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This Retirement Fund (The 40s Plan) Is Good For SIP, Given Over 18% Returns In 3 Years
Retirement mutual funds are especially useful for young investors or those with limited investing experience since the asset allocation reflects a lengthy time horizon till retirement and there is automatic rebalancing and de-risking over time. These funds are great investment options for your retirement gold age. In this article, we have highlighted one such retirement fund. This Retirement Fund is just 3 years old but has given goods returns.
Aditya Birla Sun Life Retirement Fund - The 40s Plan - Direct-Growth
This fund was launched on 11 March 2019 Aditya Birla Sun Life Mutual Fund. It is an open-ended retirement solution-oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier). The fund has Assets Under Managed of worth Rs 90.34 Crore. The NAV of the fun declared on 25th March 2022 is RS 13.203. The expense ratio of the fund is 1.07%, which is higher compared to its 0.93% category average.
The Scheme's principal investment purpose is to provide income and capital appreciation to its members following their retirement aspirations by investing in a combination of equities, equity-related products, debt, and money market instruments.
The fund is not yet been rated as the fund is only 3 years old. Despite the 3-year-old fund, it has given good returns over the years. Investors who are looking to build their retirement corpus can opt to invest in this fund for 5 years. However, it is a highly risky fund and also could attract losses.
Absolute And Annualised Returns
Lump-Sum Investment Returns
| Investment tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 6.56% | 6.56% |
| 2 Year | 57.05% | 25.32% |
| 3 Year | 31.67% | 9.60% |
| Since Inception | 32.03% | 9.57% |
SIP Returns
| SIP Tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | -0.28% | -0.52% |
| 2 Year | 12.58% | 11.88% |
| 3 Year | 18.33% | 11.25% |
Portfolio
With a small allocation to debt and money market instruments, the plan aspires to invest primarily in equity and equity-related products.
The fund has a 77.25 percent stock allocation and a 22.45 percent debt exposure. The fund's debt part has a low credit rating, meaning that the borrowers to whom it has given money are not of high quality.
The financial, technology, healthcare, consumer discretionary, and automobile sectors make up the majority of the fund's stock holdings. In comparison to other funds in the category, it has less exposure to the Financial and Technology industries.
ICICI Bank Ltd., Infosys Ltd., Reliance Industries Ltd., Larsen & Toubro Ltd., and Bayer CropScience Ltd. are the fund's top five holdings.
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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