December 28, 2023
mayank
Aditya Birla (ABSL) Bal Bhavishya Yojna details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 18.3300
NAV IDCW: Rs 18.3200
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 scheme seeks generation of capital appreciation by creating a portfolio that is predominantly investing in equity & equity related securities and debt and money market instruments.
Fund Manager:
1) Atul Penkar
Education: Mr.Penkar is a B.E. (Mechanical) and an MMS.
Experience: Prior to joining Aditya Birla Sun Life AMC, he was with Emkay Shares & Stock Brokers Ltd.
2) Harshil Suvarnkar
Education: Mr. Suvarnkar has doneB.Com, Masters in Management Studies (Finance) and Post Graduate Diploma in Securities Law.
Experience: Prior to Joining Aditya Birla Sun Life MF, he has worked with Indiabulls Housing Finance Limited.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Aditya Birla (ABSL) Bal Bhavishya Yojna
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 11-Feb-19 |
| Return Since Launch | 13.23% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 861 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.74% |
| (As on 30-Nov-2023) | |
| Risk Grade | Above Average |
| Return Grade | Low |
| Turnover | 63.00% |
Aditya Birla (ABSL) Bal Bhavishya Yojna Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Bal Bhavishya Yojna Dir | 24.02 | 0.77 | 6.51 | 7.51 | 16.98 | 24.19 | 13.42 | — | — | — |
| S&P BSE 500 TRI | 25.65 | 0.75 | 9.34 | 11.27 | 19.63 | 25.95 | 20.73 | — | — | — |
| Equity: Flexi Cap | 28.13 | 0.70 | 8.21 | 10.99 | 19.69 | 28.28 | 20.63 | — | — | — |
| Rank within category | 56 | 32 | 69 | 72 | 58 | 55 | 50 | — | — | — |
| Number of funds in category | 70 | 79 | 79 | 77 | 74 | 70 | 53 | 40 | 34 | 28 |
Peer Comparison of Aditya Birla (ABSL) Bal Bhavishya Yojna
| 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 Bal Bhavishya Yojna Dir | 1 star | 24.19 | 13.42 | — | 0.74 | 861 | 13.23 | — | 4Y 10M | 63.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 37.08 | 24.16 | 23.97 | 0.62 | 48,294 | 20.18 | 2.00 (365) | 10Y 7M | 4.64 |
| HDFC Flexi Cap Dir | 4 star | 31.23 | 29.32 | 19.98 | 0.92 | 42,271 | 16.72 | 1.00 (365) | 10Y 11M | 24.52 |
| Franklin Ind Flexi Cap Dir | 4 star | 30.76 | 25.91 | 19.25 | 1.07 | 12,802 | 17.17 | 1.00 (365) | 10Y 11M | 17.96 |
| Franklin Ind Focused Eqt Dir | 4 star | 23.92 | 25.06 | 19.28 | 1.02 | 9,856 | 18.82 | 1.00 (365) | 10Y 11M | 23.60 |
Portfolio Analysis of Aditya Birla (ABSL) Bal Bhavishya Yojna
| No. of Stocks | 58 |
| Top 10 Stocks | 34.56% |
| Top 5 Stocks | 24.50% |
| Top 3 Sectors | 49.50% |
| Portfolio P/B Ratio | 3.57 |
| Portfolio P/E Ratio | 23.60 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 99,007 | 1,49,754 |
| Giant (%) | 45.46 | 51.59 |
| Large (%) | 12.65 | 20.01 |
| Mid (%) | 27.01 | 23.01 |
| Small (%) | 14.87 | 6.15 |
| Tiny (%) | — | 0.04 |
How to Invest in Aditya Birla (ABSL) Bal Bhavishya Yojna?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Bal Bhavishya Yojna
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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