Aditya Birla Sun Life Equity Advantage Fund - Regular Growth

Large and Mid Cap NAV 633.9600 0 08 June, 2023

Aditya Birla Sunlife Equity Advantage Fund is now a large and mid-cap fund that invests equally in stocks of large and mid-cap companies. Invest in this top performing scheme to gain long term capital appreciation. The risk factor is moderately high due to higher allocation in mid and small-cap stocks. Investors can invest through SIP for long term to get better advantage of this top performing mutual fund. 

Fund Details

Category Large and Mid Cap
Fund Type Open Ended
Investment Plan Growth
Launch Date 24 February, 1995
Benchmark S&P BSE 200
Asset Size(Cr) 4805.36 (As on 31-03-2023)
Turn over 62%
Min Investment ₹ 1000
Min SIP Investment ₹ 1000
Min Addl Investment ₹ 1000
Exit Load 1% for redemption within 90 days
Expense Ratio 1.72% (As on 31-03-2023)
Fund Manager Atul Penkar, Dhaval Joshi

Investment Returns (As on 08 Jun, 2023)

Duration Returns Benchmark Category
1 W 2.2% 1.58% 2.01%
1 M 4.38% 4.02% 4.3%
3 M 3.49% 1.44% 2.46%
6 M -2.93% 0.35% -0.5%
1 Y -2.49% 7.25% 6.48%
2 Y 4.28% 12.49% 12.7%
3 Y 20.75% 23.79% 25.31%
5 Y 7.36% 12.46% 10.92%

Risk Mesasures (As on 08 Jun, 2023)

Std Dev Sharpe Beta Alpha
Fund 16.14 1 -3.04 0.99
Benchmark 0 0 0 0
Returns Compare with Others
  • 1Y
  • 3Y
  • 5Y

Portfolio (As on 28 Feb, 2022)

Assets Allocation

Sector Holdings

Return Calculator

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Disclaimer: Above returns are calculated on the basis of historical NAV movement for the selected period. However, historical performance does not guarantee future returns. Investors must take investment decisions based on his/her own requirements.

Peer Comparison

Fund Name 1 Yr Rtn. 3 Yr Rtn. 5 Yr Rtn.
Aditya Birla Sun Life Equity Advantage Fund - Regular Growth -2.49% 20.75% 7.36%
Mirae Asset Emerging Bluechip Fund - Regular Plan - Growth Option 3.01% 25.55% 14.05%
DSP Equity Opportunities Fund-Regular Plan - Growth 7.86% 23.86% 10.68%

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Aditya Birla Sun Life Equity Advantage Fund - Enrich Your Investments with Multiple Benefits

Aditya Birla Sun Life Equity Advantage Fund is a highly chosen large and mid-cap mutual fund. It is an open-ended growth investment plan that aims to achieve wealth creation in the long run, by applying a diverse and research-based approach of investments. Aditya Birla Sunlife Equity Advantage Fund was previously known as Aditya BSL Advantage Fund and was grouped under the category of multi-cap mutual funds. As the allocation of the fund has always remained higher in the large and mid-cap stocks the re-categorisation hasn't affected the mandate to a great extent.

The investment strategy is designed in a way that the portfolio skims through moderate levels of risks towards capital appreciation. With more than two decades of operational experience in the mutual fund industry, this scheme has grown to be one of the finest spots of investments for the present and forthcoming generation of investors, and have also gained much popularity in the recent past due to its exceptional service record and the ability to counter-attack the turbulence in the market.

Though there is no scarcity of options in any category of mutual funds, the important question is which schemes are performing well, which of them deserve your attention and a spot in your portfolio, and which of them dwell a promising future? Aditya Birla Sun Life Advantage Fund G is the single answer that aptly concludes the above questions. We largely endorse this fund at MySIPonline as it has never let our clients’ expectations land in vain and has always served them better than what they had initially desired. 

All You Need to Know About Large and Mid Cap Funds

Large and Midcap Mutual Funds are the equity funds that invest predominantly in the stocks of large and mid-cap companies. These funds can take advantage of the rise and fall in either of the categories. As per the norms of SEBI, a large and mid-cap fund must invest a minimum of 35% of the corpus in each of large and mid-cap category. The large-cap companies are well established in the market and are financially stable. Hence, they offer lower risk and decent growth while a mid-cap company has a wider margin of growth but possess a higher risk than large-cap stocks. A combination of both the tools in the portfolio that is professionally managed by an expert allows fruitful gains at moderate to high levels of risk. In the last few years, mutual funds under large and mid-cap mandate have comparably done much better than all the other categories of mutual funds. 

Aditya Birla Sun Life Equity Advantage Fund G - Key Highlights

If you think that knowing the category and current market position of the fund is all that is required to commence an investment, then you have taken it all wrong as there’s a long checklist that you have to complete before choosing any fund. Hence, some of the most important details of Aditya Birla Sunlife Equity Advantage Fund (Growth) that demand your immediate attention have been shortlisted and arranged below, so that you become well-versed with the fund in every direction possible. Let’s check them out one by one: - 

The Fund Manager:

The fund manager holds the steering wheel of any mutual fund. The decisions and strategies of a fund manager greatly affect the performance of any mutual fund. Mr Satyabrata Mohanty has been handling the portfolio of Aditya BSL Equity Advantage Fund since 2011. He holds prestigious designation like B.Com(H), CA, CFA along with experience of more than 2 decades in the investment industry. He is highly proficient in handling the equity investments for ABSL Mutual Fund and has taken significant advantage of the favourable market conditions. 

The Performance Paragraph:

The performance of mutual funds in the past needs to be carefully analysed under different market conditions to get a better idea of the possible outcomes. Aditya Birla Sunlife Equity Advantage Fund is more than 20 years old and is still chosen by thousands of investors which itself speaks about its capacity to withstand the harsh tests that the market puts up in front of the scheme. This large and mid-cap fund has been a tremendous performer in the last few years and has rewarded the investors with superior gains. It possesses a slightly higher risk and must be chosen by investors who can stay invested for a tenure of more than 5 years. Investors can expect more than 15% annualised returns which can even go higher if the market supports the growth. SIP calculator at MySIPonline can be used for the calculation. 

The Major Portfolio Holdings:

There are two essential drills to enable a fund to cross the initial stages of development and then maintain the altitude of success - a robust fund management team and the strong support of sponsors. Thankfully, ABSL Equity Advantage Fund (Growth) is blessed with both of these necessities owing to its association with one of the largest AMCs in India, i.e. Aditya Birla Sunlife Mutual Fund. The allocation of the fund in the mid and small cap stocks generally remain equal to that of large-cap stocks while sectoral preference is given to financial and consumer stocks. 

In conclusion, it can only be said that Aditya Birla Sun life Equity Advantage Fund (G) is a solid investment option for those investors who are looking out for an A-grade scheme that could provide them good returns along with the stability. Being a large and mid-cap fund, it can very well take care of both these essential needs of the investors and can allow them to enhance their wealth, without worrying too much about ups and downs of the market. You can start by making a SIP investment in this scheme at MySIPonline and can fetch a clear long-term vision about your investments by using the SIP Calculator given at our portal.

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Meet Our Clients
I have been investing in mutual funds for the last 10 years and I can say that ABSL MF always comes up with the best schemes in the market. Aditya Birla Sun Life Equity Advantage Fund has impressed me with the track record and investment style. I have invested in this scheme through SIP and I believe this scheme has the ability to deliver mind-blowing returns in the long term.
Aditya Shah Kolkata, West Bengal
I invested in ABSL Equity Advantage Fund one year ago with this platform. The fund is delivering good returns to me, and I am glad that the distribution house is offering such splendid services. My financial consultant made me understood how the regular plans and their website could provide me benefit in the long run. They made my portfolio according to my needs and then helped me with every single problem I was facing in the investing.
Shivraj Thakur Delhi, India
When I invested in this scheme, it was a multi-cap fund but now it has become a large and mid-cap fund. As suggested by experts, I continued my SIP and today I am much happy with my decision. Aditya Birla Advantage Fund has delivered me better gains than any other scheme in my portfolio for the last few months. I am much satisfied with the results and planning to stay invested for the long term.
Surbhi Mundra Jaipur, Rajasthan
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