Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth

Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth

Hybrid

Direct

Children

NAV as on 02-12-2024

₹ 21.63

0.6%

1D

Inception Returns

14.2%

/yr

About Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth

Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth is a hybrid fund. This fund was started on 12 February, 2019. The fund is managed by Chanchal Khandelwal, Harshil Suvarnkar. This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth has ₹1088 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth has given a CAGR return of 14.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.76%, 14.08% and 14.52% respectively.

Holdings

Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Basic Materials, Energy, Tech, Consumer Defensive, Health, Utilities, Communication, Real Estate.

Taxation

As it is a children 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth

The investment objective of the Wealth Plan 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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. There is a lock in period for Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth of 5 Years

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
65 people have invested ₹ 1.3L in Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth in the last three months

Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth Overview

Expense ratio0.78%
Benchmark
IISL Nifty 500 TR INR
AUM₹1088 Cr
Inception Date12 February, 2019
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock In5 Years
TurnOver
63.98%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (02-Dec-24)

Period
Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth
Hybrid Equity Index
1M
0.2%
-
3M
-3.8%
-
6M
8.8%
-
1Y
22.8%
-
3Y
14.1%
-
5Y
14.5%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 98.5%

  • Debt & Cash 1.5%

Large cap
55%

Small cap
28.4%

Mid cap
10.5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
28.5%
Consumer Cyclical
17.3%
Industrial
12.3%
Basic Materials
8.5%
Energy
7.3%
Tech
7.3%
Consumer Defensive
5.1%
Health
4.8%
Utilities
3.9%
Communication
3.2%
Real Estate
1.8%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.1K Cr
₹ 1.2K Cr
₹ 1.1K Cr
  • AUM of the fund stands at 1.1K Cr as of Oct'24
  • AUM decreased by 63.3 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial

Oct'24
Financial Services
29%
Consumer Cyclical
17%
Industrial
12%
Sep'24
Financial Services
27%
Consumer Cyclical
18%
Industrial
13%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
63
62
63
Top 5 Company Concentration
24%
22.4%
22.7%
Company having highest exposure
ICICI Bank Ltd (6.4%)
ICICI Bank Ltd (6%)
ICICI Bank Ltd (5.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
74%
74.8%
74.6%
Sector having highest exposure
Financial Services (28.5%)
Financial Services (27.1%)
Financial Services (26.9%)
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Chanchal Khandelwal
Chanchal Khandelwal
Fund Manager of Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth, since 31 October 2024
Harshil Suvarnkar
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth, since 22 March 2021
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.89L Cr
as on 31-Oct-2024
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com

Mutual Fund Insights

Insights icon
In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 22.71% return, outperforming this fund by 8.64% per annum.
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In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 38.04% return, outperforming this fund by 15.28%.
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In the last 5 years, HDFC Childrens Gift Fund Direct Plan(Lock-in) has given 19.62% return, outperforming this fund by 5.09% per annum.
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This fund has one of the lowest expense ratio in the category (children). Its expense ratio is 0.78% which is lower than the category average expense ratio of 1.48%.
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Over the last 1 month, this fund has increased expense ratio by 21.9% moving from 0.64 to 0.78.
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Over the last 1 month, this fund has experienced a 5.5% drop in AUM moving from 1.15K Cr to 1.08K Cr.

Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.2% since inception which is more than its category average return of 13.42%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.47% in Equity, 0% in Debt and 1.53% in Cash related instruments
AUM size ₹1088 Cr

AUM size ₹1088 Cr

This fund has AUM of ₹1088 Cr which is less than its category average of ₹ 1721 Cr
Expense Ratio 0.78%

Expense Ratio 0.78%

This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.7%

Frequently Asked Questions for Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth

The current NAV of Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth is ₹21.63 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.19%
0.19%
6 Month Returns
8.8%
8.8%
1 Year Returns
22.76%
22.76%
3 Years Returns
48.46%
14.08%
5 Years Returns
96.99%
14.52%
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0.78% as on November 2024
₹1088 Cr as on November 2024
ICICI Bank Ltd(6.41%), HDFC Bank Ltd(5.27%), Infosys Ltd(4.87%), Reliance Industries Ltd(4.05%), Larsen & Toubro Ltd(3.39%) as on November 2024
Financial Services(28.11%), Consumer Cyclical(17.05%), Industrial(12.16%) as on November 2024
Chanchal Khandelwal, Harshil Suvarnkar are the fund managers of Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth
The Exit load of Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth is 0%