January 29, 2024
mayank
Aditya Birla (ABSL) Regular Savings Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 63.6572
NAV IDCW Monthly: Rs 25.4551
Suitable For Which Investors?
Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.
Fund’s Investment Strategy:
The scheme primarily seeks to generate regular income through a predominant exposure to debt and money market instruments. It also aims at capital growth through an equity exposure of maximum 25 per cent.
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) Harshil Suvarnkar
Education: Mr. Suvarnkar has doneB.Com, Masters in Management Studies (Finance) and Post Graduate Diploma in Securities Law.
Experience: Prior to Joining Aditya Birla Sun Life MF, he has worked with Indiabulls Housing Finance Limited.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| 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 | 01-Jan-13 |
| Return Since Launch | 10.54% |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 1,450 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.99% |
| (As on 31-Dec-2023) | |
| Risk Grade | Average |
| Return Grade | Above Average |
| Turnover | 130.00% |
Trailing Returns (%) of Aditya Birla Regular Savings Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Regular Savings Dir | -0.14 | 0.00 | 0.45 | 3.94 | 4.45 | 10.46 | 9.62 | 9.74 | 8.35 | 10.98 |
| VR MIP TRI | -0.38 | -0.18 | 0.49 | 6.32 | 5.64 | 12.56 | 8.84 | 9.50 | 9.00 | 9.36 |
| Hybrid: Conservative Hybrid | 0.44 | -0.04 | 0.98 | 5.07 | 6.08 | 12.87 | 8.92 | 9.10 | 8.17 | 9.82 |
| Rank within category | 28 | 8 | 29 | 27 | 27 | 28 | 9 | 8 | 12 | 4 |
| Number of funds in category | 31 | 31 | 31 | 31 | 31 | 31 | 28 | 25 | 25 | 22 |
Peer Comparison of Aditya Birla (ABSL) Regular Savings 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 Regular Savings Dir | 3 star | 10.46 | 9.62 | 9.74 | 0.99 | 1,450 | 10.54 | 1.00 (90) | 11Y | 130.00 |
| SBI Cons Hybrid Dir | 5 star | 13.42 | 10.79 | 11.24 | 0.62 | 9,277 | 10.00 | 1.00 (365) | 11Y | — |
| ICICI Pru Regular Svngs Dir | 4 star | 12.69 | 9.69 | 10.32 | 0.91 | 3,358 | 10.68 | 1.00 (365) | 11Y | 22.00 |
| HDFC Hybrid Debt Dir | 4 star | 15.18 | 11.61 | 10.84 | 1.27 | 3,010 | 10.03 | 1.00 (365) | 11Y | — |
| Kotak Debt Hybrid Dir | 5 star | 16.22 | 11.87 | 12.86 | 0.45 | 2,189 | 11.05 | 1.00 (180) | 11Y | 24.23 |
Portfolio Analysis of Aditya Birla (ABSL) Regular Savings Fund
| Number of Stocks | 35 |
| Number of Bonds | 94 |
| Average Maturity (yrs) | 5.23 |
| Top 10 Holdings | 24.53% |
| Portfolio P/B Ratio | 4.08 |
| Portfolio P/E Ratio | 26.35 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,85,999 | 2,12,187 |
| Giant (%) | 63.97 | 60.81 |
| Large (%) | 8.41 | 16.69 |
| Mid (%) | 22.00 | 17.62 |
| Small (%) | 5.62 | 9.67 |
| Tiny (%) | — | 2.44 |
| Fund | Category | |
| Number of Securities | 130 | 57 |
| Macaulay Duration (yrs) | 3.20 | 3.69 |
| Average Maturity (yrs) | 5.23 | 6.17 |
| Yield to Maturity (%) | 7.76 | 7.66 |
| Avg Credit Rating | AAA | — |
How to Invest in Aditya Birla Regular Savings Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Regular Savings Fund
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
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Quicklinks
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