Aditya Birla Sun Life Equity Savings Fund Regular Plan Growth - Latest NAV ₹14.35, Returns, Performance & Portfolio

Aditya Birla Sun Life Equity Savings Fund Regular Plan Growth

  • highlight
    6.43%
  • highlight
    (+0.05)14.35

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Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.78 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.43%
3 Years3.16%
1 Year4.36%
6 Months12.11%
Fund Details
ISININF209KA1TS3
RiskModerately High risk
Fund TypeEquity Savings
NAV14.35
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd8.14%
Future on Adani Enterprises Ltd7.72%
Adani Enterprises Ltd7.7%
Future on HDFC Bank Ltd7.01%
Housing Development Finance Corp Ltd7%
Future on Reliance Elec Co New6.11%
Future on SunPharm5.01%
Sun Pharmaceuticals Industries Ltd4.98%
9.20% Govt Stock 20303.66%
HDFC Bank Ltd3.45%

About Aditya BSL Equity Savings Fund

The Aditya BSL Equity Savings is an open-ended equity scheme. It seeks to provide long-term capital growth and income distribution along with low volatility by using a mix of equity derivative strategies, arbitrage opportunities, and pure equity and debt and money market investments.

Pros & Cons of Aditya BSL Equity Savings Fund

  • The asset allocation of the scheme is 65%-80% in equity and equity-related instruments, 10%-35% in debt and money market instruments, and 0-10% in REITs and InvITs.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Equity Savings Fund category.
  • Further, it has generated returns of 8.38% per year over the last 3 years (as on January 18, 2019). However, the returns over the last year have been negative (-2.05%).

Fund Information and Statistics of Aditya BSL Equity Savings Fund

Inception / Launch Date

The scheme was launched on 28 November 2014 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)

The Fund Managers of the Aditya BSL Equity Savings Fund are:

  • Mr. Satyabrata Mohanty (since inception)
  • Mr. Pranay Sinha (since August 26, 2015)
  • Mr. Lovelish Solanki (since August 26, 2015)

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, and:
  1. The number of units redeemed is less than 15% of the units allotted, then the exit load = Nil
  2. The number of units redeemed is more than 15% of the allotted units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Aditya BSL Equity Savings 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.
  • LTCG (units are held for a period of more than 12 months), in excess of Rs 1 Lakh, is taxed at 10 percent without indexation benefits on the redemption of units.

About Aditya Birla Sun Life Mutual Fund

Established in 1994, the Aditya Birla Sun Life Mutual Fund (ABSLMF) is a joint venture between the Aditya Birla Group and Sun Life Financial Inc. from Canada. It is one of the leading fund houses in India with over 6.6 million investor folios and more than Rs, 2,500 billion of assets under management. It is also continuously working to deepen the mutual fund penetration in India. With smart solutions, user-friendly processes, and a plethora of investment products, ABSLMF has evolved to be a household name in Mutual Funds in India

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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. 9.78 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