Aditya Birla Sun Life Infrastructure Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Sectoral/Thematic

Fund House : Aditya Birla Sun Life Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 30.03 -1.05%
(as on 10th December, 2019)

Crisil Rank

Below average performance among peers

Fund Size

: ₹ 509.31 Cr

(0.74% of Investment in Category)

Expense Ratio

: 1.91%

(1.45% Category average)

Risk-O-Meter

High

Sectoral/Thematic :Sectoral/Thematic : Fund has 97.66% investment in indian stocks of which 26.57% is in large cap stocks, 26.21% is in mid cap stocks, 40.41% in small cap stocks.

Suitable For : Investors who have advanced knowledge of macro trends and prefer to take selective bets for higher returns compared to other Equity funds. At the same time, these investors should also be ready for possibility of moderate to high losses in their investments even though overall market is performing better.

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6M
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This Scheme

VS

Benchmark
Nifty Infrastructure TRI

-1.23%

4.87%

-2.71%

10.31%

-2.65%

2.65%

0%
NA
-1.03%

6.12%

0.09%

10.57%

1.08%

7.71%

10.47%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 10th December, 2019)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	03-Dec-19	9690.20	-3.10%	-	-1.47%	99/103
1 Month	08-Nov-19	9740.50	-2.60%	-	-1.03%	82/103
3 Month	09-Sep-19	10104.30	1.04%	-	6.12%	91/101
6 Month	10-Jun-19	8609.50	-13.91%	-	0.09%	97/98
YTD	01-Jan-19	9271.40	-7.29%	-	1.01%	94/96
1 Year	10-Dec-18	9894.60	-1.05%	-1.05%	10.57%	91/93
2 Year	08-Dec-17	7610.20	-23.90%	-12.73%	1.08%	77/81
3 Year	09-Dec-16	11048.60	10.49%	3.38%	9.91%	72/80
5 Year	10-Dec-14	11483.70	14.84%	2.80%	7.71%	64/70
Since Inception	02-Jan-13	18400.70	84.01%	9.18%	10.47%	65/102

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 10th December, 2019)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	10-Dec-18	12000	11437.29	-4.69 %	-8.56 %
2 Year	08-Dec-17	24000	21475.29	-10.52 %	-10.3 %
3 Year	09-Dec-16	36000	32327.57	-10.2 %	-6.86 %
5 Year	10-Dec-14	60000	59740.3	-0.43 %	-0.17 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

Portfolio (Updated on 31st Oct,2019)

Portfolio Turnover Ratio : 45.00% | Category average turnover ratio is 26.25%

Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)

Equity Holding : 97.66% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.66%

No of Stocks : 48 (Category Avg - 32.28) | Large Cap Investments : 26.57%| Mid Cap Investments : 26.21% | Small Cap Investments : 40.41% | Other : 4.48%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Honeywell Automation India Ltd.	Industrial electronics	357.2	7.01%	-0.05%	7.79% (May 2019)	6.42% (Aug 2019)	12.72 k	0.00
Larsen & Toubro Ltd.	Engineering, designing, construction	264.9	5.20%	0.07%	5.2% (Oct 2019)	0% (Nov 2018)	1.80 L	0.00
Bharat Electronics Ltd.	Industrial electronics	257.6	5.06%	-0.04%	5.09% (Sep 2019)	2.57% (Nov 2018)	21.80 L	-2.48 L
Ultratech Cement Ltd.	Cement	255.8	5.02%	0.99%	5.02% (Oct 2019)	0% (Nov 2018)	61.75 k	13.75 k
National Thermal Power Corporation Ltd.	Power	232.5	4.57%	0.24%	4.7% (Aug 2019)	1.12% (Nov 2018)	19.00 L	0.00
Coal India Ltd.	Industrial minerals	226.6	4.45%	0.22%	4.45% (Oct 2019)	1.63% (Dec 2018)	10.92 L	0.00
PNC Infratech Ltd.	Construction civil	193.9	3.81%	-0.41%	4.22% (Sep 2019)	3.38% (Feb 2019)	11.40 L	0.00
NCC Ltd.	Engineering, designing, construction	168	3.30%	0.20%	3.3% (Oct 2019)	1.45% (Aug 2019)	29.07 L	0.00
Carborundum Universal Ltd.	Abrasives	151.8	2.98%	-0.57%	5.18% (Mar 2019)	2.98% (Oct 2019)	4.73 L	-1.37 L
Orient Refractories Ltd.	Castings/forgings	145.3	2.85%	0.13%	2.85% (Oct 2019)	2.28% (Jul 2019)	6.67 L	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	2.26%
Call	Call	0.50%
Net Receivables	Net Receivables	-0.43%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th November, 2019)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

15.54vs10.56

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

1.05vs0.57

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.01vs0.29

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Poor risk adjusted returns

-8.55vs-0.59

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Tata Banking And Financial Services Fund - Direct Plan - Growth	NA	371.97	1.48	12.87	5.29	29.81	21.68
Sundaram Select Thematic Funds Financial Services Opportunities - Direct Plan - Growth	NA	203.93	1.75	14.84	7.32	28.88	16.30
Taurus Banking and Financial Services Fund - Direct Plan - Growth	NA	8.45	2.30	16.28	7.34	28.43	20.04
Baroda Banking and Financial Services Fund - Plan B (Direct) - Growth	NA	45.27	1.98	14.13	5.10	26.88	16.87
SBI Banking & Financial Services Fund - Direct Plan - Growth	NA	1291.97	2.19	13.82	4.74	26.47	22.38
Nippon India US Equity Opportunities Fund - Direct Plan - Growth	NA	65.30	2.66	5.07	12.81	25.14	18.18
Invesco India Financial Services Fund - Direct Plan - Growth	NA	188.18	1.12	13.75	4.54	24.68	20.26
LIC MF BANKING & FINANCIAL SERVICES FUND - Direct Plan - Growth	NA	59.61	2.26	12.17	2.64	24.50	7.77
ICICI Prudential US Bluechip Equity Fund - Direct Plan - Growth	NA	394.36	1.50	8.41	17.66	23.90	16.62
BNP Paribas India Consumption Fund - Direct Plan - Growth	NA	453.24	-0.24	11.01	7.37	23.14	0.00

Detailed Comparison

More Funds from Aditya Birla Sun Life Mutual Fund

Out of 147 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 5 is/are ranked 4 * , 9 is/are ranked 3 * , 8 is/are ranked 2 * , 6 is/are ranked 1 * , and 118 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Aditya Birla Sun Life Liquid Fund - Direct Plan - Growth	1	50511.98	0.45	1.38	3.09	6.93	7.04
Aditya Birla Sun Life Frontline Equity Fund - Direct Plan - Growth	1	21211.02	-0.63	6.87	-0.10	10.30	10.72
Aditya Birla Sun Life Savings Fund - Direct Plan - Growth	4	15840.22	0.58	1.79	4.13	8.86	7.87
Aditya Birla Sun Life Equity Hybrid 95 Fund - Direct Plan - Growth	2	11607.99	-0.44	4.90	-0.36	7.24	7.71
Aditya Birla Sun Life Equity Fund - Direct Plan - Growth	3	11593.88	0.24	8.98	1.80	11.02	10.88
Aditya Birla Sun Life Money Manager Fund - Direct Plan - Growth	3	11144.63	0.54	1.63	3.89	8.41	7.71
Aditya Birla Sun Life Tax Relief 96 - Direct Plan - Growth	3	9997.63	-0.03	8.30	1.32	7.37	12.95
Aditya Birla Sun Life Banking & PSU Debt Fund - Direct Plan - Growth	3	9758.01	0.44	1.66	5.14	10.63	7.48
Aditya Birla Sun Life Low Duration Fund - Direct Plan - Growth	3	9538.43	0.55	1.96	4.55	9.45	8.16
Aditya Birla Sun Life Floating Rate Fund - Direct Plan - Growth	5	9191.06	0.54	1.87	4.36	9.15	7.89