January 17, 2024
mayank
Aditya Birla (ABSL) Financial Planning FoF – Conservative Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 30.8963
NAV IDCW Quarterly: Rs 20.9779
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 aims to generate returns by investing in mutual fund schemes selected in accordance with the BSLAMC process, as per the risk-return profile of investors.
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) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| 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) Financial Planning FoF – Conservative Plan
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 9.20% |
| Benchmark | CRISIL Short Term Debt Hybrid 75+25 Index |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 18 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.37% |
| (As on 30-Nov-2023) | |
| Risk Grade | Low |
| Return Grade | Below Average |
| Turnover | — |
Trailing Returns (%) of Aditya Birla (ABSL) Financial Planning FoF – Conservative Plan
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Fin Planning FOF Cons Dir | 0.97 | -0.14 | 1.77 | 6.21 | 9.72 | 16.97 | 10.54 | 10.75 | 9.60 | 9.77 |
| VR Balanced TRI | 1.29 | -0.26 | 2.47 | 10.77 | 11.99 | 22.29 | 14.92 | 14.99 | 14.56 | 13.45 |
| Hybrid: Multi Asset Allocation | 1.07 | -0.21 | 2.18 | 9.07 | 12.49 | 22.55 | 15.48 | 14.55 | 11.07 | 11.58 |
| Rank within category | 18 | 7 | 21 | 28 | 20 | 19 | 15 | 10 | 6 | 5 |
| Number of funds in category | 31 | 29 | 31 | 31 | 28 | 25 | 17 | 12 | 8 | 6 |
Peer Comparison of Aditya Birla (ABSL) Financial Planning FoF – Conservative Plan
| 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 Fin Planning FOF Cons Dir | 4 star | 16.97 | 10.54 | 10.75 | 0.37 | 18 | 9.20 | 1.00 (365) | 11Y | — |
| ICICI Pru Asset Allocator (FOF) Dir | 5 star | 19.98 | 14.98 | 14.68 | 0.25 | 21,294 | 12.71 | 1.00 (365) | 11Y | 6.00 |
| HDFC Asset Allocator FoF Dir | Unrated | 23.14 | — | — | 0.15 | 2,896 | 17.73 | 1.00 (365) | 2Y 8M | — |
| Kotak Multi Asset Allocator FoF- Dyn Dir | Unrated | 24.73 | 20.28 | 19.79 | 0.30 | 1,266 | 15.92 | 1.00 (365) | 11Y | 32.18 |
| ICICI Pru Passive Multi-Asset FoF Dir | Unrated | 15.53 | — | — | 0.10 | 1,062 | 11.68 | 1.00 (365) | 2Y | — |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 69,157 | 1,77,061 |
| Giant (%) | 28.10 | 51.30 |
| Large (%) | 23.95 | 20.78 |
| Mid (%) | 37.65 | 21.52 |
| Small (%) | 10.31 | 7.32 |
| Tiny (%) | — | 0.23 |
| Fund | Category | |
| Number of Securities | 16 | 52 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
How to Invest in Aditya Birla (ABSL) Financial Planning FoF – Conservative Plan?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Financial Planning FoF – Conservative Plan
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