Rating: ★ ★ ★ ☆ ☆

Aditya Birla Sun Life Regular Savings Fund Direct Plan Monthly Dividend Payout

Hybrid

  

Conservative Hybrid Fund

NAV

19.469 + 0.0856

as on (05 Jun, 2020)

RETURNS

0.16 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

1.1 %

Benchmark

CRISIL Hybrid 85+15 - ConservativeTR INR

Asset Size

1267.62 Cr.

(As of 30 Apr, 2019)

Risk

Moderately High

Objective

An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.

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Fund manager

Satyabrata Mohanty

(since 18 Jun, 2009)

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹ 500

minimum investment

₹ 500

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Kotak Mahindra Investments Limited

4.01 %

U.P. Power Corporation Limited

3.94 %

Tata Motors Finance Limited

3.8 %

7.17% Govt Stock 2028

3.7 %

Sector Allocation

About the Scheme Type

Conservative Hybrid Fund

As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.

Conservative Hybrid funds are less volatile than equity and other hybrid funds and helps in generating consistent income.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Limited (formerly known as Birla Sun Life Asset Management Company Limited), the investment manager of Aditya Birla Sun Life Mutual Fund (formerly known as Birla Sun Life Mutual Fund), is a joint venture between the Aditya Birla Group and the Sun Life Financial Inc. of Canada. The joint venture brings together the Aditya Birla Group's experience in the Indian market and Sun Life's global experience. Aditya Birla Sun Life Mutual Fund (ABSLMF) was established in 1994 and is co-sponsored by Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc. The Aditya Birla Sun Life Mutual Fund is one of the leading Fund Houses in India based on domestic average AUM as published by the Association of Mutual Funds of India (AMFI). The Aditya Birla Mutual Fund has total domestic assets under management (AUM) of close to Rs. 2423 billion (Quarter ended December 31st, 2018). The fund house has an extraordinary mix of reach, a wide range of product offerings across equity, debt, balanced as well as structured asset classes and sound investment performance, with around 6.8 million investor folios (as of December 31st, 2018).