Aditya Birla Sun Life Frontline Equity Fund is an open ended equity scheme predominantly investing in large cap stocks.
The Fund has achieved a notable compound annual growth rate (CAGR) of 15.96%, showcasing its strong performance in the equity market. As of October 18, 2024, the fund’s latest Net Asset Value (NAV) is ₹578.37. With an impressive Assets Under Management (AUM) of ₹31,389.18 crores as of September 30, 2024, this fund strategically invests in large-cap stocks, aiming to deliver substantial long-term capital appreciation while ensuring a well-diversified portfolio that aligns with the NIFTY 100 TRI benchmark.
| Inception Date | NA |
| CAGR | 15.96% |
| Latest NAV | ₹ 578.37 (as on October 18, 2024) |
| AUM | ₹ 31,389.18 Crores (September 30, 2024) |
| Risk | Very high risk |
| Investment Horizon | 5 or more years |
| Min Investment | ₹ 100 |
| Entry load | NIL |
| Exit load | 1% |
The Aditya Birla Sun Life Frontline Equity Fund boasts a Total Expense Ratio (TER) of 0.96%, highlighting its cost-effectiveness in managing investor funds. Its Beta Ratio of 0.94 indicates that the fund is slightly less volatile than the broader market, making it a relatively stable choice for investors.
A Sharpe Ratio of 0.94, the fund demonstrates strong risk-adjusted returns, suggesting that it effectively balances risk and reward.
The Standard Deviation of 11.82% points to moderate fluctuations in returns, providing insight into its performance consistency.
Furthermore, with a portfolio turnover of ₹38.00 crores and a remarkable Net Equity Exposure of 98.69%, the fund emphasizes its focus on equity investments, positioning itself well for long-term growth opportunities.
| Total Expense Ratio (TER) | 0.96 % |
| Beta Ratio | 0.94 % |
| Sharpe Ratio | 0.94 % |
| Standard Deviation | 11.82 % |
| Portfolio Turnover | ₹ 38.00 CRs |
| Net Equity Exposure | 98.69 % |
Mr. Mahesh Patil
Mahesh Patil is the Chief Investment Officer (CIO) at Aditya Birla Sun Life AMC Limited, managing assets worth INR 3 lakh crore.
He has over 30 years of experience in fund and investment management and has been with Aditya Birla Sun Life AMC since October 2005.
Mahesh holds a Bachelor’s degree in Engineering from VJTI, an MBA from JBIMS, and is a qualified Chartered Financial Analyst. He received the India CIO of the Year award in 2016 and the Chairman’s Individual Award in 2015.
Mr. Dhaval Joshi
Dhaval Joshi has 15 years of experience in equity research and investments.
Before joining Aditya Birla Sun Life AMC Limited, he spent about 5 years at Sundaram Mutual Fund and has also worked as a research analyst at Emkay Global Financial Services and Asit C Mehta Investment Intermediates Ltd.
He is currently part of the investment team at Aditya Birla Sun Life AMC.
| Stock Name | % of Net Assets |
| HDFC Bank Ltd. | 7.75 % |
| ICICI Bank Ltd. | 7.05 % |
| Infosys Ltd. | 6.09 % |
| Reliance Industries Ltd. | 5.07 % |
| Larsen & Toubro Ltd. | 4.56 % |
| Housing Development Finance Corporation Ltd. | 3.60 % |
| Bharti Airtel Ltd. | 3.60 % |
| Mahindra & Mahindra Ltd. | 3.06 % |
| NTPC Ltd. | 3.03 % |
| Axis Bank Ltd. | 2.96 % |
| Sector | % of Net Assets |
| Financials | 27.69% |
| Energy | 9.58% |
| Technology | 9.13% |
| Automobile | 8.34% |
| Consumer Staples | 7.22% |
Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.
Investment Performance:
IDCW (Income Distribution Cum Capital Withdrawal) Plan of this scheme has distributed income to its investors out of its earnings, from time to time. The details of the same is tabulated:
Disclaimer: No content on this website should be treated as investment advice. All the content offered on the website is for informational purposes only. Please contact your adviser before making an investment.
FAQs:
Is the ABSL Frontline equity fund good?
What is the NAV of Birla Frontline fund?
You may also read:
IPOs : https://thebalancedportfolio.com/waaree-energies-ipo-ipo-size-ipo-key-date/
1. TCS Q4 FY25 Key Metrics2. Strong Revenue Growth and Healthy Profit Margins3. Order Book4.Growth… Read More
1. About the Company2. Products3. Results and Performance4. UPL hitorical share price5. UPL Ltd share… Read More
1. Fund Overview2. Key Features3. Fund Details4. Asset Allocation5. Investment Strategy6. Fund Managers7. Expense Ratio8.… Read More
1. About the Company2. Products3. Results and Performance: Adani Enterprise (ADEL) Share Price Target4. 52-week… Read More
1. About the Company2. Products3. Results and Performance4. 52-week Stock Summary and Past 12-month Stock… Read More
https://www.youtube.com/watch?v=0Uim2BapSpY 1. About the Company2. ProductsS144-140/160 (3.0 MW - 3.15MW)3. Results and Performance4. 52-Week Stock… Read More