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Mint
16 hours ago
- Business
- Mint
Aditya Birla Sun Life Balanced Advantage Fund review 2025: Updated insights for investors
As retail investors in the country look for stability amid the ongoing market volatility in June 2025, the Aditya Birla Sun Life Balanced Advantage Fund (ABSL BAF) continues to draw admiration for its unique and dynamic asset allocation strategy. The objective of setting up this fund is to balance equity and debt exposure based on the prevailing market conditions, thus making it a potential investment option for investors seeking long term capital appreciation with moderate risk. This fund was launched on 25 April 2000. It is known as the Aditya Birla Sun Life Balanced Advantage Fund. It is jointly managed by Lovelish Solanki, Mohit Sharma and Harish Krishnan. The fund focuses on generating long term capital appreciation and income distribution by investing in a mix of equity, equity related instruments and fixed income securities. That is why investors should focus on proper asset allocation to make their investment journey more meaningful and rewarding. On the same issue, Harish Krishnan, Co-CIO and Head Equity, Aditya Birla Sun Life AMC believes that, 'Asset allocation is about having a disciplined framework to book profits when everything seems to be going great for an asset class and to increase allocation when margin of safety improves.' He further added that, "ABSL BAF has navigated the last 6 months with agility and discipline- from 38% in mid October 2024 to directional equity to around 70% by mid-March 2025, a period where pessimism was on the rise and conversely margin of safety improved. It is this dynamic asset allocation that helps protect the downside while participating in eventual upside of markets." The fund has an exposure of 69.82% in equities, with the remainder of 30.18% allocated to cash and debt instruments. For more details on the fund, investors can refer to the official fund page: Aditya Birla Sun Life Mutual Fund page. According to data from the fund's official website the NAV (Net Asset Value) for the Regular Plan Growth option stood at ₹ 104.81 as of 31st May 2025. Here is a quick snapshot of the funds returns across different time horizons: Period Return (%) 1 year 11.08% 3 years 14.48% 5 years 17.36% Since inception 9.83% Source: Aditya Birla Sun Life Mutual Fund Minimum investment : ₹ 100 is the minimum amount of investment. Further you can also invest money on a lump sum basis or through Systematic Investment Plan (SIP). : 100 is the minimum amount of investment. Further you can also invest money on a lump sum basis or through Systematic Investment Plan (SIP). Expense ratio : As of April 2025, the expense ratio of the fund is 1.79% for the Regular Plan. This ratio changes as per fund policies therefore refer to the official website for updates. : As of April 2025, the expense ratio of the fund is 1.79% for the Regular Plan. This ratio changes as per fund policies therefore refer to the official website for updates. Exit load : 0.25% if redeemed within 7 days; nil thereafter. : 0.25% if redeemed within 7 days; nil thereafter. Risk rating : Very High (as per SEBI's Riskometer). : Very High (as per SEBI's Riskometer). Benchmark index: CRISIL Hybrid 50+50 - Moderate Index. Note: The details, returns and features related to the fund, discussed above are illustrative only. For the updates, features, returns, terms and conditions refer to the official website of the fund. You are also advised to discuss your doubts with a certified financial advisor before investing in mutual funds. Hence, it is prudent to keep in mind that the ABSL Balanced Advantage Fund operates in a regulatory environment where market volatility is being shaped by RBI's monetary policies, global economic shift, interest rate trends and domestic economic indicators. The fund's dynamic method of rebalancing of equity and debt positions may help navigate these market fluctuations, economic downturns better than traditional fixed allocation funds. Still, being rated as a 'Very High' risk fund, it becomes essential for investors to carefully go through the fund profile and documents to assess their personal risk taking capacity and long term financial goals before investing. Furthermore, for updated information, asset mix, and downloadable factsheets, investors are advised to refer to the official ABSL Balanced Advantage Fund webpage. Disclaimer: Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. The information provided here is for general awareness and educational purposes only and does not constitute financial advice. Please consult your financial advisor before making any investment decisions.
The Hindu
2 days ago
- Business
- The Hindu
Ask Us: On investments
Q I am a retiree and started a Post Office PPF account in November 2020. I have ₹3 lakh in the account and am badly in need of money for medical emergency. Can I close my account and get back the money now? Raja Thilagar A We are sorry to hear about your situation. Public Provident Fund (PPF) account comes with a lock-in period of 15 years, i.e. account can be closed only after the completion of 15 years under normal circumstances. It's not advisable to open a PPF account at the fag end of your career. In the Post Office PPF account, a subscriber can withdraw only after the completion of five financial years excluding the account opening. In your case, you have opened in November 2020 (FY20-21), withdrawal can be made only during FY2026-27, i.e. after completion of March 31, 2026. Further, only 50% of the balance credit at the end of the fourth preceding year could be withdrawn. Premature closure is allowed only after the completion of the fifth calendar year from the end of the year in which the account was opened. The closure is subject to conditions such as life-threatening disease of account holder, spouse or dependent children; higher education of account holder or dependent children. It is also allowed when there is a change in the resident status of an account holder (i.e., he/she became NRI). However, 1% interest shall be deducted for the same. Though you have a medical emergency, it is likely impossible to close your PPF account prematurely or withdraw your corpus. However, a post office official said, 'If you have valid medical certificates and that the medical condition (of self or any of the family member) is life-threatening, you can place a request to the Divisional Head of your branch through your branch head and try explaining your crisis. However, it's not a guarantee that your account could be closed prematurely.' Q I passed out from college recently and am working in a Central government PSU. My father is into a small business and I have no liabilities. How should I start investing for long-term? Also advise me on health insurance for my family. Ansh Gupta A You are considerably young and have enough time for growth prospects, be it in direct equity investing or through mutual funds. First, you can start investing in mutual funds (MFs). Choose any Index fund (passive) that tracks Nifty 50 or Sensex 30, which are comparatively (not completely) safer. However, choose only direct schemes but not regular schemes that are offered by distributors or brokers. When compared with regular schemes, the expense ratio for direct schemes is lower. Either you can start a Systematic Investment Plan (SIP) or you can invest in a lumpsum plan. SIP is a monthly commitment whereas a lumpsum is a one-time investment plan. You can start investing a minimum of ₹500 per month (some MF schemes offer lower amount plans also) in any passive fund or as a one-time lumpsum, if you get any incentive or bonus. Since you have no liability, you can start a SIP of ₹6,000 per month. Keep track of the performance of SIP investment for two to three years. Once you have understood how market movements impact your mutual fund performance, you can consider investing in other active mutual funds and also start investing in equity markets, that is stocks. For a decent health insurance coverage for you and your family, take a family floater policy with a sum insured (SI) of up to ₹10 lakh at an affordable premium. Important criteria to consider in the policy are list of network hospitals for cashless treatment, higher claim settlement ratio of insurance companies, cap on room rents, sub-limits on treatments, waiting periods for pre-existing diseases, pre- and post-hospitalisation coverage period, no-claim bonus benefits, inclusion of annual health check-up facility, co-payment clauses, coverage for daycare procedures and life-long renewability. (The writer is an NISM & CRISIL-certified wealth manager)
Time of India
4 days ago
- Business
- Time of India
Who controls India Inc.? The answer is starting to change: NSE report
In the latest edition of its 'India Inc. Ownership Tracker' for March 2025, the National Stock Exchange ( NSE ) reveals that private Indian promoters continue to hold the largest stake in India Inc., commanding a 32.5% share in NSE-listed companies. However, the report also signals a shifting tide, with domestic mutual funds ( DMFs ) and retail investors gaining significant ground in India's corporate ownership landscape. Here's a snapshot of the holdings as of March 2025: Promoter holdings fall to 50.1% Promoter ownership dropped for the third consecutive quarter, settling at 50.1%—a combination of private Indian promoters (32.5%) and government holdings (9.9%). This marks a continued dilution trend in promoter stakes across listed entities. Domestic institutions strengthen their position Domestic mutual funds saw their share rise to an all-time high of 10.4%, driven by sustained Systematic Investment Plan (SIP) inflows. This includes 8.4% from active funds and 2.0% from passive strategies. Notably, insurance companies, banks, and financial institutions now hold 5.6%, collectively pushing domestic institutional holdings ahead of foreign players for the first time since 2003. Foreign investors hold steady Foreign Portfolio Investors (FPIs) increased their stake slightly to 17.5%, recovering from a 13-year low recorded in December 2024. Foreign promoters continue to maintain 8.1% ownership. Retail investors expand their footprint Direct ownership by individual investors climbed to 9.5%, while their combined share—including mutual fund holdings—now stands at a record 18.2%. This trend reflects rising household interest in equity markets, further evidenced by an estimated Rs 46 lakh crore accretion in household wealth from equities over the past five years. Also read: Vodafone Idea approves Rs 20,000 cr fundraise plans in a fight for survival Sectoral and market cap preferences FPIs maintained a bullish stance on financials while exercising caution on consumption and commodities. DMFs, on the other hand, pared exposure to financials and consumer staples, while turning incrementally positive on consumer discretionary sectors. The report also notes a renewed institutional tilt toward large-cap stocks, particularly in the Nifty50 and top-decile companies. While private Indian promoters remain the dominant shareholders, the steady rise in domestic mutual fund and retail participation signals a more democratized and diversified ownership base in India Inc. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The Print
6 days ago
- Business
- The Print
Nippon India MF eyes deeper retail play, expansion in smaller cities to fuel growth
While the overall mutual fund industry in the region grew 20 per cent year-on-year, Nippon India clocked over 27 per cent growth, with Systematic Investment Plan (SIP) inflows rising 55 per cent in FY24 , significantly ahead of the industry's 38 per cent in the region and 34 per cent nationwide. The fund house is particularly bullish on eastern India, where growth continues to outpace the national average, the official added. Kolkata, May 28 (PTI) Nippon India Mutual Fund (MF) is betting big on deeper retail penetration and expansion in smaller towns to double its investor base to 5 crore over the next 7-8 years, a top official said on Wednesday. 'Our strategy is clear, we want to go deeper into the retail market, especially in emerging and underpenetrated regions. That's where India's growth lies. Our current investor base is 2 crore out of 6 crore MF unique investors,' said Sundeep Sikka, Executive Director and CEO, Nippon India Mutual Fund. 'Nippon India is the largest foreign mutual fund in India. What sets us apart is that we have grown the fastest among the top five, despite not having a banking sponsor,' he added. The fund house added 82 lakh investors in FY24, outpacing several bank-sponsored asset management companies (AMCs), and recorded a 27 per cent year-on-year growth in assets under management (AUM), he said. With 269 branches nationwide, Nippon India has established a robust presence in eastern India, operating in 50 locations across 11 states and has achieved what it calls a 'triple milestone' in the region: Rs 50,000 crore in AUM, 50 lakh investor folios, and 50 physical touchpoints in FY'25, Sikka added. 'Key cities like Kolkata, Patna and Ranchi have seen phenomenal three-year SIP growth — 170 per cent, 159 per cent, and 162 per cent, respectively — far outpacing industry averages,' Sikka said. Retail AUM in the east has grown by 29 per cent over the past three years, against the industry average of 25 per cent, with cities such as Bhubaneswar and Durgapur outpacing metros like Delhi and Mumbai in growth rates, he added. Sikka attributed the strong momentum to greater awareness, investor education and a growing shift from unorganised savings to formal investment avenues in tier-II and tier-III cities. On the product front, Nippon India is maintaining a focus on simplicity — prioritising existing offerings and SIPs over frequent new fund launches. 'We're not in a hurry to flood the market with NFOs. Our aim is long-term, sustainable investor growth,' Sikka said. PTI BSM MNB This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
India Today
27-05-2025
- Business
- India Today
Sensex slumps nearly 800 points: Why is the stock market falling today?
Equity benchmarks slipped sharply in early trade on Tuesday, erasing gains from the previous session as investors turned cautious amid global uncertainty and profit 9:29 AM, the BSE Sensex was down 752 points at 81,424, while the NSE Nifty50 dropped 209 points to 24,792. Broader market indices also faced selling pressure, with heightened volatility dragging down sentiment across the board. Banking, IT, and financial services were among the worst-hit TRIGGERED THE MARKET DROP?A surge in Covid-19 cases has reignited fears of economic disruption, prompting a risk-off mood among investors. The spike comes just as markets were attempting to consolidate after a strong run-up. While no single factor is solely responsible, the rise in infections, weak cues from Asian markets, and a round of profit booking all appear to be weighing on V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said the market may be entering a consolidation phase. 'High valuations are prompting selling on rallies, while any dip will likely be bought into, given that mutual funds are sitting on ample cash,' he noted. He added that a sustained upward move is unlikely without clear signs of a pickup in earnings growth, which is something that remains a few quarters away. However, he pointed to 'slow accumulation in rate-sensitive sectors like autos,' anticipating rate cuts as inflation continues to added that one positive trend is that Systematic Investment Plan (SIP) flows remain strong, with retail investors staying invested longer than in the past—providing a degree of underlying support to the FACTORS AT PLAYDevarsh Vakil, Head of Prime Research at HDFC Securities, pointed to losses in Chinese and Hong Kong equities as another headwind. 'Automobile shares fell on renewed price war concerns, and Apple suppliers declined amid fears of fresh US tariffs,' he home, sentiment had been buoyed in recent days by positive cues — including US President Donald Trump's decision to delay additional tariffs on the European Union and optimistic forecasts for India's monsoon season. But with those factors now priced in, markets seem to be the Nifty appears to have broken out of its recent consolidation between 24,500 and 25,000. Resistance is seen at 25,207, the 76.4% Fibonacci retracement of the drop from 26,277 to 21,743. On the downside, immediate support is expected near 24, InMust Watch
