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With 17.25% Returns In 3 Years, This Retirement Fund Is Good For Retirement Savings
There are various financial tools to consider while creating a retirement corpus, including retirement funds. These funds are a type of mutual fund, and investing in them can provide significant returns. This fund also has easy liquidity.
In this article, we gave given information about one such retirement fund. The fund has offered good returns. Check out the return performance and portfolio below in this article.
Aditya Birla Sun Life Retirement Fund - The 50s Plus - Debt Plan - Direct-Growth
This retirement fund was launched on 11th March 2019 by the Aditya Birla Sun Life Mutual Fund. It is a debt corporate bond mutual fund. The Fund has Asset Under Management worth Rs 39.15 Crore. The NAV declared on 08Th April 2022 is Rs 11.7757. Its expense ratio is below its category average expense ratio at 0.74%.
This fund is rated 1-star by Value Research. It is a moderate risky fund. On return performance, it is offered good and promising returns since its inception. The benchmark of this fund is CRISIL Short-Term Bond Index. To start investment in this fund, the minimum amount required is Rs 1000, and for SIP, it is Rs 500.
Absolute And Annualised Returns
Lump-Sum Investment Returns
Aditya Birla Sun Life Retirement Fund - The 50s Plus - Debt Plan Direct-Growth returns of the last 1-year are 3.68%. Since its launch, it has delivered 5.45% average annual returns.
| Investment Period | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 3.68% | 3.68% |
| 2 Year | 9.96% | 4.86% |
| 3 Year | 17.25% | 5.44% |
| Since Inception | 17.76% | 5.45% |
SIP Returns
| SIP Returns | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 1.33% | 2.48% |
| 2 Year | 3.52% | 3.36% |
| 3 Year | 6.74% | 4.28% |
Portfolio
The fund has a debt investment of 95.86 per cent, with 59.74 per cent in government securities and 36.1 per cent in funds investing in extremely low-risk securities.
The credit profile of the fund is very good, suggesting that it has been loaned to borrowers of exceptional quality. Because the majority of funds in this category lend to stronger borrowers, the risk of default in this fund is higher than in the category.
The fund's biggest holdings include the Government of India, Bharat Petroleum Corporation Ltd., Reliance Jio Infratel Pvt. Ltd., Karnataka State, and Rural Electrification Corporation Ltd.
Disclaimer
Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
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