Aditya Birla Sun Life Mutual Fund November Data: Know major additions, top 10 investments in equities, new entrants and more
Aditya Birla Sun life Mutual Fund's Asset Under Management (AUM) has seen a decline on month-on-month basis by nearly 6,611crore in November, showed the latest data with Stock Edge
Aditya Birla Sun life Mutual Fund's Asset Under Management (AUM) has seen a decline on month-on-month basis by nearly 6,611crore in November, showed the latest data with Stock Edge, an app to analyse NSE, BSE data. Aditya Birla Sun life MF's Asset Under Management declined to Rs 291,552 crore in November from Rs 298, 163 crore in October. Fourth largest MF in terms of AUM after SBI, ICICI Prudential and HDFC mutual funds, Aditya Birla Sun life MF runs as many as 103 schemes and boasts of whooping Rs 21, 542 crore worth of investment in large cap equities. Next, the fund has allocated Rs 15,514 crore and Rs 14, 784 crore to Flexi cap funds and ELSS respectively. Aditya Birla SL Digital India Fund (G) is the most successful scheme of this fund house in term of return generated in one year. At AUM size of Rs 2,842.50 crore, Aditya Birla SL Digital India Fund (G) clocked 71.9% return as on December 17, 2021, according to Stock Edge.
Meanwhile, the mutual funds have infused fresh funds to the tune of Rs 4,050 crore (40.5bn) in equities in November, 2021, as per Edelweiss's research report. The biggest beneficiary was PB Fintech, which attracted as much as Rs 1350 crore (13.5 bn). Stocks such as Axis Bank, ICICI Bank, HDFC Bank, HCL Technologies & Infosys were major additions, while Vedanta, Zomato and Apollo Hospitals saw maximum cut.
Here, we will see how Aditya Birla Sun life Mutual Fund directed its fund, major additions, exits and more by this MF house.
Aditya Birla Sun life Mutual Fund major additions
This mutual fund house allocated a major portion of its capital towards recently listed Paytm. Aditya Birla Sun Life Mutual Fund infused Rs 469 crore in One97 Communications Ltd. PB Fintech with Rs 152 crore (Rs1.52bn) and Hindustan Aero with Rs 120 crore (Rs 1.2bn) were other major additions made by Aditya Birla Sun life Mutual Fund in November, 2021. Source: PTI
Aditya Birla Sun life Mutual Fund major reductions
HDFC with Rs 337 crore was the most significant cut made by this fund in November. Vedanta with Rs 196 crore (INR1.96bn) and Kotak Mahindra Bank with Rs 151 crore (INR1.51bn) were other two big reductions made by Aditya Birla Sun life Mutual Fund major reductions in November 2021. Source: Pixabay
Aditya Birla Sun life Mutual Fund new entrants
Recently listed PAYTM (One97 Communications Ltd) and PB Fintech made for new entrants of Aditya Birla Sun life Mutual Fund. Latent View and Go Fashion also made it to the list. Source: PTI
Aditya Birla Sun life Mutual Fund exit
The fund house completely exited from Chennai-based chemical company stock Chemplast Sanmar November. Aditya Birla Sun Life Mutual Fund also completely exited from Varroc Engineering. Source: PTI
Aditya Birla Sun life Mutual Top 5 holdings
ICICI Bank, Infosys, HDFC Bank, Reliance Industries, Bharti Airtel, State Bank of India, Larsen and Toubro, HDFC, Bajaj Finance and Kotak Mahindra Bank were top 10 stocks where this fund parked money last month. Source: PTI
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