Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth

Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth

Hybrid

Direct

Fund Of Funds

NAV as on 05-12-2024

₹ 57.07

0.3%

1D

Inception Returns

14.3%

/yr

About Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth

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 ₹217 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 14.34% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.22%, 16.79% and 18.44% respectively.

Holdings

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
724 people have invested ₹ 17.8L in Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth in the last three months

Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth Overview

Expense ratio1.05%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹217 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
98.82%
STCGSelling mutual fund 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 (05-Dec-24)

Period
Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth
Fund of Funds Index
1M
1.9%
-
3M
-1.7%
-
6M
13.6%
-
1Y
24.2%
-
3Y
16.8%
-
5Y
18.4%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 66.1%

  • Debt & Cash 24.2%

Large cap
37%

Mid cap
19.4%

Small cap
9.3%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
26.8%
Consumer Cyclical
16%
Industrial
11.8%
Tech
10.4%
Health
8.8%
Basic Materials
6.1%
Consumer Defensive
5.4%
Communication
4.9%
Energy
4.6%
Utilities
4.3%
Real Estate
1%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 216.8 Cr
₹ 228.4 Cr
₹ 224.4 Cr
  • AUM of the fund stands at 216.8 Cr as of Oct'24
  • AUM decreased by 11.6 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Government, Financial Services & Corporate

Oct'24
Government
52%
Financial Services
27%
Consumer Cyclical
16%
Sep'24
Government
53%
Financial Services
25%
Corporate
16%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Aditya BSL Gold ETF
Aditya BSL Gold ETF
9.87%
377.7%
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Vinod Bhat
Vinod Bhat
Fund Manager of Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth, since 16 August 2019
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 1 year, Nippon India Nifty Next 50 Junior BeES FoF Direct Growth has given 45.24% return, outperforming this fund by 21.02%.
Insights icon
In the last 5 years, ICICI Prudential BHARAT 22 FOF Direct Growth has given 26.96% return, outperforming this fund by 8.52% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 5.1% drop in AUM moving from 228.43 Cr to 216.81 Cr.
Insights icon
In the last 3 years, ICICI Prudential BHARAT 22 FOF Direct Growth has given 37.03% return, outperforming this fund by 20.24% per annum.

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 14.34% since inception which is more than its category average return of 11.79%
Fund Allocations

Fund Allocations

This fund has an allocation of 66.1% in Equity, 15.06% in Debt and 9.1% in Cash related instruments
AUM size ₹217 Cr

AUM size ₹217 Cr

This fund has AUM of ₹217 Cr which is less than its category average of ₹ 709 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 for Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth

The current NAV of Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth is ₹57.07 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
Aditya Birla Sun Life Financial ning FOF Agrsv Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.9%
1.9%
6 Month Returns
13.63%
13.63%
1 Year Returns
24.22%
24.22%
3 Years Returns
59.29%
16.79%
5 Years Returns
133.06%
18.44%
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1.05% as on November 2024
₹217 Cr as on November 2024
Aditya BSL Flexi Cap Dir Gr(14.91%), Kotak Multicap Dir Gr(14.78%), ICICI Pru Bluechip Dir Gr(14.74%), HDFC Large and Mid Cap Dir Gr(14.71%), Aditya BSL Gov Sec Dir Gr(10.44%) as on November 2024
Financial Services(18.3%), Government(16.1%), Cash Equivalent(12.86%) as on November 2024
AAA
100
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%