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The information and data contained in this Website do not constitute distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of Aditya Birla Sun Life Mutual Fund (ABSLMF), securities or financial instruments in any jurisdiction in which such distribution, sale or offer is not authorised. In particular, the information herein is not for distribution and does not constitute an offer to buy or sell or the solicitation of any offer to buy or sell any securities or financial instruments in the United States of America ("US") and Canada to or for the benefit of United States persons (being persons resident in the US, corporations, partnerships or other entities created or organised in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended) and persons of Canada.
By entering this Website or accessing any data contained in this Website, I/We hereby confirm that I/We am/are not a U.S. person, within the definition of the term 'US Person' under the US Securities laws/resident of Canada. I/We hereby confirm that I/We are not giving a false confirmation and/or disguising my/our country of residence. I/We confirm that Aditya Birla Sun Life Mutual Fund / Aditya Birla Sun Life AMC Limited (ABSLAMC) is relying upon this confirmation and in no event shall the directors, officers, employees, trustees, agents of ABSLAMC associate/group companies be liable for any direct, indirect, incidental or consequential damages arising out of false confirmation provided.
The fund seeks to provide regular income with an opportunity to grow your money through fixed income investments and a limited exposure to equity markets.
|Investment Performance - Regular Plan - Growth||NAV as on December 30, 2010: Rs. 60.9669|
|Date of Inception: July 14, 1999||NAV Per
Index # (%)
|Value of Standard Investment of Rs 10000 in|
|Birla Sun Life
|Since inception till December 30, 2016 (CAGR)||10.0000||10.90||N/A||N/A||60967||N/A||N/A|
|December 31, 2015 to December 30, 2016 (Absolute)||55.1537||10.54||11.55||14.97||11054||11155||11497|
|December 31,2014 to December 31,2015 (Absolute)||52.1865||5.69||6.79||7.39||10569||10679||10739|
|December 31,2013 to December 31,2014 (Absolute)||43.7454||19.30||16.83||14.14||11930||11683||11414|
# Scheme Benchmark, ## Additional Benchmark, *As on start of period considered above.
Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Performance of scheme may or may not be strictly comparable with that of its additional benchmark in view of hybrid nature of scheme. Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Vineet Maloo is 16. Total Schemes managed by Mr. Pranay Sinha is 6. Refer annexure on page no. 67 of Empower to know more on performance of schemes managed by Fund Managers. ‘Direct Plan’ is only for investors who purchase /subscribe Units in a Scheme directly with the Mutual Fund and is not available for investors who route their investments through a Distributor. For further details, Investors are advised to refer to Addendum no. 44/2012 dated December 27, 2012 available on our website www.birlasunlife.com.
Total Experience :
Total Experience : 11 years
Have you been putting off a few things that you badly want to do, be it get your children joining music classes, a makeover for your home or a family vacation? Are you retired and worried about rising prices, and wish for that little extra that can help maintain your standard of living? If your answer is yes, you need to invest in Aditya Birla Sun Life Monthly Income (ABSL Monthly Income) - a monthly income scheme* that aims at providing you with a regular income. The scheme also lets you enjoy a limited participation in the equity markets. However, you can be assured that all this is done through judicious mix of debt and equity market investments.
The fund provides a stable and steady flow of income by investing in a portfolio predominantly of quality fixed income securities (upto 90%) along with capital appreciation by investing a small portion in equity (upto15%). Income may be generated through receipt of coupon payments, amortization of the discount on debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio. The Scheme will maintain a small exposure to the equity market. On the equity side, primarily focus will be on long term growth for identifying stocks, identify business with superior growth prospects and strong management available at reasonable valuation and offering higher risk adjusted returns. The fund would follow blend of bottoms up approach (for stock selection) and top down approach (for sector allocation).
(An Open-ended Monthly Income Scheme*)
*We recommend investors to consult their financial advisers in case of doubt about whether the product is suitable for them.
*Second Income/Regular Income/Monthly Income is not assured and is subject to availability of distributable surplus. Dividend distribution in the form of regular income to individual investors is subject to dividend distribution tax (DDT) of 13.5188% which is deducted by the fund house. For individual nature of tax implications, investors are requested to consult their tax advisors before investing.
**The portfolio of the scheme is subject to changes within the provisions of the Scheme Information Document. Please refer to the Scheme Information Document for asset allocation, investment strategy, and risk factors.
+Investors should note that declaration of dividends is at the discretion of Trustees and subject to availability of distributable surplus and there is no guarantee or assurance on the frequency or quantum of dividends. The NAV of the scheme pursuant to a payout of the dividend would fall to the extent of the payout and statutory levy (if applicable). For individual nature of tax implications, investors are requested to consult their tax advisor before investing.