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Unrated

Aditya Birla Sun Life Savings Fund - Retail Plan


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Suitability:

Ultra Short Duration debt funds invest in bonds maturing in three to six months. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up a year in a Liquid fund.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 6.18 0.01 0.07 0.56 1.48 4.39 7.32 7.70 8.00 8.40 8.60
CCIL T Bill Liquidity Weight 2.75 0.00 0.04 0.27 0.60 1.26 3.28 3.94 4.14 4.58 4.76
Debt: Ultra Short Duration 4.53 0.01 0.06 0.41 1.05 2.78 5.58 5.99 6.55 7.25 7.97

As on 28-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Savings Fund - Retail Plan  | Invest Online
Unrated
Nov-01 7.32 7.70 8.00 0.24 14,532
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 7.31 7.70 8.00 0.48 14,532
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 6.69 -- -- 0.64 11,967
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 6.22 7.09 7.31 0.77 11,072
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 6.33 7.41 7.34 0.49 10,122

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.48 (24-Mar-2020 - 31-Mar-2020) -0.87 (17-Mar-2020 - 24-Mar-2020)
Month 2.00 (24-Mar-2020 - 23-Apr-2020) -1.00 (25-Feb-2020 - 26-Mar-2020)
Quarter 3.85 (24-Mar-2020 - 24-Jun-2020) 0.13 (24-Dec-2019 - 24-Mar-2020)
Year 10.54 (24-Jul-2013 - 24-Jul-2014) 3.75 (12-Nov-2003 - 11-Nov-2004)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.47 0.78 3.08 6.38 0.58 3.08
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Ultra Short Duration 6.01 1.57 1.68 3.32 1.07 2.18

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 156 166 120 35
Modified Duration (yrs) 0.49 0.65 0.31 0.37
Average Maturity (yrs) 0.55 0.74 0.35 0.45
Yield to Maturity (%) 4.51 6.66 4.51 4.54
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal HDFC 317-D 10/03/2021 Commercial Paper A1+ 0.00 - 4.10 3.98
down Reliance Industries 263-D 05/03/2021 Commercial Paper A1+ 0.00 - 5.96 3.22
equal 8.65% M&M Financial Services 19/03/2021 Debenture AAA 0.00 - 3.12 3.12
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 3.17 2.61
equal 8.97% Shriram Transport Finance 15/03/2021 Debenture AA+ 0.00 - 3.06 2.55
new Reliance Industries 170-D 26/02/2021 Commercial Paper A1+ 0.00 - 2.54 2.54
equal Indusind Bank 24/02/2021 Certificate of Deposit A1+ 0.00 - 2.84 2.37
equal 6.90% REC 30/06/2022 Debenture AAA 0.00 - 3.00 2.28
equal 8.70% HDFC 15/12/2020 Debenture AAA 0.00 - 2.31 2.03
equal Reliance Retail Ventures 200-D 15/03/2021 Commercial Paper A1+ 0.00 - 2.03 2.03
equal 6.32% REC 31/12/2021 Debenture AAA 0.00 - 4.43 1.86
equal 6.81% Maharashtra State 2020 State Development Loan SOV 0.00 - 2.22 1.79
new IDFC First Bank 24/12/2020 Certificate of Deposit A1+ 0.00 - 1.71 1.71
equal Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 2.03 1.69
equal 9.50% Muthoot Finance 2022 Debenture AA 0.00 - 2.01 1.66
new Reserve Bank of India 182-D 17/12/2020 Treasury Bills SOV 0.00 - 1.61 1.61
equal 6.95% Reliance Industries 14/12/2020 Debenture AAA 0.00 - 1.98 1.60
equal 7.24% REC 21/10/2021 Debenture AAA 0.00 - 2.04 1.59
equal HDFC 363-D 13/01/2021 Commercial Paper A1+ 0.00 - 1.53 1.53
equal 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 3.83 1.53
equal 8.18% Haryana State 15/06/2022 State Development Loan SOV 0.00 - 1.58 1.52
up 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 2.45 1.44
equal 8.15% REC 18/01/2021 Bonds/Debentures AAA 0.64 - 1.74 1.41
equal L&T Infrastructre Finance 364-D 08/02/2021 Commercial Paper A1+ 0.00 - 1.64 1.36
equal Cholamandalam Invest. & Fin. 261-D 26/02/2021 Commercial Paper A1+ 0.00 - 1.64 1.35

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Kaustubh Gupta since 15-Jul-2011

Education: Mr. Gupta is a B.Com and a Chartered Accountant.

Experience: Prior to joining Birla Sun Life AMC he has worked with ICICI Bank.

Funds Managed:

— Sunaina da Cunha since 20-Jun-2014

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.

Funds Managed:


0.01%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 402.3823

Dividend Weekly: ₹ 100.8009

More

Dividend Daily: ₹ 100.6714

Discipline Advantage Plan: ₹ 240.1804


Investment Strategy

The scheme aims to generate regular income from a portfolio of debt and money market instruments, cash and cash equivalents.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 27-Nov-2001
Return Since Launch: 7.63%
Benchmark: CRISIL Ultra ST Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 14,532 Cr (As on 30-Sep-2020)
Expense: 0.24% (As on 28-Feb-2017)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily27-Oct-20200.0112

 26-Oct-20200.0176
 23-Oct-20200.0326
 22-Oct-20200.0070
 21-Oct-20200.0033
 20-Oct-20200.0063
 19-Oct-20200.0382
 16-Oct-20200.0482
 15-Oct-20200.0161
 14-Oct-20200.0219
 13-Oct-20200.0185
 12-Oct-20200.0244
 09-Oct-20200.0351
 08-Oct-20200.0667
 07-Oct-20200.0204
 06-Oct-20200.0306
 05-Oct-20200.0392
 01-Oct-20200.0695
 30-Sep-20200.0222
 29-Sep-20200.0307
 28-Sep-20200.0051
 25-Sep-20200.0408
 24-Sep-20200.0124
 23-Sep-20200.0155
 22-Sep-20200.0067
Dividend Weekly23-Oct-20200.1032

 16-Oct-20200.1161
 09-Oct-20200.1572
 05-Oct-20200.1697
 25-Sep-20200.0974
 18-Sep-20200.0957
 11-Sep-20200.0166
 04-Sep-20200.1830
 28-Aug-20200.0342
 21-Aug-20200.1288
 14-Aug-20200.1448
 07-Aug-20200.0851
 31-Jul-20200.0956
 24-Jul-20200.0614
 17-Jul-20200.1092
 10-Jul-20200.1436
 03-Jul-20200.1268
 26-Jun-20200.1116
 19-Jun-20200.2928
 12-Jun-20200.1935
 05-Jun-20200.0888
 29-May-20200.1255
 22-May-20200.1801
 15-May-20200.2616
 08-May-20200.2442
Dividend Fortnightly11-Feb-20110.0307

 28-Jan-20110.0284
 14-Jan-20110.0330
 28-Dec-20100.0249
 14-Dec-20100.0231
 29-Nov-20100.0246
 15-Nov-20100.0319
 28-Oct-20100.0231
 14-Oct-20100.0246
 28-Sep-20100.0215
 14-Sep-20100.0192
 30-Aug-20100.0144
 16-Aug-20100.0204
 28-Jul-20100.0166
 14-Jul-20100.0190
 28-Jun-20100.0134
 14-Jun-20100.0173
 28-May-20100.0139
 14-May-20100.0173
 28-Apr-20100.0136
 15-Apr-20100.0189
 29-Mar-20100.0123
 15-Mar-20100.0103
 02-Mar-20100.0120
 15-Feb-20100.0141
Dividend Monthly11-Feb-20110.0307

 28-Jan-20110.0503
 31-Dec-20100.0529
 26-Nov-20100.0446
 29-Oct-20100.0508
 24-Sep-20100.0351
 27-Aug-20100.0298
 30-Jul-20100.0368
 25-Jun-20100.0276
 28-May-20100.0260
 30-Apr-20100.0350
 26-Mar-20100.0226
 26-Feb-20100.0227
 29-Jan-20100.0269
 29-Dec-20090.0237
 27-Nov-20090.0242
 30-Oct-20090.0317
 25-Sep-20090.0240
 28-Aug-20090.0248
 31-Jul-20090.0361
 26-Jun-20090.0283
 29-May-20090.0385
 24-Apr-20090.0293
 30-Mar-20090.0414
 27-Feb-20090.0414

Contact Information

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

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.com

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

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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