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Aditya Birla Sun Life Medium Term Plan - Direct Plan


1 Lakh

Investment declined to
₹ 0.97 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.15 Lakh

Analyst's Choice?

Suitability:

Medium Duration debt funds invest in bonds maturing in 3 to 4 years' time. They aim to earn slightly better returns than inflation and 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 do not guarantee returns or safety of capital.

We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. Therefore, Balanced Hybrid or Conservative Hybrid funds, which invest a part of your money in equity shares, are more suitable alternatives for an investment horizon of 3-5 years. They witness sharper ups and downs than Medium Duration debt funds but the possibility of incurring a loss is substantially reduced if you invest for 3 years and above.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.36 0.04 0.52 0.53 -5.94 -5.85 -3.11 3.15 6.16 7.78 --
VR Bond 0.39 0.06 0.22 0.53 1.41 1.87 8.01 6.19 6.99 7.43 --
Debt: Medium Duration 0.37 0.06 0.36 0.53 1.23 2.91 5.02 6.15 7.33 8.34 --
Rank within category 15 13 1 15 17 17 15 13 10 6 --
Number of funds in category 17 18 18 17 17 17 16 15 12 7 0

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.33 (29-Aug-2013 - 05-Sep-2013) -7.29 (18-Nov-2019 - 25-Nov-2019)
Month 2.50 (20-Aug-2013 - 19-Sep-2013) -6.78 (25-Oct-2019 - 25-Nov-2019)
Quarter 5.01 (06-Mar-2013 - 05-Jun-2013) -8.56 (19-Sep-2019 - 19-Dec-2019)
Year 13.94 (28-Aug-2013 - 28-Aug-2014) -4.07 (17-Jan-2019 - 17-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.43 4.45 -0.51 -0.39 0.61 -2.53
VR Bond 6.11 2.14 0.18 0.33 -- --
Debt: Medium Duration 6.06 3.10 0.41 0.88 0.57 0.12
Rank within category 14 14 15 15 10 14
Number of funds in category 16 16 16 16 16 16

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 109 158 109 48
Modified Duration (yrs) 2.78 3.02 1.78 3.02
Average Maturity (yrs) 3.80 4.19 2.40 4.28
Yield to Maturity (%) 16.08 17.94 13.88 9.18

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal SP Imperial Star 23/03/2022 Debenture A- 0.00 - 9.25 9.25
up 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 6.43 4.61
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 4.17 4.17
down 6.99% Air India Assets Holdings 16/12/2022 Debenture AAA 0.00 - 5.45 4.17
up TMF Holdings 2020 Debenture AA- 0.00 - 2.94 2.94
equal 7.72% GOI 25/05/2025 Central Government Loan SOV 0.00 - 2.83 2.83
down 8.37% REC 2028 Debenture AAA 2.71 - 4.71 2.71
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 3.80 2.34
down 8.30% REC 25/03/2029 Non Convertible Debenture AAA 0.00 - 2.56 2.19
equal 7.42% Power Finance Corp. 19/11/2024 Non Convertible Debenture AAA 0.00 - 2.07 2.07
equal 8.81% JM Financial Products 13/11/2020 Debenture AA 1.02 - 2.03 2.03
equal 9.75% Uttar Pradesh Power Corporation 20/10/2022 Debenture AA- 0.98 - 1.92 1.92
equal 9.75% Uttar Pradesh Power Corporation 20/10/2023 Debenture AA- 0.98 - 1.91 1.91
equal 9.75% Uttar Pradesh Power Corporation 18/10/2024 Debenture AA- 0.97 - 1.89 1.89
equal 8.50% Bank of Baroda Bonds AA+ 1.01 - 1.87 1.87
new 8.40% JSW Energy 18/09/2020 Non Convertible Debenture AA- 0.00 - 1.66 1.66
equal 6.90% REC 30/06/2022 Debenture AAA 0.00 - 1.55 1.55
down 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 1.56 1.54
equal 8.03% Vodafone Idea 14/02/2022 Debenture BBB- 0.00 - 1.39 1.39
equal SP Imperial Star 23/03/2022 Debenture A+ 0.00 - 1.35 1.35
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 1.34 1.34
up 7.17% GOI 2028 GOI Securities SOV 0.00 - 2.12 1.28
equal 9.08% Union Bank of India 31/12/2099 Bonds AA 0.61 - 1.25 1.25
down 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 2.10 1.24
new Aditya Birla Finance 25/06/2021 Deep Discount Bonds AAA 0.00 - 1.18 1.18

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-Dec-2019

Fund Manager

— Maneesh Dangi since 01-Sep-2014

Education: Mr. Dangi is an MBA and FRM.

Experience: Prior to joining Birla Sun Life Asset Management Company he has worked with Pioneer Investcorp.

Funds Managed:

— Sunaina da Cunha since 01-Apr-2017

Education: Ms. Cunha is a B.Com (H) and MBA from FMS, Delhi.

Experience: Prior to joining Birla Sun Life Asset Management Company, she has worked with Aditya Birla Management Corporation Ltd.

Funds Managed:


0.04%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 22.8782

Dividend Quarterly: ₹ 9.6123

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Dividend Half Yearly: ₹ 10.1029

Dividend: ₹ 13.3697


Investment Strategy

The Scheme seeks to generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium term maturity.

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
Exit Load For units in excess of 15% of the investment,2% will be charged for redemption within 365 days
For units in excess of 15% of the investment,1% will be charged for redemption between 366 - 730 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.80%
Benchmark: CRISIL Medium Term Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 4,814 Cr (As on 31-Dec-2019)
Expense: 0.94% (As on 31-Dec-2019)
Risk Grade: Above Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly16-Sep-20190.3157

 15-Mar-20190.3013
 17-Sep-20180.3539
 15-Mar-20180.3144
 15-Sep-20170.4504
 15-Mar-20170.2529
 15-Sep-20160.4670
 15-Mar-20160.2922
 15-Sep-20150.3155
 16-Mar-20150.4500
 15-Sep-20140.4295
 18-Mar-20140.4258
 17-Sep-20130.1530
 17-May-20130.1931
 15-Mar-20130.1354
Dividend Quarterly16-Sep-20190.1469

 17-Jun-20190.0991
 17-Dec-20180.0810
 17-Sep-20180.1630
 15-Jun-20180.1433
 15-Mar-20180.1422
 15-Dec-20170.1451
 15-Sep-20170.1289
 15-Jun-20170.1546
 15-Mar-20170.1782
 15-Dec-20160.2257
 15-Sep-20160.2266
 15-Jun-20160.2269
 15-Mar-20160.1908
 15-Dec-20150.2259
 15-Sep-20150.1437
 15-Jun-20150.1847
 16-Mar-20150.1793
 15-Dec-20140.2249
 15-Sep-20140.2438
 16-Jun-20140.2392
 18-Mar-20140.2451
 16-Dec-20130.2391
 17-Sep-20130.1167
 17-May-20130.1856
Dividend31-Jan-20190.8644

 25-Jan-20180.8595
 24-Mar-20170.7873
 25-Mar-20130.7000

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: 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

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM