Aditya Birla Sun Life Financial Planning FOF Conservative Growth - Latest NAV ₹20.4232, Returns, Performance & Portfolio

Aditya Birla Sun Life Financial Planning FOF Conservative Growth

  • highlight
    6.88%
  • highlight
    (+0.01)20.4232

Start your investment

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

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.88%
3 Years5.77%
1 Year9.55%
6 Months9.94%
Fund Details
ISININF084M01044
RiskModerate Risk
Fund TypeFund of Funds
NAV20.4232
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
HDFC Corporate Bond Dir Gr17.54%
IDFC Banking & PSU Debt Dir Gr14.65%
ICICI Pru Savings Dir Gr14.19%
Aditya BSL Short Term Dir Gr10.82%
Aditya BSL Gold ETF9.89%
Kotak Standard Multicap Dir Gr5.7%
Kotak Emerging Equity Dir Gr4.88%
Aditya BSL Equity Dir Gr4.46%
Aditya BSL Nifty ETF4.34%
Tata Large & Mid Cap Dir Gr4.08%

About Aditya BSL Financial Planning Fund of Funds - Conservative

The Aditya BSL Financial Planning Fund of Funds - Conservative is an open-ended fund of funds scheme. It seeks to provide long-term capital appreciation by investing predominantly in liquid funds, money market funds, and debt funds accessed through the different investment styles of the underlying scheme. The Aditya BSL Financial Planning Fund is also available in an aggressive and prudent plan apart from the Conservative plan.

Pros & Cons of Aditya BSL Financial Planning Fund of Funds - Conservative

  • The asset allocation of the Conservative plan is around 20% in equity funds, 44% in liquid and/or money market funds, 24% in other debt funds, and 12% in Gold Exchange Traded Funds.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Fund of Funds category.
  • Further, it has generated returns of 8.25% per year over the last 5 years (as on January 18, 2019).

Fund Information and Statistics of Aditya BSL Financial Planning Fund of Funds - Conservative

Inception / Launch Date

The scheme was launched on 09 May 2011 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderate 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 Financial Planning Fund of Funds - Conservative since December 15, 2014.

Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows:-

  • If any 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 Financial Planning Fund of Funds - Conservative

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

  • STCG is added to the investor’s income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% with indexation benefits.

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. Today, ABSLMF is one of the leading fund houses in India with more than Rs. 2500 billion of assets under management and over 6.6 million investor folios along with a presence in over 249 locations across the country. It offers a plethora of investment options catering to the varying investor needs.

Customer Reviewsstar

  • " Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "

    IT Developer, Bangalore
  • " I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "

    Software Engineer, Indore
  • " Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "

    Campus Manager, Bangalore

Invest Now in 3 Easy Stepsstar

  • 1
  • 2
  • 3

Why ClearTax Invest?

  • checkOur experts do all the research and offer only the BEST mutual funds
  • checkTrusted by Over 25 Lakh Indians
  • checkInvest in just 5 minutes
  • checkNo paperwork required
  • checkSimple and easy to use

Frequently Asked Questions

  • Read More

Start your investment

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