Aditya Birla Sun Life AMC Limited

Ticker ABSL BSE India Infrastructure Index Fund is going live in

  • 0

    Day

  • 19

    Hour

  • 47

    Min

  • 41

    Sec

Ticker Close

Ticker ABSL BSE India Infrastructure Index Fund is going live in

  • Day

  • Hour

  • Min

  • Sec

Ticker Close

ABSL Equity Advantage Fund

Equity Large & MidCap

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

AUM (In crores)

NAV

Annualized Returns %

Annualized

Returns %

1 Year

3 Year

5 Year

Since Inception

Aditya Birla Sun Life Equity Advantage Fund

SIP Amount
Min . â‚ą 100

Lumpsum Amount
Min. â‚ą 1,000

Aditya Birla Sun Life Equity Advantage Fund Overview

Aditya Birla Sun Life Equity Advantage Fund is an open-ended equity scheme investing in both large cap and mid-cap stocks.

Investment Objective

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.

Why one can invest:

  • check-circle

    If you are looking for long-term growth of your investment

  • If you are looking to invest in large and mid-cap stocks with good growth potential

  • If you are looking to for a diversified portfolio of large and mid-cap stocks, with investments as little as Rs.1,000

  • If you are looking for an investment avenue for your long-term investing goals – 5 years or more

  • Click here to know more about equity mutual funds

Fund Details

CAGR

Latest NAV

(as on )

AUM

()

Inception Date

()

Risk

Investment Horizon

Long term, 5 years or more

Annualized Benchmark Returns

Min Investment

Entry load

NIL

Exit load

1%

information icon
For redemption / switch-out of units on or before 90 days from the date of allotment: 1.00% of applicable NAV

Total Expense Ratio (TER)

Sharpe Ratio

Beta Ratio

Other Parameters

Standard Deviation

Modified Duration

-

Yield to Maturity

-

Portfolio Turnover:

-

Average Maturity

-

Macaulay Duration

-

Net Equity Exposure

-

Fund Managers

Mr. Vishal Gajwani

With over 15 years of experience in...
Read More

Mr. Dhaval Joshi

Dhaval Joshi has an overall experie...
Read More


Riskometer

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

This product is suitable for investors who are seeking

  • Long term capital growth and income

  • investment predominantly in equity and equity related securities as well as debt and money market instruments

*Investors should consult their financial advisers if in doubt whether the product is suitable for them

Portfolio & Sector Holdings

Retail

% of Net Assets

Sector Holdings

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

- When choosing expensive gadgets most of us tend to veer towards established brands. This is essentially for their reliability and proven track record.

- In equity investing too may you want to look towards relatively established stocks with a robust background and a proven track record. At the same time, you also look for good growth potential as this is the mainstay of equity investing.

- Large and mid-cap funds can give you this combination. Large caps are from amongst the top 100 stocks by market cap, that are established leaders in their space. The mid-caps, from amongst the next 150 stocks by market cap, provides a wide universe from which stocks with considerable growth potential can be uncovered.

- Aditya Birla Sun Life Equity Advantage Fund is an open-ended large and mid-cap equity-oriented fund. It aims to build a diversified portfolio of large and mid-cap stocks that have good prospects for long-term capital growth.

Fund Discipline

- The Scheme aims to allocate a minimum of 35% of its net assets to equity and equity related instruments of large cap companies and another minimum of 35% to equity of mid-cap companies.

- The Scheme may also invest up to 30% in equity of other market caps and/or debt and money market instruments.

- The Scheme will emphasise on identifying companies with sound corporate managements and prospects of good future growth.

- 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

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. Gains/profits in excess of Rs. 1 lakh would be taxed at 10% without indexation (plus applicable surcharge and cess).

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

Portfolio

download icon

KIM

download icon

SID

download icon

Investors also viewed

Don’t know where to start? Start here!

Frequently Asked Questions

You can opt between two plans when choosing how to invest in this fund:
o Direct Plan – under this plan, you can directly subscribe to units of the fund from the fund house i.e.: Aditya Birla Sun Life Mutual Fund
o Regular Plan – under this plan, you can purchase units of the fund through a mutual fund distributor or broker of your choice

The other difference between both these plans, is that they apply different expense ratios.
Currently the regular plan has an expense ratio of ____%, whereas the direct plan charges a lower expense ratio of ____%.
Choosing a direct plan over regular plan, means your investments will be subject to a lower expense ratio which translates into better returns on your investment.

You can opt between two plans when choosing how to invest in this fund:
o Direct Plan – under this plan, you can directly subscribe to units of the fund from the fund house i.e.: Aditya Birla Sun Life Mutual Fund
o Regular Plan – under this plan, you can purchase units of the fund through a mutual fund distributor or broker of your choice

The other difference between both these plans, is that they apply different expense ratios.
Currently the regular plan has an expense ratio of ____%, whereas the direct plan charges a lower expense ratio of ____%.
Choosing a direct plan over regular plan, means your investments will be subject to a lower expense ratio which translates into better returns on your investment.

The fund charges an expense ratio of ____% on a regular plan and ____% on a direct plan. (As on _______)
This expense ratio is charged annually and is done so as to cover the fund management and administration costs. It is charged as a cost of investment from investors.

AUM or assets under management denotes the total outstanding market value of investments in Aditya Birla Sun Life Equity Advantage Fund that is being managed by the Aditya Birla Sun Life Mutual Fund.

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, Aditya Birla Sun Life Equity Advantage 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.

Download our mobile app

google play badge
app store badge
app qr code
Scan the QR code to get the link
  • Returns Calculator