Fund Performance
Lumpsum
SIP
15.27
as on 29 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,326 today.
NAV Performance
Fund Information
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₹ 12.690
as on 29 Mar 2023 -
Regular - Growth
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-
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₹ 1,000
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₹ 520 Cr.
as on 31 Dec 2021 -
2.61%
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11 Feb 2019
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Nifty 500 TRI
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Aditya Birla Sun Life Mutual Fund
Show All Funds
Highlights of this fund
Absl Bal Bhavishya Yojna Wealth Plan is an Open-ended Debt Fund. The fund belongs to Childrens Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 11 Feb 2019. This fund is offered by one of the top AMC (Assets Management Company) Aditya Birla Sun Life Mutual Fund. You can also view here all other Debt funds offered by Aditya Birla Sun Life Mutual Fund.
Latest NAV of the fund is ₹ 12.690 as on 29 Mar 2023.
This fund has 4 years of track record. Since 31 Oct 2021 expense ratio of this fund is 2.61%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 1,000.
Fund Objective
The investment objective of the Wealth Plan 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.
List of Fund Managers of Absl Bal Bhavishya Yojna Wealth Plan
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About Ajay Garg
Ajay has over 17 years of work experience in financial services. Prior to joining BSLAMC, he worked with Birla Sun Life Securities Ltd.He is a B.E. (Electronics) and an MBA in Finance.
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About Harshil Suvarnkar
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.01% | 0.31% | -0.28% | 0.81% | 2.75% | 8.87% | 19.79% | 8.26% | 12.71% | 2.89% | 4.62% | 9.38% | 8.87% | 10.36% |
| Category Average | -0.42% | -1.00% | -4.85% | -1.99% | -2.41% | 5.35% | 16.39% | 7.47% | 10.91% | -3.99% | -0.74% | 6.26% | 7.95% | 8.98% |
| Absl Bal Bhavishya Yojna Wealth Plan | -0.47%₹ 9,952 | -2.23%₹ 9,776 | -7.84%₹ 9,215 | -3.79%₹ 9,620 | -2.98%₹ 9,701 | -7.61%₹ 11,503 | 0.75%₹ 10,152 | -4.28%₹ 22,942 | 15.27%₹ 15,326 | 2.94%₹ 37,651 | - | - | - | - |
| ICICI Prudential Child Care Fund (Gift Plan) | -0.55%₹ 9,944 | 0.31%₹ 10,030 | -5.18%₹ 9,482 | -0.90%₹ 9,910 | -0.79%₹ 9,921 | -1.78%₹ 11,885 | 8.28%₹ 11,732 | 1.84%₹ 24,460 | 19.79%₹ 17,204 | 9.38%₹ 41,447 | 7.74%₹ 14,524 | 8.87%₹ 75,003 | 12.71%₹ 33,109 | 9.94%₹ 2,00,829 |
| Axis Childrens Gift Fund - No LocK-in | -0.58%₹ 9,942 | -2.00%₹ 9,800 | -5.28%₹ 9,471 | -3.96%₹ 9,603 | -8.05%₹ 9,195 | -7.94%₹ 11,481 | 4.65%₹ 10,955 | -3.90%₹ 23,037 | 16.50%₹ 15,822 | 5.02%₹ 38,853 | 8.26%₹ 14,875 | 7.56%₹ 72,595 | - | - |
| LIC Childrens Gift Fund | -0.51%₹ 9,949 | -1.40%₹ 9,859 | -5.67%₹ 9,432 | -2.10%₹ 9,790 | -2.99%₹ 9,700 | -5.48%₹ 11,643 | 4.21%₹ 10,863 | -1.98%₹ 23,508 | 16.01%₹ 15,626 | 5.08%₹ 38,886 | 6.45%₹ 13,672 | 6.54%₹ 70,771 | 8.35%₹ 22,321 | 6.65%₹ 1,68,860 |
| SBI Magnum Children's Benefit Fund | 0.01%₹ 10,001 | 0.31%₹ 10,031 | -0.28%₹ 9,971 | 0.81%₹ 10,080 | 2.75%₹ 10,274 | 2.89%₹ 12,186 | 8.87%₹ 11,861 | 4.62%₹ 25,161 | 14.40%₹ 14,984 | 8.90%₹ 41,153 | 7.44%₹ 14,324 | 8.85%₹ 74,964 | 11.66%₹ 30,160 | 10.36%₹ 2,05,312 |
| UTI Childrens Career Fund | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Portfolio Holdings
Top Sector Holdings of Absl Bal Bhavishya Yojna Wealth Plan
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 14.95% | ₹ 79.85 Cr. |
| Pharmaceuticals | 13.12% | ₹ 70.10 Cr. |
| Refineries/Marketing | 7.99% | ₹ 42.69 Cr. |
| Industrial electronics | 7.80% | ₹ 41.65 Cr. |
| Housing Finance | 6.66% | ₹ 35.58 Cr. |
| Others | 49.48% | - |
Top Stock Holdings of Absl Bal Bhavishya Yojna Wealth Plan
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Reliance Industries Ltd. | 7.99% | ₹ 42.69 Cr. |
| Honeywell Automation India Ltd. | 7.80% | ₹ 41.65 Cr. |
| Housing Development Finance Corporation Ltd. | 6.66% | ₹ 35.58 Cr. |
| Pfizer Ltd. | 6.50% | ₹ 34.71 Cr. |
| Kotak Mahindra Bank Ltd. | 5.67% | ₹ 30.28 Cr. |
| Others | 65.38% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 1.93% |
| Net Receivables | -0.23% |