Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life MNC Fund |ABSL MNC Fund - ABSLMF

Aditya Birla Sun Life MNC Fund

(An open ended equity scheme following the MNC theme in its investments)

Class: Equity
Category: Thematic

Investment Objective

The objective of the scheme is to achieve growth of capital at relatively moderate levels of risk by investing in securities of multinational companies through a research based investment approach.

This product is suitable for investors who are seeking

  • Long term capital growth (3 years and above)
  • Investments primarily in equity and equity-related securities of multinational companies (MNCs)

 

Product Videos: Know Your Fund


Value Added Products:

Systematic Investment Plan - Available Online & Offline for Direct & Regular investors to iron out intermittent market volatility and enable long term savings

Salient features of SIP:

Step-up SIP – This facility lets investors enhance the SIP amount during regular intervals. This allows you to make the most out of your SIP investments by increasing your contributions towards those schemes that are performing well. Additionally, you can also increase your investment amount when there is a hike in your pay.

Multi Scheme SIP Facility - The Facility enables investors to subscribe under various Schemes through SIP using a single application form and payment instruction.

Systematic Transfer Plan (STP) allows investors to save in both asset classes by transfering a fixed amount from one scheme and invest in another scheme

Investors have the option of:

  • Daily Systematic Transfer Plan
  • Weekly Systematic Transfer Plan
  • Monthly Systematic Transfer Plan
  • Quarterly Systematic Transfer Plan


Minimum Balance in the scheme at the time of enrollment for STP facility:

  • Daily Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.10,000/-
  • Weekly Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.6000
  • Monthly Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.6000
  • Quarterly Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.8000

Minimum Transfer Amount

For STP installments greater than Rs.500 but less than Rs.999, Investors are required to instruct for minimum 12 transfers of Rs.500 and in multiples of Re. 1thereafter. For STP installments of Rs.1000 and above, Investors are required to instruct for minimum 6 transfers of Rs.1000 and in multiples of Re. 1 thereafter.

Systematic Withdrawal Plan allows investors to withdraw a fixed amount of money from their mutual fund to build sustainable income streams while saving on Tax also

Investors have the option of:

Fixed Withdrawal - which allows investors of the Growth Plan to withdraw a fixed amount at regular intervals. Investors can withdraw fixed amount of Rs1,000/- each and above at regular intervals.

Appreciation Withdrawal - which allows investors of Growth Plan to withdraw the appreciation amount at regular intervals. Investors can withdraw appreciation of Rs1,000/- and above at regular intervals.

Withdrawal Frequency:

For Fixed Withdrawal Option: Investors can withdraw fixed amount on 1 or 7 or 10 or 14 or 20 or 21 or 28 of month/quarter/Half yearly and Annually for minimum 6 months/ 4 quarter/2 half years and 1 year. For Appreciation Withdrawal Option: Investors can withdraw appreciation on the 1 of each month/quarter for minimum 6 months/ 4 quarter.

Capital Appreciation Transfer Plan (CATP) allows investors to preserve their capital and transfer only capital appreciation to another asset class / scheme at regular intervals

Century SIP - SIP to enable your long term wealth creation while providing Free Life Insurance of upto Rs 50 Lacs

Century SIP - In addition to the regular SIP facility for the Scheme, Aditya Birla Sun Life Century SIP (CSIP) gives the benefit of Free Life Insurance cover up to Rs.50Lacs. It is eligible for individual investors whose age is 18 years and above but less than 51 years, at the time of the first investment. In case of joint unit holders in the scheme, only the first unit holder would be eligible for the insurance cover.

Investment Amount in Century SIP

  • Minimum: Rs1000 per month
  • Maximum: No upper limit

Investors should note that once CSIP is availed, CSIP amount cannot be changed. However, investors can avail the step-up SIP feature.

Tenure of Century SIP

60 Years and less than the current completed age of the investor. If the investor has chosen an end date which is beyond 60 years of age the SIP will continue beyond the age of 60, however without any insurance benefits.

Amount of Insurance Cover:

If Century SIP continues, the insurance cover would be as follows:

  • Year 1 : 10 times the monthly Century SIP installment
  • Year 2 : 50 times the monthly Century SIP installment
  • Year 3 onwards : 100 times the monthly Century SIP installment

All the above mentioned limits are subject to maximum cover of Rs.50 lacs per investor across all schemes/plans/folios of the fund.

Fund Details

  • Fund Type - Open-Ended
  • Class - Equity
  • Category - Thematic
  • Min Investment - Rs. 1000/-
  • Fund Manager - Mr. Ajay Garg
  • Latest NAV - 770.33 (as on 11-Dec-2019)
  • Inception Date - Dec 28, 1999
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Fund Performance

Trailing Return

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Funds are bucketed on various parameters with respect to other funds in their category.
*Annualized returns are displayed for 1 year and above.

Annualized Returns

Fund Management

  • Mr. Ajay Garg

    Total Experience : 22 years

    View Full Profile
    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 31.10.2019)

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Issuer % to Net Assets
Top 10 Sector Holdings Chart

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
1%: For redemption / switch-out of units within 365 days from the date of allotment (% of applicable NAV) NIL : For redemption / switch-out of units after 365 days from the date of allotment
**Exit Load is NIL for units issued in Dividend Reinvestment.

Highlights

  • Invests in multinational companies
  • Diversified and quality portfolio
  • Strong performance track record

Giving investments best of the world

MNCs are adept at performing well, even in adverse market conditions. That is why investors place greater trust in their management and such companies consequently enjoy higher valuations in equity markets. A significant number of MNC's are valued at a premium for their management quality, consistent growth, strong finances, access to parent technology and prudent accounting policies. Investors can, by investing in such funds, achieve their long-term goals. Aditya Birla Sun Life MNC Fund aims to invest in securities of multinational companies through a research-based investment approach.

Confidence and stability from investments in MNCs


Only exceptionally performing companies become MNCs. They are synonymous with latest technology, time-tested expertise and a global understanding that enables them to expand their presence across continents and create growth opportunities. Developing economies like India present tremendous opportunities for multinationals. We expect MNCs to make fresh investments in areas like knowledge-based industries, service industry and infrastructure. Investors can benefit from investing in globally competitive companies through investments in this scheme.

Discipline

The fund primarily invests in companies with sound corporate managements and prospects of good future growth. A track record of superior performance and corporate governance is also given due weightage to be part of this fund’s portfolio. A significant proportion of the scheme's equity investment is made in large capitalization stocks, including established blue-chips and emerging blue-chip stocks. The Fund Benchmark is Nifty MNC TRI.

Aditya Birla Sun Life MNC Fund

(An open ended equity scheme following the MNC theme in its investments)

This product is suitable for investors who are seeking*

  • Long term capital growth (3 years and above)
  • Investments primarily in equity and equity-related securities of multinational companies (MNCs)

 

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

Moderately High Risk
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DOWNLOAD

  • KIM - Aditya Birla Sun Life MNC Fund
  • SID - Aditya Birla Sun Life MNC Fund
  • Product Brochure

Disclaimer

For further details on the Scheme, refer Scheme Information Document and Key Information Memorandum.

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