Aditya Birla Sun Life Regular Savings Fund Regular Plan Growth - Latest NAV ₹40.0832, Returns, Performance & Portfolio

Aditya Birla Sun Life Regular Savings Fund Regular Plan Growth

  • highlight
    6.27%
  • highlight
    (--0.16)40.0832

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Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.59 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years8.47%
5 Years6.27%
3 Years0.98%
1 Year1.53%
6 Months10.05%
Fund Details
ISININF209K01751
RiskModerately High risk
Fund TypeConservative Allocation
NAV40.0832
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
U.P. Power Corporation Limited7.41%
Rural Electrification Corporation Limited4.62%
Fullerton India Credit Company Ltd4.31%
MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED3.12%
U.P. Power Corporation Limited2.93%
U.P. Power Corporation Limited2.9%
INDIAN RAILWAY FINANCE CORPORATION LIMITED2.78%
8.25% Gujarat SDL 20242.31%
REC LIMITED2.26%
LIC Housing Finance Limited2.21%

About Aditya BSL Regular Savings Fund

The Aditya BSL Regular Savings Fund is an open-ended hybrid scheme investing predominantly in debt instruments. It seeks to generate regular income to make monthly payments or distribution to unitholders, with a secondary objective of capital growth. It was earlier known as Birla Sun Life MIP II – Wealth 25 Plan and was renamed as Aditya Birla Sun Life Regular Savings Fund with effect from May 21, 2018.

Pros & Cons of Aditya BSL Regular Savings Fund

  • The scheme invests at least 75% of its net assets in various debt and money market instruments which are issued by the Central/State Government and/or Corporates. The instruments are evaluated for rigorously in order to keep the risks under control.
  • As on December 31, 2018, the scheme is ranked 4 under CRISIL’s Conservative Hybrid Fund category.
  • Further, it has generated returns of 10.99% per year over the last 10 years (as on January 31, 2019).

Fund Information and Statistics of Aditya BSL Regular Savings Fund

Inception / Launch Date

The scheme was launched on 22 May 2004 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)

The Fund Managers of the Aditya BSL Regular Savings Fund are:

  • Mr. Vineet Maloo (since August 26, 2015)
  • Mr. Pranay Sinha (since August 26, 2015)
  • Mr. Satyabrata Mohanty (since June 18, 2009)

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, and:
  1. The number of units redeemed is less than 15% of the number of units allotted, then the exit load = Nil
  2. The number of units redeemed is more than 15% of the number of units allotted, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Aditya BSL Regular Savings Fund

The following taxes are applicable to the 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

The Aditya Birla Sun Life Mutual Fund (ABSLMF) is a joint venture between the Aditya Birla Group, India and Sun Life Financial Inc., Canada and was established in 1994. Over the years, it has evolved as one of India’s largest fund houses with more than Rs. 2500 billion of assets under management and over 6.6 million investor folios. It offers smart solutions, user-friendly services, and a wide range of schemes to suit the investment goals and risk preferences of different investors.

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.59 Lakhs in a period of 20 years
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