ABSL Multi Asset Allocation NFO: Everything you need to know

11 Jan 2023 , 09:07 AM

Aditya Birla Sun Life Mutual Fund is launching NFO under its “hybrid category”, named as Aditya Birla Sun Life Multi Asset Allocation Fund. This open-ended fund will invest in equity and equity related securities, debt & money market instruments and Commodities.

Investment strategy: The scheme aims for long-term capital appreciation by investing in equity & equity related instruments. The scheme will follow a bottom-up approach to stock-picking. The fund investment in debt securities and money market instruments issued by corporate and/or state and central government with the aim to controlling volatility and providing cash flows on a continuous basis debt & money market instruments and Commodities,.

Asset allocation: ABSL Multi Asset Allocation Fund seeks to provide diversification across Equity, Debt and Commodity asset classes with an aim to provide superior risk adjusted returns.

Who should invest?

Investors with high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in ABSL Multi Asset Allocation Fund. Those who want to diversify their investments across various asset classes should invest in the fund.

Risk associated: Very high level of risk.

Benchmark: 65% S&P BSE 200 + 25% CRISIL Short Term Bond Fund Index + 5% of Domestic prices of Gold + 5% of Domestic prices of Silver.

Fund Managers: Mr Dhaval Shah.

The NFO is available for subscription from January 11 to January 25. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 500/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in ABSL Multi Asset Allocation Fund.