Fund Details
Aditya Birla Sun Life Mid Cap Direct Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.21% |
| NAV | ₹356.53 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,577 Cr |
Returns
Comparison
1. Lower expense ratio - 1.23%
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
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 |
|---|---|---|---|
| Coromandel International Ltd. | Chemicals | Equity | 4.8% |
| Mphasis Ltd. | Technology | Equity | 3.8% |
| Cholamandalam Financial Holdings Ltd. | Financial | Equity | 3.1% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 3.1% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 3.1% |
| Cadila Healthcare Ltd. | Healthcare | Equity | 2.9% |
| Sanofi India Ltd. | Healthcare | Equity | 2.6% |
| Tata Power Co. Ltd. | Energy | Equity | 2.6% |
| Phoenix Mills Ltd. | Construction | Equity | 2.4% |
| Torrent Power Ltd. | Energy | Equity | 2.4% |
Fund Managers
Aditya Birla Sun Life Mid Cap Direct Fund Growth Details
Aditya Birla Sun Life Mid Cap 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. Jayesh Gandhi is the Current Fund Manager of Aditya Birla Sun Life Mid Cap Direct Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,577 Cr and the Latest NAV as of 20 Jan 2021 is ₹356.53.
The Aditya Birla Sun Life Mid Cap Direct Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 365 days.
Investment Objective
The scheme aims at long-term growth of capital at controlled level of risk by investing primarily in mid-cap stocks, to generate returns higher than a fund focused on large and liquid stocks. A small portion of the portfolio may be kept in call & money market instruments in order to meet the liquidity needs.
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.
