How to Invest in Aditya Birla Sun Life Equity Savings Fund Direct Growth?

You can easily invest in Aditya Birla Sun Life Equity Savings Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Aditya Birla Sun Life Equity Savings Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Aditya Birla Sun Life Equity Savings Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Aditya Birla Sun Life Equity Savings Fund Direct Growth provide?

The Aditya Birla Sun Life Equity Savings Fund Direct Growth has been there from 28 Nov 2014 and the average annual returns provided by this fund is 9.09% since its inception.

How much expense ratio is charged by Aditya Birla Sun Life Equity Savings Fund Direct Growth?

The term Expense Ratio used for Aditya Birla Sun Life Equity Savings Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Aditya Birla Sun Life Equity Savings Fund Direct Growth is 0.55% as of 04 Dec 2023...

What is the AUM of Aditya Birla Sun Life Equity Savings Fund Direct Growth?

The AUM, short for Assets Under Management of Aditya Birla Sun Life Equity Savings Fund Direct Growth is ₹504.68Cr as of 04 Dec 2023.

How to Redeem Aditya Birla Sun Life Equity Savings Fund Direct Growth?

If you want to sell your Aditya Birla Sun Life Equity Savings Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the PE and PB ratio of Aditya Birla Sun Life Equity Savings Fund Direct Growth?

The PE ratio ratio of Aditya Birla Sun Life Equity Savings Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Aditya Birla Sun Life Equity Savings Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Aditya Birla Sun Life Equity Savings Fund Direct Growth
Hybrid
Equity Savings
Low to Moderate Risk
8.93%
3Y annualised
+0.14% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹20.89
Min. SIP amount₹1,000
Rating2
Fund size₹504.68Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns9.1%8.9%9.1%8.5%
Category average9.6%9.5%8.4%NA
Rank with in category161913NA
Understand terms
Holdings (70)NameSectorInstrumentAssets
GMR Airports Infrastructure Ltd.
ConstructionEquity7.1%
Aditya Birla Sun Life Money Manager Fund Direct-Growth
NAMutual Fund6.8%
Reserve Bank of India
FinancialT-Bills4.9%
Cholamandalam Investment and Finance Company Ltd.
FinancialEquity4.5%
HDFC Bank Ltd.
FinancialEquity4.3%
Kotak Mahindra Bank Ltd.
FinancialEquity4.3%
Sun Pharmaceutical Industries Ltd.
HealthcareEquity4.0%
Indusind Bank Ltd.
FinancialEquity3.9%
HDFC Bank Ltd.
FinancialCP3.8%
ICICI Bank Ltd.
FinancialEquity3.0%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Hybrid Equity Savings
Pros
Cons
Lower expense ratio: 0.55%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Low rating: 2
5Y annualised returns higher than category average by 0.69%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.55%
23 Nov 2023 - 24 Nov 2023
0.55%
22 Nov 2023 - 23 Nov 2023
0.55%
21 Nov 2023 - 22 Nov 2023
0.55%
20 Nov 2023 - 21 Nov 2023
0.55%
17 Nov 2023 - 20 Nov 2023
0.55%
16 Nov 2023 - 17 Nov 2023
0.55%
15 Nov 2023 - 16 Nov 2023
0.55%
13 Nov 2023 - 15 Nov 2023
0.55%
10 Nov 2023 - 13 Nov 2023
0.55%
09 Nov 2023 - 10 Nov 2023
0.55%
08 Nov 2023 - 09 Nov 2023
0.55%
07 Nov 2023 - 08 Nov 2023
0.55%
06 Nov 2023 - 07 Nov 2023
0.55%
03 Nov 2023 - 06 Nov 2023
0.55%
02 Nov 2023 - 03 Nov 2023
0.55%
01 Nov 2023 - 02 Nov 2023
0.55%
31 Oct 2023 - 01 Nov 2023
0.55%
30 Oct 2023 - 31 Oct 2023
0.55%
27 Oct 2023 - 30 Oct 2023
0.55%
26 Oct 2023 - 27 Oct 2023
0.55%
25 Oct 2023 - 26 Oct 2023
0.55%
23 Oct 2023 - 25 Oct 2023
0.55%
20 Oct 2023 - 23 Oct 2023
0.55%
19 Oct 2023 - 20 Oct 2023
0.55%
18 Oct 2023 - 19 Oct 2023
0.55%
17 Oct 2023 - 18 Oct 2023
0.55%
16 Oct 2023 - 17 Oct 2023
0.55%
13 Oct 2023 - 16 Oct 2023
0.55%
12 Oct 2023 - 13 Oct 2023
0.55%
11 Oct 2023 - 12 Oct 2023
0.55%
10 Oct 2023 - 11 Oct 2023
0.55%
09 Oct 2023 - 10 Oct 2023
0.55%
06 Oct 2023 - 09 Oct 2023
0.55%
05 Oct 2023 - 06 Oct 2023
0.55%
04 Oct 2023 - 05 Oct 2023
0.55%
03 Oct 2023 - 04 Oct 2023
0.55%
30 Sep 2023 - 03 Oct 2023
0.55%
29 Sep 2023 - 30 Sep 2023
0.55%
27 Sep 2023 - 29 Sep 2023
0.55%
26 Sep 2023 - 27 Sep 2023
0.55%
25 Sep 2023 - 26 Sep 2023
0.55%
22 Sep 2023 - 25 Sep 2023
0.55%
21 Sep 2023 - 22 Sep 2023
0.55%
20 Sep 2023 - 21 Sep 2023
0.55%
18 Sep 2023 - 20 Sep 2023
0.55%
15 Sep 2023 - 18 Sep 2023
0.55%
14 Sep 2023 - 15 Sep 2023
0.55%
13 Sep 2023 - 14 Sep 2023
0.55%
12 Sep 2023 - 13 Sep 2023
0.55%
11 Sep 2023 - 12 Sep 2023
0.55%
08 Sep 2023 - 11 Sep 2023
0.55%
07 Sep 2023 - 08 Sep 2023
0.55%
06 Sep 2023 - 07 Sep 2023
0.55%
05 Sep 2023 - 06 Sep 2023
0.55%
04 Sep 2023 - 05 Sep 2023
0.55%
01 Sep 2023 - 04 Sep 2023
0.55%
31 Aug 2023 - 01 Sep 2023
0.55%
31 Jul 2023 - 31 Aug 2023
0.55%
30 Jun 2023 - 31 Jul 2023
1.32%
31 May 2023 - 30 Jun 2023
1.26%
30 Apr 2023 - 31 May 2023
1.25%
31 Mar 2023 - 30 Apr 2023
1.25%
28 Feb 2023 - 31 Mar 2023
1.21%
31 Jan 2023 - 28 Feb 2023
1.21%
31 Dec 2022 - 31 Jan 2023
1.22%
31 Dec 2022 - 31 Dec 2022
1.22%
30 Nov 2022 - 31 Dec 2022
1.29%
30 Nov 2022 - 30 Nov 2022
1.29%
30 Nov 2022 - 30 Nov 2022
1.29%
31 Oct 2022 - 30 Nov 2022
1.29%
31 Oct 2022 - 31 Oct 2022
1.29%
31 Oct 2022 - 31 Oct 2022
1.29%
30 Sep 2022 - 31 Oct 2022
1.28%
30 Sep 2022 - 30 Sep 2022
1.28%
30 Sep 2022 - 30 Sep 2022
1.28%
31 Aug 2022 - 30 Sep 2022
1.34%
31 Aug 2022 - 31 Aug 2022
1.34%
31 Jul 2022 - 31 Aug 2022
1.34%
31 Jul 2022 - 31 Jul 2022
1.34%
31 Jul 2022 - 31 Jul 2022
1.34%
30 Jun 2022 - 31 Jul 2022
1.41%
30 Jun 2022 - 30 Jun 2022
1.41%
31 May 2022 - 30 Jun 2022
1.47%
31 May 2022 - 31 May 2022
1.47%
30 Apr 2022 - 31 May 2022
1.47%
30 Apr 2022 - 30 Apr 2022
1.47%
31 Mar 2022 - 30 Apr 2022
1.47%
31 Mar 2022 - 31 Mar 2022
1.47%
28 Feb 2022 - 31 Mar 2022
1.47%
28 Feb 2022 - 28 Feb 2022
1.47%
31 Jan 2022 - 28 Feb 2022
1.47%
31 Dec 2021 - 31 Jan 2022
1.36%
30 Nov 2021 - 31 Dec 2021
1.36%
31 Oct 2021 - 30 Nov 2021
1.37%
30 Sep 2021 - 31 Oct 2021
1.37%
31 Aug 2021 - 30 Sep 2021
1.36%
31 Jul 2021 - 31 Aug 2021
1.36%
30 Jun 2021 - 31 Jul 2021
1.36%
31 May 2021 - 30 Jun 2021
1.36%
30 Apr 2021 - 31 May 2021
1.40%
31 Mar 2021 - 30 Apr 2021
1.40%
28 Feb 2021 - 31 Mar 2021
1.46%
31 Jan 2021 - 28 Feb 2021
1.55%
31 Dec 2020 - 31 Jan 2021
1.55%
30 Nov 2020 - 31 Dec 2020
1.55%
31 Oct 2020 - 30 Nov 2020
1.55%
30 Sep 2020 - 31 Oct 2020
1.55%
31 Aug 2020 - 30 Sep 2020
1.63%
31 Jul 2020 - 31 Aug 2020
1.62%
30 Jun 2020 - 31 Jul 2020
1.61%
31 May 2020 - 30 Jun 2020
1.61%
30 Apr 2020 - 31 May 2020
1.61%
31 Mar 2020 - 30 Apr 2020
1.61%
29 Feb 2020 - 31 Mar 2020
1.57%
31 Jan 2020 - 29 Feb 2020
1.55%
31 Dec 2019 - 31 Jan 2020
1.55%
30 Nov 2019 - 31 Dec 2019
1.54%
31 Oct 2019 - 30 Nov 2019
1.51%
30 Sep 2019 - 31 Oct 2019
1.51%
31 Aug 2019 - 30 Sep 2019
1.49%
31 Jul 2019 - 31 Aug 2019
1.36%
30 Jun 2019 - 31 Jul 2019
1.31%
31 May 2019 - 30 Jun 2019
1.29%
30 Apr 2019 - 31 May 2019
1.27%
31 Mar 2019 - 30 Apr 2019
1.23%
28 Feb 2019 - 31 Mar 2019
1.23%
31 Jan 2019 - 28 Feb 2019
1.21%
31 Dec 2018 - 31 Jan 2019
1.18%
30 Nov 2018 - 31 Dec 2018
1.19%
31 Oct 2018 - 30 Nov 2018
1.18%
30 Sep 2018 - 31 Oct 2018
1.18%
31 Aug 2018 - 30 Sep 2018
1.18%
31 Jul 2018 - 31 Aug 2018
1.18%
30 Jun 2018 - 31 Jul 2018
1.18%
31 May 2018 - 30 Jun 2018
1.15%
30 Apr 2018 - 31 May 2018
1.15%
31 Mar 2018 - 30 Apr 2018
1.15%
28 Feb 2018 - 31 Mar 2018
1.15%
31 Jan 2018 - 28 Feb 2018
1.17%
31 Dec 2017 - 31 Jan 2018
1.19%
30 Nov 2017 - 31 Dec 2017
0.97%
31 Oct 2017 - 30 Nov 2017
0.88%
Expense ratio, exit load and taxExpense ratio: 0.55%Inclusive of GST
Exit load0.25% for redemption within 7 days
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementHarshil Suvarnkar
Mar 2021 - Present
View details
Education
Mr. Suvarnkar has doneB.Com, Masters in Management Studies (Finance) and Post Graduate Diploma in Securities Law.
Experience
Prior to Joining Aditya Birla Sun Life MF, he has worked with Indiabulls Housing Finance Limited,
Also manages these schemes
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth
Aditya Birla Sun Life Liquid Fund Direct Growth
Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Growth
Aditya Birla Sun Life Regular Savings Fund Direct Growth
Aditya Birla Sun Life Floating Rate Direct Fund Growth
Aditya Birla Sun Life Equity Savings Fund Direct Growth
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth
Aditya Birla Sun Life Bal Bhavishya Yojna Savings Plan Direct Growth
Aditya Birla Sun Life Retirement Fund The 30s Plan Direct Growth
Aditya Birla Sun Life Retirement Fund The 40s Plan Direct Growth
Aditya Birla Sun Life Retirement Fund The 50s Plan Direct Growth
Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Plan Direct Growth
Aditya Birla Sun Life Multi Cap Fund Direct Growth
Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund Direct Growth
Aditya Birla Sun Life CRISIL IBX AAA Jun 2023 Index Fund Direct Growth
Aditya Birla Sun Life Long Duration Fund Direct Growth
Aditya Birla Sun Life CRISIL IBX Gilt Apr 2029 Index Fund Direct Growth
Aditya Birla Sun Life Nifty SDL Sep 2027 Index Fund Direct Growth
Vishal Gajwani
Jun 2023 - Present
View details
Education
Mr. Gajwani is CA and CFA (US)
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Nippon India Mutual Fund.
Also manages these schemes
Aditya Birla Sun Life Small Cap Fund Direct Growth
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth
Aditya Birla Sun Life Equity Savings Fund Direct Growth
Pranav Gupta
Jun 2023 - Present
View details
Also manages these schemes
Aditya Birla Sun Life Arbitrage Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth
Aditya Birla Sun Life Gold Direct Fund Growth
Aditya Birla Sun Life Equity Savings Fund Direct Growth
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth
Aditya Birla Sun Life Silver ETF FoF Direct Growth
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth
Fund house & investment objective
Aditya Birla Sun Life Mutual Fund
Rank (total assets)#4 in India
Total AUM₹2,97,412.07Cr
Date of Incorporation23 Dec 1994
 Aditya Birla Sun Life Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 23 Dec 1994. Satyabrata Mohanty, Lovelish Solanki, Pranay Sinha is the Current Fund Manager of Aditya Birla Sun Life Equity Savings Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,97,412 Cr and the Latest NAV as of 01 Dec 2023 is ₹20.89.
The Aditya Birla Sun Life Equity Savings Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹1,000. 0.25% for redemption within 7 days
;
Investment ObjectiveThe scheme seeks to provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategies, arbitrage opportunities and pure equity investments.
;
Fund benchmarkNIFTY Equity Savings Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
One India Bulls Center - Tower 1,17th Floor - Jupiter Mills Compound,841 Senapati Bhawan, Elphinstone Road, Mumbai 400013
Phone
022-43568000 / 1800-270-7000 / 1800-22-7000
Launch Date
23 Dec 1994
E-mail
NA
Website
mutualfund.adityabirlacapital.com
Aditya Birla Sun Life Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Aditya Birla Sun Life Equity Savings Fund Direct Growth
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Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	9.1%	8.9%	9.1%	8.5%
Category average	9.6%	9.5%	8.4%	NA
Rank with in category	16	19	13	NA

Name	Sector	Instrument	Assets
GMR Airports Infrastructure Ltd.	Construction	Equity	7.1%
Aditya Birla Sun Life Money Manager Fund Direct-Growth	NA	Mutual Fund	6.8%
Reserve Bank of India	Financial	T-Bills	4.9%
Cholamandalam Investment and Finance Company Ltd.	Financial	Equity	4.5%
HDFC Bank Ltd.	Financial	Equity	4.3%
Kotak Mahindra Bank Ltd.	Financial	Equity	4.3%
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	4.0%
Indusind Bank Ltd.	Financial	Equity	3.9%
HDFC Bank Ltd.	Financial	CP	3.8%
ICICI Bank Ltd.	Financial	Equity	3.0%

Rank (total assets)	#4 in India
Total AUM	₹2,97,412.07Cr

Date of Incorporation	23 Dec 1994

Fund benchmark	NIFTY Equity Savings Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund size	₹504.68Cr

Aditya Birla Sun Life Equity Savings Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (70)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.55%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Harshil SuvarnkarMar 2021 - PresentView details

Vishal GajwaniJun 2023 - PresentView details

Pranav GuptaJun 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Harshil Suvarnkar
Mar 2021 - Present
View details

Vishal Gajwani
Jun 2023 - Present
View details

Pranav Gupta
Jun 2023 - Present
View details