Hybrid
Direct
Retirement
NAV as on 05-09-2024
₹ 14.99
Inception Returns
7.7%
/yr
Aditya Birla Sun Life Retirement Fund The 50s 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.
Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth has given a CAGR return of 7.68% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.75%, 8.09% and 7.56% respectively.
Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth has allocated its funds majorly in Government, Financial Services, Industrial, Health, Consumer Cyclical, Corporate, Tech, Cash Equivalent, Basic Materials, Energy, Communication, Consumer Defensive, Real Estate.
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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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 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 50s Pln Direct Growth of 5 Years
Expense ratio | 0.6% |
Benchmark | CRISIL ST Debt Hybrid 75+25 TR INR |
AUM | ₹26 Cr |
Inception Date | 12 March, 2019 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 0% |
Lock In | 5 Years |
TurnOver | 70.33% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderate Risk |
as on (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Government, Financial Services & Industrial
Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.86% | 1.86% |
6 Month Returns | 7.46% | 7.46% |
1 Year Returns | 13.75% | 13.75% |
3 Years Returns | 26.27% | 8.09% |
5 Years Returns | 43.93% | 7.56% |
AAA | 100 |