Market capitalisation is an indicator of size and value of a listed company’s shares. It is calculated by multiplying the market value of the share by the total number of shares outstanding in the market.

Listed stocks are categorised into 3 categories, based on market cap – Large cap, mid cap and small cap stocks.

Mid cap stocks are 101st -250th company in terms of full market capitalization.

An open-ended equity scheme predominantly investing in mid cap stocks with minimum of 65% investment in equity & equity related instruments of mid cap companies.

Mid cap stocks are of mid-sized companies. These tend to have high growth potential and can become the large caps of tomorrow; at the same time, they have controlled risk in comparison to small cap stocks.

They are best suited for long term investors looking to seize the mid-cap opportunity -likely high growth at lower risk than small caps.
The fund can be suited for investors who wish to rely on professional fund manager expertise for this purpose.

Aditya Birla Sun Life Midcap Fund requires a minimum of 65% allocation to equity instruments of midcap companies. The rest can be allocated towards equity instruments of large and/or small caps.

The fund offers a direct plan and a regular plan.

A direct plan is one in which investors invest in the fund directly through Aditya Birla Sun Life Mutual Fund and not through a distributor. The expense ratio of a direct plan fund is lower.

A regular plan is one in which investors’ investment in the fund are routed through a broker or distributor. The expense ratio of a regular plan fund is higher.

^the amounts can be distributed out of investors capital (Equalization Reserve), which is part of sale price that represents realized gains Note: IDCW is declared subject to the availability of distributable surplus as computed in accordance with SEBI Regulations. It must be distinctly understood that actual declaration of IDCW and frequency thereof is at the discretion of trustees. There is no assurance or guarantee to Unitholders as to the rate of IDCW distribution nor that the IDCW will be paid regularly.

An expense ratio is determined to cover fund management and other administrative costs of the fund. The expense ratio is as per prescribed limits, regulated by SEBI. The fund does not have any entry load. Exit load is only applicable in case of redemption of units within 90 days of allotment – 1% of NAV applicable in such cases. If units are held beyond 90 days, no exit load is charged.

No, having a demat account is not necessary for investing in this fund.

• Fresh Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/- thereafter

• Additional Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/-thereafter

• Repurchase for all Plans/Options: In Multiples of Rs. 1/- or 0.001 units.