Hybrid
Direct
Fund Of Funds
NAV as on 05-09-2024
₹ 57.94
▲0.3%
1D
Inception Returns
14.9%
/yr
Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Vinod Bhat. This fund gives you the benefit of diversification.
Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth has given a CAGR return of 14.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 33.96%, 17.60% and 20.66% respectively.
Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Cash Equivalent, Corporate, Consumer Cyclical, Industrial, Tech, Health, Basic Materials, Consumer Defensive, Energy, Communication, Utilities, Real Estate, Securitize.
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The Scheme aims to generate returns by investing in portfolio of equity schemes, ETFs and debt schemes as per the risk-return profile of investors. The Plan under the Scheme has a strategic asset allocation which is based on satisfying the needs to a specific risk-return profile of investors.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 500.00. Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth has no lock in period.
Expense ratio | 0.69% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
AUM | ₹222 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 98.82% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (05-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Corporate, Financial Services & Government
Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.11% | 5.11% |
6 Month Returns | 17.32% | 17.32% |
1 Year Returns | 33.96% | 33.96% |
3 Years Returns | 62.62% | 17.6% |
5 Years Returns | 155.72% | 20.66% |
AAA | 95.56 |
AA | 4.44 |