Objective
ABSL Flexicap fund investment objective is to generate long term capital appreciation by investing in equity & equity related instruments across market cap (large, mid & small) companies.
The scheme follows top down and bottom up approach in stock picking. Fund manager will select the stocks on the basis of strong fundamentals to exploit long term opportunities. However, if he feels that short term opportunities is there that is good for the portfolio than he will add that stock too.
Asset Allocation Pattern
| Instruments | Risk Profile | Normal Allocation |
|---|---|---|
|
Equity & Equity related instruments (across large, mid and small cap companies) |
High |
65% - 100%
|
|
Debt & Money Market Instruments |
Medium to Low |
0% - 35% |
Note:
- The Scheme may also invest upto 35% of its net assets in foreign securities in case fund manager feel good for portfolio .
- The Scheme also hedge the portfolio using derivative instruments as may be introduced from time to time subject to framework specified by the SEBI.
- The cumulative gross exposure to equity, equity related instruments, debt, money market instruments and derivative position cannot exceed 100% of the net assets of the Scheme.
- The Scheme has flexibility to invest in any debt and money markets as permitted by SEBI / RBI from time to time.
Fund Manager's Profile
Mr. Anil Shah is a Senior Fund Manager at Aditya Birla Sun Life Asset Management Company Limited . He has three decades of experience in Indian equity markets. He has worked 15 years with RBS Equities (India) Limited for around 15 years.He is a qualified Chartered Accountant and Cost Accountant.
Mr. Vinod Bhat ia a Fund Manager and comes with an experience of 18 years including 12 years in the financial markets. He is a CFA and done MBA in Finance from Warton University of Pennysylvania. He has completed Bachelor degree in B.Tech Mechanical Engineering from IIT Bombay. He has worked with Ocean Park Advisors (USA) and Credit Suisse.
He looks after overseas investment in ABSL Flexi cap fund.
Scheme Performance
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ABSL Flexi cap fund has launched on 27th Aug 1998 and managing Rs. 12,830 crore as on 18th March 2021. Now let’s explore the Systematic Investment Plan (SIP) performance of the scheme in order to find out how much fund has generated the return? This will give us a fair idea of whether the scheme is worth investing and will able to achieve our financial planning goals or not through systematic Investment Plan (SIP).
We will take an example of Rs 10000 SIP per month investment to find out the return both in percentage and money Value. First lets evaluate the SIP performance based upon percentage.
SIP Performance Based Upon Percentage
Now lets evaluate the SIP performance based upon money value.
SIP Performance Based Upon Percentage
Scheme Portfolio
Company Wise Asset Alocation
- ICICI Bank: 9.53%
- HDFC Bank: 8.26%
- Infosys: 6.95%
- Bharti Airtel: 5.43%
- Dr. Reddy’s lab: 5.33%
- HCL Technologies: 3.56%
- Sun Pharmaceuticals: 3.17%
- Bajaj Finance: 2.62%
- Kotak Mahindra Bank: 2.5%
Sector Wise Asset Alocation
- Financial : 31.73%
- Technology: 12.69%
- Healthcare: 11.94%
- Metals: 5.68%
- Communication: 5.43%
- FMCG: 5.07%
- Energy: 3.99%
- Chemicals: 3.88%
- Engineering: 3.06% and others 16.53%.
Conclusion
The scheme has proved to be wealth creator for the investors and great tool for financial planning. In order to help you in investing in this scheme easily, we have provided you a link below.
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