Hybrid
Direct
Fund Of Funds
NAV as on 06-09-2024
₹ 43.4
1D
Inception Returns
11.9%
/yr
Aditya Birla Sun Life Financial ning FOF Moderate 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 Moderate Fund Direct Growth has given a CAGR return of 11.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.79%, 14.22% and 16.42% respectively.
Aditya Birla Sun Life Financial ning FOF Moderate Fund Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Cash Equivalent, 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 500.00 and for SIP is INR 100.00. Aditya Birla Sun Life Financial ning FOF Moderate Fund Direct Growth has no lock in period.
Expense ratio | 1.22% |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
AUM | ₹37 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 90.59% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | High Risk |
as on (06-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Corporate, Government & Financial Services
Aditya Birla Sun Life Financial ning FOF Moderate Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.63% | 3.63% |
6 Month Returns | 13.15% | 13.15% |
1 Year Returns | 25.79% | 25.79% |
3 Years Returns | 49.01% | 14.22% |
5 Years Returns | 113.89% | 16.42% |
AAA | 92.13 |
AA | 7.87 |