Aditya Birla Sun Life Equity Advantage Fund Review

Aditya Birla Sun Life Equity Advantage Fund is a popular Large and Midcap Fund existing from decades. It’s long term journey created wealth to its investors despite many market corrections so far. Let us review the pperformance of aditya birla sun life equity fund in detail

Aditya Birla Sun Life Equity Advantage Fund Details

  • Launch Date-1995, February24th(Regular Plan), January 1st,2013(Direct Plan)
  • Benchmark-Nifty Large Midcap 250 Total Return Index
  • Returns since launch-18.06%(Regular Plan),18.72(Direct Plan)
  • Expense Ratio-1.96%(Regular Plan),1.06%(Direct Plan)
  • Assets under Management-6,082 crore
  • Turnover Ratio-40%

Investment Details

  • Type- Open Ended
  • Minimum Lumpsum Investment-1000 Rupees
  • Minimum Sip installment-1000 Rupees
  • Minimum Additional Investment-1000 Rupees
  • Exit Load-1% would be charged if redeemed within 1 year from the date of the investment
  • Lock in- Not Applicable.

Fund’s Performance over Benchmark

Year To Date1 Day1 Week1 Month3 Month6 Month1 Year3 Year5 Year7 Year10 Year
Nifty Large Midcap 250 TRI
37.01
-0.49-1.952.8913.5530.0557.0322.3816.6614.3315.59
Aditya Birla Sun Life Equity Advantage Regular Plan Performance
38.56
-0.94-3.631.5012.5229.0864.9824.1614.1415.8217.45
Aditya Birla Sun Life Equity Advantage-Direct Plan Performance
39.51
-0.93-3.611.5712.7729.6466.4225.2815.3316.94N.A
as on October 22

From the above performance chart, we can conclude Aditya Birla Sun Life Equity Advantage Fund outperforms in the long-run. Though there is a short term voltality, its long term performance is up to mark.

As Fund Returns would change daily on the day-to-day market movements, consult your financial advisor whether to invest in this scheme or not!

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