Overview
Aditya Birla Sun Life Equity Savings Fund Direct Growth
Aditya Birla Sun Life Mutual Fund
The scheme seeks to provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategies, arbitrage opportunities and pure equity investments.
Investments in Aditya Birla Sun Life Equity Savings Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 23.75
Fund Size (AUM)
₹631.6 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 1000
SIP: ₹100
Launch Date
28-Nov-2014
Expense Ratio
0.61%
Exit Load
Exit load of 0.25%, if redeemed within 7 days.
Benchmark
NIFTY Equity Savings Total Return Index
Standard Deviation
4.45
History
Performance & Ratios
1-Year SIP Return
3.75%
3-Year SIP Return
8.54%
5-Year SIP Return
8.75%
Mean Return
6.22%
Alpha
-0.02
Beta
0.49
Sharpe Ratio
0.36
Sortino Ratio
0.55
Information Ratio
-0.37
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 8.75% | 8.4% | 12.05% | 9.19% |
| Category Average | 8.41% | 9.11% | 11.94% | N/A |
| Rank Within Category | 16 | 20 | 16 | N/A |
Holdings (166)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.04% |
| Aditya Birla Sun Life Money Manager Fund Direct-Growth | None | Mutual Fund | 6.09% |
| Reliance Industries Ltd. | Energy | Equity | 5.21% |
| GMR Airports Ltd. | Construction | Equity | 3.53% |
| State Bank of India | Financial | Equity | 3.42% |
| Bharti Airtel Ltd. | Communication | Equity | 3.34% |
| GOI | Sovereign | GOI Sec | 3.29% |
| GOI | Sovereign | GOI Sec | 3.28% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.12% |
| Nexus Select Trust | Construction | REITs | 2.74% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth | 8043.3 | 9.18 | 12.02 | 0.65 | N/A |
| Edelweiss Equity Savings Fund Direct Growth | 577.29 | 11.51 | 11.28 | 0.6 | N/A |
| DSP Equity Savings Fund Direct Growth | 2517.21 | 12.76 | 11.08 | 0.41 | N/A |
| SBI Equity Savings Fund Direct Growth | 5670.63 | 9.55 | 10.46 | 0.89 | N/A |
| ICICI Prudential Equity Savings Fund Direct Growth | 12854.84 | 9.01 | 8.68 | 0.48 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 7, 10, 14, 20, 21, 28
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 6
AMC Details
Asset Management Company
Aditya Birla Sun Life Mutual Fund
Birla Sun Life Mutual Fund started their mutual fund on 23/12/1994 and its managing total assets of ₹2,24,938 Cr. Its ranked at 4 as per total assets at end of 30th Sep 2017. Aditya Birla Sun Life Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Aditya Birla Sun Life Mutual Funds is one of the best and biggest asset management companies in India. It has a strong presence across the financial industry and has more than 16,000 employees working under it.
They have four main visions that they aspire to achieve. The first being a leader in the mutual fund industry, rather than just being another competitor. The second is to be a role model by being the best in whatever they do. The third is to be a broad-based player to meet all the needs of their customers and the last is to become an integrated player to garner a competitive edge in the market.
Aditya Birla Sun Life Mutual Fund offers various mutual fund schemes across various categories and sub- categories. An investor can choose the particular fund he/she wants to invest in based on their financial goals.
Launch Date
1994-12-23T00:00:00.584Z
Total AUM
₹ 364797.32 Cr
Address
One World Center, Tower 1, 17th Floor, Jupiter Mill CompoundSenapati Bapat Marg, Elphinstone Road Mumbai 400013
Phone
None
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Aditya Birla Sun Life Equity Savings Fund Direct Growth
Aditya Birla Sun Life Mutual Fund
You May Be Interested In
Axis Multi Asset Allocation Direct Plan Growth
Multi Asset Allocation
Motilal Oswal Balance Advantage Fund Direct Growth
Dynamic Asset Allocation
Axis Aggressive Hybrid Fund Direct Growth
Aggressive Hybrid
Nippon India Equity Savings Fund Direct Growth
Equity Savings
LIC MF Conservative Hybrid Fund Direct Growth
Conservative Hybrid
Bandhan Conservative Hybrid Fund Direct Plan Growth
Conservative Hybrid
ITI Arbitrage Fund Direct Growth
Arbitrage
Bank of India Arbitrage Fund Direct Growth
Arbitrage
Axis Retirement Fund Conservative Plan Direct Growth
Conservative Hybrid
PGIM India Balanced Advantage Fund Direct Growth
Dynamic Asset Allocation
Explore More Mutual Funds
Equity Mutual Funds - Top Equity Fund Picks
Explore top equity mutual funds to diversify your portfolio. Filter by NAV, fund size, and more to find the best equity funds.
Debt Mutual Funds - Best Debt Fund Options
Discover top debt mutual funds for stable returns. Filter by NAV, fund size, and AMC to find the best debt funds for you.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Mid Cap Equity Funds
Find top mid cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Aditya Birla Sun Life Equity Savings Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Aditya Birla Sun Life Equity Savings Fund Direct Growth?
The top stocks held by Aditya Birla Sun Life Equity Savings Fund Direct Growth include HDFC Bank Ltd., Aditya Birla Sun Life Money Manager Fund Direct-Growth, Reliance Industries Ltd..
Which industries does Aditya Birla Sun Life Equity Savings Fund Direct Growth invest in?
Aditya Birla Sun Life Equity Savings Fund Direct Growth primarily invests in the following industries: Financial, None, Energy.
Who are the fund managers of Aditya Birla Sun Life Equity Savings Fund Direct Growth?
The fund managers of Aditya Birla Sun Life Equity Savings Fund Direct Growth are Atul Penkar and Lovelish Solanki and Harshil Suvarnkar.
How many years has the fund manager been managing Aditya Birla Sun Life Equity Savings Fund Direct Growth?
Atul Penkar:
Calculating...
Lovelish Solanki:
Calculating...
Harshil Suvarnkar:
Calculating...
What is the minimum investment for Aditya Birla Sun Life Equity Savings Fund Direct Growth?
The minimum investment for Aditya Birla Sun Life Equity Savings Fund Direct Growth is ₹1000 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Aditya Birla Sun Life Equity Savings Fund Direct Growth?
Calculating...
What are the average 3-year returns for Aditya Birla Sun Life Equity Savings Fund Direct Growth?
Calculating...
What is the expense ratio of Aditya Birla Sun Life Equity Savings Fund Direct Growth, and how does it compare to its category?
The expense ratio of Aditya Birla Sun Life Equity Savings Fund Direct Growth is 0.61%. The average expense ratio for similar funds in the Hybrid is Calculating....