This 24-year-old mutual fund has on a mean doubled cash each 3 years

An open-ended dynamic fairness fund that invests in large-, mid-, and small-cap shares is Aditya Birla Sun Life Flexi Cap Fund. The fund was established on August 27, 1998, and it has now been operational for round 24 years. Both Value Research and Morningstar have given the fund a 3-star score. As of June 30, 2022, Aditya Birla Sun Life Flexi Cap Fund Regular-Growth had belongings below administration (AUM) at ₹15651.66 Cr, and as of August 22, 2022, the fund’s NAV was ₹1,099.82.

Aditya Birla Sun Life Flexi Cap Fund Returns

Aditya Birla Sun Life Flexi Cap Fund’s 1-year progress returns are 1.32%, and since its introduction, it has generated common annual returns of 21.63%. Since the fund has been working for twenty-four years, its 21.63% annual return has helped an preliminary funding of ₹1 lakh to develop to ₹1.08 crores. Since the fund has produced 14.57% over the previous ten years, a month-to-month SIP of ₹10,000 would now be price ₹25.7 Lakh. Since the fund has produced 13.65% over the previous 5 years, a month-to-month SIP of ₹10,000 made 5 years in the past would now be price ₹8.44 Lakh. A month-to-month SIP of ₹10,000 initiated three years in the past would now be price ₹4.68 Lakh as a result of fund’s 17.90% good points over the earlier three years.

Key takeaways of Aditya Birla Sun Life Flexi Cap Fund

The expense ratio for the fund is 1.79%, which is larger than the typical for funds in the identical class. Financial, know-how, healthcare, shopper staples, and communication industries are among the many sectors to which the fund is allotted. ICICI Bank Ltd., Infosys Ltd., HDFC Bank Ltd., Bharti Airtel Ltd., and Dr. Reddy’s Laboratories Ltd. are the highest 5 holdings of the fund. In home equities, the fund has a 97.27% funding, of which 74.57% are large-cap firms, 13.02% are mid-cap shares, and 9.69% are small-cap shares. The scheme makes use of the Nifty 500 TRI as its benchmark index.

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