One of India’s leading asset management companies, ABSL offers clients a wide range of investment solutions and has had a strong presence in retail and institutional segments for over 28 years.
ABSL AMC is a wholly owned subsidiary of Aditya Birla Capital Limited, which Aditya Birla Group, a large conglomerate with a diverse portfolio of businesses, backs.
The Aditya Birla Group is one of India’s leading business houses, with a strong presence across various sectors in India and around the world. ABSL AMC benefits from the financial strength and stability of Aditya Birla Capital Limited and the Aditya Birla Group.
Aditya Birla Sun Life Focused Equity Fund
Investment Objective
The scheme’s investment objective is to achieve long-term capital appreciation by investing in up to 30 companies with a long-term sustainable competitive advantage and growth potential.
Investment Process
- The scheme would adopt top-down and bottom-up investing approaches and aim to diversify across various industries.
- The scheme’s investment emphasis would be investing in a maximum of 30 companies with sound corporate management and prospects of good future growth.
- The fund’s focus shall be biased toward large-cap companies driven by long-term fundamentals though not limited to it.
Portfolio Composition
The portfolio holds roughly 96% equity, of which the significant sectoral exposure is to Financials, which account for roughly 36%. The top five sectors hold more than 70% of the portfolio.
Source: ABSL MF
Aditya Birla Scholarship
Top 5 Sector Holdings for ABSL Focused Equity Fund
| Name | Weightage % |
| ICICI Bank | 9.79 |
| HDFC | 9.07 |
| Infosys | 7.05 |
| Reliance | 6.13 |
| L&T | 5.64 |
Source: ABSL MF
Performance for ABSL Focused Equity Fund
Given below is the return over time.
| CAGR of this fund | CAGR of S&P BSE 100 TRI | |
| 1 Year | 14.90 | 17.69 |
| 3 Years | 25.01 | 28.05 |
| 5 Years | 11.27 | 12.46 |
| 7 Years | 13.25 | 14.50 |
| 10 Years | 14.66 | 13.30 |
Source: Valueresearch
Fund Manager
- Kunal Sangoi is a Fund Manager and Senior Analyst with Aditya Birla Sun Life AMC Limited. Kunal comes with an experience of 16 years in capital markets in the areas of equity research and portfolio management. He specializes in the Technology, Internet, Media, and Telecom sectors and has been with ABSLAMC since 2012, and was previously associated with Edelweiss Financial Services Ltd. in its Institutional Equity Research team as Senior Analyst. Kunal is a Chartered Accountant by qualification.
- Dhaval Joshi has an overall experience of 15 years in equity research and investments. Before joining Aditya Birla Sun Life AMC Limited, he was associated with Sundaram Mutual Fund (India) Ltd. for around five years. He has also worked as a research analyst with Emkay Global Financial Services and Asit C Mehta Investment Intermediates Ltd.
Who should invest in this Fund?
Investors looking to generate wealth over the long term can consider this fund. Investors who seek exposure to a broader large market capitalization stock and want to invest in equity and equity-related securities to form a concentrated portfolio.
Why invest in this Fund?
- This high-risk, high-return strategy can earn significant returns.
- It can help investors beat rising prices over the long term.
Time Horizon
- One should look at investing for at least three years or even more.
- Investment through Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.
Conclusion
Aditya Birla Sun Life Focused Equity Fund focuses its investment in up to 30 stocks of the top 100 companies in terms of market capitalization.
These large, well-established companies have the potential to provide stability in times of market volatility and have proven business models that have the potential for significant growth in the long run.
Thus, it is a suitable investment option for investors with a long-term investment horizon, a moderate to high-risk appetite, and looking to potentially invest in large-cap stocks to generate capital appreciation.
Disclaimer:
This is not recommendation advice. All information in this blog is for educational purposes only.
