Aditya Birla Sun Life Financial Planning FOF Agrsv Plan Growth

Aditya Birla Sun Life Financial Planning FOF Agrsv Plan Growth is a hybrid fund. This fund was started on 9 May, 2011. The fund is managed by Vinod Bhat. This fund gives you the benefit of diversification.

1. Aditya Birla Sun Life Financial Planning FOF Agrsv Plan Growth has ₹215 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 1.9.
   

Aditya Birla Sun Life Financial Planning FOF Agrsv Plan Growth has given a CAGR return of 12.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.63%, 17.66% and 19.28% respectively.

Aditya Birla Sun Life Financial Planning FOF Agrsv Plan Growth has allocated its funds majorly in Government, Corporate, Financial Services, Cash Equivalent, Consumer Cyclical, Industrial, Tech, Health, Basic Materials, Energy, Consumer Defensive, Communication, Utilities, 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 Scheme aims to generate returns by investing in portfolio of equity schemes, ETFs and debt schemes as per the risk-return profile of investors. The Plan under the Scheme has a strategic asset allocation which is based on satisfying the needs to a specific risk-return profile of investors.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Financial Planning FOF Agrsv Plan Growth has no lock in period.