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Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Bal Bhavishya Yojna - Wealth Plan - Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Bal Bhavishya Yojna - Wealth Plan

An open-ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier)

Class: Solution
Category: Child Plan
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Investment Objective

The investment objective is to seek generation of capital appreciation by creating a portfolio that is predominantly investing in equity & equity related securities and debt and money market instruments.

This product is suitable for investors who are seeking

  • Long term capital growth
  • Investments in predominantly equity and equity related securities as well as debt and money market instruments
  • Long term capital growth
  • Investments in predominantly equity and equity related securities as well as debt and money market instruments

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Fund Details

  • Fund Type - Open-Ended
  • Class - Solution
  • Category - Child Plan
  • Min Investment - Rs. 1000/-
  • Fund Manager - Mr. Pranay Sinha & Mr. Ajay Garg
  • Latest NAV - 9.66 (as on 19-Sep-2019)
  • Inception Date - Feb 11, 2019
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Fund Performance

Graphical Data

Trailing Return

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*Annualized returns are displayed for 1 year and above.

Annualized Returns

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Fund Management

  • Mr. Pranay Sinha

    Total Experience : 13 years

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    Pranay Sinha is a Fund Manager with Aditya Birla Sun Life AMC Limited (ABSLAMC). Pranay has an overall experience of close to 13 years, with over a decade in fund management and trading in Indian Rates markets. He also has experience in currency trading.

    Prior to joining ABSLAMC in 2014, Pranay has worked with BNP Paribas Bank, Morgan Stanley Investment Management Private Limited and ICICI Prudential Asset Management Company Limited.

    Pranay has done his MBA from IIM Kolkata and holds a B.Tech degree in Aerospace Engineering from IIT Kharagpur.
  • Mr. Ajay Garg

    Total Experience : 22 years

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    Ajay Garg is Senior Fund Manager at Aditya Birla Sun Life AMC Limited (ABSLAMC). Ajay has over two and a half decades of experience in financial services and an extensive understanding of Indian equity markets.

    Prior to joining ABSLAMC in 2003, Ajay was with American Express Bank and certain brokerage firms.

    An alumni of Hartmann College Class of 1987, Ajay is an Electronics Engineer from Bangalore University, and an MBA Finance from Mumbai University.
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Your Investment Summary

  • Investment AmountRs 5000
  • Initial units per month 29.5
  • Current valueRs 50,000
  • Current NAV value 260
  • Current Units 30
  • XIRR

    Internal rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals.

         5.10%
  • Benchmark XIRR

    Internal Rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals for respective benchmark index.

         8%

Portfolio and Sector Holdings

Top 10 Holdings (As on 31.08.2019)

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Issuer % to Net Assets
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Fund Summary

Entry Load
Exit Load
Load Comments
NIL
1%: For redemption / switch-out of units within 180 days from the date of allotment (% of applicable NAV) NIL : For redemption / switch-out of units after 180 days from the date of allotment
**Exit Load is NIL for units issued in Dividend Reinvestment.

Highlights

  • Long term capital growth
  • Investments in predominantly equity and equity related securities as well as debt and money market instruments

Don’t compromise on your needs

Education is the key to make a difference to our lives. One thought that remains on top of the mind of every parent is to provide quality education to their child. But the cost of good education is increasing exponentially. Aditya Birla Sun Life Bal Bhavishya Yojna – Wealth Plan seeks to help parents fulfil their children’s dreams without worrying about the rising education costs. This plan will allocate a minimum of 65% into equity and equity related instruments and is suitable for those who want to benefit from the inflation adjusted wealth creation power of equity instruments and have an investment horizon of more than 7 years and above. You may invest in this plan for your child’s graduation, foreign education, marriage, and maybe even for a home when he / she turn 25! The Fund Benchmark is S&P BSE 200 TRI.

Key Features

  • An investment solution to help you plan for your children’s future. You can aim to invest in this fund for accumulating wealth for your child’s future expenses; be it education, marriage expenses, etc.
  • Comes with a lock-in period of 5 years with an aim to discourage the investors from making early redemptions and have a disciplined approach towards investment, since the corpus is to be used for long term goals for the child
  • Anyone related or unrelated can invest in this scheme to secure the child’s future. Parents, grandparents, legal guardians, paternal & maternal uncles & aunts, even a company or community trust who is genuinely interested can do investment in child’s name. 

Aditya Birla Sun Life Bal Bhavishya Yojna - Wealth Plan

An open-ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier)

This product is suitable for investors who are seeking*

  • Long term capital growth
  • Investments in predominantly equity and equity related securities as well as debt and money market instruments

 

*We recommend investors to consult their financial advisers in case of doubt about whether the product is suitable for them.

Moderate Risk
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  • KIM - Aditya Birla Sun Life Bal Bhavishya Yojna
  • SID - Aditya Birla Sun Life Bal Bhavishya Yojna

  • Product Brochure

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Disclaimer

*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.
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