Aditya Birla Sun Life MidCap Fund-Growth
Fund House: Aditya Birla Sun Life Mutual Fund| Category: Equity: Mid Cap |
| Launch Date: 05-10-2002 |
| Asset Class: Equity |
| Benchmark: NIFTY Midcap 150 TRI |
| TER: 1.94% As on (31-08-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 4,336.12 Cr As on (31-08-2023) |
| Turn over: 22% | Exit Load: 1% for redemption within 90 days |
563.59
-2.22 (-0.3939%)
21.18%
Benchmark: 17.21%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme aims at long-term growth of capital at controlled level of risk by investing primarily in mid-cap stocks, to generate returns higher than a fund focused on large and liquid stocks. A small portion of the portfolio may be kept in call & money market instruments in order to meet the liquidity needs.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 14.61 |
| Sharpe Ratio | 1.5 |
| Alpha | -0.98 |
| Beta | 0.9 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life MidCap Fund-Growth | 05-10-2002 | 17.73 | 10.99 | 29.21 | 14.16 | 18.85 |
| HDFC Mid-Cap Opportunities Fund - Growth Plan | 05-06-2007 | 28.97 | 20.04 | 34.92 | 18.94 | 22.69 |
| Taurus Discovery (Midcap) Fund - Regular Plan - Growth | 05-09-1994 | 27.01 | 14.83 | 27.33 | 16.83 | 20.85 |
| Mahindra Manulife Mid Cap Fund - Regular Plan - Growth | 05-01-2018 | 24.94 | 15.73 | 32.11 | 18.84 | - |
| Nippon India Growth Fund-Growth Plan-Growth Option | 05-10-1995 | 23.98 | 16.06 | 34.31 | 20.66 | 20.37 |
| WhiteOak Capital Mid Cap Fund Regular Plan Growth | 07-09-2022 | 22.99 | - | - | - | - |
| Tata Mid Cap Growth Fund Regular Plan- Growth Option | 01-07-1994 | 21.71 | 13.13 | 29.1 | 18.78 | 21.35 |
| Mirae Asset Midcap Fund - Regular Plan-Growth Option | 01-07-2019 | 19.64 | 13.52 | 33.06 | - | - |
| Invesco India Midcap Fund - Growth Option | 19-04-2007 | 19.52 | 11.79 | 26.91 | 17.37 | 21.59 |
| HSBC Midcap Fund - Regular Growth | 09-08-2004 | 19.03 | 9.31 | 23.13 | 13.23 | 20.85 |
Scheme Characteristics
Minimum investment in equity & equity related instruments of mid cap companies - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
16.19%
Others
4.31%
Large Cap
11.03%
Mid Cap
68.5%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
