ABSL Equity Advantage Fund Consistent Gains From the Best Equity Instruments
What is ABSL Equity Advantage Fund? • It is an old and consistent scheme in the large and mid-cap category. • The fund aims to deliver long term gains to the investors from the best stocks in the large and mid-cap category. • It involves high risk in the short term and must be chosen only for long term goals. • The performance in negative market conditions have been decent but in the favourable market, outstanding gains can be delivered.
Funds' Objective Invest in the best large and mid cap companies in India
Deliver consistent returns under every market conditions
Deliver better long term capital gains to investors
To take reasonable risk and deliver better long term gains
Basic Details Category:
Equity: Large & MidCap
Assets:
Rs 5,285 crore (As on Jun 30, 2019)
Expense:
2.05% (As on May 31, 2019)
Fund House:
Aditya Birla Sun Life Mutual Fund
Launch Date:
24-Feb-95
Benchmark:
S&P BSE 200 TRI
Type:
Open-ended
Return since Launch:
17.20%
Minimum SIP Investment (Rs)
1,000
Exit Load (%)
1% for redemption within 365 days
Where Does it Invest? • As per the mandate, ABSL Equity Advantage Fund invests
Market Allocation
almost equally in the mid and large-cap stocks.
3.7
• A residual proportion is also invested in small-cap stocks. • Growth style of investment is strictly followed by the fund manager. • A total of 54 stocks are present in the portfolio. • The fund manager is overweight on financial and
47.09
41.8
construction sector. • Nearly 45% of the corpus is invested in stocks of financial sector. 7.41 Gi a nt (%)
La rge (%)
Mi d (%)
Sma l l (%)
Top Holdings Company
Sector
% Assets
HDFC Bank
Financial
9.06
ICICI Bank
Financial
8.46
Reliance Industries
Energy
6.19
Axis Bank
Financial
5.36
Bajaj Finance
Financial
4.09
Voltas
Cons Durable
4.02
RBL Bank
Financial
3.75
Shree Cement
Construction
3.69
State Bank of India
Financial
3.67
Kotak Mahindra Bank
Financial
3.04
Fund Manager
Mr Satyabrata Mohanty
B.Com(H), CA, CFA Senior Fund Manager at ABSL Mutual Fund
• Mr Mohanty has been handling the portfolio of ABSL Equity Advantage Fund since October 2011. • He has more than 17 years of experience in the asset management business and was previously associated with prominent financial firms.
Performance Measure YTD
1-Month
3-Month
1-Year
3-Year
5-Year
10-Year
Fund
2.11
-4.21
-0.72
-5.05
7.88
11.44
13.33
S&P BSE 200 TRI
3.72
-3.38
-1.52
3.17
12.00
10.58
12.81
Category
1.87
-2.94
-1.38
0.04
9.84
11.25
13.87
• The performance of ABSL Equity Advantage Fund has been impressive in the bullish market trends and the returns have been higher than peers and index. • The downsides in the negative market haven't been lower than most of the peers due to aggressive portfolio.
Who Should Invest? • ABSL Equity Advantage Fund involves high risk and the investment must be done by those who can tolerate volatility. • The investment must be done for a tenure of more than 5 years. • The fund is ideal for those who seek for a mid way between consistency and aggression of large and mid-cap mutual funds respectively. • The risk to reward ratio is decent and investors must take assistance of a financial expert before investing.
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Disclaimer: The information and suggestions of the funds in the presentation are for informative purpose only. The facts and figures in the presentation are as per the sources which include ValueResearch and Moneycontrol as on 12-7-2019. Mutual fund investments are subject to market risk. Read all the scheme related documents carefully.