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4 star

Aditya Birla Sun Life Income Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

"Medium to Long Duration debt funds invest mainly in bonds maturing in four to seven years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they may experience some degree of volatility in response to changes in interest rates.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon."

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 4.44 -0.03 0.05 0.64 1.06 3.02 4.98 9.81 6.76 8.43 --
VR Bond 2.68 0.03 -0.02 0.59 1.27 2.12 2.98 6.35 5.55 6.67 --
Debt: Medium to Long Duration 3.67 -0.04 0.04 0.58 1.31 2.93 4.22 8.03 6.10 7.65 --
Rank within category 3 6 10 10 4 4 3 3 6 3 --
Number of funds in category 14 19 19 19 15 15 14 14 14 14 0

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 Income Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.98 9.81 6.76 0.40% 3,524
Kotak Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.54 9.92 6.62 0.74% 2,904
ICICI Prudential Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 4.05 9.45 7.38 0.56% 2,659
SBI Magnum Income Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.63 9.98 8.01 0.80% 1,718
Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2026 - Direct Plan  | Invest Online
Unrated
Mar-21 -- -- -- 0.16% 3,881

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.46 19-Aug-2013 - 26-Aug-2013 -3.97 12-Aug-2013 - 19-Aug-2013
Month 5.45 25-Oct-2016 - 24-Nov-2016 -6.23 19-Jul-2013 - 19-Aug-2013
Quarter 9.11 09-Apr-2020 - 10-Jul-2020 -9.83 20-May-2013 - 19-Aug-2013
Year 19.23 26-Feb-2014 - 27-Feb-2015 -1.90 21-May-2013 - 21-May-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.49 3.61 1.58 2.50 1.54 2.00
VR Bond 6.20 2.04 1.18 1.59 -- --
Debt: Medium to Long Duration 7.84 3.60 1.40 2.27 1.22 1.12
Rank within category 3 10 6 5 10 5
Number of funds in category 14 14 14 14 14 14

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 67 75 59 28
Modified Duration (yrs) 3.65 5.58 3.28 --
Average Maturity (yrs) 4.53 8.11 4.18 --
Yield to Maturity (%) 5.68 6.60 5.36 --
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
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 32.75 32.75
down 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 9.02 7.07
down 7.09% Food Corporation of India 13/08/2031 Non Convertible Debenture AAA 0.00 - 5.55 4.73
down 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 5.16 2.95
new 6.50% Power Finance Corporation 17/09/2025 Non Convertible Debenture AAA 0.00 - 2.18 2.18
new 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 1.96 1.96
new GOI 22/08/2027 GOI Securities SOV 0.00 - 1.82 1.82
up 8.28% GOI 21/09/2027 Central Government Loan SOV 0.00 - 2.83 1.73
equal 8.38% Karnataka State 27/01/2026 State Development Loan SOV 0.00 - 1.58 1.54
down 7.59% GOI 2026 GOI Securities SOV 0.00 - 4.91 1.52
equal 7.18% Tamilnadu State 26/07/2027 State Development Loan SOV 0.00 - 1.76 1.48
equal 6.45% Maharashtra State 14/10/2027 State Development Loan SOV 0.00 - 1.46 1.43
down 6.09% Power Finance Corporation 27/08/2026 Non Convertible Debenture AAA 0.00 - 2.40 1.42
equal 7.33% Maharashtra State 13/09/2027 State Development Loan SOV 0.00 - 1.22 1.19
down 7.56% Uttar Pradesh State 2027 State Development Loan SOV 1.05 - 5.99 1.05
equal 9.46% Power Finance Corporation 2026 Bonds AAA 1.03 - 2.97 1.03
equal 6.72% Tamilnadu State 2027 State Development Loan SOV 0.00 - 1.05 1.02
new GOI 22/02/2027 GOI Securities SOV 0.00 - 0.85 0.85
equal 7.95% REC 2027 Bonds AAA 0.76 - 2.17 0.76
equal 7.65% Tamilnadu State 2027 State Development Loan SOV 0.76 - 2.16 0.76
equal 8.55% L&T Infrastructre Finance 28/01/2030 Debenture AAA 0.74 - 2.09 0.74
equal 7.20% Maharashtra State 2027 State Development Loan SOV 0.00 - 1.46 0.74
new GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 0.72 0.72
new 5.70% National Bank Agr. Rur. Devp 22-D 31/07/2025 Debenture AAA 0.00 - 0.71 0.71
equal 7.27% GOI 2026 GOI Securities SOV 0.08 - 5.08 0.64

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-Nov-2021

*As on 31-Oct-2021

Fund Manager

— Bhupesh Bameta since 06-Aug-2020

Education: Mr. Bameta has done B.Tech (IIT Kanpur), CFA Charterholder (CFA Institute, USA)

Experience: Prior to joining Aditya Birla Sun Life Mutual Fund as an Analyst, Fixed Income. He was the Head of Research in Forex and Rates Desk at Edelweiss Securities Limited, covering global and Indian forex markets and economies. He was also associated with Quant Capital for 6 years as an Economist and was covering Indian and global economy and markets.

Funds Managed:


0.04%

Change from previous, NAV as on 06-Dec-2021

Growth: ₹ 108.3522

IDCW Quarterly: ₹ 14.4244

IDCW: ₹ 13.1710


Investment Strategy

The scheme seeks to generate consistent income through superior yields on its investment at relatively moderate levels of risk through a diversified investment approach.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 500
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: 8.59%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 3,524 Cr (As on 30-Nov-2021)
Expense: 0.40% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW22-Oct-20210.1650

 23-Oct-20200.6600
 25-Oct-20190.5042
 31-Oct-20180.5979
 27-Oct-20170.5417
IDCW Quarterly15-Sep-20210.1790

 15-Jun-20210.1749
 15-Mar-20210.1761
 15-Dec-20200.1751
 15-Sep-20200.2102
 15-Jun-20200.2009
 16-Mar-20200.1424
 16-Dec-20190.1438
 16-Sep-20190.1654
 17-Jun-20190.1675
 15-Mar-20190.1582
 17-Dec-20180.1596
 17-Sep-20180.1541
 15-Jun-20180.1528
 15-Mar-20180.1400
 15-Dec-20170.1447
 15-Sep-20170.2225
 15-Jun-20170.2149
 15-Mar-20170.2202
 15-Dec-20160.2194
 15-Sep-20160.2128
 15-Jun-20160.2097
 15-Mar-20160.2092
 15-Dec-20150.2117
 15-Sep-20150.2124

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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