Fund Details
Aditya Birla Sun Life Equity Savings Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.55% |
| NAV | ₹15.95 (25 Nov 2020) |
|---|---|
| Fund Started | 28 Nov 2014 |
| Fund Size | ₹483 Cr |
Returns
as per Historical Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio - 1.55%
3. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Enterprises Ltd. | Services | Equity | 9.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.9% |
| Reliance Industries Ltd. | Energy | Equity | 7.6% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 5.2% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 4.7% |
| GOI | Sovereign | CGL | 3.8% |
| HDFC Bank Ltd. | Financial | Equity | 3.6% |
| Infosys Ltd. | Technology | Equity | 2.6% |
| Honeywell Automation India Ltd. | Engineering | Equity | 2.2% |
| Larsen & Toubro Infotech Ltd. | Technology | Equity | 2.0% |
Fund Managers
Aditya Birla Sun Life Equity Savings Fund Direct Growth Details
Aditya Birla Sun Life Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 28 Nov 2014. Satyabrata Mohanty, Lovelish Solanki, Pranay Sinha is the Current Fund Manager of Aditya Birla Sun Life Equity Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹483 Cr and the Latest NAV as of 25 Nov 2020 is ₹15.95.
The Aditya Birla Sun Life Equity Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. For units in excess of 15% of the investment,1% will be charged for redemption within 365 days
Investment Objective
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.
Tax Implications
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.
