Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth

Hybrid
Direct
Fund Of Funds
Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth

About the Fund

Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Vinod Bhat. This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth has ₹214 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.1.

Returns

Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth has given a CAGR return of 14.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.08%, 18.17% and 18.97% respectively.

Holdings

Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Financial Services, Government, Consumer Cyclical, Industrial, Health, Tech, Basic Materials, Consumer Defensive, Energy, Communication, Utilities, Real Estate, Securitize.

Taxation

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 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 Financial ning FOF Agrsv Fund Direct Growth

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 and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 500.00. Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
789 people have invested ₹ 16.5L in Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth in the last three months

Fund Overview

Expense ratio1.05%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹214 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
24.11%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 79%

  • Debt & Cash 18.8%

Large cap
41.9%

Mid cap
19.6%

Small cap
16.5%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
26.5%
Consumer Cyclical
14.8%
Industrial
14.3%
Health
8%
Tech
7.9%
Basic Materials
7.3%
Consumer Defensive
6.1%
Energy
5.5%
Communication
4.3%
Utilities
4%
Real Estate
1.2%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Aditya BSL Gold ETF
Aditya BSL Gold ETF
2.11%
-37.4%

Vinod Bhat
Vinod Bhat
Fund Manager of Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth, since 16 August 2019

Mutual Fund Insights

Insights icon
In the last 5 years, ICICI Prudential BHARAT 22 FOF Direct Growth has given 25.76% return, outperforming this fund by 6.79% per annum.
Insights icon
In the last 1 year, ICICI Prudential BHARAT 22 FOF Direct Growth has given 74.02% return, outperforming this fund by 37.94%.
Insights icon
In the last 3 years, ICICI Prudential BHARAT 22 FOF Direct Growth has given 42.34% return, outperforming this fund by 24.17% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 5.4% growth in AUM moving from 203.07 Cr to 214.12 Cr.

Aditya Birla Sun Life Financial ning FOF Agrsv 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 14.74% since inception which is more than its category average return of 13.09%
Fund Allocations

Fund Allocations

This fund has an allocation of 78.98% in Equity, 12.65% in Debt and 6.19% in Cash related instruments
AUM size ₹214 Cr

AUM size ₹214 Cr

This fund has AUM of ₹214 Cr which is less than its category average of ₹ 673 Cr
Expense Ratio 1.05%

Expense Ratio 1.05%

This fund has an expense ratio of 1.05% which is more than its category average expense ratio of 0.77%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth is ₹56.18 as on 16-Jul-2024.
Existing (Absolute + CAGR) as on 16-Jul-2024.
Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.67%
3.67%
6 Month Returns
16.79%
16.79%
1 Year Returns
36.08%
36.08%
3 Years Returns
65.02%
18.17%
5 Years Returns
138.31%
18.97%
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1.05% as on June 2024
₹214 Cr as on June 2024
Kotak Multicap Dir Gr(11.99%), Aditya BSL Flexi Cap Dir Gr(11.95%), Nippon India Growth Dir Gr(11.73%), ICICI Pru Bluechip Dir Gr(11.46%), HDFC Large and Mid Cap Dir Gr(11.34%) as on June 2024
Financial Services(20.97%), Consumer Cyclical(11.72%), Industrial(11.29%) as on June 2024
AAA
87.64
AA
12.36
Vinod Bhat is the fund manager of Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth
The Exit load of Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth is 1%