December 28, 2023
mayank
Aditya Birla (ABSL) Business Cycle Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 12.9100
NAV IDCW: Rs 12.9100
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
Fund Manager:
1) Dhaval Gala
Education: Mr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.
Experience: Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).
2) 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) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 30 days |
Basic Details of Aditya Birla (ABSL) Business Cycle Fund
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 03-Dec-21 |
| Return Since Launch | 13.16% |
| Benchmark | S&P BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,506 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.87% |
| (As on 30-Nov-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Aditya Birla (ABSL) Business Cycle Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Business Cycle Dir | 20.32 | 0.78 | 8.76 | 9.59 | 16.41 | 20.43 | — | — | — | — |
| S&P BSE 500 TRI | 25.65 | 0.75 | 9.34 | 11.27 | 19.63 | 25.95 | — | — | — | — |
Peer Comparison of Aditya Birla (ABSL) Business Cycle 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 Business Cycle Dir | Unrated | 20.43 | — | — | 0.87 | 1,506 | 13.16 | 1.00 (30) | 2Y | — |
| ICICI Pru Ind Opp Dir | Unrated | 36.93 | 35.91 | — | 0.66 | 13,803 | 24.18 | 1.00 (365) | 4Y 11M | 60.00 |
| ICICI Pru Business Cycle Dir | Unrated | 33.45 | — | — | 0.81 | 7,095 | 24.73 | 1.00 (30) | 2Y 11M | 40.00 |
| ICICI Pru Innovation Dir | Unrated | — | — | — | 0.79 | 3,266 | 35.70 | 1.00 (365) | 8M | 64.00 |
| Sundaram Srvices Dir | Unrated | 28.32 | 26.35 | 23.27 | 0.81 | 3,040 | 22.62 | 1.00 (365) | 5Y 3M | 38.00 |
Portfolio Analysis of Aditya Birla (ABSL) Business Cycle Fund
| No. of Stocks | 43 |
| Top 10 Stocks | 44.86% |
| Top 5 Stocks | 26.43% |
| Top 3 Sectors | 44.97% |
| Portfolio P/B Ratio | 3.71 |
| Portfolio P/E Ratio | 24.89 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,73,522 | 1,16,211 |
| Giant (%) | 65.04 | 44.83 |
| Large (%) | 11.26 | 25.26 |
| Mid (%) | 17.09 | 26.02 |
| Small (%) | 6.61 | 12.48 |
| Tiny (%) | — | 1.26 |
How to Invest in Aditya Birla (ABSL) Business Cycle Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Business Cycle Fund
Do not invest in this, or any other thematic 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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