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Unrated

Aditya Birla Sun Life Savings Fund - Retail Plan


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. 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 to a year in a Liquid fund.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.

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 3.18 0.03 0.08 0.25 0.99 2.13 4.15 6.85 6.96 7.63 8.16
CCIL T Bill Liquidity Weight* 1.62 -0.02 0.03 0.12 0.52 1.08 2.06 3.33 3.62 4.06 4.52
Debt: Ultra Short Duration* 2.86 0.02 0.07 0.33 0.94 1.93 3.59 5.55 5.65 6.40 7.50

As on 18-Oct-2021

* As on 19-Oct-2021

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 4.15 6.85 6.96 0.24% 17,747
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 4.15 6.85 6.96 0.48% 17,747
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.70 6.28 -- 0.64% 16,705
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 3.32 6.00 6.33 0.77% 12,698
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 3.47 6.12 6.48 0.49% 11,007

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 6.76 0.86 3.27 6.89 1.08 3.47
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Ultra Short Duration 5.51 1.35 1.86 4.07 1.08 2.23

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

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 156 169 147 39
Modified Duration (yrs) 0.52 0.53 0.45 0.40
Average Maturity (yrs) 0.53 0.59 0.50 0.45
Yield to Maturity (%) 4.26 4.35 3.76 4.30
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
down 8.79% GOI 2021 Central Government Loan SOV 0.18 - 13.75 5.25
new Reliance Industries 91-D 07/12/2021 Commercial Paper A1+ 0.00 - 5.04 5.04
down 8.30% Reliance Industries 2022 Debenture AAA 0.92 - 4.05 3.96
up 8.83% GOI 25/11/2023 Central Government Loan SOV 1.33 - 3.58 3.58
equal LIC Housing Fin. 171-D 20/12/2021 Commercial Paper A1+ 0.00 - 3.13 3.13
equal Tata Motors 185-D 29/10/2021 Commercial Paper A1+ 0.00 - 2.81 2.81
new Indusind Bank 30/12/2021 Certificate of Deposit A1+ 0.00 - 2.79 2.79
new Tata Steel 149-D 11/02/2022 Commercial Paper A1+ 0.00 - 2.22 2.22
equal Panatone Finvest 277-D 11/02/2022 Commercial Paper A1+ 0.00 - 2.22 2.22
down 6.90% REC 30/06/2022 Debenture AAA 1.74 - 2.19 2.04
equal 6.32% REC 31/12/2021 Debenture AAA 1.57 - 1.99 1.79
new IDFC First Bank 20/12/2021 Certificate of Deposit A1+ 0.00 - 1.68 1.68
new Can Fin Homes 361-D 27/09/2022 Commercial Paper A1+ 0.00 - 1.61 1.61
equal Shriram Transport Finance Company 16/06/2023 Non Convertible Debenture AA+ 0.00 - 1.55 1.55
equal Barclays Bank 2021 Certificate of Deposit A1+ 0.00 - 1.41 1.41
new ICICI Bank 2021 Bills Rediscounting -- 0.00 - 1.41 1.41
equal IDFC First Bank 2022 Certificate of Deposit A1+ 0.00 - 1.39 1.39
equal 8.21% Haryana State 31/03/2023 State Development Loan SOV 0.00 - 1.36 1.36
equal 9.50% Muthoot Finance 2022 Debenture AA+ 0.00 - 1.50 1.34
equal 7.24% REC 21/10/2021 Debenture AAA 1.16 - 1.43 1.27
equal 8.24% Gujarat State 25/04/2023 State Development Loan SOV 0.00 - 1.25 1.25
equal 10.02% Cholamandalam Investment & Finance Company 28/11/2021 Debenture AA+ 0.00 - 1.38 1.22
equal 8.18% Haryana State 15/06/2022 State Development Loan SOV 1.11 - 1.36 1.22
equal 8.48% Karnataka State 17/10/2022 State Development Loan SOV 1.08 - 1.33 1.18
new 6.60% REC 21/03/2022 Debenture AAA 0.00 - 1.14 1.14

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-2021

Fund Manager

— Monika Gandhi since 22-Mar-2021

Education: Ms. Gandhi is CA, CAIIB and B.Com.(Hons)

Experience: Prior to joining Aditya Birla Sun life Mutual Fund, she was a Deputy General Manager in IDBI Bank for 13 years wherein she handled project appraisal, credit evaluation and credit monitoring for Large and Mid-Corporates.

— Sunaina da Cunha since 20-Jun-2014

Education: Ms. Cunha is a B.Com (H) and MBA from FMS, Delhi.

Experience: Prior to joining Aditya Birla Sun Life Asset Management Company, she has worked with Aditya Birla Management Corporation Ltd.

Funds Managed:


0.03%

Change from previous, NAV as on 18-Oct-2021

Growth: ₹ 418.4763

IDCW Weekly: ₹ 100.6660

More

IDCW Daily: ₹ 100.4936

Discipline Advantage Plan: ₹ 249.7779


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
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 27-Nov-2001
Return Since Launch: 7.46%
Benchmark: CRISIL Ultra Short Term Debt Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 17,747 Cr (As on 30-Sep-2021)
Expense: 0.24% (As on 28-Feb-2017)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily18-Oct-20210.0260

 14-Oct-20210.0101
 13-Oct-20210.0190
 12-Oct-20210.0246
 11-Oct-20210.0421
 08-Oct-20210.0121
 07-Oct-20210.0164
 04-Oct-20210.0265
 01-Oct-20210.0152
 29-Sep-20210.0065
 27-Sep-20210.0102
 24-Sep-20210.0192
 22-Sep-20210.0127
 20-Sep-20210.0122
 17-Sep-20210.0258
 16-Sep-20210.0054
 15-Sep-20210.0076
 14-Sep-20210.0081
 13-Sep-20210.0035
 09-Sep-20210.0357
 08-Sep-20210.0066
 07-Sep-20210.0111
 06-Sep-20210.0049
 03-Sep-20210.0234
 02-Sep-20210.0110
IDCW Weekly18-Oct-20210.1221

 08-Oct-20210.0523
 01-Oct-20210.0356
 24-Sep-20210.0415
 17-Sep-20210.0247
 13-Sep-20210.0819
 03-Sep-20210.1014
 27-Aug-20210.0830
 20-Aug-20210.0971
 13-Aug-20210.1178
 06-Aug-20210.0639
 30-Jul-20210.0803
 23-Jul-20210.0905
 16-Jul-20210.1135
 09-Jul-20210.1193
 02-Jul-20210.0574
 25-Jun-20210.0802
 18-Jun-20210.0322
 11-Jun-20210.1118
 04-Jun-20210.0684
 28-May-20210.0918
 21-May-20210.0834
 14-May-20210.0722
 07-May-20210.0605
 30-Apr-20210.1340
IDCW 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
IDCW 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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