Fincash » Aditya Birla Sun Life Pure Value Fund Vs IDFC Sterling Value Fund
Table of Contents
Aditya Birla Sun Life Pure Value Fund and IDFC Sterling Value Fund both belong to the same category of Mutual Funds, i.e., value equity fund. value funds have a very unique strategy of investment. These funds invest in stocks of those companies that are not in favor at that moment. The stocks here are selected that appear to be underpriced by the Market. Value funds help you to invest in stocks that carry lower down risk, yet tends to offer good returns over time. Though Aditya Birla Sun Life Pure Value Fund and IDFC Sterling Value Fund belong to the same category of Equity Funds nevertheless; there are differences between them. So, for better investment decision, let's have a look at the differences
Aditya Birla Sun Life Pure Value Fund was launched in the year 2007 with an objective to generate consistent long-term Capital appreciation to its investors. The fund predominantly invests in equity and equity related securities by following Value investing strategy.
Some of the top holdings of the scheme as on 30th June 2018 are Hindustan Petroleum Corp Ltd, Tata Global Beverages Ltd, CBLO, Lupin Ltd, MRF Ltd, Gujarat Alkalies & Chemicals Ltd, etc.
Launched in the year 2008, IDFC Sterling Value Fund (earlier known as IDFC Sterling Equity Fund) is a value fund that focuses on active stock selection strategy. The scheme focuses on long-term capital appreciation by Investing in a diversified Portfolio of equity and related instruments by following a value investment strategy. The fund allocates its assets in sectors like finance, energy, health care, technology, etc.
Some of the top holdings of the fund (as on 30th June 2018) are Cblo, Future Retail Ltd, RBL Bank Ltd, Bajaj Finance Ltd, Induslnd Bank Ltd, etc.
Aditya Birla Sun Life Pure Value Fund Vs IDFC Sterling Value Fund differ on account of numerous parameters though they belong to the same category. So, let’s understand these differences between them that are categorized into four sections, namely, basics section, performance section, yearly performance section, and other details section.
Current NAV, AUM, scheme category, and Fincash Rating are some of the comparable elements forming part of the basics section. Comparing the scheme category, it can be said that both the schemes belong to the same category of value equity fund.
Fincash Rating reveals that both the schemes are rated as 3-Star schemes.
The table given below summarizes the comparison of the basics section.
Parameters Basics NAV Net Assets (Cr) Launch Date Rating Category Sub Cat. Category Rank Risk Expense Ratio Sharpe Ratio Information Ratio Alpha Ratio Benchmark Exit Load Aditya Birla Sun Life Pure Value Fund
Growth
Fund Details ₹129.952 ↑ 2.02 (1.58 %) ₹6,226 on 30 Jun 24 27 Mar 08 ☆☆☆ Equity Value 15 Moderately High 2.02 2.5 0.35 7.15 Not Available 0-365 Days (1%),365 Days and above(NIL) IDFC Sterling Value Fund
Growth
Fund Details ₹151.99 ↑ 2.07 (1.38 %) ₹9,757 on 30 Jun 24 7 Mar 08 ☆☆☆ Equity Value 21 Moderately High 1.95 2.5 0.68 3.4 Not Available 0-365 Days (1%),365 Days and above(NIL)
It is the second section in the comparison of both the schemes. This section compares the Compounded Annual Growth Rate or CAGR returns of both the schemes at different time intervals. The comparison of performance section reveals that in some instance Aditya Birla Sun Life Pure Value Fund has performed better, while in other instances IDFC Sterling Value Fund has delivered better returns. The summary comparison of the performance section is tabulated as follows.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch Aditya Birla Sun Life Pure Value Fund
Growth
Fund Details 4.6% 9.5% 17.8% 48% 22.7% 22.5% 16.9% IDFC Sterling Value Fund
Growth
Fund Details 2.4% 10.5% 19.9% 38.9% 23.7% 26.5% 18%
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The comparison of absolute returns generated by both the schemes for a particular year is compared in this section. The comparison of absolute returns reveals that Aditya Birla Sun Life Pure Value Fund has performed better than IDFC Sterling Value Fund in most cases. The table given below summarizes the comparison of the yearly performance section.
Parameters Yearly Performance 2023 2022 2021 2020 2019 Aditya Birla Sun Life Pure Value Fund
Growth
Fund Details 43% 3.5% 34.5% 15.6% -10.7% IDFC Sterling Value Fund
Growth
Fund Details 32.6% 3.2% 64.5% 15.2% -6.2%
This section includes parameters such as minimum SIP investment and minimum lump sum investment. The minimum SIP amount for both the schemes is similar, that is, INR 1,000. On the other hand, the minimum lump sum amount in case of both the schemes is different. In case of Aditya's scheme, it is INR 1,000 and in case of IDFC's scheme it is INR 5,000.
Aditya Birla Sun Life Pure Value Fund is jointly managed by Mahesh Patil and Milind Bafna.
IDFC Sterling Value Fund is jointly managed by Anoop Bhaskar and Daylynn Pinto.
The summary comparison of the other details section is tabulated as follows.
Parameters Other Details Min SIP Investment Min Investment Fund Manager Aditya Birla Sun Life Pure Value Fund
Growth
Fund Details ₹1,000 ₹1,000 Kunal Sangoi - 1.78 Yr. IDFC Sterling Value Fund
Growth
Fund Details ₹100 ₹5,000 Daylynn Pinto - 7.7 Yr.
Aditya Birla Sun Life Pure Value Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹7,748 30 Jun 21 ₹13,347 30 Jun 22 ₹12,454 30 Jun 23 ₹16,382 30 Jun 24 ₹24,616 IDFC Sterling Value Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹7,475 30 Jun 21 ₹14,977 30 Jun 22 ₹15,810 30 Jun 23 ₹20,521 30 Jun 24 ₹29,033
Aditya Birla Sun Life Pure Value Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 2.31% Equity 97.69% Equity Sector Allocation
Sector Value Financial Services 23.56% Industrials 14.51% Basic Materials 11.06% Technology 10.89% Consumer Cyclical 10.37% Utility 7.53% Health Care 7.27% Energy 5.64% Real Estate 2.78% Consumer Defensive 2.51% Communication Services 1.55% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 31 May 22 | INFY5% ₹283 Cr 1,807,720
↑ 200,000 Ramkrishna Forgings Ltd (Industrials)
Equity, Since 31 Mar 18 | RKFORGE3% ₹211 Cr 2,367,447 Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 21 | RELIANCE3% ₹194 Cr 619,908 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK3% ₹193 Cr 1,609,383 Minda Corp Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | MINDACORP3% ₹185 Cr 3,844,718 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Nov 22 | SUNPHARMA3% ₹183 Cr 1,201,021
↓ -50,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN3% ₹179 Cr 2,113,437
↓ -527,606 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 22 | AXISBANK3% ₹171 Cr 1,349,061 NTPC Ltd (Utilities)
Equity, Since 31 Oct 22 | NTPC3% ₹166 Cr 4,374,857 Shriram Finance Ltd (Financial Services)
Equity, Since 31 Dec 23 | SHRIRAMFIN2% ₹146 Cr 502,703 IDFC Sterling Value Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 3.9% Equity 96.1% Equity Sector Allocation
Sector Value Financial Services 26.64% Consumer Cyclical 14.31% Industrials 10.99% Technology 8.51% Energy 7.5% Consumer Defensive 6.88% Basic Materials 6.86% Health Care 6.53% Utility 4.86% Communication Services 1.04% Real Estate 1% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | HDFCBANK5% ₹505 Cr 3,000,000
↑ 300,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | AXISBANK5% ₹443 Cr 3,500,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 22 | RELIANCE4% ₹438 Cr 1,400,000
↑ 125,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK4% ₹360 Cr 3,000,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 30 Apr 17 | JINDALSTEL3% ₹261 Cr 2,500,000 CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 31 Aug 15 | CGPOWER3% ₹247 Cr 3,500,000
↓ -100,000 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | HEROMOTOCO2% ₹223 Cr 400,000 NTPC Ltd (Utilities)
Equity, Since 30 Jun 22 | NTPC2% ₹208 Cr 5,500,000 IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | INDUSINDBK2% ₹205 Cr 1,400,000
↑ 300,000 Bosch Ltd (Consumer Cyclical)
Equity, Since 30 Jun 20 | BOSCHLTD2% ₹205 Cr 60,000
Therefore, it can be concluded in a nutshell, that both the schemes differ on account of various parameters. Resultantly, individuals should pay extra caution while investing in any of the schemes. They should match their investment objective with the scheme’s objective and understand the modalities of the scheme completely. This will help them to ensure that their money is safe and their objectives are met on time.
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