Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth

Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth

Hybrid

Direct

Retirement

NAV as on 04-10-2024

₹ 15.14

-0.2%

1D

Inception Returns

7.7%

/yr

About the Fund

Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth is a hybrid fund. This fund was started on 12 March, 2019. The fund is managed by Harshil Suvarnkar, Dhaval Shah. This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth has ₹27 Cr worth of assets under management (AUM) as on Aug 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth has given a CAGR return of 7.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.31%, 8.29% and 7.69% respectively.

Holdings

Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth has allocated its funds majorly in Government, Financial Services, Industrial, Tech, Consumer Cyclical, Health, Cash Equivalent, Corporate, Basic Materials, Consumer Defensive, Communication, Real Estate.

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 50s 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 50s Pln Direct Growth of 5 Years

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
8 people have invested ₹ 52.3K in Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth in the last three months

Fund Overview

Expense ratio0.59%
Benchmark
CRISIL ST Debt Hybrid 75+25 TR INR
AUM₹27 Cr
Inception Date12 March, 2019
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock In5 Years
TurnOver
70.33%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (04-Oct-24)

Period
Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth
Retirement Index
1M
0.8%
-
3M
3.2%
-
6M
7.5%
-
1Y
14.3%
-
3Y
8.3%
-
5Y
7.7%
-

Fund Distribution

as on (31-Aug-24)

  • Equity 24.9%

  • Debt & Cash 75.1%

Sector Allocation

Aug'24

Jul'24

Jun'24

Financial Services
29.1%
Industrial
18.1%
Tech
15.1%
Consumer Cyclical
10.6%
Health
8.8%
Basic Materials
8.4%
Consumer Defensive
3.9%
Communication
3.7%
Real Estate
2.3%
All changes are between Oct'69 and Dec'69
Parameters
Aug'24
Jul'24
Jun'24
AUM
₹ 26.6 Cr
₹ 27.6 Cr
₹ 27.4 Cr
  • AUM of the fund stands at 26.6 Cr as of Aug'24
  • AUM decreased by 1 Cr between Aug'24 and Jul'24

Top 3 Sectors in August were Government, Financial Services & Industrial

Aug'24
Government
79%
Financial Services
29%
Industrial
18%
Jul'24
Government
76%
Financial Services
29%
Industrial
18%
Fund
Aug'24
Jul'24
No of Holdings
49
50
Top 5 Company Concentration
8%
8.1%
Company having highest exposure
ICICI Bank Ltd (2.2%)
ICICI Bank Ltd (2.1%)
No of Sectors
11
12
Top 5 Sectors Concentration
152%
148.1%
Sector having highest exposure
Government (79.1%)
Government (79.9%)
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Harshil Suvarnkar
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth, since 22 March 2021
Dhaval Shah
Dhaval Shah
Fund Manager of Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth, since 28 December 2021
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.81L Cr
as on 31-Aug-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, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 52.36% return, outperforming this fund by 38.02%.
Insights icon
This fund has one of the lowest expense ratio in the category (retirement). Its expense ratio is 0.59% which is lower than the category average expense ratio of 1.38%.
Insights icon
In the last 5 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 27.67% return, outperforming this fund by 19.96% per annum.
Insights icon
Over the last 3 months, this fund has experienced a 5.3% drop in AUM moving from 28.32 Cr to 26.81 Cr.
Insights icon
In the last 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 27.75% return, outperforming this fund by 19.35% per annum.

Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.72% since inception which is less than its category average return of 13.04%
Fund Allocations

Fund Allocations

This fund has an allocation of 24.89% in Equity, 67.4% in Debt and 7.71% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 815 Cr
Expense Ratio 0.59%

Expense Ratio 0.59%

This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.51%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth is ₹15.14 as on 04-Oct-2024.
Existing (Absolute + CAGR) as on 04-Oct-2024.
Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.81%
0.81%
6 Month Returns
7.48%
7.48%
1 Year Returns
14.31%
14.31%
3 Years Returns
26.97%
8.29%
5 Years Returns
44.81%
7.69%
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0.59% as on September 2024
₹27 Cr as on September 2024
7.18% Govt Stock 2033(19.1%), 7.27% Govt Stock 2026(18.8%), 7.26% Govt Stock 2033(8.62%), HDFC Bank Limited(7.69%), 08.21 Tn SDL 2025(5.65%) as on September 2024
Government(59.71%), Cash Equivalent(7.71%), Corporate(7.69%) as on September 2024
AAA
100
Harshil Suvarnkar, Dhaval Shah are the fund managers of Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth
The Exit load of Aditya Birla Sun Life Retirement Fund The 50s Pln Direct Growth is 0%