One time Offer Get ET Money Genius at 80% OFF, at ₹249 ₹49 for the first 3 months.
close-calc
 
 

Get a free quote

Scan the QR Code to download the ET Money app
  • To scan the QR code you can use a QR code scanner app or your smartphone camera using Google lens.
  • After downloading the app, explore our products to help you live your choices.
ET Money one link
close
Sucess

Great! You have sucessfully subscribed for newsletters for investments

Subscribed email:

Aditya Birla Sun Life Equity Savings Fund Direct-Growth

Previously called: Birla SL Equity Savings Direct-G

NAV as of(Aug 11, 2023)

20.36 -0.1 % 1-D Change

8.51% p.a.

You get upto 1.02%extra returns

img

ET Money Rank

ET Money Rank

10

Out of 16

Consistency of returns

star 3.0 Average

Protection from volatility

star 2.5 Poor
fund-trend Recent trend

exclusive Reveal ET Money's review on this fund

thumbs

Unlock access to fund report card by free sign-up

  • Know if the fund has given consistent return
  • Also know if the fund has sustained protection from volatility
  • Get exclusive fund review, early alerts, trends and much more!

ET Money's Fund Report Card - Aditya Birla Sun Life Equity Savings Fund

ET Money Rank

15

Out of 20

ranking
Performance Quality info

Gooddrop-arrow

Generated returns consistently

3/5

Increased returns for each unit of additional risk info

2/5

Downside Protection info

Poordrop-arrow

Controlled losses during market corrections

2/5

Delivered returns without frequent ups and downs

2/5

Minimum SIP amount is ₹
Minimum Lumpsum amount is ₹

By continuing, I agree to the Declaration and T&Cs.

This fund vs
Show performance of:

Scheme Details

VRO Rating2
Expense ratio1.32% As on Jun 30, 2023
Exit Load0.25%info
AUM (Fund Size) 465 Crs
Lock-inNo Lockin
Age8 yrs 9 m Since Nov 11, 2014
BenchmarkNIFTY Equity Savings TRI
Min. Investment

SIP 1000 &

Lumpsum 1000

About Aditya Birla Sun Life Equity Savings Fund

Aditya Birla Sun Life Equity Savings Fund Direct-Growth is a Equity Savings mutual fund scheme from Aditya Birla Sun Life Mutual Fund. This fund has been in existence for 8 yrs 9 m, having been launched on 11/11/2014. Aditya Birla Sun Life Equity Savings Fund Direct-Growth has ₹465 Crores worth of assets under management (AUM) as on 30/06/2023 and is medium-sized fund of its category. The fund has an expense ratio of 1.32%, which is higher than what most other Equity Savings funds charge. Currently, the fund has a 20.24% allocation to equity and 26.44% to Debt.
  • Aditya Birla Sun Life Equity Savings Fund Direct-Growth returns of last 1-year are 9.34%. Since launch, it has delivered 8.51% average annual returns. The fund has doubled the money invested in it every 8 yrs.
  • Aditya Birla Sun Life Equity Savings Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
  • The fund's equity portion is primarily invested in Financial, Construction, Consumer Staples, Technology, Unclassified sectors. It has taken less exposure in Financial, Construction sectors compared to other funds in the category.
  • The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
  • The fund's top 5 holdings are in GMR Airports Infrastructure Ltd., Aditya Birla Sun Life Money Manager Fund Direct-Growth, ITC Ltd., GOI, Reserve Bank of India.
.....

Hidden risk is like a ticking bomb in your portfolio.

Control the damage before it's too late!

FREE Portfolio Health Check Available on ET Money app

Investment Returns Calculator

offor
Profit

You would have earned ₹ 1,001 more by investing in ET Money Direct Plan

Total valueProfit
This fund
Category Average
Bank FD
Gold

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Jul 31, 2023
Allocation by Market Cap

Large Cap 15.43%

Mid Cap 4.31%

Small Cap 0.5%

Other Cap -0%

Allocation by Sector

Financial 14.75%

Construction 12.01%

Consumer Staples 9.6%

Technology 9.31%

Top Debt Holdings

GOI 5.51%

Reserve Bank of India 5.21%

HDFC Bank Ltd. 4.07%

Housing Development Finance Corporation Ltd. 4.07%

Allocation by Credit Quality

Cash 45.91%

SOV 12.06%

A1+ 10.11%

Cash & Call Money 7.41%

Allocation by Instruments

Cash Margin 45.91%

Commercial Paper 8.14%

Mutual Fund 7.29%

Reverse Repo 5.84%

Other Holdings

Aditya Birla Sun Life Money Manager Fund Direct-Growth 7.29%

Others 1.65%

Comparison with equity savings Funds

as on Aug 14, 2023
Average
0.79%
0.54% p.a
This fund

Lowest
0.12%

Highest
1.65%
Pick time period to see return
  • 1m
  • 3m
  • 6m
  • 1y
  • 3y
  • 5y

Trailing Returns and Ranks

as on Aug 14, 2023
PeriodTrailing returnsCategory average
1 month0.54%0.79%
3 months4.46%4.51%
6 months7.27%7.35%
1 year8.93%9.6%
3 years11.52%12.08%
5 years7.75%8.48%

Riskometer

Level of Risk in the Scheme

Moderate

Investors understand that their principal will be at Moderate risk

Aditya Birla Sun Life Equity Savings Fund

HYBRID EQUITY SAVINGS

The scheme seeks to provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategies, arbitrage opportunities and pure equity investments.

  • Std. Dev : 6.25
  • Alpha : 1.65
  • Beta : 0.97
  • Sharpe : 1.18
  • Sortino : 2.24
  • Profile

    Harshil Suvarnkar

    Mr. Suvarnkar has doneB.Com, Masters in Management Studies (Finance) and Post Graduate Diploma in Securities Law.

    Prior to Joining Aditya Birla Sun Life MF, he has worked with Indiabulls Housing Finance Limited,

  • Profile

    Vishal Gajwani

    Mr. Gajwani is CA and CFA (US)

    Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Nippon India Mutual Fund.

  • Profile

    Pranav Gupta

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund

# SCHEMES

76

See all schemes

TOTAL AUM:

₹2,97,663 Crs

As on Jun 30, 2023

  • Address: One World Center, Tower 1,
    17th Floor, Jupiter Mill Compound
    Senapati Bapat Marg, Elphinstone Road
    Mumbai, 400013

Compare with similar Funds

Hide comparison
0

Frequently Asked questions

Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.

However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.

At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.

In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.

How are the returns of Aditya Birla Sun Life Equity Savings Fund ?

The Aditya Birla Sun Life Equity Savings Fund is a 8 yrs 9 m old fund and has delivered average annual returns of 8.51% since inception.

Aditya Birla Sun Life Equity Savings Fund Returns

1-Year3-Year5-YearSince Inception
8.93%11.52%7.75%8.51%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of Aditya Birla Sun Life Equity Savings Fund for Aug 11, 2023 is 20.36.

Aditya Birla Sun Life Equity Savings Fund has an ET Money Rank of # 15 of 20 and a consistency rating of 3.

This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.

On ET Money, Investing in Aditya Birla Sun Life Equity Savings Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. That's it. Your SIP or one-time investment in Aditya Birla Sun Life Equity Savings Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of Aditya Birla Sun Life Equity Savings Fund is 1.32%. .

Redeeming your investments in Aditya Birla Sun Life Equity Savings Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Aditya Birla Sun Life Equity Savings Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of Aditya Birla Sun Life Equity Savings Fund is ₹465 Crs.

The Aditya Birla Sun Life Equity Savings Fund's equity portion has been invested in the stocks of the following companies

CompanyPercentage of Portfolio
GMR Airports Infrastructure Ltd.8.22%
ITC Ltd.5.55%
Larsen & Toubro Ltd.3.28%
Tata Consultancy Services Ltd.2.85%
Tech Mahindra Ltd.2.58%
HDFC Bank Ltd.2.36%
Indusind Bank Ltd.2.33%
Adani Ports and Special Economic Zone Ltd.2.29%
Indus Towers Ltd.1.99%
Axis Bank Ltd.1.93%

The Aditya Birla Sun Life Equity Savings Fund's equity portion is primarily invested in the following sectors -

SectorPercentage of Portfolio
Financial14.75%
Construction12.01%
Consumer Staples9.6%
Technology9.31%
Energy5.04%
Services3.59%
Communication2.71%
Materials1.98%
Automobile1.96%
Unclassified1.66%

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Aditya Birla Sun Life Equity Savings Fund's debt portion's allocation by credit quality is given below
Credit QualityPercentage of Portfolio
Cash45.91%
SOV12.06%
A1+10.11%

The top 3 debt holdings of Aditya Birla Sun Life Equity Savings Fund are as follows

Holding NamePercentage of Portfolio
GOI5.51%
Reserve Bank of India5.21%
HDFC Bank Ltd.4.07%