Fund Details
Aditya Birla Sun Life Equity Savings Fund Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.54% |
| NAV | ₹15.84 (20 Jan 2021) |
|---|---|
| Fund Started | 28 Nov 2014 |
| Fund Size | ₹482 Cr |
Returns
Comparison
1. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
8. Risk-adjusted returns are lower compared to the category
9. Higher expense ratio - 2.54%
10. 1Y Returns are lower than the category average returns
11. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Enterprises Ltd. | Services | Equity | 10.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 9.0% |
| Reliance Industries Ltd. | Energy | Equity | 6.4% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 5.1% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 5.1% |
| HDFC Bank Ltd. | Financial | Equity | 4.3% |
| GOI | Sovereign | CGL | 3.7% |
| Infosys Ltd. | Technology | Equity | 2.6% |
| Affle (India) Ltd. | Communication | Equity | 2.1% |
| ICICI Bank Ltd. | Financial | Equity | 2.0% |
Fund Managers
Aditya Birla Sun Life Equity Savings Fund Regular Growth Details
Aditya Birla Sun Life Equity Savings Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹482 Cr and the Latest NAV as of 20 Jan 2021 is ₹15.84.
The Aditya Birla Sun Life Equity Savings Fund Regular 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.
