ABSL FMP UB 1224 Day Direct Growth: NAV Today, Performance Review and Should You Invest?

ABSL FMP UB 1224 Day Direct Growth is a fixed maturity, close ended debt scheme that was open for subscription only during its New Fund Offer window and is not available for fresh purchase now, offered by Aditya Birla Sun Life Mutual Fund. This review covers the latest NAV, historical returns, plan details and whether it fits your investment goals as an existing debt scheme.

The scheme carries ISIN INF209KB18P7 and is classified under Income. Read on for a full breakdown of ABSL FMP UB 1224 Day Direct Growth NAV history and returns before you decide how it fits your portfolio.

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About ABSL FMP UB 1224 Day Direct Growth

ABSL FMP UB 1224 Day Direct Growth is offered by Aditya Birla Sun Life Mutual Fund and was first launched on 20-12-2022, giving it a track record of about 3.3 years. The scheme falls under the Income category as classified by AMFI.

This particular scheme code represents a Direct Plan, which is bought straight from the fund house without a distributor, so it usually carries a lower expense ratio than the Regular Plan of the same scheme, structured under the Growth option, where profits are reinvested in the scheme and reflected in a rising NAV instead of being paid out. Investors evaluating ABSL FMP UB 1224 Day Direct Growth should confirm they are selecting the correct plan and option combination that matches their needs before investing.

Aditya Birla Sun Life Mutual Fund is registered with SEBI and, like every other fund house, reports scheme performance and portfolio holdings to AMFI on a regular basis. Every mutual fund scheme in India, regardless of the AMC that manages it, is governed by SEBI Mutual Fund Regulations, which set rules around disclosure, expense ratios and investor protection that fund houses must follow.

ABSL FMP UB 1224 Day Direct Growth NAV and Performance

As on 22-04-2026, ABSL FMP UB 1224 Day Direct Growth NAV stands at Rs 12.5810. The table below summarises its performance across available time periods, calculated using official historical NAV data.

Metric	Value
Current NAV	Rs 12.5810 (as on 22-04-2026)
1 Year Return	+6.01%
3 Year CAGR	+6.96%
Since Inception Cagr	+7.12%
Inception Date	20-12-2022
Category	Debt (Low to Moderate Risk)

ABSL FMP UB 1224 Day Direct Growth returns shown above are point to point and computed from official historical NAV data. Returns for periods below 1 year are absolute, while 1 year and above are shown as CAGR (compounded annual growth rate).

ABSL FMP UB 1224 Day Direct Growth: Plan and Option Explained

ABSL FMP UB 1224 Day Direct Growth is structured as a Direct Plan. In India, every open ended mutual fund scheme typically offers both a Direct Plan and a Regular Plan. The Direct Plan is bought straight from the AMC without a distributor and carries a lower expense ratio, while the Regular Plan of the same underlying portfolio is bought through a distributor and carries a marginally higher expense ratio that compensates the distributor.

On the option side, ABSL FMP UB 1224 Day Direct Growth uses the Growth option, where profits are reinvested in the scheme and reflected in a rising NAV instead of being paid out. Investors who want compounding without receiving cash payouts typically prefer Growth, while those who want periodic cash flow may prefer an IDCW or Dividend option, keeping in mind that payouts reduce the NAV to that extent.

Should You Invest in ABSL FMP UB 1224 Day Direct Growth?

ABSL FMP UB 1224 Day Direct Growth is not open for fresh investment since it is a close ended scheme whose subscription window has already closed. The question for ABSL FMP UB 1224 Day Direct Growth is not whether to invest today but whether existing unit holders should continue holding until maturity. Since the underlying portfolio is largely fixed at launch, the return outcome for ABSL FMP UB 1224 Day Direct Growth depends mainly on the credit quality and structure of the debt instruments the scheme holds.

This scheme suits investors who already hold units and want to track NAV movement until maturity, not fresh investors looking to start a new investment.

Compare ABSL FMP UB 1224 Day Direct Growth Against Other Debt Funds on the Univest Screener

How to Invest in ABSL FMP UB 1224 Day Direct Growth via Univest

Since ABSL FMP UB 1224 Day Direct Growth is closed to new investment, you cannot start a fresh SIP or lumpsum purchase in this specific scheme. Existing unit holders can track ABSL FMP UB 1224 Day Direct Growth NAV and overall portfolio performance through the Univest app.

Log in to your Univest account, add ABSL FMP UB 1224 Day Direct Growth to your portfolio tracker using the folio or ISIN details from your account statement, and monitor NAV updates until the scheme matures.

Download the Univest iOS App or Univest Android App to track ABSL FMP UB 1224 Day Direct Growth NAV live and manage your mutual fund portfolio.

Risks of Investing in ABSL FMP UB 1224 Day Direct Growth

• The scheme is closed to new investment, so units can only be exited on the stock exchange (if listed) or held to maturity.
• Returns depend on the credit quality and duration of the underlying debt papers held till maturity.
• Liquidity before maturity can be limited compared to open ended debt funds.

These risks apply broadly to the Debt category that ABSL FMP UB 1224 Day Direct Growth belongs to. Always read the Scheme Information Document (SID) of this scheme for the complete, fund specific risk factors before investing.

Conclusion

ABSL FMP UB 1224 Day Direct Growth is a fixed maturity, close ended debt scheme that was open for subscription only during its New Fund Offer window and is not available for fresh purchase now. With a current NAV of Rs 12.5810 and a since inception CAGR of +7.12%, it has a track record investors can evaluate against their own goals. As with any debt investment, review the latest factsheet, expense ratio and exit load and consult your financial advisor to check suitability before investing. This article is for informational purposes as per SEBI RA INH000013776.

FAQs on ABSL FMP UB 1224 Day Direct Growth

What is the current NAV of ABSL FMP UB 1224 Day Direct Growth?

Ans. Its latest available NAV is Rs 12.5810 as on 22-04-2026. NAV changes every business day based on the value of the securities the scheme holds.

What are the returns of ABSL FMP UB 1224 Day Direct Growth?

Ans. It has delivered a 1 year return of +6.01%, a 3 year CAGR of +6.96%. Past returns do not guarantee future performance.

Can I invest in ABSL FMP UB 1224 Day Direct Growth right now?

Ans. No. It is a close ended scheme and its subscription window closed after the New Fund Offer. Existing unit holders can track NAV until maturity or exit through the stock exchange if the scheme is listed there.

Is ABSL FMP UB 1224 Day Direct Growth a Direct Plan or a Regular Plan?

Ans. This specific scheme is the Direct Plan. a Direct Plan, which is bought straight from the fund house without a distributor, so it usually carries a lower expense ratio than the Regular Plan of the same scheme.

What is the Growth option in ABSL FMP UB 1224 Day Direct Growth?

Ans. It is structured under the Growth option, where profits are reinvested in the scheme and reflected in a rising NAV instead of being paid out.

What category does ABSL FMP UB 1224 Day Direct Growth belong to and how risky is it?

Ans. It falls under the Debt category and is classified as Low to Moderate Risk. This scheme suits investors who already hold units and want to track NAV movement until maturity, not fresh investors looking to start a new investment.

How can I check ABSL FMP UB 1224 Day Direct Growth live on Univest?

Ans. You can track its NAV, category peers and other mutual fund and stock data through the Univest Screener and app after logging in to your Univest account.

Who manages ABSL FMP UB 1224 Day Direct Growth?

Ans. It is managed by Aditya Birla Sun Life Mutual Fund as per the fund house’s official scheme disclosures. Fund manager names can change over time, so investors should check the latest factsheet on the AMC website for the current manager.