Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl

Hybrid
Direct
Children
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 12 February, 2019. The fund is managed by Harshil Suvarnkar. This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl has ₹995 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 14.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 33.40%, 15.15% and 15.17% respectively.

Holdings

Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Energy, Basic Materials, Communication, Consumer Defensive, Health, Tech, Utilities, 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 Direct Reinvestment Inc Dist cum Cap Wdrl

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 0.00. There is a lock in period for Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl of 5 Years

Fund Performance

Fund Overview

Expense ratio0.66%
Benchmark
IISL Nifty 500 TR INR
AUM₹995 Cr
Inception Date12 February, 2019
Min Lumpsum/SIP--/--
Exit Load0%
Lock In5 Years
TurnOver
47.61%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 98.9%

  • Debt & Cash 1.1%

Large cap
58.7%

Small cap
21.6%

Mid cap
18.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
25.6%
Consumer Cyclical
18.5%
Industrial
14.6%
Energy
9.1%
Basic Materials
7.9%
Communication
5.5%
Consumer Defensive
5.1%
Health
4.4%
Tech
4.3%
Utilities
3.7%
Real Estate
1.1%
All changes are between Oct'69 and Dec'69

Harshil Suvarnkar
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl, since 22 March 2021

Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl 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 14.85% since inception which is more than its category average return of 13.19%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.94% in Equity, 0% in Debt and 1.06% in Cash related instruments
AUM size ₹995 Cr

AUM size ₹995 Cr

This fund has AUM of ₹995 Cr which is less than its category average of ₹ 1579 Cr
Expense Ratio 0.66%

Expense Ratio 0.66%

This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.71%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl is ₹21.01 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.9%
5.9%
6 Month Returns
16.33%
16.33%
1 Year Returns
33.4%
33.4%
3 Years Returns
52.69%
15.15%
5 Years Returns
102.6%
15.17%
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.
0.66% as on May 2024
₹995 Cr as on May 2024
ICICI Bank Ltd(6.09%), HDFC Bank Ltd(5.09%), Reliance Industries Ltd(4.27%), Infosys Ltd(4.26%), Larsen & Toubro Ltd(3.75%) as on May 2024
Financial Services(25.38%), Consumer Cyclical(18.35%), Industrial(14.47%) as on May 2024
Harshil Suvarnkar is the fund manager of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Reinvestment Inc Dist cum Cap Wdrl is 0%