Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth

Hybrid
Direct
Fund Of Funds
Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth

About the Fund

Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth is a hybrid fund. This fund was started on 17 October, 2022. The fund is managed by Vinod Bhat. This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth has ₹15 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth has given a CAGR return of 27.64% since inception. Over the last 1 year the fund has given a CAGR return of 39.21%.

Holdings

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

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 Multi Index Fund of Funds Direct Growth

The primary objective of the Scheme is to generate capital appreciation by investing in passively managed instruments such as ETFs and Index Funds of equity and equity related instruments (domestic index funds & ETFs as well as overseas ETFs), fixed income securities, Gold / Silver. The Scheme does not guarantee/indicate any returns. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
325 people have invested ₹ 7.8L in Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth in the last three months

Fund Overview

Expense ratio0.31%
Benchmark
null
AUM₹15 Cr
Inception Date17 October, 2022
Min Lumpsum/SIP₹100/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
16.16%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 73.2%

  • Debt & Cash 17%

Large cap
40.6%

Mid cap
19.2%

Small cap
13.3%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
20.8%
Industrial
18.5%
Consumer Cyclical
11.8%
Utilities
11.1%
Energy
9.1%
Basic Materials
7.7%
Health
6.9%
Tech
5.6%
Consumer Defensive
4.3%
Communication
2.1%
Real Estate
2%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Equity

  • Debt & Cash

Vinod Bhat
Vinod Bhat
Fund Manager of Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth, since 10 March 2023

Aditya Birla Sun Life Multi Index Fund of Funds 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 27.64% since inception which is more than its category average return of 12.68%
Fund Allocations

Fund Allocations

This fund has an allocation of 73.21% in Equity, 0% in Debt and 17.04% in Cash related instruments
AUM size ₹15 Cr

AUM size ₹15 Cr

This fund has AUM of ₹15 Cr which is less than its category average of ₹ 679 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.78%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth is ₹15.1 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.47%
2.47%
6 Month Returns
20.02%
20.02%
1 Year Returns
39.21%
39.21%
3 Years Returns
0%
0%
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.
0.31% as on June 2024
₹15 Cr as on June 2024
Aditya BSL Nifty SmCp 50 Idx Dir Gr(13.93%), Aditya BSL Nifty MdCp 150 Idx Dir Gr(13.59%), Aditya BSL Nifty Next 50 Idx Dir Gr(12.36%), Kotak Nifty 50 ETF(11.57%), Aditya BSL Nifty 200 Momentum 30 ETF(11.29%) as on June 2024
Cash Equivalent(26.79%), Financial Services(15.24%), Industrial(13.54%) as on June 2024
Vinod Bhat is the fund manager of Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth
The Exit load of Aditya Birla Sun Life Multi Index Fund of Funds Direct Growth is 0.5%