Aditya Birla Sun Life Retirement Fund- NFO of Aditya Birla SL Mutual Fund

Aditya Birla Sun Life Retirement Fund: Aditya Birla Sun Life Mutal Fund is issuing the NFO (New Fund Offer) from 19 February 2019 to 05 March 2019. There are 4 plans being launched during this offer:-

  1. Aditya Birla Sun Life Retirement Fund – The 30s Plan
  2. Aditya Birla Sun Life Retirement Fund – The 40s Plan
  3. Aditya Birla Sun Life Retirement Fund – The 50s Plan
  4. Aditya Birla Sun Life Retirement Fund – The 50s Plus – Debt Plan

Aditya Birla Sun Life Retirement Fund

All these plans are solutions-oriented funds will have a lock-in period of 5 years. 

According to the Aditya Birla Sun Life Mutal Fund, each of the plans have several key characteristics. The characteristics may be suitable for the investors according to their expectations. These key characteristics are given plan-wise in the below table. 

Aditya Birla Sun Life Retirement Fund – Characteristics of Plans

Plan Characteristics

Aditya Birla Sun Life Retirement Fund – The 30s Plan

  • Long-term growth of invested capital.
  • Investments in equity and equity-related securities.

Aditya Birla Sun Life Retirement Fund – The 40s Plan

  • Long-term growth of invested capital and income from the investment.
  • Investments majorly in equity and equity-related securities.
  • Investments in debt and money-market instruments as well.

Aditya Birla Sun Life Retirement Fund – The 50s Plan

  • Medium to long-term regular income with capital growth.
  • Investments in debt and money-market instruments as well.
  • 0-25% investment in equity and equity-related securities.

Aditya Birla Sun Life Retirement Fund – The 50s Plus – Debt Plan

  • Long-term income in order to achieve the retirement goals and appreciation of capital.
  • Investments majorly in equity and equity-related securities.
  • Investments in debt and money-market instruments as well.

Aditya Birla Sun Life Retirement Fund NFO – Issue Details

Name of the Schemes
  1. Aditya Birla Sun Life Retirement Fund – The 30s Plan
  2. Aditya Birla Sun Life Retirement Fund – The 40s Plan
  3. Aditya Birla Sun Life Retirement Fund – The 50s Plan
  4. Aditya Birla Sun Life Retirement Fund – The 50s Plus – Debt Plan
Fund House Aditya Birla Sun Life Mutual Fund
Scheme Type Open Ended
Scheme Categories Solution-Oriented Fund
Issue Starts 19 February 2019
Issue Closes 05 March 2019
NFO Unit Price Rs 10 Per Unit
Minimum Investment Rs 1,000
Entry Load No
Exit Load No
Investment Manager Aditya Birla Sun Life AMC Limited (ABSLAMC) (formerly known as Birla Sun Life Asset Management Co Ltd)

(Read: NFO: New Fund Offer of Mutual Funds)

Aditya Birla Sun Life Retirement Fund – Investment Strategy

As per the fund house, there are several investment strategies which will be followed for all the plans. These investment strategies are described in the below table.

Plan Investment Strategies

ABSL Retirement Fund – The 30s Plan

  • Multi-cap investment.
  • Diversified portfolio.
  • The bottom-up approach in stock selection and top-down approach in sector allocation.
  • Identifying business with superior growth prospects and strong management.

ABSL Retirement Fund – The 40s Plan

  • Investment in a mix of equities, debts, and money market instruments.
  • 65-80% asset allocation in equities, flexible and depending on the market conditions.
  • Debt investment will be in quality corporate bonds and debentures.
  • The equity investment will be diversified across the sectors and market capitalization.

ABSL Retirement Fund – The 50s Plan

  • A mixed portfolio of bonds, money-market instruments and equities.
  • Debt investment will be in quality corporate bonds and debentures.
  • The portfolio will be focused on investment-horizon.
  • The equity investment will follow the multi-cap strategy.

ABSL Retirement Fund – The 50s Plus – Debt Plan

  • The portfolio will be focused on quality corporate bonds.
  • The strategy will be opportunistic on bonds.
  • The portfolio will be focused on investment-horizon.

Aditya Birla Sun Life Retirement Fund – Proposed Asset Allocation

The proposed asset allocation of the scheme is given in the below table.

Plan Instrument Risk Profile Allocation (% of Total Assets)
ABSL Retirement Fund – The 30s Plan Equities and Equity related instruments Medium to High 80-100
Debt and money market instruments Low to Medium 0-20

ABSL Retirement Fund – The 40s Plan
Equities and Equity related instruments Medium to High 65-80
Debt and money market instruments Low to Medium 20-35

ABSL Retirement Fund – The 50s Plan
Debt and money market instruments  Low to Medium 75-100
Equities and Equity related instruments Medium to High 0-25
ABSL Retirement Fund – The 50s Plus – Debt Plan Debt and money market instruments  Low to Medium 100

 

Click here to visit the product page for more details.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions. 

Follow us on Facebook, LinkedIn, and Twitter to get the latest posts.

Tags: #NFO #Mutual Fund #Aditya Birla Mutual Fund #Aditya Birla NFO #New Fund Offer #Retirement Fund #Aditya Birla Sun Life Retirement Fund

Leave a Reply

Your e-mail address will not be published. Required fields are marked *