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Aditya Birla Sun Life Low Duration Fund - Direct Plan download report


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Low Duration debt funds invest in bonds maturing in six months to a year. 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 to 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
Aditya Birla SL Low Duration Direct-G 2.70 0.02 0.15 0.51 1.43 2.13 4.21 6.23 6.98 7.50 --
CCIL T Bill Liquidity Weight 1.28 0.06 0.07 0.30 0.76 1.05 2.05 2.60 3.27 3.64 --
Debt: Low Duration 2.31 0.02 0.14 0.48 1.31 1.82 4.28 5.77 5.83 6.57 --
Rank within category 1 8 5 6 2 2 3 5 1 2 --
Number of funds in category 22 22 22 22 22 22 22 22 22 21 0

As on 12-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.21 6.23 6.98 0.38 11,978
Nippon India Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.14 6.26 6.52 0.38 7,657
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 3.76 6.23 6.97 0.42 6,624
Axis Treasury Advantage Fund - Direct Plan
4 star
Jan-13 3.86 5.70 6.69 0.24 5,352
UTI Treasury Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 8.92 7.21 4.81 0.32 2,697

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.10 24-Mar-2020 - 31-Mar-2020 -1.17 12-Mar-2020 - 19-Mar-2020
Month 2.83 24-Mar-2020 - 23-Apr-2020 -1.37 25-Feb-2020 - 26-Mar-2020
Quarter 4.88 24-Mar-2020 - 24-Jun-2020 -0.11 24-Dec-2019 - 24-Mar-2020
Year 10.92 24-Jul-2013 - 24-Jul-2014 3.87 07-Jun-2021 - 07-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Aditya Birla SL Low Duration Direct-G 6.12 1.03 2.57 5.93 1.24 3.75
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Low Duration 5.71 2.12 1.67 3.72 0.70 2.85
Rank within category 5 9 1 2 13 2
Number of funds in category 22 22 22 22 22 22

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

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 146 195 127 53
Modified Duration (yrs) 0.73 0.73 0.52 0.59
Average Maturity (yrs) 1.18 1.20 0.89 0.88
Yield to Maturity (%) 6.84 6.84 4.32 6.29
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 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 3.29 3.06
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 2.52 - 3.58 2.95
up HDFC Bank 15/05/2023 Certificate of Deposit A1+ 0.00 - 2.78 2.78
equal Shriram Transport Finance Company 16/06/2023 Non Convertible Debenture AA+ 1.70 - 2.89 2.69
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.86 2.67
equal Indusind Bank 2022 Certificate of Deposit A1+ 0.00 - 2.84 2.65
equal 5.84% Bajaj Housing Finance 21/02/2024 Floating Rate Bond AAA 0.00 - 2.73 2.53
equal SIDBI 18/01/2023 Commercial Paper A1+ 0.00 - 2.17 2.03
equal JM Financial Credit Solutions 23/07/2024 Debenture AA 1.28 - 2.15 2.01
new HDFC Bank 13/04/2023 Certificate of Deposit A1+ 0.00 - 2.00 2.00
new Reserve Bank of India 364-D 06/07/2023 Treasury Bills SOV 0.00 - 1.97 1.97
down 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 1.71 - 2.65 1.96
up SIDBI 182-D 31/10/2022 Commercial Paper A1+ 0.00 - 1.85 1.85
up 8.90% State Bank of India Additional Tier 2 Bond AAA 0.00 - 1.71 1.71
equal 9.25% Shriram City Union Finance 28/05/2024 Debenture AA 1.10 - 1.82 1.69
equal SIDBI 30/05/2023 Commercial Paper A1+ 0.00 - 1.69 1.58
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.70 - 1.58 1.47
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.68 - 1.55 1.44
equal HDFC Bank 2023 Certificate of Deposit A1+ 0.00 - 1.51 1.41
equal 4.85% Bajaj Housing Finance 2022 Debenture AAA 0.92 - 1.52 1.41
equal 7.15% Tata Motors Finance 25/06/2024 Non Convertible Debenture AA- 0.52 - 1.42 1.33
new 8.80% Tamilnadu State 25/10/2022 State Development Loan SOV 0.00 - 1.30 1.30
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 1.34 1.25
equal Vedanta 182-D 23/09/2022 Commercial Paper A1+ 0.00 - 1.33 1.24
equal 7.40% Muthoot Finance 2024 Debenture AA+ 0.27 - 1.25 1.16

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-Jul-2022

Fund Manager

— Mohit Sharma since 01-Apr-2017

Education: Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).

Experience: Prior to joining Aditya Birla Sun Life 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).

Funds Managed:


0.02%

Change from previous, NAV as on 12-Aug-2022

Growth: ₹ 586.5998

IDCW Weekly: ₹ 100.7389

IDCW Daily: ₹ 100.0001


Investment Strategy

The scheme seeks to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of short maturities with a view to provide reasonable returns.

Investment Details

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.10%
Benchmark: CRISIL Low Duration Fund BI Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 11,978 Cr (As on 31-Jul-2022)
Expense Ratio: 0.38% (As on 30-Jun-2022)
Risk Grade: Below Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily12-Aug-20220.0227

 11-Aug-20220.0226
 10-Aug-20220.0624
 02-Aug-20220.0499
 01-Aug-20220.0833
 29-Jul-20220.0284
 28-Jul-20220.0365
 25-Jul-20220.0568
 22-Jul-20220.0116
 21-Jul-20220.0005
 20-Jul-20220.0149
 19-Jul-20220.0050
 18-Jul-20220.0331
 15-Jul-20220.0313
 14-Jul-20220.0104
 13-Jul-20220.0396
 12-Jul-20220.0162
 11-Jul-20220.0369
 08-Jul-20220.0074
 07-Jul-20220.0193
 06-Jul-20220.0686
 05-Jul-20220.0369
 04-Jul-20220.0683
 01-Jul-20220.0406
 30-Jun-20220.0584
IDCW Weekly10-Aug-20220.0628

 02-Aug-20220.2030
 26-Jul-20220.0810
 19-Jul-20220.1203
 12-Jul-20220.1497
 05-Jul-20220.2252
 28-Jun-20220.1224
 21-Jun-20220.0474
 14-Jun-20220.1599
 31-May-20220.0972
 24-May-20220.1360
 17-May-20220.0428
 26-Apr-20220.1253
 19-Apr-20220.0858
 05-Apr-20220.1264
 29-Mar-20220.2430
 22-Mar-20220.0998
 15-Mar-20220.1327
 08-Mar-20220.0156
 02-Mar-20220.0481
 22-Feb-20220.0549
 15-Feb-20220.1884
 08-Feb-20220.0737
 25-Jan-20220.0745
 18-Jan-20220.1148

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

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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