This is a fund that invests mainly in shares of foreign companies. When you invest for five years or above, you can expect gains that 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.
International equity funds are suitable to invest a part of your money for diversification, so that if the Indian markets are going through a sharp correction at least some portion of your money is insulated. But make sure you invest in the one that has a broad mandate of investing in companies of different sizes, sectors and countries.
Like all equity funds, 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 international equity fund, if you need to redeem your investment in less than five years.
Taxability of earnings:
|S&P BSE 500 TRI||-16.41||0.81||8.06||2.43||-11.58||-15.27||-15.96||0.58||5.52||9.83||8.17|
As on 03-Jun-2020
|Best (Period)||Worst (Period)|
|Week||15.11 (24-Mar-2020 - 31-Mar-2020)||-17.63 (09-Mar-2020 - 17-Mar-2020)|
|Month||25.55 (24-Mar-2020 - 23-Apr-2020)||-26.48 (24-Sep-2008 - 24-Oct-2008)|
|Quarter||40.58 (03-Mar-2009 - 02-Jun-2009)||-25.44 (23-Sep-2008 - 23-Dec-2008)|
|Year||71.76 (21-Nov-2008 - 23-Nov-2009)||-30.96 (27-Aug-2014 - 27-Aug-2015)|
|S&P BSE 500 TRI||1.56||21.09||-0.18||-0.20||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-May-2020
|The underlying data is unavailable.|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Julius Baer Equity Next Generation||Financial||--||99.10|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2020
Education: Vinod is a CFA (USA) and has done his MBA in Finance from Wharton University of Pennsylvania (USA). He is an M.S. in Industrial Engineering from Pennsylvania State University (USA) and holds a B.Tech degree in Mechanical Engineering from IIT Bombay.
Experience: Prior to joining ABSLAMC, he was the Vice President - Corporate Strategy and Business Development with Aditya Birla Management Corporation Pvt. Ltd. He had also worked with Ocean Park Advisors (USA) as a Senior Associate- Investment Banking. He was also part of Credit Suisse (USA) as an Associate - Investment Banking.
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The Scheme seeks to achieve long-term capital growth by investing primarily in units of Julius Baer Equity Next Generation Fund.
|Minimum Investment (₹)||1,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||1,000|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||1|
|Minimum Balance (₹)||500|
|Exit Load||1% for redemption within 365 days|
|Fund House:||Aditya Birla Sun Life Mutual Fund|
|Return Since Launch:||3.46%|
|Benchmark:||S&P Global 1200 TRI|
|Assets:||₹ 109 Cr (As on 30-Apr-2020)|
|Expense:||1.13% (As on 30-Apr-2020)|
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
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
Email: [email protected]