Aditya Birla Sun Life Asset Allocator FoF Scheme Fund Direct Growth

Aditya Birla Sun Life Asset Allocator FoF Scheme Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Vinod Bhat. This fund gives you the benefit of diversification.

1. Aditya Birla Sun Life Asset Allocator FoF Scheme Fund Direct Growth has ₹203 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.9.
   

Aditya Birla Sun Life Asset Allocator FoF Scheme Fund Direct Growth has given a CAGR return of 12.27% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.88%, 16.70% and 19.21% respectively.

Aditya Birla Sun Life Asset Allocator FoF Scheme Fund Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Cash Equivalent, Consumer Cyclical, Consumer Defensive, Industrial, Basic Materials, Health, Tech, Utilities, Communication, Energy, Real Estate.

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio of equity schemes, ETFs and debt schemes accessed through the diversified investment styles. There can be no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Aditya Birla Sun Life Asset Allocator FoF Scheme Fund Direct Growth has no lock in period.