Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth

Hybrid
Direct
Retirement
Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth

About the Fund

Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth is a hybrid fund. This fund was started on 12 March, 2019. The fund is managed by Dhaval Shah, Harshil Suvarnkar. This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth has ₹375 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth has given a CAGR return of 14.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 34.48%, 14.71% and 15.01% respectively.

Holdings

Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Government, Health, Tech, Energy, Basic Materials, Real Estate, Consumer Defensive, Communication, Utilities, Corporate.

Taxation

As it is a retirement 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 Retirement Fund The 30s Pln Direct Growth

The primary investment objective of the Scheme is income generation and capital appreciation for its investors which will be in line with their retirement goals by investing in a mix of equity, equity related instruments along with debt and money market instruments. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes' objectives will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. There is a lock in period for Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth of 5 Years

Fund Performance
zero opening, trading, fund transfer fee
69 people have invested ₹ 1.7L in Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth in the last three months

Fund Overview

Expense ratio1.04%
Benchmark
NIFTY 500 TR INR
AUM₹375 Cr
Inception Date12 March, 2019
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock In5 Years
TurnOver
5.87%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 96.5%

  • Debt & Cash 3.5%

Large cap
63.1%

Small cap
18.6%

Mid cap
14.8%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
31.4%
Industrial
15.2%
Consumer Cyclical
11.1%
Health
8.2%
Tech
7.2%
Energy
7%
Basic Materials
6.7%
Real Estate
3.6%
Consumer Defensive
3.4%
Communication
3.4%
Utilities
2.7%
All changes are between Oct'69 and Dec'69

Dhaval Shah
Dhaval Shah
Fund Manager of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth, since 28 December 2021
Harshil Suvarnkar
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth, since 22 March 2021

Mutual Fund Insights

Insights icon
In the last 1 year, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 57.11% return, outperforming this fund by 22.64%.
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Over the last 6 months, this fund has experienced a 15.6% growth in AUM moving from 324.0 Cr to 374.66 Cr.
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This fund expense ratio is slightly on the lower side within the category (retirement). Its expense ratio is 1.04% which is lower than the category average expense ratio of 1.4%.
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In the last 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 32.25% return, outperforming this fund by 17.54% per annum.
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In the last 5 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 24.93% return, outperforming this fund by 9.92% per annum.

Aditya Birla Sun Life Retirement Fund The 30s Pln 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 14.05% since inception which is more than its category average return of 12.09%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.51% in Equity, 0.34% in Debt and 3.15% in Cash related instruments
AUM size ₹375 Cr

AUM size ₹375 Cr

This fund has AUM of ₹375 Cr which is less than its category average of ₹ 726 Cr
Expense Ratio 1.04%

Expense Ratio 1.04%

This fund has an expense ratio of 1.04% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth is ₹20.1 as on 24-Jun-2024.
Existing (Absolute + CAGR) as on 24-Jun-2024.
Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.79%
5.79%
6 Month Returns
16.59%
16.59%
1 Year Returns
34.48%
34.48%
3 Years Returns
50.95%
14.71%
5 Years Returns
101.2%
15.01%
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1.04% as on May 2024
₹375 Cr as on May 2024
HDFC Bank Ltd(8.13%), ICICI Bank Ltd(6.45%), Reliance Industries Ltd(5.82%), Larsen & Toubro Ltd(4.46%), Infosys Ltd(4.06%) as on May 2024
Financial Services(30.28%), Industrial(14.7%), Consumer Cyclical(10.71%) as on May 2024
AAA
100
Dhaval Shah, Harshil Suvarnkar are the fund managers of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth
The Exit load of Aditya Birla Sun Life Retirement Fund The 30s Pln Direct Growth is 0%