A Guide To Investing In Birla Sl Frontline Equity

Aditya Birla Sun Life Frontline Equity Fund is a large-cap mutual fund that has been in existence for over a decade. The fund has generated strong returns, doubling investors' money approximately every five years and delivering average annual returns of around 15% since its launch. With assets under management (AUM) of approximately ₹29,323 crores, it is a medium-sized fund in its category. The fund's top holdings include investments in well-known companies such as HDFC Bank Ltd., ICICI Bank Ltd., Infosys Ltd., and Larsen & Toubro Ltd. Investing in this fund can be done through platforms like ET Money, which offer a seamless and paperless investment process.

How to invest in Aditya Birla Sun Life Frontline Equity Fund via the ET Money app

Firstly, download the ET Money app by clicking on the "Invest Now" button on the website and scanning the QR code to initiate the download. Once you have installed the app on your device, create your account and complete the necessary KYC (Know Your Customer) process. If you already have an account, simply log in.

Next, search for the "Aditya Birla Sun Life Frontline Equity Fund" within the app. You will then need to choose between two investment options: a one-time investment or a Systematic Investment Plan (SIP). The SIP option allows you to invest a fixed amount in the fund at regular intervals, typically monthly or quarterly. Decide which option suits your financial goals and risk appetite, and enter your desired investment amount.

Finally, fill in any additional details required, including your bank account information for payment. Review your investment details, and confirm your investment.

By following these steps, you will have successfully invested in the Aditya Birla Sun Life Frontline Equity Fund via the ET Money app. Remember to consider your financial goals, risk tolerance, and conduct your own research before investing.

The fund's performance and historical returns

The Aditya Birla Sun Life Frontline Equity Fund has delivered average annual returns of 15.2% since its inception 11 years ago. The fund has doubled the money invested in it every 5 years. The latest Net Asset Value (NAV) of the fund as of 30 December 2024 is ₹550.94. The fund's returns of the last 1-year are 16.15%. In the last 3 years, the fund has seen returns of 53.69%. Since its launch, the fund has delivered returns of 446.41%. The fund has generated the highest return among Large Cap funds in the last 10 years. The fund's ability to deliver returns consistently is in line with most funds in its category, and its ability to control losses in a falling market is average.

The fund has an expense ratio of 1.01%, which is higher than what most other Large Cap funds charge. The expense ratio is an annual fee that is deducted from the Net Asset Value (NAV) on a daily basis.

The fund has a majority of its money invested in the Financial, Technology, Energy, Automobile, and Construction sectors. The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Infosys Ltd., Larsen & Toubro Ltd., and Reliance Industries Ltd.

The fund's Net Asset Value (NAV) and expense ratio

The Net Asset Value (NAV) of the Aditya Birla Sun Life Frontline Equity Fund is the latest value of the total investment in the fund. It is the unit price for the fund and is declared once each day, generally at the end of the day. The NAV of the fund as of 27th December 2024 was ₹503.5. The fund's NAV as of 30th December 2024 was ₹550.94.

The expense ratio of the Aditya Birla Sun Life Frontline Equity Fund is the annual fee that the fund charges for managing your money. This fee is deducted from the NAV on a daily basis. The expense ratio for the fund is 1.65%, which is higher than the category average of 1.98%. The fund's direct growth plan has an expense ratio of 1.01%, which is higher than what most other large-cap funds charge.

The fund's investment objective and top holdings

The Aditya Birla Sun Life Frontline Equity Fund seeks long-term growth of capital with a portfolio that has a target allocation of 100% equity. The fund aims to be as diversified across various industries and sectors as its chosen benchmark index, the Nifty 50.

The fund's top holdings include investments in the following companies:

• Larsen & Toubro Ltd.
• Reliance Industries Ltd.
• Mahindra & Mahindra Ltd.
• National Thermal Power Corporation Ltd.
• HDFC Bank Ltd.
• ICICI Bank Ltd.
• Infosys Ltd.

The fund has the majority of its investments in the Financial, Technology, Energy, Automobile, and Construction sectors.

The process of redeeming your investments

The redemption process for the Aditya Birla SL Frontline Equity Fund - Direct Growth scheme is straightforward and user-friendly. Here is a step-by-step guide on how to redeem your investments:

Step 1: Visit the Fund House Website

Begin by accessing the official website of the fund house, which is Aditya Birla Sun Life Mutual Fund in this case.

Step 2: Log in to Your Account

On the website, log in to your account by providing your Folio Number and M-Pin. This will grant you access to your investment portfolio.

Step 3: Navigate to the Withdrawal/Redemption Section

Once you are logged in, look for the "Withdrawal" or "Redemption" section within your account. This is typically found under a broader heading such as "My Investments" or "Account Management."

Step 4: Select the Scheme and Submit the Redemption Request

From the list of schemes or investments, choose the Aditya Birla SL Frontline Equity Fund - Direct Growth. Enter the amount you wish to redeem, and click on the "Submit" button to initiate the redemption process.

Alternative Redemption Method:

If you have invested in the Aditya Birla SL Frontline Equity Fund through a third-party platform, such as ET Money, the redemption process may be even simpler. Simply log in to your account on the ET Money app or website, navigate to the investment section, and put forth your redemption request.

Please note that there is an exit load of 1% if you redeem your investments within 90 days of allotment. After 90 days, there is no exit load, and you can redeem your investments without any additional charges.

Frequently asked questions