1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.
Taxability of earnings:
|Debt: Medium Duration||-0.09||0.03||0.07||0.09||1.40||3.10||6.67||6.26||7.13||7.83||7.78|
|Rank within category||1||21||5||1||1||2||13||12||12||8||4|
|Number of funds in category||22||22||22||22||21||18||18||14||14||9||7|
As on 25-Jan-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Aditya Birla Sun Life Medium Term Plan | Invest Online||Mar-09||8.19||2.95||5.30||1.61||1,893|
|SBI Magnum Medium Duration Fund | Invest Online||Nov-03||11.22||9.62||9.99||1.26||6,887|
|ICICI Prudential Medium Term Bond Fund | Invest Now||Sep-04||9.60||8.12||8.18||1.71||6,207|
|IDFC Bond Fund Medium Term Plan - Regular Plan||Jul-03||9.66||8.54||8.05||1.44||4,228|
|HDFC Medium Term Debt Fund | Invest Online||Feb-02||9.10||8.14||8.25||1.34||2,619|
|Best (Period)||Worst (Period)|
|Week||4.66 (24-Jun-2020 - 01-Jul-2020)||-7.31 (18-Nov-2019 - 25-Nov-2019)|
|Month||6.41 (10-Jun-2020 - 10-Jul-2020)||-6.84 (25-Oct-2019 - 25-Nov-2019)|
|Quarter||9.22 (29-Apr-2020 - 29-Jul-2020)||-8.72 (19-Sep-2019 - 19-Dec-2019)|
|Year||13.09 (28-Aug-2013 - 28-Aug-2014)||-9.37 (30-Apr-2019 - 29-Apr-2020)|
|Debt: Medium Duration||5.38||4.57||0.58||1.08||0.58||-0.73|
|Rank within category||12||13||11||12||3||13|
|Number of funds in category||15||15||15||15||15||15|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||88||127||87||37|
|Modified Duration (yrs)||3.56||3.87||2.95||3.15|
|Average Maturity (yrs)||4.87||5.57||3.87||3.86|
|Yield to Maturity (%)||7.32||16.16||7.32||6.14|
|Avg Credit Rating||AA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|5.77% GOI 2030||GOI Securities||SOV||0.00 - 8.64||8.64|
|9.25% Shriram City Union Finance 28/02/2023||Debenture||AA||0.00 - 6.36||6.36|
|8.50% L&T Infrastructre Finance 17/02/2023||Debenture||AAA||0.00 - 6.09||6.09|
|8.97% Shriram Transport Finance 15/03/2021||Debenture||AA+||0.00 - 5.29||5.29|
|7.55% REC 2030||Debenture||AAA||0.00 - 4.95||4.95|
|9.75% Uttar Pradesh Power Corporation 20/10/2022||Debenture||AA-||2.01 - 4.94||4.94|
|9.75% Uttar Pradesh Power Corporation 18/10/2024||Debenture||AA-||1.98 - 4.79||4.79|
|5.53% LIC Housing Fin. 20/12/2024||Debenture||AAA||0.00 - 2.90||2.90|
|8.15% GOI 24/11/2026||Central Government Loan||SOV||0.00 - 2.69||2.69|
|6.79% GOI 15/05/2027||GOI Securities||SOV||0.00 - 2.53||2.53|
|5.75% Bharat Oman Refineries 15/12/2023||Debenture||AA+||0.00 - 2.12||2.12|
|4.85% Bajaj Housing Finance 2022||Debenture||AAA||0.00 - 2.12||2.12|
|Indusind Bank 28/03/2024||Non Convertible Debenture||AA||0.88 - 1.99||1.99|
|7.73% State Bank of India||Debenture||AA+||0.00 - 1.90||1.90|
|7.57% GOI 17/06/2033||GOI Securities||SOV||0.05 - 2.41||1.88|
|6.19% GOI 16/09/2034||GOI Securities||SOV||0.00 - 2.15||1.64|
|8.44% Indian Bank||Debenture||AA||0.00 - 1.53||1.53|
|10.32% Andhra Pradesh Capital Region Development Authority 16/08/2025||Debenture||A+||0.59 - 1.48||1.48|
|7.64% Food Corporation of India 2029||Debenture||AAA||0.00 - 1.41||1.41|
|7.79% Power Finance Corp. 22/07/2030||Non Convertible Debenture||AAA||0.00 - 1.40||1.40|
|9.10% India Grid Trust 2022||Debenture||AAA||0.88 - 2.05||1.37|
|7.40% MRPL 2030||Debenture||AAA||0.00 - 2.55||1.37|
|8.94% Power Finance Corp. 25/03/2028||Bonds||AAA||0.46 - 1.19||1.19|
|10.32% Andhra Pradesh Capital Region Development Authority 16/08/2024||Debenture||A+||0.45 - 1.12||1.12|
|7.68% Power Finance Corp. 15/07/2030||Non Convertible Debenture||AAA||0.00 - 2.42||1.12|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
Education: Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).
Experience: He has around 10 years of experience of which 7 years is in financial markets. He joined Birla Sun AMC in October 2015. Prior to joining Birla AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).
Education: Ms. Cunha is a B.Com (H) and MBA from FMS, Delhi.
Experience: Prior to joining Birla Sun Life Asset Management Company, she has worked with Aditya Birla Management Corporation Ltd.
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The Scheme seeks to generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium term maturity.
|Minimum Investment (₹)||1,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||1,000|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||1|
|Minimum Balance (₹)||500|
|Exit Load||For units in excess of 15% of the investment,2% will be charged for redemption within 365 days
For units in excess of 15% of the investment,1% will be charged for redemption between 366 - 730 days
|Fund House:||Aditya Birla Sun Life Mutual Fund|
|Return Since Launch:||7.54%|
|Benchmark:||CRISIL Medium Term Debt TRI|
|Assets:||₹ 1,893 Cr (As on 31-Dec-2020)|
|Expense:||1.61% (As on 31-Dec-2020)|
|Return Grade:||Below Average|
|Plan||Record Date||Dividend (₹ / Unit)|
|Dividend Half Yearly||16-Sep-2019||0.3022|
AMC: Aditya Birla Sun Life AMC Ltd.
Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013
Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Email: [email protected]