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4 star

Aditya Birla Sun Life Liquid Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to three months. 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 a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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 1.47 0.01 0.07 0.29 0.85 1.62 3.37 5.61 6.16 6.86 --
CCIL T Bill Liquidity Weight 0.86 0.02 0.05 0.20 0.51 0.97 2.16 3.59 3.79 4.24 --
Debt: Liquid 1.47 0.01 0.06 0.28 0.84 1.62 3.29 5.35 5.98 6.70 --
Rank within category 14 16 8 7 11 15 7 7 5 3 --
Number of funds in category 38 39 39 39 38 38 38 35 33 33 1

As on 14-Jun-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 Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.37 5.61 6.16 0.21 30,047
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.34 5.55 6.11 0.20 36,601
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.33 5.60 6.16 0.18 20,049
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 5.57 6.14 0.22 10,256
LIC MF Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.37 5.57 6.14 0.11 7,864

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.47 24-Mar-2020 - 31-Mar-2020 -0.16 17-Mar-2020 - 24-Mar-2020
Month 0.99 06-Sep-2013 - 08-Oct-2013 0.17 23-Feb-2020 - 24-Mar-2020
Quarter 2.73 24-Jul-2013 - 23-Oct-2013 0.74 23-Oct-2020 - 22-Jan-2021
Year 10.02 26-Jul-2013 - 27-Jul-2014 3.38 11-Jun-2020 - 11-Jun-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.53 0.51 2.40 4.42 1.07 2.06
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Liquid 5.28 0.67 2.07 4.23 1.06 1.81
Rank within category 7 18 6 12 22 8
Number of funds in category 35 35 35 34 35 35

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

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 100 156 100 38
Modified Duration (yrs) 0.12 0.14 0.07 0.09
Average Maturity (yrs) 0.12 0.14 0.07 0.09
Yield to Maturity (%) 3.52 3.67 3.01 3.41
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
new Reserve Bank of India 91-D 05/08/2021 Treasury Bills SOV 0.00 - 5.84 5.84
equal Tata Steel 60-D 18/06/2021 Commercial Paper A1+ 0.00 - 3.32 3.32
new Reliance Industries 91-D 24/08/2021 Commercial Paper A1+ 0.00 - 3.30 3.30
new Reserve Bank of India 91-D 19/08/2021 Treasury Bills SOV 0.00 - 3.29 3.29
equal Adani Ports and Special Economic Zone 85-D 23/06/2021 Commercial Paper A1+ 0.00 - 3.15 3.15
equal Barclays Bank 2021 Certificate of Deposit A1+ 0.00 - 2.72 2.49
new Reserve Bank of India 91-D 13/08/2021 Treasury Bills SOV 0.00 - 2.48 2.48
down Reliance Jio Infocomm 91-D 07/06/2021 Commercial Paper A1+ 0.00 - 2.72 2.33
down Axis Bank 2021 Certificate of Deposit A1+ 0.00 - 3.41 2.27
new Reserve Bank of India 91-D 26/08/2021 Treasury Bills SOV 0.00 - 1.95 1.95
new Reliance Industries 80-D 30/07/2021 Commercial Paper A1+ 0.00 - 1.90 1.90
equal Bank of Baroda 22/06/2021 Certificate of Deposit A1+ 0.00 - 1.90 1.74
equal Reliance Industries 85-D 29/06/2021 Commercial Paper A1+ 0.00 - 1.66 1.66
equal Shriram Transport Finance Company 68-D 30/06/2021 Commercial Paper A1+ 0.00 - 1.66 1.66
equal Tata Power Company 91-D 20/07/2021 Commercial Paper A1+ 0.00 - 1.66 1.66
new Reliance Jio Infocomm 79-D 30/07/2021 Commercial Paper A1+ 0.00 - 1.65 1.65
new Reliance Jio Infocomm 91-D 11/08/2021 Commercial Paper A1+ 0.00 - 1.65 1.65
new Reliance Retail Ventures 91-D 17/08/2021 Commercial Paper A1+ 0.00 - 1.65 1.65
down Reliance Jio Infocomm 87-D 04/06/2021 Commercial Paper A1+ 0.00 - 2.72 1.33
equal Punjab & Sind Bank 14/06/2021 Certificate of Deposit A1+ 0.00 - 1.45 1.33
new Tata Capital 91-D 11/08/2021 Commercial Paper A1+ 0.00 - 1.32 1.32
equal Reserve Bank of India 364-D 03/06/2021 Treasury Bills SOV 0.00 - 1.27 1.16
down SAIL 83-D 29/06/2021 Commercial Paper A1+ 0.00 - 1.77 1.00
new Tata Motors 79-D 30/07/2021 Commercial Paper A1+ 0.00 - 0.99 0.99
equal Nabha Power 91-D 29/07/2021 Commercial Paper A1+ 0.00 - 0.99 0.99

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-May-2021

Fund Manager

— Sunaina da Cunha since 01-Jan-2013

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 14-Jun-2021

Growth: ₹ 333.7638

IDCW Weekly: ₹ 100.2520

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IDCW Daily: ₹ 100.1950

IDCW: ₹ 181.2069


Investment Strategy

The scheme seeks to provide high liquidity and safety with reasonable returns through investments in debt and money market instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 500
Lock-in Period Not Applicable
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.30%
Benchmark: CRISIL Liquid TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 30,047 Cr (As on 31-May-2021)
Expense: 0.21% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily13-Jun-20210.0089

 12-Jun-20210.0181
 10-Jun-20210.0090
 09-Jun-20210.0096
 08-Jun-20210.0093
 07-Jun-20210.0102
 06-Jun-20210.0091
 05-Jun-20210.0186
 03-Jun-20210.0092
 02-Jun-20210.0098
 01-Jun-20210.0088
 31-May-20210.0091
 30-May-20210.0096
 29-May-20210.0186
 27-May-20210.0086
 26-May-20210.0107
 25-May-20210.0092
 24-May-20210.0088
 23-May-20210.0084
 22-May-20210.0185
 20-May-20210.0093
 19-May-20210.0090
 18-May-20210.0087
 17-May-20210.0091
 16-May-20210.0099
IDCW Weekly10-Jun-20210.0659

 03-Jun-20210.0651
 27-May-20210.0642
 20-May-20210.0660
 13-May-20210.0604
 06-May-20210.0575
 29-Apr-20210.0596
 22-Apr-20210.0661
 15-Apr-20210.0607
 08-Apr-20210.0326
 04-Apr-20210.0985
 25-Mar-20210.0750
 18-Mar-20210.0685
 11-Mar-20210.0605
 04-Mar-20210.0480
 25-Feb-20210.0334
 21-Feb-20210.1008
 11-Feb-20210.0657
 04-Feb-20210.0640
 28-Jan-20210.0644
 21-Jan-20210.0561
 14-Jan-20210.0446
 07-Jan-20210.0491
 31-Dec-20200.0438
 27-Dec-20200.0864

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]camsonline.com

Website: www.camsonline.com

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