Aditya Birla Sun Life Retirement Fund The 40s Plan Direct Growth

Solution Oriented
Retirement
Moderately High Risk
5Y Lock In
12.23%
3Y annualised
+0.67% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 May 2024₹17.94
Min. SIP amount₹500
Rating1
Fund size₹107.04Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Solution Oriented Retirement
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns28.6%12.2%12.2%11.9%
Category average30.4%15.6%15.0%NA
Rank with in category273835NA
Understand terms

Holdings (51)

NameSectorInstrumentAssets
SovereignGOI Sec7.94%
FinancialEquity6.92%
FinancialEquity5.45%
ConstructionEquity4.82%
TechnologyEquity4.76%
EnergyEquity4.24%
FinancialBonds3.69%
HealthcareEquity3.14%
HealthcareEquity3.10%
ConstructionEquity3.07%
See All

Pros and cons

Category: Solution Oriented Retirement

Pros

Cons

Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 1.01%
Lock-in period: 5Y
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 1.01%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Dhaval Joshi
Nov 2022 - Present
View details

Education
Mr. Joshi has done B.Com, M.Com. and MBA (Finance)
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he was associated with Sundaram Mutual Fund, Emkay Global Financial Services and Asit C Mehta Investment Intermediates Ltd..
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One World Center, Tower 1, 17th Floor, Jupiter Mill CompoundSenapati Bapat Marg, Elphinstone Road Mumbai 400013
Phone
NA
Launch Date
23 Dec 1994
Aditya Birla Sun Life Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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