ABSL FMP UR 85 Day Direct IDCW Payout: NAV Today, Performance Review and Should You Invest?

ABSL FMP UR 85 Day Direct IDCW Payout 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 INF209KB16Y3 and is classified under Income. Read on for a full breakdown of ABSL FMP UR 85 Day Direct IDCW Payout NAV history and returns before you decide how it fits your portfolio.

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About ABSL FMP UR 85 Day Direct IDCW Payout

ABSL FMP UR 85 Day Direct IDCW Payout is offered by Aditya Birla Sun Life Mutual Fund and was first launched on 21-12-2023, giving it a track record of about 0.2 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 an IDCW Payout option, where declared income is paid out directly to unit holders rather than reinvested. Investors evaluating ABSL FMP UR 85 Day Direct IDCW Payout 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 UR 85 Day Direct IDCW Payout NAV and Performance

As on 13-03-2024, ABSL FMP UR 85 Day Direct IDCW Payout NAV stands at Rs 10.0000. The table below summarises its performance across available time periods, calculated using official historical NAV data.

Metric	Value
Current NAV	Rs 10.0000 (as on 13-03-2024)
Since Inception Absolute Return	-0.03%
Inception Date	21-12-2023
Category	Debt (Low to Moderate Risk)

ABSL FMP UR 85 Day Direct IDCW Payout 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 UR 85 Day Direct IDCW Payout: Plan and Option Explained

ABSL FMP UR 85 Day Direct IDCW Payout 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 UR 85 Day Direct IDCW Payout uses an IDCW Payout option, where declared income is paid out directly to unit holders rather than reinvested. 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 UR 85 Day Direct IDCW Payout?

ABSL FMP UR 85 Day Direct IDCW Payout is not open for fresh investment since it is a close ended scheme whose subscription window has already closed. The question for ABSL FMP UR 85 Day Direct IDCW Payout 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 UR 85 Day Direct IDCW Payout 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 UR 85 Day Direct IDCW Payout Against Other Debt Funds on the Univest Screener

How to Invest in ABSL FMP UR 85 Day Direct IDCW Payout via Univest

Since ABSL FMP UR 85 Day Direct IDCW Payout 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 UR 85 Day Direct IDCW Payout NAV and overall portfolio performance through the Univest app.

Log in to your Univest account, add ABSL FMP UR 85 Day Direct IDCW Payout 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 UR 85 Day Direct IDCW Payout NAV live and manage your mutual fund portfolio.

Risks of Investing in ABSL FMP UR 85 Day Direct IDCW Payout

• 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 UR 85 Day Direct IDCW Payout belongs to. Always read the Scheme Information Document (SID) of this scheme for the complete, fund specific risk factors before investing.

Conclusion

ABSL FMP UR 85 Day Direct IDCW Payout 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 10.0000 and a since inception absolute return of -0.03%, 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 UR 85 Day Direct IDCW Payout

What is the current NAV of ABSL FMP UR 85 Day Direct IDCW Payout?

Ans. Its latest available NAV is Rs 10.0000 as on 13-03-2024. NAV changes every business day based on the value of the securities the scheme holds.

What are the returns of ABSL FMP UR 85 Day Direct IDCW Payout?

Ans. It has delivered a since inception absolute return of -0.03% as it has a limited track record of about 0.2 years. Past returns do not guarantee future performance.

Can I invest in ABSL FMP UR 85 Day Direct IDCW Payout 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 UR 85 Day Direct IDCW Payout 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 IDCW Payout option in ABSL FMP UR 85 Day Direct IDCW Payout?

Ans. It is structured under an IDCW Payout option, where declared income is paid out directly to unit holders rather than reinvested.

What category does ABSL FMP UR 85 Day Direct IDCW Payout 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 UR 85 Day Direct IDCW Payout 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 UR 85 Day Direct IDCW Payout?

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.