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Aditya Birla Sun Life Retirement Fund - The 40s Plan - Regular Plan


Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80% of your money in equity shares and the rest in bonds and commodities. Their returns are slightly lower than pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.

Like all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.37 -0.09 -1.42 1.32 2.88 11.13 -- -- -- -- --
VR Balanced TRI -0.92 -0.36 -0.72 -2.20 1.18 7.91 -- -- -- -- --
Hybrid: Aggressive Hybrid 2.26 0.01 -0.16 0.97 3.05 10.60 -- -- -- -- --
Rank within category 20 31 42 17 25 16 -- -- -- -- --
Number of funds in category 43 43 43 43 42 42 38 31 24 23 21

As on 20-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.50 (19-Sep-2019 - 26-Sep-2019) -2.65 (03-Jul-2019 - 10-Jul-2019)
Month 6.92 (23-Aug-2019 - 23-Sep-2019) -5.65 (05-Jul-2019 - 05-Aug-2019)
Quarter 9.75 (22-Aug-2019 - 21-Nov-2019) -7.24 (04-Jun-2019 - 03-Sep-2019)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 11.92 10.21 0.61 0.95 -- --
Hybrid: Aggressive Hybrid* 8.38 9.75 0.28 0.44 0.83 -2.46
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Holdings (%) 47.54
Top 5 Holdings (%) 29.79
Top 3 Sectors (%) 40.67
Portfolio P/B Ratio 3.28
Portfolio P/E Ratio 32.93

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 7.84 6.54
equal 8.15% REC 2022 Non Convertible Debenture AAA 0.00 - 3.06 2.60
equal 8.55% HDFC 27/03/2029 Debenture AAA 1.33 - 2.22 1.33
equal 7.37% GOI 16/04/2023 GOI Securities SOV 1.31 - 2.25 1.31
equal 8.02% BPCL 2024 Debenture AAA 1.31 - 2.24 1.31
equal 8.39% National Bank Agr. Rur. Devp 19-D 19/07/2021 Debenture AAA 1.30 - 2.25 1.30
equal 8.15% REC 18/01/2021 Bonds/Debentures AAA 1.29 - 2.22 1.29
equal 8.39% State Bank of India 25/10/2024 Bonds/Debentures AA+ 1.27 - 2.17 1.27
equal 6.57% GOI 2033 GOI Securities SOV 1.22 - 2.01 1.22

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 21.71 6.87 5.65 6.16
up HDFC Financial 18.80 6.28 3.83 6.14
equal Honeywell Automation Engineering 66.64 6.95 4.72 5.88
equal Pfizer Healthcare 37.11 5.35 3.44 5.07
equal Gillette FMCG 72.38 5.49 4.00 4.00
equal Glaxosmithkline Pharma Healthcare 288.79 4.19 2.66 3.88
up Bayer CropScience Healthcare 66.68 3.95 3.06 3.73
equal Kotak Mahindra Bank Financial 36.96 3.63 2.51 3.12
up Larsen & Toubro Construction 18.40 3.28 2.72 3.02
up Johnson Controls - Hitachi Air Conditioning India Cons Durable 67.85 2.20 1.58 2.20
equal Shree Cement Construction 65.69 2.13 1.04 2.13
equal HDFC Bank Financial 25.38 2.22 1.29 2.04
equal Kansai Nerolac Paints Chemicals 50.29 2.16 1.01 2.00
equal IDFC First Bank Financial -- 2.22 1.82 1.85
up Quess Corp Financial 30.68 1.64 0.00 1.64
equal Biocon Healthcare 45.08 1.60 1.04 1.55
equal Shopper's Stop Services -- 2.21 1.39 1.54
equal Tata Consultancy Services Technology 24.96 1.58 0.69 1.46
up Sundaram-Clayton Automobile 9.98 2.08 1.22 1.45
equal ICICI Bank Financial 37.30 1.31 0.95 1.19
equal Bata India FMCG 61.12 1.29 0.89 1.13
up ICRA Financial 33.88 1.05 0.57 0.98
equal MRF Automobile 28.92 1.08 0.76 0.97
equal Axis Bank Financial 43.84 0.96 0.77 0.86
up Thomas Cook (India) Services 40.05 3.40 0.82 0.83

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jan-2020

Fund Manager

— Ajay Garg since 19-Feb-2019

Education: Mr. Garg is B.E (Electronics) and MBA (Finance).

Experience: Prior to joining Birla Sun Life AMC in 2003 he has worked with Birla Sun Life Securities Ltd.

Funds Managed:

— Pranay Sinha since 19-Feb-2019

Education: Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.

Experience: Prior to joining BSLAMC , he has worked with BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).

Funds Managed:


-0.09%

Change from previous, NAV as on 20-Feb-2020

Growth: ₹ 10.5940

Dividend: ₹ 10.5940


Investment Strategy

The Scheme seeks to invests predominantly in equity and equity related instruments with marginal allocation to debt and money market instruments.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) 500
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 11-Mar-2019
Return Since Launch: 5.94%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 79 Cr (As on 31-Jan-2020)
Expense: 2.53% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --
Turnover: 3.00%

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000

Fax: 022-43568110

Website: mutualfund.adityabirlacapital.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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