Aditya Birla SL Advantage Fund is one of the best performing multi-cap equity funds in the market today. The fund stands amongst the few funds that have provided stellar returns during both, bull and bear market cycles.
Multicap funds portfolios can be adjusted more dynamically when the market experiences ups and downs, as and when the fund manager deems fit.
Aditya Birla SL Advantage Fund: Investment Objective
The scheme seeks to achieve long-term growth at relatively moderate levels of risk through a diversified investment approach.
The investment emphasis of this fund is on identifying companies with sound corporate management and prospects of good future growth.
Aditya Birla SL Advantage Fund Details
|Minimum SIP Investment||Rs.1000|
|Returns Since Launch||18.61%|
|Exit Load||1% for redemption within 365 days|
Aditya Birla SL Advantage Fund is an open-ended multi-cap equity fund which has given a return nearly 19% since its inception.
Its expense ratio is slightly on the higher side but the average risk grade and high return grade compensate for that. The fund carries an exit load of 1% on redemption within 365 days and has a turnover of 49%.
Aditya Birla SL Advantage Fund gave a return of nearly 18% in the last year.
The fund, managed by Satyabrata Mohanty, has outperformed its benchmark, S&P BSE 200, in its 3Y and 5Y performance giving returns of 12.19% and 22.10% respectively.
Aditya Birla SL Advantage Fund: Review
The fund’s portfolio has evenly distributed investments in large-cap stocks, mid and small-cap stocks. Large-cap stocks comprise nearly 50% of the fund portfolio, while small and mid-cap stocks comprise of the rest 50%.
Aditya Birla SL Advantage Fund has a strong dividend payout track record.
In terms of sector allocation, the fund invests in various sectors like automobile, construction, energy, cement and cement products, consumer goods, through investment in financial services is nearly one-third of the total corpus.
An investment of Rs.1,000 per month in the last one year would be worth Rs.12,917 today, with returns of 17.17% per annum.
The fund has been successful in creating wealth for its long term investors. It is suitable for investors looking for high capital appreciation over a long term period. Investors having long term financial objectives, like retirement planning, children’s education, can look into this fund.
How to Invest in Aditya Birla SL Advantage Fund?
Aditya Birla SL Advantage Fund is available for investment on the Groww. Simply log in to your account, choose the fund- Aditya Birla Sun Life Equity Fund – make payment and start your SIP!
Disclaimer: the views expressed here are of the author and do not reflect those of Groww.