This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharper ups and downs because of changes in interest rates.
Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.
Taxability of earnings:
|Rank within category||5||10||13||16||11||12||8||4||2||4||--|
|Number of funds in category||21||21||21||21||21||21||21||21||21||19||0|
As on 17-Jan-2020
|Best (Period)||Worst (Period)|
|Week||-- ( - )||-- ( - )|
|Month||5.99 (25-Oct-2016 - 24-Nov-2016)||-7.64 (19-Jul-2013 - 19-Aug-2013)|
|Quarter||9.47 (22-Oct-2014 - 23-Jan-2015)||-10.39 (20-May-2013 - 19-Aug-2013)|
|Year||23.56 (26-Feb-2014 - 27-Feb-2015)||-1.75 (20-May-2013 - 20-May-2014)|
|Rank within category||3||16||5||6||17||5|
|Number of funds in category||21||21||21||21||21||21|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2019
|Fund||1Y High||1Y Low||Category|
|Number of Securities||14||14||7||8|
|Modified Duration (yrs)||5.85||6.58||2.50||5.35|
|Average Maturity (yrs)||8.30||10.11||3.55||7.86|
|Yield to Maturity (%)||6.87||7.44||6.24||6.57|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|7.88% GOI 19/03/2030||GOI Securities||SOV||0.00 - 16.17||16.17|
|6.45% GOI 2029||GOI Securities||SOV||0.00 - 15.73||15.73|
|7.27% GOI 2026||GOI Securities||SOV||0.00 - 13.41||13.41|
|7.26% GOI 14/01/2029||GOI Securities||SOV||0.00 - 40.95||13.41|
|7.17% GOI 2028||GOI Securities||SOV||10.37 - 49.73||10.37|
|7.72% GOI 25/05/2025||Central Government Loan||SOV||0.00 - 6.80||6.80|
|6.84% GOI 19/12/2022||GOI Securities||SOV||0.00 - 6.60||6.60|
|8.68% Tamilnadu State 2028||State Development Loan||SOV||0.00 - 5.64||4.75|
|6.79% GOI 26/12/2029||GOI Securities||SOV||0.00 - 4.30||4.30|
|8.52% Karnataka State 28/11/2028||State Development Loan||SOV||0.00 - 5.59||2.36|
|7.95% GOI 2032||GOI Securities||SOV||0.00 - 8.85||2.33|
|7.57% GOI 17/06/2033||GOI Securities||SOV||0.00 - 22.82||0.98|
|8.35% Jharkhand State 2028||State Development Loan||SOV||0.17 - 0.23||0.20|
|8.30% GOI 2040||Central Government Loan||SOV||0.00 - 0.00||0.00|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
Education: Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.
Experience: Prior to joining BSLAMC , he has worked with BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).
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The scheme seeks to generate income and capital appreciation through investments in government securities and T-Bills with medium-to-long term maturities.
|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|
|Fund House:||Aditya Birla Sun Life Mutual Fund|
|Return Since Launch:||10.00%|
|Benchmark:||NIFTY All Duration G-Sec|
|Assets:||₹ 231 Cr (As on 31-Dec-2019)|
|Expense:||0.58% (As on 31-Dec-2019)|
|Return Grade:||Above Average|
|Plan||Record Date||Dividend (₹ / Unit)|
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
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
Email: [email protected]