Fund Overview
Fund Size
₹1,060 Cr
Expense Ratio
0.66%
ISIN
INF209KB1E84
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
12 Feb 2019
About this fund
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth is a Children mutual fund schemes offered by Aditya Birla SL Mutual Fund. This fund has been in existence for 5 years, 5 months and 14 days, having been launched on 12-Feb-19.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹21.71, Assets Under Management (AUM) of 1060.06 Crores, and an expense ratio of 0.66%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹21.71, Assets Under Management (AUM) of 1060.06 Crores, and an expense ratio of 0.66%.
- Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth has given a CAGR return of 15.27% since inception.
- The fund's asset allocation comprises around 97.93% in equities, 0.00% in debts, and 2.07% in cash & cash equivalents.
- You can start investing in Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+32.22%
— (Cat Avg.)
3 Years
+15.77%
— (Cat Avg.)
5 Years
+17.03%
— (Cat Avg.)
Since Inception
+15.27%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹1,038.08 Cr | 97.93% |
| Others | ₹21.98 Cr | 2.07% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹64.76 Cr | 6.11% |
| HDFC Bank Ltd | Equity | ₹55.67 Cr | 5.25% |
| Infosys Ltd | Equity | ₹47.22 Cr | 4.45% |
| Reliance Industries Ltd | Equity | ₹46.5 Cr | 4.39% |
| Axis Bank Ltd | Equity | ₹36.17 Cr | 3.41% |
| Larsen & Toubro Ltd | Equity | ₹36.11 Cr | 3.41% |
| Bharti Airtel Ltd | Equity | ₹36.1 Cr | 3.41% |
| Maruti Suzuki India Ltd | Equity | ₹23.91 Cr | 2.26% |
| Oil & Natural Gas Corp Ltd | Equity | ₹21.94 Cr | 2.07% |
| Mahindra & Mahindra Ltd | Equity | ₹21.85 Cr | 2.06% |
| Fortis Healthcare Ltd | Equity | ₹21.44 Cr | 2.02% |
| Clearing Corporation Of India Limited | Cash - Repurchase Agreement | ₹20.64 Cr | 1.95% |
| Tata Motors Ltd | Equity | ₹19.8 Cr | 1.87% |
| State Bank of India | Equity | ₹19.74 Cr | 1.86% |
| V-Guard Industries Ltd | Equity | ₹19.43 Cr | 1.83% |
| AU Small Finance Bank Ltd | Equity | ₹17.33 Cr | 1.63% |
| GAIL (India) Ltd | Equity | ₹16.47 Cr | 1.55% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹15.89 Cr | 1.50% |
| Container Corporation of India Ltd | Equity | ₹15.64 Cr | 1.48% |
| IndusInd Bank Ltd | Equity | ₹15.59 Cr | 1.47% |
| SAMHI Hotels Ltd | Equity | ₹15.13 Cr | 1.43% |
| Ambuja Cements Ltd | Equity | ₹15.08 Cr | 1.42% |
| Samvardhana Motherson International Ltd | Equity | ₹14.75 Cr | 1.39% |
| REC Ltd | Equity | ₹14.45 Cr | 1.36% |
| ITC Ltd | Equity | ₹14.45 Cr | 1.36% |
| FSN E-Commerce Ventures Ltd | Equity | ₹14.35 Cr | 1.35% |
| CESC Ltd | Equity | ₹13.99 Cr | 1.32% |
| Shriram Finance Ltd | Equity | ₹13.98 Cr | 1.32% |
| Cello World Ltd | Equity | ₹13.97 Cr | 1.32% |
| Balrampur Chini Mills Ltd | Equity | ₹13.72 Cr | 1.29% |
| Hindustan Petroleum Corp Ltd | Equity | ₹13.7 Cr | 1.29% |
| Zomato Ltd | Equity | ₹13.54 Cr | 1.28% |
| Timken India Ltd | Equity | ₹13.48 Cr | 1.27% |
| Gokaldas Exports Ltd | Equity | ₹13.25 Cr | 1.25% |
| Hindalco Industries Ltd | Equity | ₹13.18 Cr | 1.24% |
| InterGlobe Aviation Ltd | Equity | ₹13.11 Cr | 1.24% |
| Chalet Hotels Ltd | Equity | ₹12.9 Cr | 1.22% |
| Petronet LNG Ltd | Equity | ₹12.88 Cr | 1.22% |
| INOX India Ltd | Equity | ₹12.64 Cr | 1.19% |
| Engineers India Ltd | Equity | ₹12.54 Cr | 1.18% |
| Sunteck Realty Ltd | Equity | ₹12.48 Cr | 1.18% |
| TD Power Systems Ltd | Equity | ₹12.44 Cr | 1.17% |
| Max Financial Services Ltd | Equity | ₹12.15 Cr | 1.15% |
| MAS Financial Services Ltd Ordinary Shares | Equity | ₹11.98 Cr | 1.13% |
| United Breweries Ltd | Equity | ₹11.24 Cr | 1.06% |
| HCL Technologies Ltd | Equity | ₹10.95 Cr | 1.03% |
| Bikaji Foods International Ltd | Equity | ₹10.66 Cr | 1.01% |
| IRB Infrastructure Developers Ltd | Equity | ₹10.54 Cr | 0.99% |
| Go Fashion (India) Ltd | Equity | ₹10.44 Cr | 0.99% |
| Tata Steel Ltd | Equity | ₹10.44 Cr | 0.98% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹10.42 Cr | 0.98% |
| Bajaj Finance Ltd | Equity | ₹9.85 Cr | 0.93% |
| Gujarat Gas Ltd | Equity | ₹9.65 Cr | 0.91% |
| Bank of Baroda | Equity | ₹9.64 Cr | 0.91% |
| Bharti Hexacom Ltd | Equity | ₹9.58 Cr | 0.90% |
| NTPC Ltd | Equity | ₹9.46 Cr | 0.89% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹8.82 Cr | 0.83% |
| Navin Fluorine International Ltd | Equity | ₹8.61 Cr | 0.81% |
| Zee Entertainment Enterprises Ltd | Equity | ₹8.5 Cr | 0.80% |
| Clean Science and Technology Ltd | Equity | ₹8.17 Cr | 0.77% |
| Sona BLW Precision Forgings Ltd | Equity | ₹5.45 Cr | 0.51% |
| Net Receivables / (Payables) | Cash | ₹1.34 Cr | 0.13% |
Allocation By Market Cap (Equity)
Large Cap Stocks
59.27%
Mid Cap Stocks
17.07%
Small Cap Stocks
21.58%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹291.72 Cr | 27.52% |
| Consumer Cyclical | ₹179.33 Cr | 16.92% |
| Industrials | ₹145.93 Cr | 13.77% |
| Energy | ₹95.02 Cr | 8.96% |
| Basic Materials | ₹71.38 Cr | 6.73% |
| Technology | ₹58.17 Cr | 5.49% |
| Communication Services | ₹54.18 Cr | 5.11% |
| Consumer Defensive | ₹50.06 Cr | 4.72% |
| Utilities | ₹49.56 Cr | 4.68% |
| Healthcare | ₹30.26 Cr | 2.85% |
| Real Estate | ₹12.48 Cr | 1.18% |
Risk & Performance Ratios
Standard Deviation
This fund
12.11%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.81
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th June 2024
ISIN | INF209KB1E84 | Expense Ratio | 0.66% | Exit Load | No Charges | Fund Size | ₹1,060 Cr | Age | 12 Feb 2019 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Children Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Magnum Children's Benefit Fund Regular Growth High Risk | 1.2% | 3.0% | ₹115.71 Cr | 20.4% |
| Tata Young Citizens Fund Direct Growth Very High Risk | 2.2% | 1.0% | ₹363.23 Cr | 32.4% |
| Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth Very High Risk | 0.7% | 0.0% | ₹1060.06 Cr | 32.2% |
| Aditya Birla Sun Life Bal Bhavishya Yojna Regular Growth Very High Risk | 2.1% | 0.0% | ₹1060.06 Cr | 30.2% |
| SBI Magnum Children's Benefit Fund- Investment PLan Direct Growth Very High Risk | 0.8% | 3.0% | ₹2325.64 Cr | 45.6% |
| SBI Magnum Children's Benefit Fund- Investment PLan Regular Growth Very High Risk | 2.0% | 3.0% | ₹2325.64 Cr | 43.9% |
| SBI Magnum Children's Benefit Fund Direct Growth High Risk | 0.9% | 3.0% | ₹115.71 Cr | 20.8% |
| Union Children's Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹51.11 Cr | - |
| Union Children's Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹51.11 Cr | - |
About the AMC
Total AUM
₹3,61,512 Cr
Address
One World Centre, Tower 1, 17th Floor, Mumbai, 400 013
Other Funds by Aditya Birla SL Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth?
The NAV of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth, as of 25-Jul-2024, is ₹21.71.
What are the returns of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth?
The fund has generated 32.22% over the last 1 year and 15.77% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth?
The fund's allocation of assets is distributed as 97.93% in equities, 0.00% in bonds, and 2.07% in cash and cash equivalents.
Who manages the Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth?
The fund managers responsible for Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth are:-
- Atul Penkar
- Harshil Suvarnkar
- Dhaval Joshi
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.