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

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

Hybrid

Direct

Retirement

NAV as on 06-12-2024

₹ 13.72

Inception Returns

5.7%

/yr

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

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

Key Parameters

  1. Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth has ₹16 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth has given a CAGR return of 5.68% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.98%, 5.29% and 5.45% respectively.

Holdings

Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent.

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 Plus Debt 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 Plus Debt Pln Direct Growth of 5 Years

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
5 people have invested ₹ 3K in Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth in the last three months

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

Expense ratio0.84%
Benchmark
CRISIL Short Term Bond TR INR
AUM₹16 Cr
Inception Date12 March, 2019
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock In5 Years
TurnOver
34.06%
STCGSelling mutual fund 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 (06-Dec-24)

Period
Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth
Retirement Index
1M
0.7%
-
3M
1.9%
-
6M
4.1%
-
1Y
8%
-
3Y
5.3%
-
5Y
5.4%
-

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
89.4%
Corporate
6.7%
Cash Equivalent
3.9%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 15.4 Cr
₹ 15.8 Cr
₹ 16 Cr
  • AUM of the fund stands at 15.4 Cr as of Oct'24
  • AUM decreased by 0.4 Cr between Oct'24 and Sep'24

Top 2 Sectors in October were Government, Corporate

Oct'24
Government
89%
Corporate
7%
Sep'24
Government
78%
Corporate
18%
  • Debt & Cash

Holdings
Weight%
1M Change
7.27% Govt Stock 2026
7.27% Govt Stock 2026
47.61%
0%
6.57% Govt Stock 2033
6.57% Govt Stock 2033
18.68%
0%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
9.9%
0%
HDFC Bank Limited
HDFC Bank Limited
6.56%
0%
Goi 06.05.2030 Gov
Goi 06.05.2030 Gov
5.95%
0%
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Harshil Suvarnkar
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth, since 22 March 2021
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, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 37.58% return, outperforming this fund by 29.6%.
Insights icon
In the last 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 23.94% return, outperforming this fund by 18.65% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (retirement). Its expense ratio is 0.84% which is lower than the category average expense ratio of 1.39%.
Insights icon
In the last 5 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 26.24% return, outperforming this fund by 20.8% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 7.7% drop in AUM moving from 17.04 Cr to 15.72 Cr.

Aditya Birla Sun Life Retirement Fund The 50s Plus Debt 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 5.68% since inception which is less than its category average return of 12.66%
AUM size ₹16 Cr

AUM size ₹16 Cr

This fund has AUM of ₹16 Cr which is less than its category average of ₹ 806 Cr
Expense Ratio 0.84%

Expense Ratio 0.84%

This fund has an expense ratio of 0.84% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions for Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth

The current NAV of Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth is ₹13.72 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.72%
0.72%
6 Month Returns
4.07%
4.07%
1 Year Returns
7.98%
7.98%
3 Years Returns
16.74%
5.29%
5 Years Returns
30.37%
5.45%
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  • Click Buy on the fund name.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.84% as on November 2024
₹16 Cr as on November 2024
7.27% Govt Stock 2026(47.61%), 6.57% Govt Stock 2033(18.68%), 7.34% Govt Stock 2064(9.9%), HDFC Bank Limited(6.56%), Goi 06.05.2030 Gov(5.95%) as on November 2024
Government(87.61%), Corporate(6.56%), Cash Equivalent(5.83%) as on November 2024
AAA
100
Harshil Suvarnkar is the fund manager of Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth
The Exit load of Aditya Birla Sun Life Retirement Fund The 50s Plus Debt Pln Direct Growth is 0%