Fund Details
Aditya Birla Sun Life Frontline Equity Direct Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.09% |
| NAV | ₹299.11 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹19,575 Cr |
Fund Overview
Returns
Comparison
1. Lower expense ratio - 1.0%
2. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 15000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.7% |
| ICICI Bank Ltd. | Financial | Equity | 8.0% |
| Infosys Ltd. | Technology | Equity | 7.8% |
| Reliance Industries Ltd. | Energy | Equity | 5.9% |
| Bharti Airtel Ltd. | Communication | Equity | 4.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.0% |
| Axis Bank Ltd. | Financial | Equity | 2.8% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.6% |
| HCL Technologies Ltd. | Technology | Equity | 2.5% |
Fund Managers
Aditya Birla Sun Life Frontline Equity Direct Fund Growth Details
Aditya Birla Sun Life Frontline Equity Direct Fund Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Mahesh Patil is the Current Fund Manager of Aditya Birla Sun Life Frontline Equity Direct Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹19,575 Cr and the Latest NAV as of 20 Jan 2021 is ₹299.11.
The Aditya Birla Sun Life Frontline Equity Direct Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. Exit load of 1% if redeemed within 90 days.
Investment Objective
The scheme seeks long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and/ or sectors as its chosen benchmark index, Nifty 50. The secondary objective
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.
