Aditya Birla Sun Life Advantage Fund is an open-ended equity scheme. It was earlier known as Birla Sun Life Advantage Fund. The fund invests in the large and mid-cap companies, offering a relatively moderate level of risk to investors. Birla Sun Life Advantage Fund G aims at wealth creation from different business cycles by investing in equity and equity-related securities through fundamental research-based approach.
|Fund Type||Open Ended|
|Benchmark||S&P BSE 200|
|Asset Size(Cr)||13672.19 (As on Mar 31, 2019)|
|Fund Manager||Satyabrata Mohanty|
|Min SIP Investment||1000|
|Min Addl Investment||1000|
|Exit Load||1 % For 365 Days|
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
|Fund Name||Ratings||1 Yr Rtn.||3 Yr Rtn.||5 Yr Rtn.|
|Mirae Asset Emerging Bluechip Fund (G)||7.73%||20.07%||25.13%|
|Canara Robeco Emerging Equities Fund (G)||-0.08%||16.92%||24.15%|
|Sundaram large & Mid Cap Fund (G)||4.37%||16.57%||17.15%|
|Invesco India Growth Opportunities Fund (G)||3.26%||15.52%||16.2%|
|Kotak Equity Opportunities Fund (G)||4.6%||14.42%||16.71%|
|No. of Investment||Amount Invested||Investment Value As on date||Units Purchased||CAGR|
| No. of Investment
|| Amount Invested
|| Investment Value As on date
|| Units Purchased || CAGR
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
|Total Amount Invested||Investment Value As on Date||Total Units Purchased||Abs. Return|
| Total Amount Invested
|| Investment Value As on Date
|| Total Units Purchased || Abs. Return
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
|Sector||Value(In Cr)||Allocation (%)|
|Holdings||Instrument||Industry||Rating||Market Value||% to NAV|
Aditya Birla Sun Life Advantage Fund is a multi cap fund of the diversified equity category. 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. 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 in operation 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, but the important question is which schemes are performing well, which of them deserve your attention and a spot in your fund bag, and which of them dwell a promising future? Aditya Birla Sun Life Advantage Fund (Growth) 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.
A Little About Multi Cap Funds
Basically, mutual funds are known to exist in four broad categories - large cap, mid cap, small cap and sectoral mutual funds. The customers of each of these different categories bear different approach towards their investments. Those who are choosing small caps are amongst those who are comfortable with taking higher risks in return for good rewards. Those who prefer mid caps demand less risky funds to add in their portfolio, together with the condition that they should do decently well in terms of returns and stability.
Large caps are preferred by those who want a larger cover on the risk factor, since these funds comprise of stocks of well-established and giant companies that give the best security in comparison to other category funds. Sectoral funds are the main attraction of those who want to make industry-driven investments, say they wish to buy stocks in Cement, Automobile, Financial or Technology companies. Thus, every type of fund bears its own pros and cons, and Multi Cap Funds are the concentrated nectar of all these funds, as they involve investment in stocks of different categories ranging from small, mid and large cap funds. They could be also be called a sample version of all the mutual funds taken together, as every kind of stocks together build the multicap portfolio.
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 Advantage Fund (Growth) that demand your immediate attention have been shortlisted and arranged below, so that you become well-verse with the fund in every direction possible. Let’s check them out one by one: -
The Basic Details
The Net Assets Value or NAV, is the amount that you pay for buying a single unit of any mutual fund scheme. Hence, it can be also called the purchase price for a unit in any scheme. If you were to buy a unit in Aditya Birla Sunlife Advantage Fund (G) on 5th March, 2018, then you would have to pay an in-total price of Rs. 412.44. Further, the size of a fund is measured in terms of the assets it holds under its management. The bigger the corpus managed, the greater the fund is. As of 31st January, 2018, the assets managed by Aditya Birla Sun Life Advantage Fund were worth Rs. 5,966 crore.
The Performance Paragraph
Now that we have discussed about the NAV and the AUM, it’s time to move towards the discussion of the performance record of Aditya BSL Advantage Fund (G). As mentioned in the beginning, this fund is more than 20 years old in the market which itself speaks about its capacity to withstand the harsh tests that the market puts up in front of the schemes. The fund has coughed up outstanding returns soaring up to 16.03%, 10.62% and 22.34% within the 1-year, 3-year and 5-year investment horizon, respectively; the fund has yielded 18.50% over the course of its operations in the mutual fund industry.
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, Aditya BSL Advantage Fund (Growth) is blessed with both of these necessities owing to its association with one of the largest AMCs in India, Aditya Birla Sunlife Mutual Fund. Now, let’s have a look at the top stakeholders of this scheme: -
In conclusion, it can only be said that Aditya Birla Sunlife 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, together with the much needed stability. Being a multicap fund, it can very well take care of both these essential needs of the investors and provide them a source to enhance their wealth, without worrying too much about the market ups and downs. You can start by making an SIP investment in this scheme using 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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