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Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life Equity Advantage Fund |ABSL Equity Advantage Fund - ABSLMF

Aditya Birla Sun Life Equity Advantage Fund

(An open ended equity scheme investing in both large cap and mid cap stocks)

Class: Equity
Category: Large & Midcap
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Investment Objectives

The objective of the scheme is to achieve long-term growth of capital, at relatively moderate levels of risk through a diversified research based investment in Large & Midcap companies.

This product is specially designed for investors seeking

  • Long term capital growth and income
  • investment predominantly in equity and equity related securities as well as debt and money market instruments

Fund Positioning:


Value Added Products:

Systematic Investment Plan - Available Online & Offline for Direct & Regular investors to iron out intermittent market volatility and enable long term savings

Salient features of SIP:

Step-up SIP – This facility lets investors enhance the SIP amount during regular intervals. This allows you to make the most out of your SIP investments by increasing your contributions towards those schemes that are performing well. Additionally, you can also increase your investment amount when there is a hike in your pay.

Multi Scheme SIP Facility - The Facility enables investors to subscribe under various Schemes through SIP using a single application form and payment instruction.

Systematic Transfer Plan (STP) allows investors to save in both asset classes by transfering a fixed amount from one scheme and invest in another scheme

Investors have the option of:

  • Daily Systematic Transfer Plan
  • Weekly Systematic Transfer Plan
  • Monthly Systematic Transfer Plan
  • Quarterly Systematic Transfer Plan


Minimum Balance in the scheme at the time of enrollment for STP facility:

  • Daily Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.10,000/-
  • Weekly Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.6000
  • Monthly Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.6000
  • Quarterly Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.8000

Minimum Transfer Amount

For STP installments greater than Rs.500 but less than Rs.999, Investors are required to instruct for minimum 12 transfers of Rs.500 and in multiples of Re. 1thereafter. For STP installments of Rs.1000 and above, Investors are required to instruct for minimum 6 transfers of Rs.1000 and in multiples of Re. 1 thereafter.

Systematic Withdrawal Plan allows investors to withdraw a fixed amount of money from their mutual fund to build sustainable income streams while saving on Tax also

Investors have the option of:

Fixed Withdrawal - which allows investors of the Growth Plan to withdraw a fixed amount at regular intervals. Investors can withdraw fixed amount of Rs1,000/- each and above at regular intervals.

Appreciation Withdrawal - which allows investors of Growth Plan to withdraw the appreciation amount at regular intervals. Investors can withdraw appreciation of Rs1,000/- and above at regular intervals.

Withdrawal Frequency:

For Fixed Withdrawal Option: Investors can withdraw fixed amount on 1 or 7 or 10 or 14 or 20 or 21 or 28 of month/quarter/Half yearly and Annually for minimum 6 months/ 4 quarter/2 half years and 1 year. For Appreciation Withdrawal Option: Investors can withdraw appreciation on the 1 of each month/quarter for minimum 6 months/ 4 quarter.

Capital Appreciation Transfer Plan (CATP) allows investors to preserve their capital and transfer only capital appreciation to another asset class / scheme at regular intervals

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Fund Details

  • Fund Type - Open-Ended
  • Class - Equity
  • Category - Large & Midcap
  • Min Investment - Rs. 1000/-
  • Fund Manager - Mr. Satyabrata Mohanty
  • Latest NAV - 537.38 (as on 22-Apr-2021)
  • Inception Date - Feb 25, 1995
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Fund Performance

Graphical Data

Trailing Return

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Funds are bucketed on various parameters with respect to other funds in their category.
*Annualized returns are displayed for 1 year and above.

Annualized Returns

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Fund Management

  • Mr. Satyabrata Mohanty

    Total Experience : 23 years

    View Full Profile
    Satyabrata Mohanty is a Senior Portfolio Manager at Aditya Birla Sun Life AMC Limited (ABSLAMC). He has over two decades of experience in Finance and Research. He has handled responsibilities across Fund Management (Equity & Debt), Trading and Credit Research functions.

    He has been part of the Birla group for more than 17 years. Prior to joining ABSLAMC, he has worked with Aditya Birla Management Corporation Ltd & joined Aditya Birla Group as a Management Trainee.

    Satyabrata is a CA, CFA.
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Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.
To check an all-time best return rate for equity funds, check how they've performed in the last 3 or 5 years.

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Your Investment Summary

  • Investment AmountRs 5000
  • Initial units per month 29.5
  • Current valueRs 50,000
  • Current NAV value 260
  • Current Units 30
  • XIRR

    Internal rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals.

         5.10%
  • Benchmark XIRR

    Internal Rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals for respective benchmark index.

         8%

Portfolio and Sector Holdings

Top 10 Holdings (As on )

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Issuer % to Net Assets
Top 10 Sector Holdings Chart

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
1%: For redemption / switch-out of units within 365 days from the date of allotment (% of applicable NAV) NIL : For redemption / switch-out of units after 365 days from the date of allotment
**Exit Load is NIL for units issued in Dividend Reinvestment.

Highlights

  •  Alternative investment to a gold investment
  • No hassles like safe keeping of physical gold or loss on account of impurity/making charges

Consider you are out buying an expensive appliance for your home – your best bet at longevity would be to buy it from an established brand that is supported by strong manufacturing capabilities as well as robust after sales services. These brands have a good track record and have been time tested for their quality of product and service delivery and are thus the preferred choice of buyers looking to get the best out of their purchase.

When it comes to choices of funding long term and important goals such as your child’s education or buying a home, it is much like choosing an expensive appliance; where you can rely on the stability of established companies that have a good growth track record. This is the underlying premise of the Aditya Birla Sun Life Equity Advantage Fund – aim to grow your invested wealth by identifying companies with sound corporate managements and prospects of good future growth. Aditya Birla Sun Life Equity Advantage Fund invests predominantly in securities of large and mid-cap companies. The key of this fund is to focus on sectors that that have potential for growth in the years to come and identify companies with sound corporate managements and prospects of good future growth.

Suitable For: Long term goals

Ideal Investment Horizon: 3 years or more

Fund Investment Strategy:

The investment emphasis of the Scheme would be on identifying companies with sound corporate managements and prospects of good future growth. Past performance will also be a major consideration. Essentially, the focus would be on long-term fundamentally driven values. However, short-term opportunities would also be seized, provided they are supported by underlying values.

Aditya Birla Sun Life Equity Advantage Fund

(An open ended equity scheme investing in both large cap and mid cap stocks)

This product is specially designed for investors seeking*

  • Long term capital growth and income
  • investment predominantly in equity and equity related securities as well as debt and money market instruments

 

*We recommend investors to consult their financial advisers in case of doubt about whether the product is suitable for them.

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  • KIM - Aditya Birla Sun Life Equity Advantage Fund
  • SID - Aditya Birla Sun Life Equity Advantage Fund

  • Product Brochure

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Disclaimer

For further details on the Scheme, refer Scheme Information Document and Key Information Memorandum.

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