January 29, 2024
mayank
Aditya Birla (ABSL) Retirement Fund – The 50s Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 13.7467
NAV IDCW: Rs 13.7464
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 seeks to invests predominantly in debt and money market instruments with marginal allocation to equity and equity related 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 |
| Exit Load | 0 |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 11-Mar-19 |
| Return Since Launch | 6.74% |
| Benchmark | CRISIL Short Term Debt Hybrid 75+25 Index |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 29 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.62% |
| (As on 31-Dec-2023) | |
| Risk Grade | Above Average |
| Return Grade | Low |
| Turnover | 45.00% |
Trailing Returns (%) of Aditya Birla Retirement Fund – The 50s Plan
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Retirement 50s Dir | 0.01 | -0.01 | 0.57 | 4.46 | 4.67 | 11.37 | 5.90 | — | — | — |
| VR MIP TRI | -0.38 | -0.18 | 0.49 | 6.32 | 5.64 | 12.56 | 8.84 | — | — | — |
| Hybrid: Conservative Hybrid | 0.44 | -0.04 | 0.98 | 5.07 | 6.08 | 12.87 | 8.92 | — | — | — |
| Rank within category | 25 | 9 | 28 | 23 | 24 | 22 | 27 | — | — | — |
| Number of funds in category | 31 | 31 | 31 | 31 | 31 | 31 | 28 | 25 | 25 | 22 |
Peer Comparison of Aditya Birla (ABSL) Retirement Fund – The 50s 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 50s Dir | 1 star | 11.37 | 5.90 | — | 0.62 | 29 | 6.74 | — | 4Y 10M | 45.00 |
| 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) Retirement Fund – The 50s Plan
| Number of Stocks | 40 |
| Number of Bonds | 8 |
| Average Maturity (yrs) | 3.85 |
| Top 10 Holdings | 66.49% |
| Portfolio P/B Ratio | 3.82 |
| Portfolio P/E Ratio | 25.61 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,23,267 | 2,12,187 |
| Giant (%) | 54.06 | 60.81 |
| Large (%) | 12.90 | 16.69 |
| Mid (%) | 19.30 | 17.62 |
| Small (%) | 13.73 | 9.67 |
| Tiny (%) | — | 2.44 |
| Fund | Category | |
| Number of Securities | 48 | 57 |
| Macaulay Duration (yrs) | 2.93 | 3.69 |
| Average Maturity (yrs) | 3.85 | 6.17 |
| Yield to Maturity (%) | 7.14 | 7.66 |
| Avg Credit Rating | — |
How to Invest in Aditya Birla Retirement Fund – The 50s Plan?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Retirement Fund – The 50s Plan
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks