Fund Category FoF (Overseas)
Investment Objective The primary objective of the Scheme is to achieve long-term capital growth by investing primarily in units of Julius Baer Equity Next Generation Fund. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes' objectives will be achieved.
| Fund Details | |
|---|---|
| Fund Manager: | Mr. Dhaval Joshi |
| Managing Fund Since: | November 21, 2022 |
| Experience in Managing the Fund: | 0.5 years |
| Date of Allotment: | September 17, 2008 |
| Type of Scheme: | An open ended fund of fund scheme investing primarily in units of Julius Baer Equity Next Generation Fund |
| Application Amount for fresh subscription: | 100 (plus in multiplies of 1) |
| Min. Addl. Investment: | 100 (plus in multiplies of 1) |
| SIP: | Monthly: Minimum 100/- |
| NAV of Plans / Options () | $Income Distribution cum capital withdrawal |
| Regular Plan | |
| Growth: | 19.7852 |
| IDCW$: | 19.7886 |
| Direct Plan | |
| Growth: | 20.4694 |
| IDCW$: | 18.1041 |
| Benchmark: | MSCI ACWI Index |
| Monthly Average AUM: | 253.28 Crores |
| AUM as on last day: | 253.64 Crores |
| Load Structure (as % of NAV) (Incl. for SIP) | |
| Entry Load: | Nil |
| Exit Load:For redemption/switch out of units within 28 days from the date of allotment: 0.25% of applicable NAV. For redemption/switch out of units after 28 days from the date of allotment: NIL Exit Load is NIL for units issued in Reinvestment of IDCW. | |
| Other Parameters | |
| Total Expense Ratio (TER) | |
| Including additional expenses and goods and service tax on management fees. | |
| Regular | 1.13% |
| Direct | 0.63% |
(In addition to the above, the scheme will also incur 0.93% i.e total weighted average of the expense ratio levied by the underlying schemes.)
Note: The investors will bear the recurring expenses of the Fund of Fund (�FoF�) scheme in addition to the expenses of the Underlying Schemes in which Investments are made by the FoF scheme.
Data as on 30th June 2023 unless otherwise specified
| Portfolio Holdings | ||
|---|---|---|
| Issuer | % to net Assets |
Rating |
| MUTUAL FUNDS | 99.01% | |
| Julius Baer Equity Next Generation - USD Class C Shares | 99.01% | |
| Cash & Current Assets | 0.99% | |
| Total Net Assets | 100.00% | |
# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above. 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. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.
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.
This page is a part of the July 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.
