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Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life Retirement Fund - The 50s Plan - Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Retirement Fund - The 50s Plan

An open-ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

Class: Solution
Category: Retirement
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Investment Objective

The plan invests predominantly in debt and money market instruments with marginal allocation to equity and equity related instruments.

The primary investment objective of the Scheme is income generation and capital appreciation for its investors which will be in line with their retirement goals by investing in a mix of equity, equity related instruments along with debt and money market instruments.

The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

This product is suitable for investors who are seeking

  • Regular income with capital growth over medium to long term
  • Investments in debt and money market instruments as well as equity and equity related securities

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Fund Details

  • Fund Type - Open-Ended
  • Class - Solution
  • Category - Retirement
  • Min Investment - Rs. 1000 & in multiples of Re.1 thereafter
  • Fund Manager - Mr. Ajay Garg & Mr. Harshil Suvarnkar
  • Latest NAV - 11.379 (as on 30-Jul-2021)
  • Inception Date - Feb 18, 2019
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Fund Performance

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Fund Management

  • Mr. Ajay Garg

    Total Experience : 27 years

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    Ajay Garg is Senior Portfolio Manager at Aditya Birla Sun Life AMC Limited (ABSLAMC). Ajay has over twenty five years 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.

  • Mr. Harshil Suvarnkar

    Total Experience : 11 years

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    Harshil Suvarnkar is a fund manager with Aditya Birla Sun Life AMC Limited. He has an overall experience of 11 years in the financial services industry.

    Prior to joining ABSLAMC he was associated with Indiabulls Housing Finance Limited for 10 years as Head - Markets, Treasury heading treasury investments, Asset Liability Management (ALM) and capital market borrowings.

    He has a Master’s degree in Management Studies from Jamnalal Bajaj Institute of Management Studies (JBIMS), University of Mumbai and Post-Graduate Diploma in Securities Law from Government Law College.
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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%

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
NIL

Highlights

  • Higher debt investments with an to protect the capital invested
  • The portfolio follows an accrual strategy for meeting the investment objective
  • Multi cap equity investments to generate reasonable returns

Individuals in their 50s have usually fulfilled all their financial responsibilities and have high disposable incomes to plan for their retirement. Retirement planning takes precedence now as individuals know that after they retire they would need a continuous supply of funds to take care of their expenses. A dedicated retirement plan is needed to help individuals fund their retirement without facing any financial dilemma.

Aditya Birla Sun Life Retirement Fund - The 50s plan is meant for investors who are in their 50s. With increasing age it is assumed that the risk appetite of investors would have decreased. Therefore, the fund invests primarily in debt and money market instruments which protect the capital from market volatility and aim to deliver less volatile returns. 0% to 25% of the fund is also allocated to the equity & equity related instruments with an aim to provide reasonable returns. The plan is focused to create a good accrual portfolio given the shorter investment horizon. Moreover, older investors need not worry about the fund adapting to their progressing age. Investors have an option to opt for the fund’s trigger facility which aims to help investors with an automated investment strategy which changes with their changing age and adapts to the changing risk profile of the investor. To illustrate, as investors step into their 60s, the fund’s trigger facility changes the plan to Aditya Birla Sun Life Retirement Fund – The 50s Plus – Debt Plan. The Fund Benchmark is CRISIL Short Term Debt Hybrid 75+25 Fund Index.

Key Features

  • Multi Plan SIP Facility: SIP can be done in more than one plan in this fund to avail the benefit of multiple asset allocations.
  • Lump sum Investments: Apart from SIP saving, lump sum money can also be invested from time to time in any plan of your choice in this fund. For example you can invest your performance bonus or any other lump sum money received in this scheme at any point of time.
  • Trigger Facility: This fund would facilitate seamless transition of risk profile and asset allocation. As one grows older and reaches new milestones of life, it calls for automatic changes in asset allocation (change of one plan to another). To illustrate, when you turn 40, the investment plan would automatically change from The 30s plan to The 40s plan. Similarly, the investment plan would change to 50s, as you turn 50.
  • Step Up SIP: Disciplined savings started early in life have to be stepped up as income grows to build a larger corpus for the retirement goal. As income grows over years, savings can be stepped up using this facility with an aim to achieve your retirement goal faster.

Aditya Birla Sun Life Retirement Fund - The 50s Plan

An open-ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

This product is suitable for investors who are seeking

  • Regular income with capital growth over medium to long term
  • Investments in debt and money market instruments as well as equity and equity related securities

 

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

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  • SID - Aditya Birla Sun Life Retirement Fund

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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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