Aditya Birla Sun Life Savings Fund - Retail Plan

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Value Research Rating

Unrated

Analyst’s Choice

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Riskometer

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Moderate

₹479.0219 0.01%

As on 01-Mar-2024

Returns

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Calculate SIP Returns of Aditya Birla Sun Life Savings Fund - Retail Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderate risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Aditya Birla Sun Life Savings Fund - Retail Plan

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Aditya Birla Sun Life Savings Fund - Retail Plan

Assets info

₹12,852 Cr

Exit Load (Days) info

--

Min. Investment (₹)

10,000

Min. Withdrawal (₹)

1,000

Min. SIP Investment (₹)

1,000

Min. No of Cheques

6

Investment Strategy

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

Suitability

"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.

The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run."

Taxation

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • 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.

FAQ for Aditya Birla Sun Life Savings Fund - Retail Plan

Aditya Birla Sun Life Savings Fund - Retail Plan is mandated to invest in bonds such that the duration of the portfolio is between three to six months.

Mutual funds can be bought directly from the website of the fund house. For instance, Aditya Birla Sun Life Savings Fund - Retail Plan fund can be purchased from the website of Aditya Birla Sun Life Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Aditya Birla Sun Life Savings Fund - Retail Plan is ₹479.0219 as of 03-Mar-2024.

The AUM of Aditya Birla Sun Life Savings Fund - Retail Plan Fund is ₹12,852 Cr as of 31-Jan-2024

The riskometer level of Aditya Birla Sun Life Savings Fund - Retail Plan is Moderate. See More

Company Percentage of Portfolio

HDFC Bank Ltd SR Z006 RR Debenture 28/10/2024

4.64

ICICI Bank Ltd CD 12/06/2024

3.03

Tata Realty and Infrastructure Ltd SR 1 RR Debenture 06/08/2026

2.79

Hindalco Industries Ltd Debenture 7.60 18/03/2024

2.72

Bharti Telecom Ltd SR XI Debenture 21/11/2025

2.53
See More

As of 31-Jan-2024, Aditya Birla Sun Life Savings Fund - Retail Plan had invested 91.85% in Debt and 8.15% in Cash & Cash Eq. See More

Aditya Birla Sun Life Savings Fund - Retail Plan is 22 years 3 months old. It has delivered 7.29% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.37%
5.56%
6.22%
6.58%
7.35%
7.29%

No, There is no lock in period in Aditya Birla Sun Life Savings Fund - Retail Plan.

The expense ratio of Aditya Birla Sun Life Savings Fund - Retail Plan is 0.24.

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