by 18.94% per annum.
INDmoney Rank of Aditya Birla Sun Life MNC Fund Direct Plan Growth
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Pros
Larger AUM within category
Beats FD returns for both 3Y & 5Y duration
Cons
3Y returns in the bottom 25% of the category
About the Aditya Birla Sun Life MNC Fund Direct Plan Growth
Aditya Birla Sun Life MNC Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Chanchal Khandelwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life MNC Fund Direct Plan Growth has ₹3492 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.3.
Aditya Birla Sun Life MNC Fund Direct Plan Growth Overview
 | 1.3% |
 Benchmark | IISL Nifty MNC TR INR |
 | ₹3492 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 13.91% |
Aditya Birla Sun Life MNC Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Mid cap
57.1%
Small cap
22.7%
Large cap
19.8%
Sector Allocation
Consumer Cyclical
23%
Industrial
20.4%
Consumer Defensive
17.7%
Health
15.4%
Financial Services
10.1%
Basic Materials
8.1%
Tech
4.9%
Communication
0.5%
Top Holdings of Aditya Birla Sun Life MNC Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings61
Aditya Birla Sun Life MNC Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.65% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 0.18% in Mar'24
AUM Change
- AUM of the fund stands at 3.5K Cr as of Mar'24
- AUM decreased by 58.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life MNC Fund Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Siemens Ltd | 19.9% |
 Cummins India Ltd | 14.4% |
 Maruti Suzuki India Ltd | 7.7% |
Peer Analysis
Aditya Birla Sun Life MNC Fund Direct Plan Growth Fund Manager
Chanchal Khandelwal
Fund Manager of Aditya Birla Sun Life MNC Fund Direct Plan Growth, since 28 December 2021
Top funds managed
Aditya Birla Sun Life MNC Fund Direct Plan 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 15.16% since inception which is less than its category average return of 22.61%
Fund Allocations
This fund has an allocation of 99.57% in Equity, 0% in Debt and 0.43% in Cash related instruments
AUM size ₹3492 Cr
This fund has AUM of ₹3492 Cr which is more than its category average of ₹ 1778 Cr
Expense Ratio 1.3%
This fund has an expense ratio of 1.3% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life MNC Fund Direct Plan Growth is ₹1315.7 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Aditya Birla Sun Life MNC Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.32% | 4.32% |
6 Month Returns | 14.78% | 14.78% |
1 Year Returns | 35.95% | 35.95% |
3 Years Returns | 37.9% | 11.31% |
5 Years Returns | 61.48% | 10.06% |
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1.3% as on March 2024
₹3492 Cr as on March 2024
Maruti Suzuki India Ltd(5.68%), Cummins India Ltd(4.52%), Bayer CropScience Ltd(4.23%), Fortis Healthcare Ltd(4.13%), ICRA Ltd(4.09%) as on March 2024
Consumer Cyclical(22.88%), Industrial(20.3%), Consumer Defensive(17.59%) as on March 2024
The alpha ratio for the Aditya Birla Sun Life MNC Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life MNC Fund Direct Plan Growth | 5.83 | -5.83 | -4.73 |
As on March 2024
The alpha for Aditya Birla Sun Life MNC Fund Direct Plan Growth is calculated against IISL Nifty MNC 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 MNC Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life MNC Fund Direct Plan Growth | 0.66 | 0.78 | 0.91 |
As on March 2024
The Beta for Aditya Birla Sun Life MNC Fund Direct Plan Growth is calculated with IISL Nifty MNC 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 MNC Fund Direct Plan 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 MNC Fund Direct Plan Growth | 2.28 | 0.32 | 0.33 |
As on March 2024
The sharpe ratio for Aditya Birla Sun Life MNC Fund Direct Plan Growth is calculated with IISL Nifty MNC 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 MNC Fund Direct Plan 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 MNC Fund Direct Plan Growth | 9.9 | 11.45 | 15.45 |
As on March 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 0.53 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Chanchal Khandelwal is the fund manager of Aditya Birla Sun Life MNC Fund Direct Plan Growth
The Exit load of Aditya Birla Sun Life MNC Fund Direct Plan Growth is 1%