ABSL Income (Discipline Advantage Plan): NAV Today, Performance Review and Should You Invest?

ABSL Income (Discipline Advantage Plan) is an open ended debt scheme, offered by Aditya Birla Sun Life Mutual Fund. This review covers the latest NAV, historical returns, scheme details and whether it fits your investment goals as an open ended debt scheme.

The scheme carries ISIN INF209K01LD8 and is classified under Debt Scheme – Medium to Long Duration Fund. Read on for a full breakdown of ABSL Income (Discipline Advantage Plan) NAV history and returns before you decide how it fits your portfolio.

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About ABSL Income (Discipline Advantage Plan)

ABSL Income (Discipline Advantage Plan) is offered by Aditya Birla Sun Life Mutual Fund and was first launched on 18-03-2009, giving it a track record of about 15.5 years. The scheme falls under the Debt Scheme – Medium to Long Duration Fund category as classified by AMFI.

This particular scheme code represents a single plan scheme, structured under its only available option. Investors evaluating ABSL Income (Discipline Advantage Plan) 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 Income (Discipline Advantage Plan) NAV and Performance

As on 20-09-2024, ABSL Income (Discipline Advantage Plan) NAV stands at Rs 30.0154. The table below summarises its performance across available time periods, calculated using official historical NAV data.

Metric	Value
Current NAV	Rs 30.0154 (as on 20-09-2024)
1 Year Return	+8.40%
3 Year CAGR	+5.44%
5 Year CAGR	+6.82%
Since Inception Cagr	+7.33%
Inception Date	18-03-2009
Category	Debt (Moderate Risk)

ABSL Income (Discipline Advantage Plan) 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 Income (Discipline Advantage Plan): Plan and Option Explained

ABSL Income (Discipline Advantage Plan) is offered as a single plan scheme, without a separate Direct and Regular split for this particular listing.

On the option side, it uses its only available option. 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 Income (Discipline Advantage Plan)?

Whether ABSL Income (Discipline Advantage Plan) suits you depends on your risk appetite, time horizon and financial goal. Suited to investors whose risk appetite and investment horizon match this category. It sits in the Debt category, which is classified as Moderate Risk, so investors should size their allocation to this scheme according to how much volatility they can tolerate.

Investors considering ABSL Income (Discipline Advantage Plan) should also compare it against other schemes in the same debt category using a screener, check the expense ratio and exit load in the latest factsheet, and align the investment horizon with the recommended holding period for this category before committing fresh money.

Compare ABSL Income (Discipline Advantage Plan) Against Other Debt Funds on the Univest Screener

How to Invest in ABSL Income (Discipline Advantage Plan) via Univest

To invest in ABSL Income (Discipline Advantage Plan), log in to your Univest account and complete your KYC if you have not already done so. Search for it by scheme name or AMC within the mutual fund section.

Decide between a lumpsum investment or a monthly SIP based on your cash flow, enter the amount, and confirm the order. You can track its NAV and returns anytime from your Univest portfolio dashboard.

Download the Univest iOS App or Univest Android App to track its NAV live and manage your mutual fund portfolio.

Risks of Investing in ABSL Income (Discipline Advantage Plan)

• Returns are not guaranteed and depend on market movement.
• Read the scheme information document to understand specific risks.
• Past performance does not guarantee future returns.

These risks apply broadly to the Debt category that ABSL Income (Discipline Advantage Plan) belongs to. Always read the Scheme Information Document (SID) of this scheme for the complete, fund specific risk factors before investing.

Conclusion

ABSL Income (Discipline Advantage Plan) is an open ended debt scheme. With a current NAV of Rs 30.0154 and a since inception CAGR of +7.33%, 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 Income (Discipline Advantage Plan)

What is the current NAV of ABSL Income (Discipline Advantage Plan)?

Ans. Its latest available NAV is Rs 30.0154 as on 20-09-2024. NAV changes every business day based on the value of the securities the scheme holds.

What are the returns of ABSL Income (Discipline Advantage Plan)?

Ans. It has delivered a 1 year return of +8.40%, a 3 year CAGR of +5.44% and a 5 year CAGR of +6.82%. Past returns do not guarantee future performance.

Can I invest in ABSL Income (Discipline Advantage Plan) right now?

Ans. Yes, it is an open ended scheme, which means investors can generally invest or redeem units on any business day at the applicable NAV, subject to any exit load mentioned in the scheme documents.

Does ABSL Income (Discipline Advantage Plan) have a Direct or Regular Plan option?

Ans. It is offered as a single plan scheme, so investors do not need to choose between Direct and Regular for this particular scheme code.

What options does ABSL Income (Discipline Advantage Plan) offer?

Ans. It is structured under its only available option.

What category does ABSL Income (Discipline Advantage Plan) belong to and how risky is it?

Ans. It falls under the Debt category and is classified as Moderate Risk. Suited to investors whose risk appetite and investment horizon match this category.

How can I check ABSL Income (Discipline Advantage Plan) 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 Income (Discipline Advantage Plan)?

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.