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PlaystoreAditya Birla Sun Life AMC Limited
Aditya Birla Sun Life AMC Limited
Aditya Birla Sun Life Equity Savings Fund
Aditya Birla Sun Life Equity Savings Fund Overview
Aditya Birla Sun Life Equity Savings Fund is an open-ended scheme investing in equity, arbitrage and debt.
Investment Objective
To provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategies, arbitrage opportunities and pure equity investments.
The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved
Why one can invest:
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If you are looking for a hybrid fund with equity growth potential, risk-free arbitrage opportunities, and fixed income attribute of debt.
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If you are looking for Tax-efficient investment option for short-term investment
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If you are looking for a diversified hybrid portfolio with investments starting from Rs. 1,000
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If you are looking for an investment option for short to medium term investment goals
Click here to know more about equity mutual funds
Fund Details
CAGR
Latest NAV
(as on )
AUM
()
Inception Date
()
Risk
Investment Horizon
Medium to Long term, 2-3 years or more
Annualized Benchmark Returns
Min Investment
Entry load
NIL
Exit load
0.25%
In respect of each purchase/switch-in of Units: For redemption/switch out of units on or before 7 days from the date of allotment: 0.25% of applicable NAV. For redemption/switch out of units after 7 days from the date of allotment: Nil
Total Expense Ratio (TER)
Sharp Ratio
Beta Ratio
Other Parameters
Standard Deviation
Modified Duration
-
Yield to Maturity
-
Portfolio Turnover:
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Average Maturity
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Macaulay Duration
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Net Equity Exposure
-
Fund Managers
Mr. Pranav Gupta
Mr. Vishal Gajwani
Mr. Harshil Suvarnkar
Riskometer
(An open ended scheme investing in equity, arbitrage and debt)
This product is suitable for investors who are seeking
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- long term capital growth
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- Investments in equity and equity related securities in the domestic market (65 to 75%) and in international markets (25 to 35%)
*Investors should consult their financial advisers if in doubt whether the product is suitable for them
Portfolio & Sector Holdings
Retail
% of Net Assets
Dividend History
Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.
Investment Performance
IDCW Plan of this scheme has distributed income to its investors out of its earnings, from time to time. The details of the same is tabulated:| Declared on date | IDCW Yield (Regular Plan) | IDCW Per Unit | Cum IDCW NAV |
|---|
Fund Summary
- Investing in equity offers the potential for significant capital growth, which can make it an attractive option for investors.
- However, it's important to note that equity investments can also come with a high level of risk due to their volatile nature.
- Are there any investment options that provide the growth potential of equity investments while also managing risk in a different way?
- Equity Savings funds are a category of hybrid funds that invest across equity, debt and equity-based arbitrage. This mix provides the potential for capital growth from equity, along with some protection from the risk-free returns of arbitrage and stable income from debt.
- Aditya Birla Sun Life Equity Savings Fund is an equity-oriented hybrid fund that combines the growth benefit of equity with risk mitigation through arbitrage and debt. Being equity oriented, it aims to give better tax -efficient returns to a moderate investor, even for medium term investing.
- The fund seeks to earn capital growth and fixed income over a short to medium term investing period
Fund Discipline
- The Scheme aims to allocate a minimum of 65% (up to 80%) of its net assets to equity and equity related instruments including derivatives
- 20% to 60% of this would comprise of cash-future arbitrage (low risk component) and 20-45% would comprise of net long equity exposure
- The scheme can also allocate a minimum of 10% (up to 35%) in debt and money market instruments and up to 10% in units issued by REITs & InvITs.
- The equity portfolio will be created using a bottom-up approach through fundamental research
- A part of the portfolio will be managed using the arbitrage strategy by taking advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Futures).
Value Added Products
Salient features of CATP:
- Capital Appreciation Transfer Plan (CATP) is a modified version of STP. It allows investors to periodically transfer the capital appreciation earned by investment/s in other open-ended schemes of Aditya Birla Sun Life Mutual Fund, into this fund
- CATP is offered at monthly or quarterly intervals
Salient features of SIP:
Systematic Investment Plan (SIP) investing means automatically investing a pre-determined sum of money in this fund, at periodic and pre-determined time intervals.
Gives investors the benefit of rupee cost averaging.
SIP facility is augmented by several add ons such as Step-up SIPs, Pause SIP, Multi Scheme SIPs etc.
Click Here to know what is Sip?
Salient features of STP:
- Systematic Transfer Plan (STP) allows investors to periodically transfer pre-determined amounts from any open-ended scheme of Aditya Birla Sun Life Mutual Fund into Aditya Birla Sun Life Equity Savings Fund
- STP facility can be daily, weekly, monthly or quarterly
Salient features of SWP:
- Systematic Withdrawal Plan (SWP) allows investors to periodically withdraw fixed sums of money from the fund. This can take the form of withdrawal of fixed, pre-determined amounts or capital appreciation amount.
- Its primary objective is to meet the regular income needs of investors
Tax Applicability
Investment held for less than 12 months
Short Term Capital Gain Tax would be applicable. Any gains/profits would be taxed at 15% (plus applicable surcharge and cess).
Investment held for more than 12 months
Long Term Capital Gain Tax would be applicable. Long term capital gains tax is 10% without indexation (plus applicable surcharge and cess) provided the gain in a financial year is over Rs 1 Lakh. Cumulative Long term capital gains on equity and equity oriented funds upto Rs 1 Lakh in a financial year is not taxable.
Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.
Forms & Downloads
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Frequently Asked Questions
There are two ways in which investments in this fund can be made:
o Via Direct Plan – This involves direct purchase of units from the fund house i.e.: Aditya Birla Sun Life Mutual Fund
o Via Regular Plan – this involves purchasing units of the fund from a mutual fund distributor or broker of your choice
The only other difference between both these plans, is that they charge different expense ratios. This also results in a difference in their market NAVs although they have the same investing portfolio.
In a direct plan, the units are bought directly from Aditya Birla Sun Life Mutual Fund, thus they can be conveniently redeemed online from its webpage or app. Once logged in you must provide the redemption amount or the number of units you wish to redeem.
Yes, the Aditya Birla Sun Life Equity Savings Fund offers both SIP and lumpsum investing options to investors. The choice of mode of investing will be guided by your investing objective, risk appetite, investing term and affordability. This fund can also be suitable for STP investing, when investors want to re-balance their portfolio from debt to equity.
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