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Aditya Birla Sun Life Retirement Fund - The 40s Plan - Direct 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 1.29 0.61 -0.34 1.03 4.72 9.53 -- -- -- -- --
VR Balanced TRI 0.14 0.53 -1.16 -0.50 4.41 7.00 -- -- -- -- --
Hybrid: Aggressive Hybrid 1.52 0.66 -0.36 1.47 4.87 8.44 -- -- -- -- --
Rank within category 27 25 24 31 26 17 -- -- -- -- --
Number of funds in category 44 44 44 43 43 43 39 32 25 22 0

As on 23-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.54 (19-Sep-2019 - 26-Sep-2019) -2.63 (03-Jul-2019 - 10-Jul-2019)
Month 7.05 (23-Aug-2019 - 23-Sep-2019) -5.51 (02-Jul-2019 - 01-Aug-2019)
Quarter 10.25 (22-Aug-2019 - 21-Nov-2019) -6.87 (04-Jun-2019 - 03-Sep-2019)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 13.65 10.24 1.18 -- -- --
Hybrid: Aggressive Hybrid* 10.72 9.98 0.51 0.79 0.86 -1.78
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-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Holdings (%) 48.48
Top 5 Holdings (%) 30.94
Top 3 Sectors (%) 40.34
Portfolio P/B Ratio 3.67
Portfolio P/E Ratio 35.87

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 6.75
equal 8.15% REC 2022 Non Convertible Debenture AAA 0.00 - 3.06 2.67
equal 8.55% HDFC 27/03/2029 Debenture AAA 1.37 - 2.22 1.37
equal 8.02% BPCL 2024 Debenture AAA 1.35 - 2.24 1.35
equal 7.37% GOI 16/04/2023 GOI Securities SOV 1.35 - 2.25 1.35
equal 8.39% National Bank Agr. Rur. Devp 19-D 19/07/2021 Debenture AAA 1.34 - 2.25 1.34
equal 8.15% REC 18/01/2021 Bonds/Debentures AAA 1.33 - 2.22 1.33
equal 8.39% State Bank of India 25/10/2024 Bonds/Debentures AA+ 1.31 - 2.17 1.31
equal 6.57% GOI 2033 GOI Securities SOV 1.26 - 2.01 1.26

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
equal Reliance Industries Energy 22.34 6.87 5.65 6.63
equal HDFC Financial 34.77 6.28 3.83 6.28
equal Honeywell Automation Engineering 58.84 6.95 4.72 5.93
up Pfizer Healthcare 37.53 5.35 3.44 5.35
up Gillette FMCG 82.71 5.49 4.34 4.35
equal Glaxosmithkline Pharma Healthcare 32.85 4.19 2.66 3.88
equal Bayer CropScience Healthcare 102.92 3.95 3.06 3.23
equal Kotak Mahindra Bank Financial 35.34 3.63 2.51 3.22
up Larsen & Toubro Construction 19.38 3.28 2.72 2.86
equal HDFC Bank Financial 26.06 2.22 1.29 2.19
up Kansai Nerolac Paints Chemicals 51.19 2.16 1.01 2.16
up IDFC First Bank Financial -- 2.22 1.82 2.12
equal Shree Cement Construction 63.82 2.03 1.04 1.95
equal Johnson Controls - Hitachi Air Conditioning India Cons Durable 67.50 2.00 1.58 1.72
equal Biocon Healthcare 41.96 1.60 1.04 1.60
up Tata Consultancy Services Technology 25.14 1.58 0.69 1.58
equal Shopper's Stop Services 68.92 2.21 1.39 1.43
equal Sundaram-Clayton Automobile 43.95 2.08 1.22 1.35
equal ICICI Bank Financial 67.33 1.31 0.95 1.27
new Quess Corp Financial 33.84 1.18 0.00 1.18
equal Bata India FMCG 64.85 1.29 0.89 1.14
equal MRF Automobile 28.16 1.08 0.76 0.96
up Axis Bank Financial 43.12 0.96 0.77 0.92
equal Indusind Bank Financial 20.65 1.04 0.78 0.92
equal Bosch Automobile 39.65 1.17 0.74 0.90

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-Dec-2019

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:


0.61%

Change from previous, NAV as on 23-Jan-2020

Growth: ₹ 10.6360

Dividend: ₹ 10.6360


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: 6.36%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 76 Cr (As on 31-Dec-2019)
Expense: 1.03% (As on 31-Dec-2019)
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

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM