Frequently Asked Questions
What is the current NAV of Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW?
Net asset value is the per unit price of the mutual fund. The NAV of funds changes every day. The latest NAV of Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW as of 22-04-2024 is 132.36.
What is the expense ratio of Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW?
The expense ratio of a mutual fund means the charges that you pay to the mutual fund company for managing your investments in the fund. This fund has an expense ratio of 1.37%.
What is the benchmark of Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW?
Aditya Birla Sun Life performance is primarily benchmarked against the NIFTY 500 TRI with NIFTY 50 TRI serving as an addition.
What is the AUM or size of Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW?
AUM or asset under management is the total value of the assets held by a mutual fund scheme. A fund with a high AUM means a lot of money has been invested in it. The AUM of Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW is Rs 5566.35 Crs.
Is Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW a safe fund to invest?
Every fund has different types of risk which are mentioned in the risko-meter. The investors are advised to understand their risk tolerance and decide which type of fund they can invest in.
Should I invest in Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW?
This fund has a consistency rating of which indicates that the fund has generated average returns. However, whatever returns that the fund delivers, it does so with exceptional consistency. You can consider this fund if the predictability of returns is what you are looking for.
What are the top 5 holdings of Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW?
The fund's top 5 holdings are in Bajaj holdings and investment Financial, Services, Automobile, Capital Goods, Energy.
How to start online SIP in Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCWs?
MySIPonline is a dedicated platform to start online SIP or mutual funds in any scheme of mutual funds. Firstly, the investor needs to complete KYC details, choose the best fund, add it to the cart, and make the payment through UPI, net banking, or debit card available on our site.
How can I redeem my investments in Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW?
Redeeming your investments in Aditya Birla Sun Life Equity Advantage Fund -Regular - IDCW is super easy.
• If you have invested this fund via MySIPonline, just log into the app, go to the investment section, and place your redemption request.
• If you have invested this fund from elsewhere, go to the fund house website and place your redemption request from there.
Is there any brokerage/advisory fees on Mutual Fund SIP transactions?
At MySIPonline, we do not charge any fees related to brokerage & advisory part. That makes us more accessible and cost-effective for a broader range of investors.
Who manages this fund, and what is their expertise?
Atul Penkar, Dhaval Joshi, with an extensive experience of 15 years while managing equity & related investments. He is focused on picking quality companies and holds them for a long duration to generate good compounding returns in their funds.
FAQs
Aditya Birla Sun Life Medium Term Plan Direct Growth
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.99% & 9.31%. The Aditya Birla Sun Life Medium Term Plan Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.
Is Aditya Birla SIP good? ›
Unlike a one-time investment plan, a small or significant amount invested under the Aditya Birla SIP plan fetches a better return on the investment. The returns grow consistently as the investor invests the premium continuously.
Which scheme is best in Aditya Birla Mutual Fund? ›
The top schemes in terms of AUM are Aditya Birla Sun Life Liquid fund, Aditya Birla Sun Life Frontline Equity Fund, and Aditya Birla Sun Life Corporate Bond Fund. Aditya Birla Sun Life AMC has 78.9 lakhs investor folios and a presence in over 290 locations across the country as on September 30, 2023.
How to invest in SIP with high returns? ›
Begin Small, Begin Early
- Begin Small, Begin Early. Beginning your investment journey ensures that you allocate more time to savings and growth. The regularity of investments offered by SIP, coupled with an early start ensures that you generate adequate returns on your investments. ...
- Boost your Investment Regularly:
Schemes Managed
| Scheme Name | Crisil Rank | 3Y Return (%) |
|---|
| Aditya Birla Sun Life Corporate Bond Fund - Direct Plan - Growth | 1 | 5.79 |
| Aditya Birla Sun Life Flexi Cap Fund - Direct Plan - Growth | 3 | 17.85 |
| Aditya Birla Sun Life Flexi Cap Fund - Regular Plan - Growth | 3 | 16.86 |
| Aditya Birla Sun Life Money Manager Fund - Retail - Growth | 3 | 5.82 |
11 more rowsHere are 5 mutual fund schemes with highest 3-year returns along with their expense ratios: Quant Small Cap Fund(G) tops the chart with over 39% returns followed by Quant Mid Cap Fund(G), Nippon India Small Cap Fund(G), Quant Flexi Cap Fund(G) and Motilal Oswal Midcap Fund-Reg(G) in the same pecking order.
Which SIP is most profitable? ›
List of Best SIP Funds in India Ranked by Last 5 Year Returns
- Parag Parikh Flexi Cap Fund. EQUITY Flexi Cap. ...
- Canara Robeco Bluechip Equity Fund. EQUITY Large Cap. ...
- Quant Active Fund. EQUITY Multi Cap. ...
- Kotak Bluechip Fund. ...
- SBI Focused Equity Fund. ...
- Quant Large and Mid Cap Fund. ...
- Quant Focused Fund. ...
- Edelweiss Large Cap Fund.
Latest Best Performing SIP Mutual Funds in 2024
| Fund Name | Fund Size (Crores) | 5-year Return |
|---|
| Quant Focused Fund | Rs.656 | 29.73% |
| Quant Active Fund | Rs.8,143 | 34.73% |
| Parag Parikh Flexi Cap Fund | Rs.55,034 | 27.02% |
| Edelweiss Large & Mid Cap Fund | Rs.2,734 | 25.00% |
6 more rowsTop 10 Best Mutual Funds SIP to Invest In India
- ICICI Pru Bluechip Fund.
- HDFC Flexi Cap Fund.
- Nippon India Small Cap Fund.
- HDFC Balanced Advantage Fund.
- ICICI Prudential Equity & Debt Fund.
- ICICI Prudential Corporate Bond Fund.
- ICICI Prudential Short Term Fund.
- LIC MF Gold ETF FoF.
Income Distribution Cum Capital Withdrawal (IDCW) from mutual funds is extra income over and above the capital appreciation. The truth behind this common misconception is that mutual fund funds (IDCW) are just capital appreciation, not over and above the same. You will receive it from your own capital. 2.
Investment Plan
Allow investors of growth plan to withdraw 90% of the appreciation amount at regular interval. 90% of Appreciation Amount in that month/ quarter, subject to a minimum payout of Rs. 500.
What is the old name of Aditya Birla mutual fund? ›
(ABSLAMC), formerly known as Birla Sun Life Asset Management Company Limited, is an investment managing company registered under the Securities and Exchange Board of India. It is a joint venture between the Aditya Birla Capital of India and the Sun Life Financial Inc.
Which SIP gives 30% return? ›
Equity Mutual Funds: Five-year SIP Performance
| Scheme | Current value of Rs 10,000 monthly SIP (Rs) | XIRR(%) |
|---|
| Tata Small Cap Fund | 12,98,194.31 | 31.90% |
| ICICI Prudential Smallcap Fund | 12,91,196.41 | 31.67% |
| Invesco India Smallcap Fund | 12,84,272.61 | 31.43% |
| DSP Small Cap Fund | 12,75,781.61 | 31.15% |
19 more rowsJan 25, 2024
Motilal Oswal Focused Fund Direct-Growth
Returns since inception: The fund has achieved average annual returns of 15.23% since its inception. Minimum investment: The minimum SIP investment is ₹500. Lock-in period: There is no lock-in period for this fund.
What happens if I invest $1,000 in SIP for 30 years? ›
If you were to invest Rs 1,000 per month into an equity SIP over a span of 30 years at 12 per cent per annum, you would have invested only Rs 3.6 lakhs. However, your portfolio's value would have grown to an impressive Rs 34.9 lakhs.
Can we invest in Aditya Birla Mutual Fund? ›
You can choose to invest online with Aditya Birla Sun Life Mutual Fund. Its extremely convenient and the fastest way to invest. To activate your online account, you will require having your email id registered and have an online banking account from where you would be required to make the investment.
What is the tax benefit of Aditya Birla Sun Life Mutual Fund? ›
When you invest in Aditya Birla Sun Life MF ELSS Funds, you become eligible for a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. In this, the amount invested by you gets deducted from your taxable income. It reduces your overall tax liability.
Is Aditya Birla Sun Life Insurance Safe? ›
About Aditya Birla Sun Life Insurance
The insurer has a CSR (claim settlement ratio) of 98.12% in the financial year 2022-23, which indicates a track record of settling claims quickly and efficiently. This suggests the reliability and customer-centric service of the insurance company.
How can I stop Aditya Birla Sun Life Mutual Fund? ›
1. The investor has the right to discontinue SIP at any time he/she so desires by sending a written request 30 calendar days in advance of the immediate next due date to any of the offices of Aditya Birla Sun Life Mutual Fund or its Authorized Collection Centres. On receipt of such request SIP will be terminated.
