January 18, 2024
mayank
Aditya Birla (ABSL) Flexi Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 1,590.8300
NAV IDCW: Rs 197.8800
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The fund seeks long-term growth of capital and regular income through 90% investment in equities and 10% in debt and money market securities. The scheme would adopt top-down & bottom-up approach of investing & a portion of the scheme will also be invested in IPOs, emerging sectors & other primary market offerings.
Fund Manager:
1) Harish Krishnan
Education: Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode
Experience: Prior to joining Aditya Birla Sun Life Mutual Fund, he has also worked at Kotak Mahindra Mutual Fund, Infosys Technologies Ltd in his earlier stint.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 90 days |
Basic Details of Aditya Birla (ABSL) Flexi Cap Fund
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 17.01% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 19,341 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.87% |
| (As on 31-Dec-2023) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 18.00% |
Trailing Returns (%) of Aditya Birla (ABSL) Flexi Cap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Flexi Cap Dir | 0.33 | -1.63 | 2.08 | 10.11 | 15.06 | 28.19 | 16.89 | 16.54 | 15.09 | 18.40 |
| S&P BSE 500 TRI | 0.29 | -1.72 | 1.80 | 11.57 | 15.68 | 27.35 | 19.04 | 17.71 | 16.66 | 16.34 |
| Equity: Flexi Cap | 0.33 | -1.50 | 1.55 | 10.84 | 16.01 | 29.94 | 18.60 | 17.54 | 16.15 | 17.13 |
| Rank within category | 39 | 53 | 18 | 42 | 43 | 40 | 34 | 21 | 24 | 8 |
| Number of funds in category | 79 | 79 | 79 | 77 | 75 | 70 | 55 | 41 | 35 | 29 |
Peer Comparison of Aditya Birla (ABSL) Flexi Cap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ABSL Flexi Cap Dir | 2 star | 28.19 | 16.89 | 16.54 | 0.87 | 19,341 | 17.01 | 1.00 (90) | 11Y | 18.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 36.59 | 23.33 | 23.73 | 0.60 | 52,007 | 20.14 | 2.00 (365) | 10Y 7M | 4.53 |
| HDFC Flexi Cap Dir | 4 star | 31.71 | 26.29 | 19.60 | 0.89 | 45,993 | 16.70 | 1.00 (365) | 11Y | 28.27 |
| Franklin Ind Flexi Cap Dir | 4 star | 33.64 | 22.50 | 19.18 | 0.99 | 13,792 | 17.19 | 1.00 (365) | 11Y | 17.32 |
| Franklin Ind Focused Eqt Dir | 4 star | 24.58 | 21.85 | 18.76 | 0.96 | 10,390 | 18.79 | 1.00 (365) | 11Y | 26.42 |
Portfolio Analysis of Aditya Birla (ABSL) Flexi Cap Fund
| No. of Stocks | 73 |
| Top 10 Stocks | 43.44% |
| Top 5 Stocks | 28.04% |
| Top 3 Sectors | 52.32% |
| Portfolio P/B Ratio | 3.92 |
| Portfolio P/E Ratio | 29.02 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,72,151 | 1,60,012 |
| Giant (%) | 55.14 | 51.24 |
| Large (%) | 21.03 | 20.20 |
| Mid (%) | 21.39 | 22.72 |
| Small (%) | 2.44 | 6.39 |
| Tiny (%) | — | — |
How to Invest in Aditya Birla (ABSL) Flexi Cap Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Flexi Cap Fund
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
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