January 23, 2024
mayank
Aditya Birla (ABSL) Multi – Index FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 12.8852
NAV IDCW: Rs 12.8857
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 is seeks to generate capital appreciation by investing in passively managed instruments such as ETFs and Index Funds of equity and equity related instruments (domestic index funds & ETFs as well as overseas ETFs), fixed income securities, Gold / Silver.
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 ABSL AMC, 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) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption Within 15 days |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 14-Oct-22 |
| Return Since Launch | 22.17% |
| Benchmark | NIFTY 500 TRI (50), CRISIL Low Duration Debt (30), MSCI All Country World TRI (10), Domestic Price of Gold (5), Domestic Price of Silver (5) |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 11 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.14% |
| (As on 31-Dec-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Aditya Birla (ABSL) Multi – Index FoF
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Multi-Index FoF Dir | 1.08 | 0.84 | 2.36 | 12.04 | 16.73 | 26.67 | — | — | — | — |
| VR Balanced TRI | -0.36 | 0.70 | 0.80 | 9.49 | 8.81 | 19.02 | — | — | — | — |
| Hybrid: Multi Asset Allocation | 0.69 | 0.66 | 1.69 | 8.78 | 11.21 | 21.85 | — | — | — | — |
| Rank within category | 9 | 8 | 5 | 4 | 3 | 4 | — | — | — | — |
| Number of funds in category | 31 | 31 | 31 | 31 | 28 | 25 | 17 | 12 | 8 | 6 |
Peer Comparison of Aditya Birla (ABSL) Multi – Index FoF
| 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-Index FoF Dir | Unrated | 26.67 | — | — | 0.14 | 11 | 22.17 | 0.50 (15) | 1Y 3M | — |
| ICICI Pru Asset Allocator (FOF) Dir | 5 star | 19.63 | 15.02 | 14.66 | 0.23 | 21,294 | 12.69 | 1.00 (365) | 11Y | 6.00 |
| HDFC Asset Allocator FoF Dir | Unrated | 22.18 | — | — | 0.15 | 2,896 | 17.50 | 1.00 (365) | 2Y 8M | — |
| Kotak Multi Asset Allocator FoF- Dyn Dir | Unrated | 24.99 | 20.27 | 19.76 | 0.30 | 1,266 | 15.89 | 1.00 (365) | 11Y | 32.18 |
| ICICI Pru Passive Multi-Asset FoF Dir | Unrated | 14.86 | — | — | 0.10 | 1,062 | 11.23 | 1.00 (365) | 2Y | — |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 78,657 | 1,77,061 |
| Giant (%) | 27.29 | 51.30 |
| Large (%) | 28.05 | 20.78 |
| Mid (%) | 44.00 | 21.52 |
| Small (%) | 0.66 | 7.32 |
| Tiny (%) | — | 0.23 |
| Debt Concentration | ||
| Fund | Category | |
| Number of Securities | 9 | 52 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | — |
How to Invest in Aditya Birla (ABSL) Multi – Index FoF?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Multi – Index FoF
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