Aditya Birla Sun Life Asset Allocation MultiManager FoF Scheme Growth - Latest NAV ₹32.4713, Returns, Performance & Portfolio

Aditya Birla Sun Life Asset Allocation MultiManager FoF Scheme Growth

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    8.4%
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    (+0.08)32.4713

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Fund Summarystar

PeriodReturns(per year)
10 Years6.76%
5 Years8.4%
3 Years5.38%
1 Year11.86%
6 Months15.85%
Fund Details
ISININF084M01AE2
RiskModerately High risk
Fund TypeFund of Funds
NAV32.4713
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Aditya BSL Equity Dir Gr13.99%
Aditya BSL Gold ETF12.44%
Aditya BSL Equity Advantage Dir Gr12.37%
Aditya BSL Focused Eq Dir Gr11.87%
Aditya BSL Short Term Dir Gr11.3%
Aditya BSL Low Duration Dir Gr11.06%
Aditya BSL Small Cap Dir Gr7.87%
Aditya BSL Intl Equity A Dir Gr6.31%
Aditya BSL Pharma & Healthcare Dir Gr4.32%
Aditya BSL India GenNext Dir Gr3.92%

About Aditya BSL Asset Alloc Multimgr FoF

The Aditya BSL Asset Alloc Multimgr FoF is an open-ended fund of funds scheme. It seeks to generate long-term capital appreciation by investing primarily in a portfolio of equity and debt funds accessed through the diverse investment styles of the underlying schemes.

Pros & Cons of Aditya BSL Asset Alloc Multimgr FoF

  • The scheme does not set targets for buying or selling individual equity/debt funds. It is reviewed regularly and dynamic decisions are made to book profits or cut losses.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Fund of Funds category.
  • Further, it has generated returns of 9.7% per year over the last 5 years (as on January 18, 2019). However, the returns over the last year have been negative (-1.5%).

Fund Information and Statistics of Aditya BSL Asset Alloc Multimgr FoF

Inception / Launch Date

The scheme was launched on 17 August 2006 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderately-high risk level associated with it.

Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

Mr. Shravan Sreenivasula is the Fund Manager of the Aditya BSL Asset Alloc Multimgr FoF since 15 December 2014.

Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows :-

  • If the units are redeemed after the completion of 365 days from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 365 days from the date of allotment of the said units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Aditya BSL Asset Alloc Multimgr FoF

The following taxes are applicable to income arising from investing in this scheme:

  • STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% after indexation and 10% without the benefit of indexation.

About Aditya Birla Sun Life Mutual Fund

A joint venture between the Aditya Birla Group and Sun Life Financial Inc. from Canada, the Aditya Birla Sun Life Mutual Fund (ABSLMF) was established in 1994. Over the years, with consistent performance, in-depth research of the market and a wide basket of investment products, the fund house has become one of India’s leading names in Mutual Fund investments.

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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns