Aditya Birla Sun Life Frontline Equity 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 : Large Cap Fund

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

: ₹ 238.81 -0.6%
(as on 21st June, 2019)

Crisil Rank

Average performance among peers

Fund Size

: ₹ 22001.9 Cr

(15.46% of Investment in Category)

Expense Ratio

: 1.12%

(1.22% Category average)

Risk-O-Meter

Moderately High

Large Cap Fund :Large Cap Fund : Fund has 98.04% investment in indian stocks of which 85.1% is in large cap stocks, 10.69% is in mid cap stocks, 2.24% in small cap stocks.Fund has 0.02% investment in Debt of which , 0.02% in funds invested in very low risk securities..

Suitable For : Investors who are looking to invest money for at least 3-4 years and looking for high returns. At the same time, these investors should also be ready for possibility of moderate losses in their investments.

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3M
6M
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This Scheme

VS

Benchmark
Nifty 50 TRI

0.46%

2.16%

9.73%

10.56%

11.81%

10.68%

0%
NA
1.03%

2.55%

8.23%

7.52%

8.14%

11.54%

12.07%

NA
Gold

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SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 21st June, 2019)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	14-Jun-19	9951.25	-0.49%	-	-0.43%	19/32
1 Month	21-May-19	10060.66	0.61%	-	1.03%	25/32
3 Month	20-Mar-19	10072.97	0.73%	-	2.55%	29/32
6 Month	21-Dec-18	10565.41	5.65%	-	8.23%	28/31
YTD	01-Apr-19	9907.48	-0.93%	-	1.47%	31/32
1 Year	21-Jun-18	10533.72	5.34%	5.34%	7.52%	24/31
2 Year	21-Jun-17	11320.16	13.20%	6.40%	8.14%	23/30
3 Year	21-Jun-16	13882.69	38.83%	11.56%	12.43%	22/29
5 Year	20-Jun-14	17474.75	74.75%	11.80%	11.54%	15/28
10 Year	-	-	-	-	-	-/-
Since Inception	02-Jan-13	23684.42	136.84%	14.26%	-	-/-

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 21st Jun,2019)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 year	21-Jun-18	12000	12511.04	4.26 %	7.98 %
2 years	21-Jun-17	24000	25323.32	5.51 %	5.25 %
3 years	21-Jun-16	36000	40694.44	13.04 %	8.13 %
5 years	21-Jun-14	60000	76864.08	28.11 %	9.84 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 31st May,2019)

Portfolio Turnover Ratio : 47.00% | Category average turnover ratio is 142.77%

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

Equity Holding : 98.04% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.04%

No of Stocks : 63 (Category Avg - 42.56) | Large Cap Investments : 85.1%| Mid Cap Investments : 10.69% | Small Cap Investments : 2.24% | Other : 0%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Cr)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
HDFC Bank Ltd.	Banks	23087.9	10.49%	0.48%	8.4% (Jul 2018)	8.4% (Jul 2018)	95.19 L	0.00
ICICI Bank Ltd.	Banks	17445.7	7.93%	0.31%	4.94% (Jun 2018)	4.94% (Jun 2018)	4.12 Cr	0.00
Infosys Ltd.	Computers - software	11272.9	5.12%	-0.09%	5.1% (Jul 2018)	5.1% (Jul 2018)	1.53 Cr	0.00
ITC Limited	Cigarettes	9851.1	4.48%	-0.36%	4.48% (May 2019)	4.48% (May 2019)	3.54 Cr	0.00
Housing Development Finance Corporation Ltd.	Housing finance	9439.9	4.29%	0.37%	1.87% (Sep 2018)	1.87% (Sep 2018)	43.25 L	0.00
State Bank Of India	Banks	9438.7	4.29%	0.39%	2.01% (Jun 2018)	2.01% (Jun 2018)	2.68 Cr	-9.65 L
Reliance Industries Ltd.	Refineries/marketing	8537.8	3.88%	0.10%	1.14% (Jun 2018)	1.14% (Jun 2018)	64.19 L	4.44 L
Larsen & Toubro Ltd.	Engineering, designing, construction	7686.1	3.49%	0.59%	2.05% (Oct 2018)	2.05% (Oct 2018)	49.35 L	1.96 L
Indusind Bank Ltd.	Banks	5297.3	2.41%	0.39%	1.65% (Sep 2018)	1.65% (Sep 2018)	33.00 L	5.37 L
Axis Bank Ltd.	Banks	5063.4	2.30%	0.12%	0.37% (Jul 2018)	0.37% (Jul 2018)	62.64 L	0.00

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

Detailed Portfolio Analysis

No of Debt Holding 1 (Category Avg - 0.59) | Modified Duration 0.00 Years (Category Avg - 1.51)| Yield to Maturity - -- (Category Avg - 0.00%)

Type of Holdings

Security Type	% Weight	Category Average
CD	0.00%	0.11%
T-Bills	0.00%	0.24%
CP	0.00%	0.03%
NCD & Bonds	0.02%	0.01%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	0.00%	0.00%
Low Risk	0.02%	0.14%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
Call	Call	0.83%
TREPS	TREPS	0.75%
MF Units	MF Units	0.31%
MF Units	MF Units	0.16%
Net Receivables	Net Receivables	-0.11%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 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

12.13vs11.19

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

0.94vs0.85

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.

Better risk adjusted returns

0.48vs0.45

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. 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 beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.06vs0.06

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

-1.15vs-0.59

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HDFC Top 100 Fund - Direct Plan - Growth	5	17475.32	2.38	3.30	11.61	16.17	15.68
Axis Bluechip Fund - Direct Plan - Growth	4	5745.63	2.13	6.69	11.47	12.05	16.66
Mirae Asset Large Cap Fund - Direct Plan - Growth	5	13064.85	1.53	2.06	8.51	11.35	16.50
Reliance Large Cap Fund - Direct Plan - Growth	5	13170.35	-0.03	1.09	7.47	11.26	15.80
Tata Large Cap Fund - Direct Plan - Growth	3	817.46	2.01	4.96	11.60	11.15	12.91
Canara Robeco Bluechip Equity Fund - Direct Plan - Growth	4	199.48	1.63	3.47	9.45	10.35	14.76
BNP Paribas Large Cap Fund - Direct Plan - Growth	3	787.66	2.47	5.22	11.12	10.00	12.02
L&T India Large Cap Fund - Direct Plan - Growth	3	493.11	1.13	4.48	10.49	9.44	12.06
Indiabulls Bluechip Fund - Direct Plan - Growth	4	243.92	0.68	3.08	8.63	9.38	14.16
LIC MF Large Cap Fund - Direct Plan - Growth	2	289.57	1.88	4.61	7.90	9.18	11.89

Detailed Comparison

More Funds from Aditya Birla Sun Life Mutual Fund

Out of 155 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 5 is/are ranked 4 * , 10 is/are ranked 3 * , 10 is/are ranked 2 * , 3 is/are ranked 1 * , and 126 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	3	61142.99	0.61	1.88	3.70	7.60	7.20
Aditya Birla Sun Life Frontline Equity Fund - Direct Plan - Growth	3	22001.90	0.61	0.73	5.65	5.34	11.56
Aditya Birla Sun Life Savings Fund - Direct Plan - Growth	3	15787.86	0.76	2.23	4.46	8.72	8.09
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan - Growth	3	15574.93	1.30	2.78	5.15	9.78	8.22
Aditya Birla Sun Life Equity Hybrid 95 Fund - Direct Plan - Growth	2	13083.39	1.07	0.36	4.06	2.43	9.72
Aditya Birla Sun Life Equity Fund - Direct Plan - Growth	3	11299.31	-0.09	0.13	3.91	3.81	14.35
Aditya Birla Sun Life Money Manager Fund - Direct Plan - Growth	4	11117.15	0.74	2.16	4.29	8.61	7.61
Aditya Birla Sun Life Tax Relief 96 - Direct Plan - Growth	4	8912.66	-0.88	-1.45	0.90	-1.69	12.50
Aditya Birla Sun Life Low Duration Fund - Direct Plan - Growth	3	8639.88	0.79	2.19	4.55	9.01	8.21
Aditya Birla Sun Life Medium Term Plan - Direct Plan - Growth	1	7501.34	0.79	1.64	1.57	5.00	7.38