Aditya Birla Sun Life Asset Allocator Multi-Manager FoF Scheme
Launched on 17th August, 2006 the mutual fund follows a unique investment strategy known as Dynamic Asset Allocation. The fund invests in a combination of equity and debt instruments but the percentage allocation in the asset classes depends upon the market conditions. It is one of the best schemes of Aditya Birla Sun Life Mutual Fund for the best returns in long term. The mutual fund diversify the assets in the large number of sectors as well.
ABSL Asset Allocator Multi-Manager FoF Scheme: Best Fund for Dynamic Returns
It is an open-ended hybrid mutual fund that has emerged as a pathway of good returns for the investors having nominal risk appetite. The minimum investment required to participate in this scheme is Rs. 1000 which is also same for the minimum SIP investment. The exit load of this dynamic asset allocation fund of ABSL is 1%, if the redemption is made within 365 days. Also, the expense ratio is 1.29% as on 31st March, 2019.
Investment Strategy of ABSL Asset Allocator Multi-Manager FoF Scheme
The scheme follows dynamic asset allocation strategy which gives it a privilege of increasing/decreasing the percentage of assets allocation in different classes according to the pertaining market volatility. The fund managers analyze the Price-to-Book Value (PBV) Ratio before diversifying the assets. When the ratio is high, the fund managers shift more capital in debt assets and vice versa. Doing so dilutes the risk in case of ABSL Asset Allocator Multi-Manager FoF Scheme.
Who Should Invest?
Aditya Birla Sun Life Asset Allocator Multi-Manager FoF Scheme is ideal for the investors who can digest moderately high risk. The risk is somewhat less than the risk associated with pure equity funds. The exposure towards equity may vary between 35%-85% which makes it a perfect option for an investor who want to enjoy stability of debt market along with high returns of equity market and the investors can also calculate the returns through our sip calculator.
Past Performance of ABSL Asset Allocator Multi-Manager FoF Scheme
The balanced advantage fund of ABSL has delivered exceptional returns in the past and have made a sound presence among all its peer competitors. The mutual fund has managed to provide consistent returns to the aspiring investors in the long term. The dynamic asset allocation fund of ABSL competes with CRISIL Hybrid 50+50 Moderate Index in terms of growth and performance, and fund has always defeated its benchmark.
Advantages of Investing in Aditya Birla Sun Life Asset Allocator Multi-Manager FoF Scheme
- Less Risky: The dynamic asset allocation fund of ABSL diversify the assets dynamically according to different market conditions which makes it less prone towards risk.
- High Returns: During market uptrend, the asset allocation is more inclined towards debt instruments, and more towards equities in case of market downtrend. Doing so, helps Aditya Birla Sun Life Asset Allocator Multi-Manager FoF Scheme to surge overall good margin no matter whatsoever be the nature of the market movement.
About the Fund Manager:
Mr. Kunal Sangoi (since July, 2018) is currently the fund manager of ABSL Asset Allocator Multi-Manager FoF Scheme. He holds a B.Com (H) degree and has done Chartered Accountant. Before joining Aditya Birla Sun Life Mutual Fund, he worked at Edelweiss Financial Services Ltd. He holds great expertise in finance management and is capable enough to implement powerful investment strategy during market volatility.
By now, you must have acquired all the basic information related to one of the best dynamic asset allocation funds of India. Moreover, if you want to kick out the worries related to the market conditions then you should invest in this mutual fund which makes sure that your investment earns profit irrespective of the market conditions.