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Aditya Birla Sun Life Multi Cap Fund Direct Growth
Aditya Birla Sun Life Mutual Fund is one of the leading mutual fund companies in India, with over 27 years of experience. It is a joint venture between Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. The assets under management of Aditya Birla Sun Life AMC as of September 2023 is ₹3.1L Cr
Investment Plans
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Guaranteed Tax Savings
Under sec 80C & 10(10D) -
₹1 Crore
Invest ₹10k per month* -
Zero LTCG Tax
In-built life cover
Top performing plans with High Returns**
Invest ₹10K/month & Get ₹1 Crore returns*
About Aditya Birla Sun Life Multi Cap Fund Direct Growth
Aditya Birla Sun Life Multi-Cap Fund Direct - Growth is a multi-cap mutual fund scheme offered by Aditya Birla Sun Life Mutual Fund. As of September 30, 2023, the fund has ₹4,514 Crores in assets under management (AUM), making it a medium-sized fund in its category. The fund aims to provide long-term capital appreciation by investing in a diversified portfolio of equity and equity-related securities across market capitalizations. Investors should consider their investment objectives, risk tolerance, and time horizon before investing in this fund.
Highlights of the Aditya Birla Sun Life Multi Cap Fund Direct Growth:
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Aditya Birla Sun Life Multi-Cap Fund Direct - Growth has delivered a return of 12.63% in the last 1 year.
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Since its launch, the fund has provided an average annual return of 16.24%.
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The majority of the fund's investments are in the Financial, Capital Goods, Healthcare, Materials, and Technology sectors.
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Compared to other funds in its category, Aditya Birla Sun Life Multi-Cap Fund Direct - Growth has taken less exposure in the Financial and Capital Goods sectors.
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The fund's top 5 holdings are ICICI Bank Ltd., Infosys Ltd., HDFC Bank Ltd., Polycab India Ltd., and Magma Fincorp Ltd.
Key Information About Aditya Birla Sun Life Multi Cap Fund Direct Growth
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Date of Incorporation | April 19, 2021 |
| Total AUM | ₹4,514 Crs |
| Fund Benchmark | Nifty 500 Multicap 50:25:25 TRI |
| NAV of the Fund | ₹14.54 |
| Min. SIP Investment | ₹500 |
| Expense Ratio | 0.61% |
| Returns since inception | 15.72% |
| Risk Level | Very High |
| Investment Objective | The scheme seeks to achieve long term growth of capital at commensurate levels of risk through a diversified research based investment in Large, Mid & Small cap companies. |
| Top Fund Managers | Harshil Suvarnkar Dhaval Shah |
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Performance of Aditya Birla Sun Life Multi Cap Fund Direct Growth
| As on 2nd November 2023 | 1 Year | 3 Years | 5 Years | 10 Years |
| Trailing Returns | 12.3% | 16.6% | 17.8% | 47.3% |
| Category Average | - | - | 16.7% | - |
What are the Top 10 Holdings of Aditya Birla Sun Life Multi Cap Fund Direct Growth?
The top 10 holdings of the Aditya Birla Sun Life Multi Cap Fund Direct Growth fund are:
| Top Holdings | Asset |
| ICICI Bank Ltd. | 4.92% |
| Infosys Ltd. | 4.67% |
| HDFC Bank Ltd. | 3.47% |
| Polycab India Ltd. | 2.62% |
| Poonawalla Fincorp Ltd. | 2.58% |
| Axis Bank Ltd. | 2.29% |
| State Bank of India | 2.15% |
| Larsen & Toubro Ltd. | 2.07% |
| Bharti Airtel Ltd. | 2.06% |
| The Federal Bank Ltd. | 2.05% |
What is the Equity Sector Allocation of Aditya Birla Sun Life Multi Cap Fund Direct Growth?
The equity sector allocation of the Aditya Birla Sun Life Multi Cap Fund Direct Growth fund is as follows:
| Sector | Weightage (%) |
| Financial | 26.34 % |
| Capital Goods | 13.38 % |
| Healthcare | 8.56 % |
| Materials | 7.92 % |
| Technology | 7.66 % |
| Automobile | 7.41 % |
| Services | 5.67 % |
| Construction | 4.52 % |
| Consumer Staples | 3.85 % |
| Energy | 2.46 % |
| Consumer Discretionary | 2.35 % |
| Communication | 2.06 % |
| Metals & Mining | 1.42 % |
| Chemicals | 1.24 % |
| Insurance | 1 % |
What is the Expense Ratio, Exit Load and Taxation of the Aditya Birla Sun Life Multi Cap Fund Direct Growth?
| Category | Percentage/Details |
| Expense Ratio | 0.62% |
| Exit Load | Exit load of 1% (redeemed within 90 days) |
| Stamp Duty | 0.005% (from July 1st, 2020) |
Types of Funds
Taxation
If you redeem your investment within a year, the returns will be subject to a 15% tax. However, if you hold onto your investment for more than a year, you will be liable to pay a Long Term Capital Gains (LTCG) tax of 10% on returns that exceed Rs 1 lakh in a financial year.
FAQ's
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What is the NAV of Aditya Birla Sun Life Multicap Fund Direct Growth?
The NAV of Aditya Birla Sun Life Multicap Fund Direct Growth as of November 2, 2023 is ₹14.54. -
Is Aditya Birla Sun Life Multi Cap Fund good?
Aditya Birla Sun Life Multi Cap Fund is a good fund overall. It has a good track record of performance, having outperformed its benchmark index over the long term. The fund is also well-managed by a team of experienced fund managers. -
What is the growth rate of Aditya Birla Sun Life Mutual fund?
The growth rate of Aditya Birla Sun Life Mutual Fund varies depending on the specific scheme that you invest in. However, overall, the fund's growth rate has been good over the long term.
For example, the Aditya Birla Sun Life Multi Cap Fund Direct Growth scheme has given an average return of 15% per annum over the past 10 years. This is higher than the average return of the Nifty 500 Multicap 50:25:25 Total Return Index, which is 12% per annum over the same period.
*All savings are provided by the insurer as per the IRDAI approved insurance
plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
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