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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 3.63 0.01 0.06 0.36 0.79 1.96 3.93 6.61 6.77 7.50 8.09
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 3.53 3.99 4.48
Debt: Ultra Short Duration 3.24 0.01 0.06 0.29 0.83 1.84 3.48 5.32 5.51 6.29 7.42

As on 03-Dec-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 3.93 6.61 6.77 0.24% 17,500
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 3.93 6.61 6.77 0.48% 17,500
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.56 6.06 -- 0.64% 16,432
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 3.19 5.76 6.19 0.77% 13,153
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 3.39 5.87 6.38 0.49% 11,569

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 6.44 0.87 3.06 6.67 1.10 3.33
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Ultra Short Duration 5.22 1.35 1.71 4.14 1.06 2.08

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 163 168 147 41
Modified Duration (yrs) 0.56 0.56 0.45 --
Average Maturity (yrs) 0.58 0.59 0.50 --
Yield to Maturity (%) 4.46 4.46 3.76 --
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 Reliance Industries 91-D 07/12/2021 Commercial Paper A1+ 0.00 - 5.12 5.12
down 8.79% GOI 2021 Central Government Loan SOV 0.18 - 13.75 4.41
down 8.30% Reliance Industries 2022 Debenture AAA 0.92 - 4.05 3.94
equal 8.83% GOI 25/11/2023 Central Government Loan SOV 1.33 - 3.60 3.60
equal LIC Housing Fin. 171-D 20/12/2021 Commercial Paper A1+ 0.00 - 3.18 3.18
equal Indusind Bank 30/12/2021 Certificate of Deposit A1+ 0.00 - 2.84 2.84
equal Tata Steel 149-D 11/02/2022 Commercial Paper A1+ 0.00 - 2.26 2.26
equal Panatone Finvest 277-D 11/02/2022 Commercial Paper A1+ 0.00 - 2.26 2.26
down 6.90% REC 30/06/2022 Debenture AAA 1.74 - 2.19 1.92
equal IDFC First Bank 20/12/2021 Certificate of Deposit A1+ 0.00 - 1.71 1.71
equal Can Fin Homes 361-D 27/09/2022 Commercial Paper A1+ 0.00 - 1.64 1.64
equal Shriram Transport Finance Company 16/06/2023 Non Convertible Debenture AA+ 0.00 - 1.58 1.58
new Tata Motors 342-D 30/03/2022 Commercial Paper A1+ 0.00 - 1.55 1.55
equal IDFC First Bank 2022 Certificate of Deposit A1+ 0.00 - 1.41 1.41
equal 8.21% Haryana State 31/03/2023 State Development Loan SOV 0.00 - 1.38 1.38
equal 9.50% Muthoot Finance 2022 Debenture AA+ 0.00 - 1.50 1.35
equal 8.24% Gujarat State 25/04/2023 State Development Loan SOV 0.00 - 1.26 1.26
down 6.32% REC 31/12/2021 Debenture AAA 1.23 - 1.99 1.23
equal 10.02% Cholamandalam Investment & Finance Company 28/11/2021 Debenture AA+ 0.00 - 1.38 1.23
equal 8.18% Haryana State 15/06/2022 State Development Loan SOV 1.11 - 1.36 1.23
equal 8.48% Karnataka State 17/10/2022 State Development Loan SOV 1.08 - 1.32 1.19
equal 6.60% REC 21/03/2022 Debenture AAA 0.00 - 1.15 1.15
equal 4.85% Bajaj Housing Finance 2022 Debenture AAA 1.02 - 1.24 1.14
equal SIDBI 90-D 28/12/2021 Commercial Paper A1+ 0.00 - 1.14 1.14
equal The Federal Bank 2022 Certificate of Deposit A1+ 0.00 - 1.13 1.13

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 31-Oct-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:


0.01%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 420.2890

IDCW Weekly: ₹ 100.6660

More

IDCW Daily: ₹ 100.4756

Discipline Advantage Plan: ₹ 250.8015


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: 7.43%
Benchmark: CRISIL Ultra Short Term Debt Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 17,500 Cr (As on 31-Oct-2021)
Expense: 0.24% (As on 28-Feb-2017)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-Dec-20210.0063

 02-Dec-20210.0156
 01-Dec-20210.0054
 30-Nov-20210.0061
 29-Nov-20210.0229
 26-Nov-20210.0145
 25-Nov-20210.0113
 24-Nov-20210.0021
 23-Nov-20210.0123
 22-Nov-20210.0445
 18-Nov-20210.0254
 17-Nov-20210.0029
 16-Nov-20210.0094
 15-Nov-20210.0347
 12-Nov-20210.0185
 10-Nov-20210.0170
 09-Nov-20210.0257
 08-Nov-20210.0832
 03-Nov-20210.0199
 02-Nov-20210.0083
 01-Nov-20210.0235
 28-Oct-20210.0035
 25-Oct-20210.0194
 22-Oct-20210.0078
 21-Oct-20210.0103
IDCW Weekly03-Dec-20210.0564

 26-Nov-20210.0400
 22-Nov-20210.1171
 12-Nov-20210.0609
 08-Nov-20210.1354
 29-Oct-20210.0055
 22-Oct-20210.0201
 18-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
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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