Aditya Birla Sun Life raises Rs 1,574 crore via multi asset NFO

Commenting on the success, A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said, “Market volatility can be a challenge for investors; however, Aditya Birla Sun Life Multi Asset. Allocation Fund is the way forward for investing and provides a stable investment solution. The fund's portfolio construction is unique and has a high focus on quality and growth-oriented companies that have high RoEs, low leverage, and generate cash from operations. It’s an all-in-one fund that invests in fixed income, gold and silver along with equity.”

Equity portion of portfolio will follow flexi cap approach with large cap bias and can invest across sectors/themes. Fixed income portfolio will largely use accrual strategy

 Investment approach – equity (65-80 percent), fixed income (10-25 percent), commodities (10-25 percent)

Equity – potential to create wealth in the long term

Fixed income – seeks to bring stability to the portfolio

Gold/Silver – acts as hedge against uncertainty/inflation