January 22, 2024
mayank
Aditya Birla (ABSL) Manufacturing Equity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 28.4700
NAV IDCW: Rs 20.7100
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 generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in Manufacturing activity.
Fund Manager:
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.
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 90 days |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 31-Jan-15 |
| Return Since Launch | 12.23% |
| Benchmark | S&P BSE India Manufacturing TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 819 Cr |
| (As on 31-Dec-2023) | |
| Expense | 1.52% |
| (As on 31-Dec-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 14.00% |
Trailing Returns (%) of Aditya Birla (ABSL) Manufacturing Equity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Manufacturing Equity Dir | 1.75 | 1.57 | 5.68 | 15.26 | 20.38 | 36.74 | 17.46 | 16.04 | — | — |
| S&P BSE 500 TRI | 0.93 | 1.02 | 2.32 | 13.34 | 15.85 | 27.93 | 19.16 | 17.91 | — | — |
Peer Comparison of Aditya Birla (ABSL) Manufacturing Equity 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 Manufacturing Equity Dir | Unrated | 36.74 | 17.46 | 16.04 | 1.52 | 819 | 12.23 | 1.00 (90) | 8Y 11M | 14.00 |
| ICICI Pru Ind Opp Dir | Unrated | 38.60 | 33.36 | 24.24 | 0.62 | 15,205 | 24.37 | 1.00 (365) | 5Y | 60.00 |
| ICICI Pru Business Cycle Dir | Unrated | 36.04 | 25.49 | — | 0.81 | 7,616 | 25.50 | 1.00 (30) | 3Y | 46.00 |
| ICICI Pru Innovation Dir | Unrated | — | — | — | 0.73 | 3,622 | 40.50 | 1.00 (365) | 8M | 67.00 |
| Axis India Manufacturing Dir | Unrated | — | — | — | 0.26 | 3,521 | 3.90 | 1.00 (360) | 1M | — |
Portfolio Analysis of Aditya Birla (ABSL) Manufacturing Equity Fund
| No. of Stocks | 44 |
| Top 10 Stocks | 39.97% |
| Top 5 Stocks | 24.46% |
| Top 3 Sectors | 53.28% |
| Portfolio P/B Ratio | 4.29 |
| Portfolio P/E Ratio | 36.56 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 69,015 | 1,23,144 |
| Giant (%) | 31.04 | 44.01 |
| Large (%) | 22.65 | 25.79 |
| Mid (%) | 31.57 | 26.79 |
| Small (%) | 14.74 | 12.86 |
| Tiny (%) | — | 0.91 |
How to Invest in Aditya Birla (ABSL) Manufacturing Equity Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Manufacturing Equity 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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