January 29, 2024
mayank
Aditya Birla (ABSL) Retirement Fund – The 40s Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 16.8190
NAV IDCW: Rs 16.8160
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.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks to invests predominantly in equity and equity related instruments with marginal allocation to debt and money market instruments.
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 |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 11-Mar-19 |
| Return Since Launch | 11.24% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 109 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.99% |
| (As on 31-Dec-2023) | |
| Risk Grade | Above Average |
| Return Grade | Low |
| Turnover | 48.00% |
Trailing Returns (%) of Aditya Birla Retirement Fund – The 40s Plan
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Retirement 40s Dir | -0.12 | -0.02 | 1.06 | 10.43 | 8.99 | 22.72 | 11.20 | — | — | — |
| VR Balanced TRI | -1.45 | -0.42 | 0.14 | 10.69 | 8.34 | 18.98 | 14.33 | — | — | — |
| Hybrid: Aggressive Hybrid | 0.19 | -0.15 | 1.53 | 11.79 | 12.11 | 25.59 | 17.03 | — | — | — |
| Rank within category | 29 | 10 | 33 | 29 | 38 | 33 | 39 | — | — | — |
| Number of funds in category | 46 | 46 | 46 | 45 | 44 | 44 | 42 | 35 | 28 | 22 |
Peer Comparison of Aditya Birla (ABSL) Retirement Fund – The 40s 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 40s Dir | 1 star | 22.72 | 11.20 | — | 0.99 | 109 | 11.24 | — | 4Y 10M | 48.00 |
| ICICI Pru Eqt & Debt Dir | 5 star | 31.08 | 26.95 | 20.88 | 1.07 | 29,816 | 17.78 | 1.00 (365) | 11Y | 28.00 |
| HDFC Hybrid Eqt Dir | 4 star | 19.29 | 17.10 | 15.41 | 1.07 | 22,235 | 15.46 | 1.00 (365) | 11Y | 43.11 |
| Canara Robeco Equity Hybrid Dir | 4 star | 22.86 | 14.96 | 16.23 | 0.61 | 9,687 | 14.83 | 1.00 (365) | 11Y | 28.00 |
| HDFC Children’s Gift Dir | 5 star | 29.41 | 20.48 | 17.92 | 0.95 | 8,222 | 16.52 | — | 11Y | 12.67 |
Portfolio Analysis of Aditya Birla (ABSL) Retirement Fund – The 40s Plan
| No. of Stocks | 42 |
| Top 10 Holdings | 44.87% |
| Top 5 Stocks | 29.87% |
| Top 3 Sectors | 37.54% |
| Portfolio P/B Ratio | 4.09 |
| Portfolio P/E Ratio | 26.82 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,26,658 | 1,57,922 |
| Giant (%) | 55.92 | 53.19 |
| Large (%) | 8.22 | 18.02 |
| Mid (%) | 20.83 | 22.15 |
| Small (%) | 15.04 | 8.08 |
| Tiny (%) | — | 0.42 |
| Fund | Category | |
| Number of Securities | 51 | 71 |
| Macaulay Duration (yrs) | 5.02 | 3.18 |
| Average Maturity (yrs) | 6.62 | 4.98 |
| Yield to Maturity (%) | 7.45 | 7.56 |
| Avg Credit Rating | — |
How to Invest in Aditya Birla Retirement Fund – The 40s Plan?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Retirement Fund – The 40s Plan
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
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