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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 1.18 0.01 0.06 0.26 0.80 1.58 3.46 5.72 6.24 6.93 --
CCIL T Bill Liquidity Weight 0.69 0.01 0.02 0.17 0.49 0.94 2.22 3.62 3.84 4.29 --
Debt: Liquid 1.18 0.01 0.06 0.26 0.80 1.58 3.34 5.46 6.06 6.77 --
Rank within category 16 39 25 16 14 18 5 8 5 3 --
Number of funds in category 38 39 39 38 38 38 38 35 33 33 1

As on 14-May-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 3.46 5.72 6.24 0.21 30,938
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.44 5.67 6.19 0.20 40,714
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.41 5.72 6.24 0.18 22,828
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.38 5.69 6.22 0.22 15,808
LIC MF Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.45 5.68 6.22 0.11 7,244

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 3.46 14-May-2020 - 14-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.62 0.50 2.47 4.42 1.04 2.10
CCIL T Bill Liquidity Weight 3.56 0.38 -2.17 -5.20 -- --
Debt: Liquid 5.40 0.67 2.16 4.19 1.04 1.88
Rank within category 9 14 7 9 24 10
Number of funds in category 34 34 34 33 34 34

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

As on 30-Apr-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 124 189 114 37
Modified Duration (yrs) 0.09 0.14 0.07 0.09
Average Maturity (yrs) 0.09 0.14 0.07 0.09
Yield to Maturity (%) 3.45 4.06 3.01 3.40
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 Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 3.63 3.55
new Axis Bank 2021 Certificate of Deposit A1+ 0.00 - 3.41 3.41
equal 7.94% GOI 24/05/2021 Central Government Loan SOV 0.00 - 3.67 3.24
equal Reserve Bank of India 364-D 13/05/2021 Treasury Bills SOV 0.00 - 3.63 3.23
new Tata Steel 60-D 18/06/2021 Commercial Paper A1+ 0.00 - 3.22 3.22
new Adani Ports and Special Economic Zone 85-D 23/06/2021 Commercial Paper A1+ 0.00 - 3.05 3.05
new HPCL 46-D 28/05/2021 Commercial Paper A1+ 0.00 - 2.82 2.82
down Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 3.40 2.57
equal Reliance Jio Infocomm 87-D 04/06/2021 Commercial Paper A1+ 0.00 - 2.72 2.42
equal Reliance Jio Infocomm 91-D 07/06/2021 Commercial Paper A1+ 0.00 - 2.72 2.42
equal Barclays Bank 2021 Certificate of Deposit A1+ 0.00 - 2.72 2.42
new SAIL 83-D 29/06/2021 Commercial Paper A1+ 0.00 - 1.77 1.77
equal Bank of Baroda 22/06/2021 Certificate of Deposit A1+ 0.00 - 1.90 1.69
new Reliance Industries 85-D 29/06/2021 Commercial Paper A1+ 0.00 - 1.61 1.61
new Tata Power 91-D 20/07/2021 Commercial Paper A1+ 0.00 - 1.60 1.60
new Shriram Transport Finance 68-D 30/06/2021 Commercial Paper A1+ 0.00 - 1.60 1.60
new Indus Towers (Merged) 91-D 02/08/2021 Commercial Paper A1+ 0.00 - 1.60 1.60
equal Reserve Bank of India 364-D 27/05/2021 Treasury Bills SOV 0.00 - 1.76 1.56
equal Federal Bank 25/05/2021 Certificate of Deposit A1+ 0.00 - 1.63 1.45
equal Reliance Industries 84-D 28/05/2021 Commercial Paper A1+ 0.00 - 1.63 1.45
equal Punjab & Sind Bank 14/06/2021 Certificate of Deposit A1+ 0.00 - 1.45 1.29
up Axis Bank 28/05/2021 Certificate of Deposit A1+ 0.00 - 1.24 1.24
up National Bank Agr. Rur. Devp 28/05/2021 Commercial Paper A1+ 0.00 - 1.20 1.20
equal Reserve Bank of India 364-D 03/06/2021 Treasury Bills SOV 0.00 - 1.27 1.13
up Tata Teleservices (Mah) 90-D 19/05/2021 Commercial Paper A1+ 0.00 - 1.02 1.02

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-Apr-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 16-May-2021

Growth: ₹ 332.8719

IDCW Weekly: ₹ 100.2450

More

IDCW Daily: ₹ 100.1950

IDCW: ₹ 180.7227


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: 7.34%
Benchmark: CRISIL Liquid TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 30,938 Cr (As on 30-Apr-2021)
Expense: 0.21% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily13-May-20210.0079

 12-May-20210.0091
 11-May-20210.0086
 10-May-20210.0085
 09-May-20210.0078
 08-May-20210.0184
 06-May-20210.0081
 05-May-20210.0076
 04-May-20210.0068
 03-May-20210.0082
 02-May-20210.0087
 01-May-20210.0180
 29-Apr-20210.0063
 28-Apr-20210.0089
 27-Apr-20210.0084
 26-Apr-20210.0086
 25-Apr-20210.0100
 24-Apr-20210.0174
 22-Apr-20210.0085
 21-Apr-20210.0115
 20-Apr-20210.0087
 19-Apr-20210.0100
 18-Apr-20210.0093
 17-Apr-20210.0180
 15-Apr-20210.0089
IDCW Weekly13-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
 17-Dec-20200.0534
 10-Dec-20200.0569
 03-Dec-20200.0399
 26-Nov-20200.0589

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

Last Session

Investors' Hangout

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

Registration Over