December 28, 2023
mayank
Aditya Birla (ABSL) Asset Allocator FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 27.8139
NAV IDCW: Rs 26.5038
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The Scheme seeks to generate capital appreciation primarily from a portfolio of equity schemes, ETFs and debt schemes accessed through the diversified investment styles.
Fund Manager:
1) Vinod Bhat
Education: Vinod is a CFA (USA) and has done his MBA in Finance from Wharton University of Pennsylvania (USA). He is an M.S. in Industrial Engineering from Pennsylvania State University (USA) and holds a B.Tech degree in Mechanical Engineering from IIT Bombay.
Experience: Prior to joining ABSLAMC, he was the Vice President – Corporate Strategy and Business Development with Aditya Birla Management Corporation Pvt. Ltd. He had also worked with Ocean Park Advisors (USA) as a Senior Associate- Investment Banking. He was also part of Credit Suisse (USA) as an Associate – Investment Banking.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 365 days |
Basic Details of Aditya Birla (ABSL) Asset Allocator FoF
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 11.86% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 179 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.31% |
| (As on 30-Nov-2023) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | — |
Aditya Birla (ABSL) Asset Allocator FoF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Asset Allocator FoF Dir | 23.57 | 0.36 | 6.63 | 8.74 | 16.49 | 23.84 | 15.29 | 14.83 | 12.99 | — |
| VR Balanced TRI | 19.19 | 0.89 | 8.42 | 9.03 | 14.12 | 19.05 | 15.88 | 14.82 | 14.93 | — |
| Hybrid: Multi Asset Allocation | 21.15 | 0.43 | 5.52 | 7.95 | 13.50 | 21.28 | 15.83 | 14.32 | 11.41 | — |
| Rank within category | 10 | 24 | 7 | 12 | 9 | 10 | 8 | — | — | — |
| Number of funds in category | 24 | 29 | 30 | 28 | 27 | 24 | 16 | 12 | 8 | 6 |
Peer Comparison of Aditya Birla (ABSL) Asset Allocator FoF
| 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 Asset Allocator FoF Dir | 3 star | 23.84 | 15.29 | 14.83 | 0.31 | 179 | 11.86 | 1.00 (365) | 10Y 11M | — |
| ICICI Pru Multi Asset Dir | 5 star | 24.80 | 25.88 | 19.17 | 1.00 | 27,924 | 16.77 | 1.00 (365) | 10Y 11M | 29.00 |
| ICICI Pru Asset Allocator (FOF) Dir | 5 star | 19.21 | 15.63 | 14.43 | 0.25 | 20,863 | 12.64 | 1.00 (365) | 10Y 11M | 6.00 |
| SBI Multi Asset Allocation Dir | 4 star | 24.54 | 15.21 | 14.30 | 0.69 | 2,712 | 12.11 | 1.00 (365) | 10Y 11M | — |
| HDFC Multi Asset Dir | 4 star | 18.99 | 15.01 | 15.32 | 0.87 | 2,151 | 11.66 | 1.00 (365) | 10Y 11M | 15.19 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 55,798 | 1,63,837 |
| Giant (%) | 30.67 | 51.37 |
| Large (%) | 15.13 | 20.52 |
| Mid (%) | 39.31 | 21.53 |
| Small (%) | 14.82 | 8.14 |
| Tiny (%) | 0.07 | 0.03 |
| Fund | Category | |
| Number of Securities | 11 | 50 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
How to Invest in Aditya Birla (ABSL) Asset Allocator FoF?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Asset Allocator FoF
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