Aditya Birla Sun Life Equity Advantage Fund Growth - Latest NAV ₹423.24, Returns, Performance & Portfolio

Aditya Birla Sun Life Equity Advantage Fund Growth

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    7.39%
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    (+2.78)423.24

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Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 10.99 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years9.21%
5 Years7.39%
3 Years-1.07%
1 Year4.3%
6 Months29.31%
Fund Details
ISININF209K01165
RiskModerately High risk
Fund TypeLarge & Mid- Cap
NAV423.24
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd6.87%
HDFC Bank Ltd5.07%
Infosys Ltd4.91%
Crompton Greaves Consumer Electricals Ltd3.95%
Bajaj Finance Ltd3.93%
Info Edge (India) Ltd3.49%
Larsen & Toubro Infotech Ltd3.45%
Atul Ltd3.27%
Voltas Ltd3.02%
Ramco Cements Ltd2.76%

About Aditya BSL Equity Advantage Fund

The Aditya BSL Equity Advantage is an open-ended equity scheme. It seeks to generate long-term capital appreciation and income at relatively moderate levels of risk through diversified and research-based investment in equity and equity-related instruments of large and midcap companies. It was earlier known as Aditya Birla Sun Life Advantage Fund and was renamed as Aditya Birla Sun Life Equity Advantage Fund with effect from 04 June 2018.

Pros & Cons of Aditya BSL Equity Advantage Fund

  • The scheme primarily invests in stocks of large and midcap companies. Further, it also invests a small part (up to 30%) of its investible corpus in debt and money market instruments.
  • As on September 30, 2018, the scheme is ranked 4 under CRISIL’s Large and Mid-cap Fund category.
  • Further, it has generated returns of 17.42% per year over the last 10 years (as on January 18, 2019). However, the returns over the last year have been negative (-13.36%).

Fund Information and Statistics of Aditya BSL Equity Advantage Fund

Inception / Launch Date

The scheme was launched on 24 February 1995 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderately-high risk level associated with it.

Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

Mr. Satyabrata Mohanty is the Fund Manager of the Aditya BSL Equity Advantage Fund since October 17, 2011.

Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows:-

  • If any units are redeemed after the completion of 365 days from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 365 days from the date of allotment of the said units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Aditya BSL Equity Advantage Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units.
  • Long-term capital gains in excess of Rs. 1 lakh are taxed at 10% without indexation benefits.

About Aditya Birla Sun Life Mutual Fund

In 1994, the Aditya Birla Group’s experience in the Indian markets joined hands with the global experience of Sun Life Financial Inc. of Canada to establish Aditya Birla Sun Life Mutual Fund (ABSLMF). Over the years, the fund house has grown in popularity and earned the trust of millions of investors across the country. It offers a wide range of investment products catering to different investment goals and risk preferences of investors.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 10.99 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns