January 18, 2024
mayank
Aditya Birla (ABSL) Frontline Equity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 473.3400
NAV IDCW: Rs 87.1400
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and/ or sectors as its chosen benchmark index, Nifty 50. The secondary objective
Fund Manager:
1) Mahesh Patil
Education: Mr. Patil is B.E (Electrical), MMS in Finance and Chartered Financial Accountant from ICFAI Hyderabad.
Experience: Prior to joining Aditya Birla Sun Life AMC he has worked with Reliance Infocom Ltd., Motilal Oswal Securities and Parag Parikh Financial Advisory Services Ltd.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 90 days |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 15.03% |
| Benchmark | NIFTY 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 25,898 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.99% |
| (As on 31-Dec-2023) | |
| Risk Grade | Below Average |
| Return Grade | Above Average |
| Turnover | 33.00% |
Trailing Returns (%) of Aditya Birla (ABSL) Frontline Equity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Frontline Equity Dir | -0.13 | -1.78 | 1.11 | 9.54 | 12.29 | 24.17 | 16.90 | 15.65 | 14.60 | 15.93 |
| S&P BSE 100 TRI | -0.37 | -1.94 | 1.03 | 10.14 | 11.75 | 23.29 | 16.72 | 16.32 | 16.00 | 15.10 |
| Equity: Large Cap | 0.20 | -1.60 | 1.84 | 12.28 | 15.47 | 26.65 | 16.81 | 16.11 | 15.26 | 15.07 |
| Rank within category | 48 | 60 | 54 | 57 | 55 | 51 | 23 | 24 | 34 | 14 |
| Number of funds in category | 98 | 98 | 98 | 97 | 96 | 93 | 61 | 50 | 43 | 43 |
Peer Comparison of Aditya Birla (ABSL) Frontline Equity Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ABSL Frontline Equity Dir | 4 star | 24.17 | 16.90 | 15.65 | 0.99 | 25,898 | 15.03 | 1.00 (90) | 11Y | 33.00 |
| ICICI Pru Bluechip Dir | 5 star | 28.91 | 19.93 | 17.88 | 0.93 | 47,929 | 16.13 | 1.00 (365) | 11Y | 26.00 |
| SBI Bluechip Dir | 4 star | 21.84 | 16.24 | 16.55 | 0.85 | 43,487 | 15.72 | 1.00 (365) | 11Y | 16.00 |
| Mirae Asset Large Cap Dir | 4 star | 19.48 | 14.75 | 15.62 | 0.54 | 37,969 | 16.81 | 1.00 (365) | 11Y | 22.00 |
| HDFC Top 100 Dir | 4 star | 30.74 | 21.15 | 16.64 | 1.08 | 30,262 | 14.80 | 1.00 (365) | 11Y | 17.55 |
Portfolio Analysis of Aditya Birla (ABSL) Frontline Equity Fund
| No. of Stocks | 82 |
| Top 10 Stocks | 48.50% |
| Top 5 Stocks | 34.10% |
| Top 3 Sectors | 49.98% |
| Portfolio P/B Ratio | 3.81 |
| Portfolio P/E Ratio | 24.97 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,02,289 | 3,31,280 |
| Giant (%) | 74.62 | 66.74 |
| Large (%) | 14.61 | 28.52 |
| Mid (%) | 10.77 | 5.28 |
| Small (%) | — | 2.23 |
| Tiny (%) | — | — |
How to Invest in Aditya Birla (ABSL) Frontline Equity Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Frontline Equity Fund
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
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