Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth
Hybrid
Direct
Children
NAV: ₹ 13.7 as on 23-03-2023
Fund Performance
28 people have invested ₹ 43.7K in mutual fund in the last three months
Fund Insights
In the last 1 year, HDFC Childrens Gift Fund Direct Plan(Lock-in) has given 10.09% return, outperforming Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth by 10.81%
In the last 3 years, Tata Young Citizens' Fund (After 7 years) Direct Plan Growth has given 27.44% return, outperforming Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth by 10.33% per annum
Over the last 1 year, Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth has increased expense ratio by 22.6% moving from 0.62 to 0.76
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth has one of the lowest expense ratio in the category (children). Its expense ratio is 0.76% which is lower than the category average expense ratio of 1.57%
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth Performance as on (23-Mar-23)
About the Fund
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth is a hybrid fund. This fund was started on 12 February, 2019. The fund is managed by Harshil Suvarnkar, Atul Penkar. This fund gives you the benefit of diversification.
Key parameters
1) Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth has a NAV of ₹13.71 as on 23-03-2023.
2) Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth has ₹637 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.
3) The fund has an expense ratio 0.76 %.
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth Overview
 | 0.76% |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹637 Cr |
 | 12 February, 2019 |
 | ₹1000/₹500 |
 | 0% |
 | 5 Years |
 TurnOver | 8.35% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
60.8%
Mid cap
25.4%
Small cap
12.4%
Sector Allocation
Financial Services
32.8%
Consumer Cyclical
16%
Industrial
12.1%
Basic Materials
10%
Tech
9.3%
Consumer Defensive
5.8%
Health
5.5%
Energy
4.3%
Real Estate
1.7%
Utilities
1.6%
Communication
1%
Top Holdings of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth as on (28-Feb-23)
Equity Holdings59
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ICICI Bank Ltd | 7.11% | -6.7% | |
 Infosys Ltd | 6.23% | 0% | |
 HDFC Bank Ltd | 5.35% | 0% | |
 Housing Development Finance Corp Ltd | 4.59% | 0% | |
 Reliance Industries Ltd | 4.21% | 0% |
See all
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -2.37% whereas the fund’s underlying benchmark Hybrid Equity Index returns stands at -0.22% as on Feb'23
- This fund underperformed Hybrid Equity Index by 2.15% in Feb'23
AUM Change
- AUM of the fund stands at 637.4 Cr as of Feb'23
- AUM decreased by 8.2 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.29% to 5.3%
Infosys Ltd's allocation increased from 5.34% to 6.34%
Larsen & Toubro Ltd's allocation increased from 2.61% to 3.2%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 4.47 % to 4.21 %
Axis Bank Ltd's allocation decreased from 4.27 % to 3.59 %
State Bank of India's allocation decreased from 3.64 % to 3.34 %
Top 3 Sectors in February were Financial Services, Consumer Cyclical & Industrial
Feb'23
Financial Services
33%
Consumer Cyclical
16%
Industrial
12%
Jan'23
Financial Services
33%
Consumer Cyclical
19%
Industrial
11%
Peer Analysis
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth Fund Manager
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth, since 22 March 2021
Top funds managed
Atul Penkar
Fund Manager of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth, since 31 December 2021
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 8.04% since inception which is less than its category average return of 11.14%
Fund Allocations
This fund has an allocation of 98.51% in Equity, 0% in Debt and 1.49% in Cash related instruments
AUM size ₹637 Cr
This fund has AUM of ₹637 Cr which is less than its category average of ₹ 1253 Cr
Expense Ratio 0.76%
This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.79%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth is 13.71 as on 21-Mar-2023.
Existing (Absolute + CAGR)
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.33% | -4.33% |
6 Month Returns | -7.74% | -7.74% |
1 Year Returns | -0.22% | -0.22% |
3 Years Returns | 60.16% | 17% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.76 as on February 2023
637 Cr as on February 2023
ICICI Bank Ltd(7.11%),Infosys Ltd(6.23%),HDFC Bank Ltd(5.35%),Housing Development Finance Corp Ltd(4.59%),Reliance Industries Ltd(4.21%) as on February 2023
Financial Services(32.36%),Consumer Cyclical(15.71%),Industrial(11.88%) as on February 2023
Harshil Suvarnkar,Atul Penkar are the fund managers of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth
The Exit load of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth is 0%
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.