Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth
Equity
Direct
Mid-Cap
NAV: ₹ 761.27 as on 03-05-2024
About the Fund
Aditya Birla Sun Life Mid Cap Fund Direct Plan 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
- Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth has ₹4913 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Fund Performance
822 people have invested ₹ 1.2Cr in Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth in the last three months
Overview
 | 1.07% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹4913 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 16.15% |
Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Mid cap
69.4%
Small cap
16.9%
Large cap
12.1%
Sector Allocation
Financial Services
18.9%
Industrial
17.1%
Consumer Cyclical
16.8%
Basic Materials
16.6%
Health
9.7%
Tech
6.5%
Utilities
4.9%
Consumer Defensive
3.7%
Communication
3%
Real Estate
2.9%
Top Holdings of Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth as on (30-Apr-24)
Equity Holdings86
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Exide Industries Ltd | 48% |
Voltas Ltd | 21.5% |
 Gujarat Fluorochemicals Ltd | 14.6% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.00% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 1.16% in Mar'24
AUM Change
- AUM of the fund stands at 4.9K Cr as of Mar'24
- AUM decreased by 69.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 73.06% return, outperforming this fund by 19.93%.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 1.07% which is lower than the category average expense ratio of 1.17%.
In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 39.15% return, outperforming this fund by 13.22% per annum.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 35.47% return, outperforming this fund by 14.79% per annum.
Over the last 1 year, this fund has decreased expense ratio by 10.8% moving from 1.20 to 1.07.
INDmoney Rank
Powered by IND quant engine
17
/19
34% Performance
22% Risk Management
42% Cost
17 out of 19 among mid-cap
Pros
Beats FD returns for both 3Y & 5Y
Cons
Has not generated consistent returns
Does not beat the benchmark consistently
Poor track record of protecting capital in bear phase
Peer Analysis
Fund Manager
Anil Shah
Fund Manager of Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth, since 27 April 2020
Top funds managed
Aditya Birla Sun Life Mid Cap 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 17.74% since inception which is less than its category average return of 19.38%
Fund Allocations
This fund has an allocation of 98.33% in Equity, 0% in Debt and 1.67% in Cash related instruments
AUM size ₹4913 Cr
This fund has AUM of ₹4913 Cr which is less than its category average of ₹ 7349 Cr
Expense Ratio 1.07%
This fund has an expense ratio of 1.07% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth is ₹761.27 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.99% | 4.99% |
6 Month Returns | 25.86% | 25.86% |
1 Year Returns | 53.12% | 53.12% |
3 Years Returns | 99.7% | 25.93% |
5 Years Returns | 155.97% | 20.68% |
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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1.07% as on April 2024
₹4913 Cr as on April 2024
Torrent Power Ltd(3.69%), K.P.R. Mill Ltd(3.14%), Phoenix Mills Ltd(2.86%), Gujarat Fluorochemicals Ltd Ordinary Shares(2.84%), Fortis Healthcare Ltd(2.82%) as on April 2024
Financial Services(18.59%), Industrial(16.82%), Consumer Cyclical(16.51%) as on April 2024
The alpha ratio for the Aditya Birla Sun Life Mid Cap 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 Mid Cap Fund Direct Plan Growth | -1.21 | - | -2.97 |
As on April 2024
The alpha for Aditya Birla Sun Life Mid Cap Fund Direct Plan 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 Plan 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 Plan Growth | 0.93 | 0.89 | 0.92 |
As on April 2024
The Beta for Aditya Birla Sun Life Mid Cap Fund Direct Plan 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 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 Mid Cap Fund Direct Plan Growth | 2.85 | 1.32 | 0.76 |
As on April 2024
The sharpe ratio for Aditya Birla Sun Life Mid Cap Fund Direct Plan 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 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 Mid Cap Fund Direct Plan Growth | 13.05 | 14.05 | 20.79 |
As on April 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 2.69 as on April 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 Plan Growth
The Exit load of Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth is 1%