Aditya Birla Sun Life Frontline Equity Fund completes 21 years; offers 19% since inception
Aditya Birla Sun Life Frontline Equity Fund, the flagship scheme of Aditya Birla Sun Life Mutual Fund, completed 21 years in the market. The scheme has offered 19.02% since its inception. The scheme manages assets of Rs 23,758.17 crore, making it the largest scheme in the large cap category.
Launched in 2002, Aditya Birla Sun Life Frontline Equity Fund has offered 18.03% in 20 years, 15.53% in 10 years, 11.13% in five years, and 20.75% in three years. During the same periods, the benchmark (Nifty 100 — TRI) offered 16.24%, 15.09%, 11.54%, and 19.86% respectively. This shows that the scheme has outperformed its benchmark in all the horizons, except the five-year horizon.
An lumpsum investment of Rs 1 lakh at the time of launch of the scheme would have now grown to Rs 38.72 lakh, with a CAGR of 19.02%. A monthly SIP of Rs 1,000 since the inception of the fund would have grown to Rs 17.17 lakh, with a XIRR of 16.02%. A monthly SIP for a period of 10 years would have offered 13.27% returns. In the seven-year horizon, the scheme offered an XIRR return of 13.90%. In the five-year horizon, the scheme offered XIRR returns of around 16.61%. In the three-year horizon, the scheme has offered 16.35% SIP returns.
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Among 11 large cap schemes that have completed 20 years, Aditya Birla Sun Life Frontline Equity Fund ranked second among its peers and offered 18.03% returns.
Aditya Birla Sun Life Frontline Equity Fund ranked sixth among 23 large cap schemes that have completed 10 years, and offered 15.54% returns. The scheme ranked 12 amongst 24 large cap schemes that have completed five years and offered 11.14% returns. Among 25 large
