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(Earlier known as Aditya Birla Sun Life Top 100 Fund)
Introduction to the Fund
The Aditya Birla Sun Life Focused Equity Fund (Earlier known as Aditya Birla Sun Life Top 100 Fund) is an open-ended, large-cap equity-oriented mutual fund scheme investing in the stocks of the top 100 companies in India, based on their market size (market capitalization).
At any time, the fund invests in a maximum of 30 stocks chosen from the top companies in India. Since the fund invests in large, well-known companies, that have a good track record and are stable, it has a higher potential for growth. When compared to small companies that are just getting started, larger companies have a bigger foothold and organized corporate governance making them a relatively safer choice for investing.
The fund follows a growth cum value style of investing, thereby presenting investors with plenty of opportunities for capital growth.
The Aditya Birla Sun Life Focused Equity Fund
Aditya Birla Sun Life Asset Management Company Limited (earlier known as Birla Sun Life Asset Management Company Limited) is a joint venture between Sun Life Financial, one of the leading international financial services organization based in Canada and Aditya Birla Group, one of the top business houses in India.
The JV brings together the experiences of Aditya Birla Group in the domestic Indian market and Sun Life’s global financial services expertise. The Aditya Birla Sun Life Mutual Fund (ABSLMF) was established in India in 1994 as a result of the partnership between Aditya Birla Group and Sun Life Financial.
Today, the company is one of the leading mutual fund houses in India with an AUM (Assets under Management) of Rs. 2423 billion in India, as in the last quarter of 2018. The fund house has a wide range of mutual fund schemes in India offering a mix of equity, debt, hybrid and balanced funds. The company manages investor folios worth Rs. 6.8 million.
ABCL has a pan-India presence with over 850 branches across the country. The company employs 18000+ employees as well as distributes its products via 2lakh+ agents and channel partners. ABCL oversees assets worth over 3000 billion rupees (as on 30th June 2019). The parent company Aditya Birla Group is a Fortune 500 company and is worth over the US $48.3 billion.
Features of Aditya Birla Sun Life Focused Equity Fund
1.00% of the applicable NAV - For switch out/redemption of units within 365 days of allotment
Nil – For switch out/redemption of units after 365 days of allotment
Large companies offer larger wealth creation opportunities – that is the mantra of the ABSL Focused Equity Fund. This equity-oriented mutual fund invests in the stocks of the top 100 companies in India, presenting investors with stable and reliable growth opportunities.
Salient Highlights of the Fund:
The Aditya Birla Sun Life Focused Equity Fund offers medium to long-term capital appreciation, by investing primarily in the equities and equity-oriented securities of the top 100 companies in India. It provides investors with a diversified portfolio and ample opportunities for capital appreciation.
The general rule of thumb in the equity market is that larger companies have been in the industry for longer times, thereby aren’t volatile like small startups. Additionally, large companies have better reliability and a good track record of corporate management.
The Aditya Birla Sun Life Focused Equity Fund chooses the top 100 companies in India and invests in their stocks, thereby providing investors with the opportunity for wealth creation via a capital appreciation in the medium to long term.
This Aditya Birla Sun Life Focused Equity Fund is ideal for investors who are:
This indicates the risk level of the Aditya Birla Sun Life Focused Equity Fund. The risk level is
Moderately High (which means that the principal is at moderately high risk)
*If you are unsure if this fund is right for you, make sure to consult your financial advisor, before investing in it.
The Aditya Birla Sun Life Focused Equity Fund has the potential to offer maximized returns when an investor stays invested for three years or more.
The Aditya Birla Sun Life Focused Equity Fund adopts a bottom-up strategy to investing. The scheme primarily focuses on identifying the top 100 companies in India based on their market size. The fund manager and team then further refine this list by identifying companies that have a strong competitive business in the domestic market and with sound management teams.
The mutual fund then chooses stocks from this list based on internal analysis of the following criteria:
The Aditya Birla Sun Life Focused Equity Fund has two plan types:
Both these plans have a common portfolio but separate NAVs. While applying for the fund, investors have to choose the type of plan they are subscribing for. Both the above plans have two sub-classifications:
The direct plan is available only to investors who subscribe or purchase units directly from the mutual fund and not via a distributor. The default option of the ABSL Focused Equity Fund is the Dividend Option (Reinvestment Facility). If an applicant has not mentioned the growth or dividend option, the dividend option (with reinvestment) is selected by default.
Here are the compounded annualized returns for the Growth Plan of the ABSL Focused Equity Fund against the Nifty 50 TRI benchmark.
Performance of the Regular Plan-Growth Option
SIP Performance of Regular Growth Plan (Assuming a SIP investment of Rs. 10,000 every month)
*Note that – Past performance is not indicative of future performance and may or may not be sustained in future.
1. How to find the latest NAV of my investments?
You can check the latest NAV prices by sending a text message to 567679. Type the following message: NAV <292G> and send it to the above number. You will receive the latest NAV prices via SMS. Note that the SMS may be charged as a premium text message, based on your mobile plan type.
2. How to invest in the Aditya Birla Sun Life Focused Equity Fund?
Investors can choose any one of the following methods:
3. What about the liquidity options of this fund?
The Aditya Birla Sun Life Focused Equity Fund is an open-ended scheme. The fund offers switch-in/purchase and switch-out/redemption of portfolio units based on prevailing NAV prices. This allows unitholders the flexibility to purchase or redeem the units at any time. All redemption proceeds are dispatched within 10 days of receiving and accepting the redemption request.
4. Does this fund assure returns?
No mutual fund plan offers guaranteed returns. All mutual fund investments are subject to market risks. Make sure to read the fund document carefully before investing in mutual fund schemes.
5. What are the minimum amounts for purchase or redemption of units in this fund?
For Fresh Purchase (including switch-in): The minimum amount is Rs. 1000 and after that in multiples of Rs. 1
For Additional Purchase (including switch-in): The minimum amount is Rs. 1000 and thereafter in multiples of Rs. 1
For Repurchase: In multiples of Rs. 1 or 0.001 units for all plans and options
*Disclaimer: Mutual fund investments are subject to market risks. Make sure to read the scheme document carefully and make the right investments. If you have any further doubts, get in touch with Aditya Birla Sun Life Mutual Fund by dialling the toll-free number 1800 270 7000.
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