Aditya Birla Sun Life Bal Bhavishya Yojna |
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An open ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier) |
Data as on 29th December 2023 |
Fund Details |
Investment Objective |
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The investment objective of the Scheme is to seek generation of capital appreciation by creating a portfolio that is predominantly investing in equity & equity related securities and debt and money market instruments. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes' objectives will be achieved. |
Fund Manager | |
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Mr. Harshil Suvarnkar, Mr. Atul Penkar & Mr. Dhaval Joshi |
Managing Fund Since | |
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March 22, 2021, December 28, 2021 & November 21, 2022 |
Experience in Managing the Fund | |
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2.8 years, 2.0 years & 1.1 years |
Load Structure (as % of NAV) (Incl. for SIP) | |
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Entry Load | Nil |
Exit Load | Nil An open ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier). |
Total Expense Ratio (TER) | |
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Regular | 2.18% |
Direct | 0.71% |
Including additional expenses and goods and service tax on management fees. |
AUM ₹ | |
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Monthly Average AUM | 890.67 Crores |
AUM as on last day | 908.67 Crores |
Date of Allotment | |
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February 11, 2019 |
Benchmark | |
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Nifty 500 TRI |
Other Parameters | |
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Standard Deviation | 12.48% |
Sharpe Ratio | 0.35 |
Beta | 0.84 |
Portfolio Turnover | 0.65 |
Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns Risk Free Rate assumed to be 6.90% (FBIL Overnight MIBOR as on 29 December 2023) for calculating Sharpe Ratio |
Application Amount for fresh subscription | |
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₹ 1,000 (plus in multiplies of ₹ 1) |
Min. Addl. Investment | |
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₹ 1,000 (plus in multiplies of ₹ 1) |
SIP | |
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Monthly: Minimum ₹ 500/- |
NAV of Plans / Options ₹ | ||
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Regular Plan | Direct Plan | |
Growth | 16.8900 | 18.4200 |
IDCW$: | 16.9000 | 18.4200 |
$Income Distribution cum capital withdrawal |
PORTFOLIO |
Issuer | % to Net Assets |
BANKS | 18.41% |
ICICI Bank Limited | 6.63% |
HDFC Bank Limited | 6.22% |
IndusInd Bank Limited | 1.56% |
IDFC First Bank Limited | 1.53% |
Axis Bank Limited | 1.53% |
Kotak Mahindra Bank Limited | 0.94% |
Retailing | 6.01% |
FSN E-Commerce Ventures Limited | 1.56% |
Info Edge (India) Limited | 1.41% |
Shoppers Stop Limited | 1.07% |
Zomato Limited | 0.99% |
Go Fashion India Limited | 0.97% |
IT - Software | 5.64% |
Infosys Limited | 4.68% |
Tata Consultancy Services Limited | 0.96% |
Automobiles | 5.32% |
Tata Motors Limited | 2.02% |
Maruti Suzuki India Limited | 1.86% |
Mahindra & Mahindra Limited | 1.45% |
Cement & Cement Products | 4.96% |
UltraTech Cement Limited | 1.43% |
The Ramco Cements Limited | 1.36% |
Ambuja Cements Limited | 1.29% |
Dalmia Bharat Limited | 0.88% |
Finance | 4.68% |
Manappuram Finance Limited | 1.61% |
Bajaj Finance Limited | 1.29% |
Mahindra & Mahindra Financial Services Limited | 1.11% |
SBFC Finance Ltd | 0.67% |
Construction | 4.35% |
Larsen & Toubro Limited | 3.41% |
Ashoka Buildcon Limited | 0.95% |
Petroleum Products | 4.23% |
Reliance Industries Limited | 4.23% |
Industrial Products | 4.10% |
TIMKEN INDIA LTD | 1.68% |
Bharat Forge Limited | 1.39% |
INOX India Ltd | 1.03% |
Leisure Services | 3.65% |
SAMHI Hotels Ltd | 1.48% |
Chalet Hotels Limited | 1.23% |
Devyani International Limited | 0.95% |
Banks | 3.40% |
State Bank of India | 1.64% |
Bank of India | 0.99% |
Issuer | % to Net Assets |
Bank of Baroda | 0.76% |
Consumer Durables | 3.36% |
V-Guard Industries Limited | 1.45% |
Titan Company Limited | 1.26% |
VIP Industries Limited | 0.66% |
Telecom - Services | 2.84% |
Bharti Airtel Limited | 2.84% |
Healthcare Services | 2.54% |
Fortis Healthcare Limited | 2.54% |
Realty | 2.50% |
Phoenix Mills Limited | 1.41% |
Sunteck Realty Limited | 1.09% |
Auto Components | 2.17% |
Samvardhana Motherson International Limited | 1.26% |
Motherson Sumi Wiring India Limited | 0.91% |
Chemicals & Petrochemicals | 1.85% |
Clean Science & Technology Limited | 0.97% |
Navin Fluorine International Limited | 0.87% |
Industrial Manufacturing | 1.71% |
GMM Pfaudler Limited | 1.25% |
Honeywell Automation India Limited | 0.46% |
Beverages | 1.45% |
United Spirits Limited | 1.45% |
Ferrous Metals | 1.38% |
Tata Steel Limited | 1.38% |
Textiles & Apparels | 1.28% |
Gokaldas Exports Ltd | 1.28% |
Diversified FMCG | 1.27% |
ITC Limited | 1.27% |
FINANCE | 1.25% |
REC Limited | 1.25% |
Agricultural Commercial & Construction Vehicles | 1.25% |
Ashok Leyland Limited | 1.25% |
Pharmaceuticals & Biotechnology | 1.22% |
Sun Pharmaceutical Industries Limited | 1.22% |
Insurance | 1.10% |
Star Health & Allied Insurance Limited | 1.10% |
Entertainment | 1.09% |
Zee Entertainment Enterprises Limited | 1.09% |
Transport Services | 1.01% |
InterGlobe Aviation Limited | 1.01% |
Electrical Equipment | 1.00% |
TD Power Systems Limited | 1.00% |
Food Products | 0.93% |
Britannia Industries Limited | 0.93% |
Cash & Current Assets | 4.04% |
Total Net Assets | 100.00% |
Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Atul Penkar is 3. Total Schemes managed by Mr. Harshil Suvarnkar is 15. Total Schemes managed by Mr. Dhaval Joshi is 51. Click here to know more on performance of schemes managed by Fund Managers.
Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 or from any of our Investor Service Centers.
# Scheme Benchmark, ## Additional Benchmark
For SIP calculations above, the data assumes the investment of ₹ 10000/- on 1st day of every month or the subsequent working
day. Load & Taxes are not considered for computation of returns. Performance for IDCW option would assume reinvestment
of tax free IDCW declared at the then prevailing NAV. CAGR returns are computed after accounting for the cash flow by using
XIRR method (investment internal rate of return).Where Benchmark returns are not available, they have not been shown.
Past
performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. IDCW
are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration.
This page is a part of the December 2023 Factsheet of Aditya Birla Sun Life Mutual Fund. Click on http://empower.abslmf.com/ for the digital factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.