Aditya Birla Sun Life Asset Allocator FoF Direct-I...
(Scheme Rating)
NAV as of Aug 29, 2024
31.85-0.11%
(Earn upto 0.99% Extra Returns with Direct Plan)
Fund Category:
Hybrid: Multi Asset Allocation
Expense Ratio:
0.41%(0.47% Category
average)Fund Size:
Rs. 225.60 Cr(0.18% of Investment in Category)
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Aditya Birla Sun Life Asset Allocator FoF Direct-IDCW
(Scheme Rating)
NAV as of Aug 29, 2024
31.85-0.11%
Expense Ratio:
0.41%
Fund Size:
Rs. 225.60 Cr
Fund Category:
Hybrid: Multi Asset Allocation
1. Current NAV: The Current Net Asset Value of the Aditya Birla Sun Life Asset Allocator FoF - Direct Plan as of Aug 29, 2024 is Rs 31.85 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 33.74% (1yr), 16.34% (3yr), 18.76% (5yr) and 13.12% (since launch). Whereas, Category returns for the same time duration are: 27.35% (1yr), 15.08% (3yr) and 16.35% (5yr).
3. Fund Size: The Aditya Birla Sun Life Asset Allocator FoF - Direct Plan currently holds Assets under Management worth of Rs 225.6 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.41% for Direct plan as on Aug 14, 2024.
5. Exit Load: Aditya Birla Sun Life Asset Allocator FoF - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 1 year"
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
Aditya Birla Sun Life Asset Allocator FoF Direct-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.39 8.58 14.91 33.17 16.28 18.78 Category Avg 1.26 6.60 12.86 26.82 15.03 16.42 Rank within Category 37 6 11 7 10 - No. of funds within Category 39 38 34 28 21 12 - Loading...
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Return Comparison
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Aditya Birla Sun Life Asset Allocator FoF Direct-IDCW Fund Details
Investment Objective - The Scheme seeks to generate capital appreciation primarily from a portfolio of equity schemes, ETFs and debt schemes accessed through the diversified investment styles.
Fund House | Aditya Birla Sun Life Mutual Fund |
Launch Date | Jan 01, 2013 |
Benchmark | CRISIL Hybrid 50+50 Moderate Index |
Return Since Launch | 13.1% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Average |
Return Grade | Average |
Aditya Birla Sun Life Asset Allocator FoF Direct-IDCW Investment Details
Minimum Investment (Rs.) | 1,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 1.00 |
Exit Load Exit load of 1% if redeemed within 1 year |
Portfolio Allocation
Equity
Debt
Asset Allocation
Loading...Asset Allocation History
Loading...EquityDebtCashSector Allocation
Loading...Market Cap Allocation
Loading...Concentration & Valuation Analysis
JUL 2024 JUN 2024 MAY 2024 APR 2024 MAR 2024 FEB 2024 Number of Holdings 12 12 12 13 13 12 Top 5 Company Holdings 51.27% 46.88% 47.91% 45.25% 45.94% 50.38% Top 10 Company Holdings 90.69% 85.91% 86.03% 81.85% 84.76% 92.42% Company with Highest Exposure Aditya Birla SL Government Securities Direct-G (12.66%) Aditya Birla SL Gold Exchange Traded Fund (9.97%) Aditya Birla SL Gold Exchange Traded Fund (12.9%) Aditya Birla SL Gold Exchange Traded Fund (12.92%) Aditya Birla SL Short Term Direct-G (10.28%) Aditya Birla SL PSU Equity Direct-G (10.69%) Number of Sectors 18 18 18 18 18 18 Top 3 Sector Holdings 31.1% 30.95% 29.83% 30.3% 30.84% 28.98% Top 5 Sector Holdings 41.3% 40.66% 39.16% 40.41% 40.41% 39.03% Sector with Highest Exposure Financial (14.01%) Financial (14.5%) Financial (14.16%) Financial (14.16%) Financial (13.79%) Financial (13.55%)
Top Stock Holdings
Sector Holdings in MF
Debt Holdings in Portfolio
Top Stock Holdings data not available for this fund
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Aditya Birla Sun Life Asset Allocator FoF Direct-IDCW 31.85 225.60 -0.02 32.49 15.88 18.68 Nippon India Asset Allocator FoF Direct-IDCW 20.53 244.80 0.82 31.45 19.86 - Quant Multi Asset Fund Direct-IDCW 130.55 2,605.27 -0.56 43.63 25.20 30.10 HDFC Asset Allocator FoF Direct - IDCW 17.65 3,173.00 1.37 26.39 17.08 - ICICI Prudential Multi Asset Fund Direct-IDCW 54.70 46,488.14 1.09 32.43 23.14 23.10
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
7.46VS7.24Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Moderate Volatility
0.53VS0.53Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
1.34VS1.40Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
18.67VS19.12Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
4.41VS4.40Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
15.52VS15.49Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Aditya Birla Sun Life Mutual Fund News
Fund Manager
- V.B.Vinod BhatSince Aug 20191 schemes
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. Prior to joining ABSL AMC, 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.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Aditya Birla Sun Life Multi - Index FoF Direct-IDCW Multi Asset Allocation 15.55 Unrated 16.54 39.26
More Aditya Birla Sun Life Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Aditya Birla Sun Life Liquid Fund Direct-Growth | 43,962.04 | 0.60 | 1.85 | 3.62 | 7.37 | 5.45 | |
Aditya Birla Sun Life Frontline Equity Direct Fund-Growth | 26,479.89 | 2.87 | 7.63 | 12.95 | 33.96 | 16.55 | |
Aditya Birla Sun Life Corporate Bond Fund Direct-Growth | 21,535.48 | 0.89 | 2.54 | 4.04 | 8.32 | 6.12 | |
Aditya Birla Sun Life Flexi Cap Fund Direct-Growth | 19,767.00 | 1.69 | 8.03 | 13.18 | 37.16 | 16.65 | |
Aditya Birla Sun Life Money Manager Fund Direct-Growth | 19,231.21 | 0.75 | 1.95 | 3.73 | 7.84 | 5.80 | |
Aditya Birla Sun Life ELSS Tax Saver Direct-Growth | 15,006.22 | 1.61 | 7.14 | 11.32 | 32.00 | 9.17 | |
Aditya Birla Sun Life Savings Direct-Growth | 12,705.36 | 0.65 | 1.88 | 3.61 | 7.61 | 5.78 | |
Aditya Birla Sun Life Low Duration Fund Direct-Growth | 12,058.48 | 0.73 | 1.97 | 3.67 | 7.89 | 6.06 | |
Aditya Birla Sun Life Floating Rate Direct Fund-Growth | 11,705.15 | 0.77 | 1.98 | 3.68 | 8.00 | 6.09 | |
Aditya Birla Sun Life Arbitrage Fund Direct-Growth | 10,668.41 | 0.67 | 2.27 | 4.04 | 8.27 | 6.12 |
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1. Aditya Birla Sun Life Asset Allocator FoF - Direct Plan is Open-ended Multi Asset Allocation Hybrid scheme which belongs to Aditya Birla Sun Life Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The Scheme seeks to generate capital appreciation primarily from a portfolio of equity schemes, ETFs and debt schemes accessed through the diversified investment styles. "
2. It is benchmarked against CRISIL Hybrid 50+50 Moderate Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 73.82% in equities, 15.17% in debts and 2.6% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 90.69% of the assets, the top 3 sectors constitute around 31.1% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
4. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
Tax Implications on Aditya Birla Sun Life Asset Allocator FoF Direct-IDCW
Hybrid funds which usually invest 65% or more in equity & equity-related instruments will be taxed like Equity funds and those which invest up to 35% in equity & equity-related instruments will be taxed like the new taxation structure of debt funds. Also, the hybrid funds which invest between 35-65% in equity & equity-related instruments will be taxed as per the old taxation structure of debt funds. Generally, tax implications are based on the average asset allocation of the last 12 months in which the fund has invested. However, since the market is dynamic, asset allocation towards equity may increase or decrease depending on the prevailing market & economic conditions. So, the tax treatment of the given fund will vary accordingly and will be determined by its asset allocation. Below are the tax implications from the equity as well as debt side:
For Hybrid funds with 65% and above allocation in equity & equity related instruments:
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of up to Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
For Hybrid funds with 35-65% allocation in equity & equity related instruments:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
For Hybrid funds with 0-35% allocation in equity & equity related instruments:
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Aditya Birla Sun Life Asset Allocator FoF Direct-IDCW
- Is it safe to invest in Aditya Birla Sun Life Asset Allocator FoF - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Aditya Birla Sun Life Asset Allocator FoF - Direct Plan comes under Very High risk category.
- What is the category of Aditya Birla Sun Life Asset Allocator FoF - Direct Plan?Aditya Birla Sun Life Asset Allocator FoF - Direct Plan belongs to the Hybrid : Multi Asset Allocation category of funds.
- How Long should I Invest in Aditya Birla Sun Life Asset Allocator FoF - Direct Plan?The suggested investment horizon of investing into Aditya Birla Sun Life Asset Allocator FoF - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Aditya Birla Sun Life Asset Allocator FoF - Direct Plan?The Aditya Birla Sun Life Asset Allocator FoF - Direct Plan is managed by Vinod Bhat (Since Aug 16, 2019).
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