Aditya Birla Sun Life Financial Planning FOF Conservative Growth
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|Fund Type||Fund of Funds|
|Exit Load||1% for 365 Days|
More about this fund
|ICICI Pru Savings Dir Gr||15.2%|
|IDFC Banking & PSU Debt Dir Gr||15.08%|
|HDFC Corporate Bond Dir Gr||14.71%|
|Aditya BSL Short Term Dir Gr||11.99%|
|Aditya BSL Gold ETF||6.59%|
|Aditya BSL Nifty ETF||6.06%|
|Kotak Flexicap Dir Gr||5.08%|
|Tata Large & Mid Cap Dir Gr||5.04%|
|Kotak Emerging Equity Dir Gr||4.73%|
|Aditya BSL Flexi Cap Dir Gr||4.48%|
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.
According to the investment objective and asset allocation of the scheme, it has a Moderate risk-level associated with it.
The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.
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.
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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