Aditya Birla Sun Life Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Moderate Risk
7.74%
3Y annualised
+0.23% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Mar 2024₹21.54
Min. SIP amount₹1,000
Rating2
Fund size₹527.30Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns14.3%7.7%9.7%8.6%
Category average16.4%9.3%9.4%NA
Rank with in category182114NA
Understand terms

Holdings (131)

NameSectorInstrumentAssets
Aditya Birla Sun Life Money Manager Fund Direct-Growth
NAMutual Fund6.67%
ConstructionEquity5.13%
FinancialEquity5.13%
Cholamandalam Investment and Finance Company Ltd.
FinancialDebenture4.31%
ServicesEquity3.99%
HealthcareEquity3.82%
SovereignGOI Sec3.80%
FinancialEquity3.36%
CommunicationEquity3.23%
FinancialEquity2.88%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

Lower expense ratio: 0.6%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Low rating: 2
5Y annualised returns higher than category average by 0.33%

Expense ratio, exit load and tax

Expense ratio: 0.60%

Inclusive of GST

Exit load

0.25% for redemption within 7 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Vishal Gajwani
Jun 2023 - Present
View details

Education
Mr. Gajwani is CA and CFA (US)
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Nippon India Mutual Fund.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One World Center, Tower 1, 17th Floor, Jupiter Mill CompoundSenapati Bapat Marg, Elphinstone Road Mumbai 400013
Phone
NA
Launch Date
23 Dec 1994
Aditya Birla Sun Life Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

Aditya Birla Sun Life Equity Savings Fund Direct Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 4.7.6
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK MAHINDRA |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  BANDHAN |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  IDBI |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ |  BAJAJ