January 29, 2024
mayank
Aditya Birla (ABSL) Retirement Fund – The 50s Plus – Debt Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 12.8749
NAV IDCW: Rs 12.8748
Suitable For Which Investors?
“Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The Scheme seeks to invests in various debt securities and money market instruments issued by corporates and/or state and central government.
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 of Aditya Birla (ABSL) Retirement Fund – The 50s Plus – Debt Plan
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 11-Mar-19 |
| Return Since Launch | 5.32% |
| Benchmark | CRISIL Short-Term Bond Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 21 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.85% |
| (As on 31-Dec-2023) | |
| Risk Grade | High |
| Return Grade | Low |
Trailing Returns (%) of Aditya Birla Retirement Fund – The 50s Plus – Debt Plan
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Retirement 50s + Debt Dir | 0.45 | 0.05 | 0.60 | 2.17 | 2.94 | 6.34 | 4.25 | — | — | — |
| VR Bond | 0.66 | 0.05 | 0.83 | 2.46 | 3.17 | 7.03 | 4.46 | — | — | — |
| Debt: Corporate Bond | 0.47 | 0.02 | 0.63 | 1.95 | 3.17 | 7.13 | 5.07 | — | — | — |
| Rank within category | 15 | 1 | 20 | 1 | 21 | 22 | 18 | — | — | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 19 | 17 | 13 | 10 |
Peer Comparison of Aditya Birla (ABSL) Retirement Fund – The 50s Plus – Debt 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 | |
| ABSL Retirement 50s + Debt Dir | 1 star | 6.34 | 4.25 | — | 0.85 | 21 | 5.32 | — | 4Y 10M |
| ICICI Pru Corp Bond Dir | 5 star | 7.88 | 5.82 | 7.54 | 0.32 | 23,468 | 8.18 | — | 11Y |
| ABSL Corporate Bond Dir | 4 star | 7.54 | 5.53 | 7.47 | 0.33 | 20,532 | 8.17 | — | 11Y |
| Axis Corporate Debt Dir | 4 star | 7.51 | 5.64 | 7.02 | 0.30 | 4,955 | 7.34 | — | 6Y 6M |
| Nippon Ind Corp Bond Dir | 5 star | 7.48 | 5.97 | 7.02 | 0.34 | 2,400 | 7.90 | — | 11Y |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 15 | 67 |
| Macaulay Duration (yrs) | 2.85 | 2.82 |
| Average Maturity (yrs) | 3.42 | 3.75 |
| Yield to Maturity (%) | 7.44 | 7.70 |
| Avg Credit Rating | AAA | — |
How to Invest in Aditya Birla Retirement Fund – The 50s Plus – Debt Plan?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Retirement Fund – The 50s Plus – Debt 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
https://sahifund.com/uti-nifty-sdl-plus-aaa-psu-bond-apr-2026-7525-index-fund/