January 23, 2024
mayank
Aditya Birla (ABSL) Multi Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 12.1177
NAV IDCW: Rs 12.1171
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 seeks to provide long term capital appreciation by investing across asset classes like Equity, Debt, Commodities, & units of REITs & InvITs.
Fund Manager:
1) Dhaval Shah
Education: Mr.Shah has done B.Com. from University of Mumbai & MBA from Somaiya Institute of Management Studies & Research. He also holds CFA designation.
Experience: Prior to joining Aditya Birla Sunlife Mutual Fund he has worked with HDFC Mutual Fund, Reliance Mutual Fund, Morgan Stanley.
2) Bhupesh Bameta
Education: Mr. Bameta has done B.Tech (IIT Kanpur), CFA Charterholder (CFA Institute, USA)
Experience: Prior to joining Aditya Birla Sun Life Mutual Fund as an Analyst, Fixed Income. He was the Head of Research in Forex and Rates Desk at Edelweiss Securities Limited, covering global and Indian forex markets and economies. He was also associated with Quant Capital for 6 years as an Economist and was covering Indian and global economy and markets.
3) Sachin Wankhede
Education: Mr. Wankhede is a B. Com and PGDBM
Experience: Prior to joining Aditya Birla Sun Life AMC Limited, He was previously associated with Aditya Birla Financial Services Group, L&T Infrastructure Finance Company, Credit Analysis and Research and Gammon Infrastructure Projects Ltd.
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 365 days |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 31-Jan-23 |
| Return Since Launch | 21.18% |
| Benchmark | S&P BSE 200 (65), CRISIL Short-Term Bond Index (25), Domestic Price of Gold (5), Domestic Price of Silver (5) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,950 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.38% |
| (As on 31-Dec-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Aditya Birla (ABSL) Multi Asset Allocation Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Multi Asset Allocation Dir | 0.00 | 0.44 | 0.80 | 7.27 | 8.49 | — | — | — | — | — |
| VR Balanced TRI | -0.36 | 0.70 | 0.80 | 9.49 | 8.81 | — | — | — | — | — |
| Hybrid: Multi Asset Allocation | 0.69 | 0.66 | 1.69 | 8.78 | 11.21 | — | — | — | — | — |
| Rank within category | 27 | 26 | 27 | 22 | 20 | — | — | — | — | — |
| Number of funds in category | 31 | 31 | 31 | 31 | 28 | 25 | 17 | 12 | 8 | 6 |
Peer Comparison of Aditya Birla (ABSL) Multi Asset Allocation 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 Multi Asset Allocation Dir | Unrated | — | — | — | 0.38 | 2,950 | 21.18 | 1.00 (365) | 11M | — |
| ICICI Pru Multi Asset Dir | 4 star | 25.63 | 24.52 | 19.44 | 0.84 | 30,650 | 16.81 | 1.00 (365) | 11Y | 30.00 |
| SBI Multi Asset Allocation Dir | 4 star | 24.84 | 14.89 | 14.29 | 0.66 | 3,133 | 12.15 | 1.00 (365) | 11Y | — |
| HDFC Multi Asset Dir | 4 star | 19.20 | 14.52 | 15.19 | 0.85 | 2,312 | 11.68 | 1.00 (365) | 11Y | 14.81 |
| Tata Multi Asset Opp Dir | 4 star | 20.74 | 16.97 | — | 0.42 | 2,263 | 20.99 | 1.00 (365) | 3Y 10M | 17.65 |
Portfolio Analysis of Aditya Birla (ABSL) Multi Asset Allocation Fund
| No. of Stocks | 57 |
| Top 10 Holdings | 34.82% |
| Top 5 Stocks | 25.18% |
| Top 3 Sectors | 28.39% |
| Portfolio P/B Ratio | 3.72 |
| Portfolio P/E Ratio | 26.20 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,49,477 | 1,77,061 |
| Giant (%) | 51.12 | 51.30 |
| Large (%) | 17.31 | 20.78 |
| Mid (%) | 24.04 | 21.52 |
| Small (%) | 7.54 | 7.32 |
| Tiny (%) | — | 0.23 |
How to Invest in Aditya Birla (ABSL) Multi Asset Allocation Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Multi Asset Allocation Fund
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