January 29, 2024
mayank
Aditya Birla (ABSL) Retirement Fund – The 30s Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 17.4100
NAV IDCW: Rs 17.3990
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks to invest primarily in a well-diversified portfolio of equity and equity related securities.
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) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | 5 Years |
| Exit Load | 0 |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 11-Mar-19 |
| Return Since Launch | 12.03% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 348 Cr |
| (As on 31-Dec-2023) | |
| Expense | 1.04% |
| (As on 31-Dec-2023) | |
| Risk Grade | Above Average |
| Return Grade | Low |
| Turnover | 43.00% |
Trailing Returns (%) of Aditya Birla Retirement Fund – The 30s Plan
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Retirement 30s Dir | -0.72 | -0.10 | 0.99 | 12.54 | 9.14 | 25.17 | 12.41 | — | — | — |
| S&P BSE 500 TRI | -0.15 | -0.28 | 1.84 | 15.73 | 15.00 | 28.64 | 19.53 | — | — | — |
| Equity: Flexi Cap | 0.01 | -0.29 | 1.67 | 14.94 | 15.21 | 31.18 | 19.31 | — | — | — |
| Rank within category | 56 | 22 | 54 | 57 | 71 | 64 | 54 | — | — | — |
| Number of funds in category | 80 | 80 | 80 | 79 | 76 | 71 | 56 | 41 | 35 | 29 |
Peer Comparison of Aditya Birla (ABSL) Retirement Fund – The 30s 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 Retirement 30s Dir | 1 star | 25.17 | 12.41 | — | 1.04 | 348 | 12.03 | — | 4Y 10M | 43.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 37.02 | 23.35 | 24.15 | 0.60 | 52,007 | 20.20 | 2.00 (365) | 10Y 8M | 4.53 |
| HDFC Flexi Cap Dir | 4 star | 32.64 | 27.64 | 20.10 | 0.89 | 45,993 | 16.65 | 1.00 (365) | 11Y | 28.27 |
| Franklin India Flexi Cap Dir | 4 star | 36.06 | 23.43 | 19.75 | 0.99 | 13,792 | 17.19 | 1.00 (365) | 11Y | 17.32 |
| Franklin India Focused Equity Dir | 4 star | 26.00 | 23.11 | 19.49 | 0.96 | 10,390 | 18.77 | 1.00 (365) | 11Y | 26.42 |
Portfolio Analysis of Aditya Birla (ABSL) Retirement Fund – The 30s Plan
| No. of Stocks | 45 |
| Top 10 Stocks | 47.06% |
| Top 5 Stocks | 31.70% |
| Top 3 Sectors | 51.91% |
| Portfolio P/B Ratio | 3.76 |
| Portfolio P/E Ratio | 25.70 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,40,330 | 1,60,012 |
| Giant (%) | 55.71 | 51.24 |
| Large (%) | 9.26 | 20.20 |
| Mid (%) | 22.40 | 22.72 |
| Small (%) | 12.64 | 6.39 |
| Tiny (%) | — | — |
How to Invest in Aditya Birla Retirement Fund – The 30s Plan?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Retirement Fund – The 30s Plan
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
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Quicklinks
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