March 25, 2025
RA Jainee
Aditya Birla (ABSL) Equity Savings Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Sahifund.com
NAV Growth: Rs 23.3700
NAV IDCW: Rs 15.2500
Suitable For Which Investors?
Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.
Fund’s Investment Strategy:
The scheme seeks to provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategies, arbitrage opportunities and pure equity investments.
Fund Manager:
1) Atul Penkar
Education: Mr.Penkar is a B.E. (Mechanical) and an MMS.
Experience: Prior to joining Aditya Birla Sun Life AMC, he was with Emkay Shares & Stock Brokers Ltd.
2) Lovelish Solanki
Education: He has done BMS and MMS in finance.
Experience: Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives – Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.
3) Harshil Suvarnkar
Education: Mr. Suvarnkar has doneB.Com, Masters in Management Studies (Finance) and Post Graduate Diploma in Securities Law.
Experience: Prior to Joining Aditya Birla Sun Life MF, he has worked with Indiabulls Housing Finance Limited,
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 7 days |
Basic Details of Aditya Birla (ABSL) Equity Savings Fund
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 28-Nov-14 |
| Return Since Launch | 8.57% |
| Benchmark | NIFTY Equity Savings TRI |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 653 Cr |
| (As on 28-Feb-2025) | |
| Expense | 0.62% |
| (As on 28-Feb-2025) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
| Turnover | 671.00% |
Trailing Returns (%) of Aditya Birla Equity Savings Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Equity Savings Dir | 0.91 | 0.30 | 1.17 | 0.86 | 0.86 | 8.20 | 8.02 | 12.95 | 8.38 | 8.45 |
| VR Equity Savings TRI | 0.13 | 0.75 | 3.15 | 0.02 | -4.33 | 8.04 | 9.89 | 14.56 | 9.91 | 8.98 |
| Hybrid: Equity Savings | -0.16 | 0.40 | 2.04 | -0.06 | -0.51 | 9.21 | 10.04 | 14.34 | 9.41 | 9.07 |
| Rank within category | 6 | 18 | 20 | 9 | 8 | 16 | 20 | 18 | 12 | 6 |
| Number of funds in category | 22 | 23 | 22 | 22 | 22 | 22 | 22 | 22 | 14 | 7 |
Peer Comparison of Aditya Birla Equity Savings 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 Equity Savings Dir | 1 star | 8.20 | 8.02 | 12.95 | 0.62 | 653 | 8.57 | 0.25 (7) | 10Y 3M | 671.00 |
| ICICI Pru Equity Savings Dir | 4 star | 8.24 | 8.88 | 13.06 | 0.50 | 12,610 | 8.59 | 0.25 (7) | 10Y 3M | 55.00 |
| Kotak Equity Savings Dir | 5 star | 8.47 | 11.74 | 15.60 | 0.65 | 7,897 | 10.11 | 1.00 (90) | 10Y 5M | 447.48 |
| SBI Equity Savings Dir | 4 star | 8.55 | 10.23 | 15.72 | 0.88 | 5,512 | 9.79 | 0.10 (15) | 9Y 9M | 475.00 |
| Sundaram Equity Savings Dir | 4 star | 11.59 | 12.54 | 15.92 | 0.77 | 1,033 | 9.34 | 0.50 (7) | 22Y 10M | 58.50 |
Portfolio Analysis of Aditya Birla (ABSL) Equity Savings Fund
| Number of Stocks | 116 |
| Number of Bonds | 15 |
| Average Maturity (yrs) | 3.99 |
| Top 10 Holdings | 40.15% |
| Portfolio P/B Ratio | 2.19 |
| Portfolio P/E Ratio | 15.10 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,04,864 | 2,64,826 |
| Giant (%) | 70.29 | 68.36 |
| Large (%) | 22.27 | 19.27 |
| Mid (%) | 7.41 | 8.84 |
| Small (%) | 0.02 | 4.09 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 175 | 118 |
| Macaulay Duration (yrs) | 3.21 | 2.76 |
| Average Maturity (yrs) | 3.99 | 4.15 |
| Yield to Maturity (%) | 6.79 | 7.04 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Equity Savings Fund
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