November 21, 2024
mayank
Aditya Birla (ABSL) Conglomerate Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Aditya Birla (ABSL) Conglomerate Fund Open Date, Close Date?
NFO opens on December 05, 2024
NFO will close on December 19, 2024
Invest Stratege for this NFO?
The Scheme seeks to achieve long term capital appreciation by investing in equity and equity related securities of companies that follow conglomerate theme.
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Issue Open | 05 December 2024 |
| Issue Close | 19 December 2024 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 90 days |
| Riskometer | Very High |
| Benchmark | BSE Select Business Groups TRI |
About Benchmark Index for this NFO?
The BSE Select Business Groups index measures the performance of the top 30 companies from the largest seven business groups in India, selected based on free-float market capitalization from the BSE 500 index. The index excludes the companies belonging to the Financial Services sector.
The index can be used by Mutual Funds for running passive strategies such as ETFs and Index Funds as well as gauging the performance of companies in the index. This index can also be used for benchmarking of PMS strategies, active MF Schemes and other investment portfolios.
Quick Facts
| Weighting Method | Capped Float-adjusted market cap weighted |
| Rebalancing Frequency | Semiannually in June and December |
| Calculation Frequency | Real time |
| Calculation Currencies | INR |
| Launch Date | 8th October 2024 |
| First Value Date | 23rd June 2014 |
Fund Managers of Aditya Birla (ABSL) Conglomerate Fund
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.
2) Kunal Sangoi
Education: Mr. Sangoi is a B.Com (H) and Chartered Accountant.
Experience: Prior to joining Aditya Birla Sun Life AMC he has worked with Edelweiss Financial Services Ltd.
AMC
Aditya Birla Sun Life AMC Ltd.
Address: One World Center, Tower 1, 17th Floor, Jupiter Mill Compound Senapati Bapat Marg, Elphinstone Road Mumbai – 400013
Website: http://mutualfund.adityabirlacapital.com
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in Aditya Birla (ABSL) Conglomerate Fund NFO?
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Quicklinks
https://sahifund.com/review-of-aditya-birla-sun-life-conglomerate-fund-nfo/