Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth

Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth

Hybrid

Direct

Retirement

NAV as on 21-11-2024

₹ 20.43

0.4%

1D

Inception Returns

13.4%

/yr

About Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth

Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth is a hybrid fund. This fund was started on 12 March, 2019. The fund is managed by Dhaval Shah, Harshil Suvarnkar. This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth has ₹402 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth has given a CAGR return of 13.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.70%, 12.46% and 14.71% respectively.

Holdings

Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Government, Health, Tech, Basic Materials, Energy, Consumer Defensive, Communication, Real Estate, Utilities.

Taxation

As it is a retirement 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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth

The primary investment objective of the Scheme is income generation and capital appreciation for its investors which will be in line with their retirement goals by investing in a mix of equity, equity related instruments along with debt and money market instruments. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes' objectives will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. There is a lock in period for Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth of 5 Years

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
68 people have invested ₹ 1.8L in Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth in the last three months

Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth Overview

Expense ratio1.16%
Benchmark
IISL Nifty 500 TR INR
AUM₹402 Cr
Inception Date12 March, 2019
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock In5 Years
TurnOver
60.2%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (21-Nov-24)

Period
Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth
Retirement Index
1M
-5.5%
-
3M
-2.5%
-
6M
8.6%
-
1Y
27.7%
-
3Y
12.5%
-
5Y
14.7%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 97%

  • Debt & Cash 3%

Large cap
53.3%

Small cap
21.8%

Mid cap
19.3%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
27.1%
Industrial
14.9%
Consumer Cyclical
11.7%
Health
10.5%
Tech
9.4%
Basic Materials
6.8%
Energy
6.2%
Consumer Defensive
4.7%
Communication
3%
Real Estate
2.9%
Utilities
2.9%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 402 Cr
₹ 422.9 Cr
₹ 409.6 Cr
  • AUM of the fund stands at 402 Cr as of Oct'24
  • AUM decreased by 21 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical

Oct'24
Financial Services
27%
Industrial
15%
Consumer Cyclical
12%
Sep'24
Financial Services
26%
Industrial
15%
Consumer Cyclical
12%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
53
52
52
Top 5 Company Concentration
26.4%
25.8%
26.4%
Company having highest exposure
ICICI Bank Ltd (6.9%)
ICICI Bank Ltd (6.5%)
ICICI Bank Ltd (6.5%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
75%
75.3%
77.1%
Sector having highest exposure
Financial Services (27.1%)
Financial Services (26.3%)
Financial Services (27.4%)
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Dhaval Shah
Dhaval Shah
Fund Manager of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth, since 28 December 2021
Harshil Suvarnkar
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth, since 22 March 2021
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.89L Cr
as on 31-Oct-2024
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com

Mutual Fund Insights

Insights icon
In the last 1 year, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 37.56% return, outperforming this fund by 9.86%.
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In the last 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 21.01% return, outperforming this fund by 8.56% per annum.
Insights icon
This fund expense ratio is slightly on the lower side within the category (retirement). Its expense ratio is 1.16% which is lower than the category average expense ratio of 1.39%.
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In the last 5 years, HDFC Retirement Savings Fund - Equity Plan - Direct Plan has given 24.81% return, outperforming this fund by 10.1% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 5.0% drop in AUM moving from 422.95 Cr to 401.96 Cr.

Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.44% since inception which is more than its category average return of 11.58%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.01% in Equity, 0.32% in Debt and 2.67% in Cash related instruments
AUM size ₹402 Cr

AUM size ₹402 Cr

This fund has AUM of ₹402 Cr which is less than its category average of ₹ 801 Cr
Expense Ratio 1.16%

Expense Ratio 1.16%

This fund has an expense ratio of 1.16% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions for Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth

The current NAV of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth is ₹20.43 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-5.51%
-5.51%
6 Month Returns
8.6%
8.6%
1 Year Returns
27.7%
27.7%
3 Years Returns
42.23%
12.46%
5 Years Returns
98.6%
14.71%
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1.16% as on October 2024
₹402 Cr as on October 2024
ICICI Bank Ltd(6.93%), HDFC Bank Ltd(6.25%), Infosys Ltd(4.73%), Reliance Industries Ltd(4.39%), Larsen & Toubro Ltd(4.11%) as on October 2024
Financial Services(26.33%), Industrial(14.47%), Consumer Cyclical(11.32%) as on October 2024
AAA
100
Dhaval Shah, Harshil Suvarnkar are the fund managers of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth
The Exit load of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth is 0%