Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth

Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth

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Hybrid
Direct
Children

NAV: ₹ 13.7 as on 23-03-2023

Fund Performance
zero opening, trading, fund transfer fee
28 people have invested ₹ 43.7K in mutual fund in the last three months

Fund Insights

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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%

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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

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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

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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)

Return
1M
3M
6M
1Y
3Y
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth
-2.6%
-6.5%
-6.7%
-0.7%
17.1%
Hybrid Equity Index
-
-
-
-
-

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

Expense ratio
Expense ratio
0.76%
Benchmark
Benchmark
IISL Nifty 500 TR INR
AUM
AUM
₹637 Cr
Inception Date
Inception Date
12 February, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
5 Years
TurnOver
TurnOver
8.35%

Fund Distribution as on (28-Feb-23)

  • Equity 98.5%

  • Debt & Cash 1.5%

Size breakup

Large cap
60.8%
Mid cap
25.4%
Small cap
12.4%

Sector Allocation

Feb'23

Jan'23

Dec'22

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

Equity Holdings59

Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
-2.37%
-3.11%
-2.38%
Hybrid Equity Index
-0.22%
-2.26%
-2.01%
  • 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

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 637.4 Cr
₹ 645.5 Cr
₹ 658 Cr
  • 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%
HDFC Bank Ltd's allocation increased from 4.29% to 5.3%
Infosys Ltd's allocation increased from 5.34% to 6.34%
Infosys Ltd's allocation increased from 5.34% to 6.34%
Larsen & Toubro Ltd's allocation increased from 2.61% to 3.2%
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 %
Reliance Industries Ltd's allocation decreased from 4.47 % to 4.21 %
Axis Bank Ltd's allocation decreased from 4.27 % to 3.59 %
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 %
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%

Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth Fund Manager

Harshil Suvarnkar

Harshil Suvarnkar

Fund Manager of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth, since 22 March 2021
Atul Penkar

Atul Penkar

Fund Manager of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth, since 31 December 2021

Fund 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 8.04% since inception which is less than its category average return of 11.14%
Fund Allocations

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

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%

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.