The scheme seeks to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy i.e buying into stocks that are trading for less than their intrinsic value - stocks that the market is undervaluing.
The scheme seeks to provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities following a contrarian investment strategy.
Fund Manager
Kunal Sangoi
Dinesh Balachandran, Pradeep Kesavan
AMC
Aditya Birla Sun Life Mutual Fund
SBI Mutual Fund
Taxation
Equity
Equity
Launch Date
31 Dec 2012
31 Dec 2012
Portfolio Overlap
16.7%
Low overlap
common holdings
16.7% of the combined portfolio weight is common between Aditya Birla Sun Life Value Direct Fund-Growth and SBI Contra Direct Plan-Growth.
10 stocks appear in both portfolios.
The largest shared holding is HDFC Bank Ltd., at 3.34% of Aditya Birla Sun Life Value Direct Fund-Growth and 5.13% of SBI Contra Direct Plan-Growth.
The two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure.
Largest common holdings
HDFC Bank Ltd.Reliance Industries Ltd.ICICI Bank Ltd.State Bank of IndiaAxis Bank Ltd.Tech Mahindra Ltd.Infosys Ltd.Grasim Industries Ltd.
Aditya Birla Sun Life Value Direct Fund-Growth has delivered the higher 3-year CAGR (17.24% vs 14.01%). SBI Contra Direct Plan-Growth is the cheaper of the two with an expense ratio of 0.83% against 1.21%. SBI Contra Direct Plan-Growth manages the larger corpus at ₹47.36k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.
Over 1 year, Aditya Birla Sun Life Value Direct Fund-Growth returned 14.18% against 3.23% for SBI Contra Direct Plan-Growth; and over 3 years, Aditya Birla Sun Life Value Direct Fund-Growth leads with a 17.24% CAGR versus 14.01%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.
SBI Contra Direct Plan-Growth has the lower expense ratio at 0.83%, compared with 1.21% for Aditya Birla Sun Life Value Direct Fund-Growth — a difference of 0.38% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick a fund.
Both Aditya Birla Sun Life Value Direct Fund-Growth and SBI Contra Direct Plan-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.
The portfolio overlap between the two funds is 16.7%, which is considered low. At this level the two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure. You can see the shared stocks in the overlap section above.
Yes — both are Equity: Value Oriented funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.
Aditya Birla Sun Life Value Direct Fund-Growth has a NAV of ₹156.06 and an AUM of ₹6.60k Cr, and was launched on 31 Dec 2012. SBI Contra Direct Plan-Growth has a NAV of ₹421.17 and an AUM of ₹47.36k Cr, launched on 31 Dec 2012. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
