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Aditya Birla Sun Life Savings Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Analyst's Choice?

Suitability:

Ultra Short Duration debt funds invest in bonds maturing in 3 to 6 months' time. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to 3 months maturity, from the one that invests in bonds maturing in 3-6 months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to the next one year in a Liquid fund.

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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.33 0.02 0.10 0.54 1.66 3.78 8.42 7.78 8.38 8.75 --
CCIL T Bill Liquidity Weight 0.17 0.01 0.01 0.28 0.83 1.91 4.24 4.15 4.46 4.80 --
Debt: Ultra Short Duration 0.14 0.02 -0.06 0.35 1.32 3.36 7.01 6.66 7.48 8.29 --
Rank within category 4 3 6 6 6 5 4 3 2 3 --
Number of funds in category 28 28 28 28 26 26 23 17 17 15 0

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 1.39 (20-Aug-2013 - 19-Sep-2013) -0.11 (24-Jun-2013 - 24-Jul-2013)
Quarter 3.23 (24-Jul-2013 - 23-Oct-2013) 1.19 (24-Nov-2016 - 23-Feb-2017)
Year 10.82 (24-Jul-2013 - 24-Jul-2014) 6.57 (25-Sep-2017 - 25-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.63 0.68 2.81 4.59 1.53 4.43
CCIL T Bill Liquidity Weight 4.08 0.26 -10.52 -- -- --
Debt: Ultra Short Duration 6.73 1.54 2.18 4.45 1.44 3.37
Rank within category 4 11 10 11 15 6
Number of funds in category 19 19 19 19 19 19

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 143 175 111 40
Modified Duration (yrs) 0.46 0.54 0.31 0.37
Average Maturity (yrs) 0.52 0.61 0.34 0.45
Yield to Maturity (%) 6.31 8.44 5.98 6.25

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 8.50% National Bank Agr. Rur. Devp 31/01/2022 Non Convertible Debenture AAA 0.00 - 4.33 4.33
equal Indusind Bank 26/03/2020 Certificate of Deposit A1+ 0.00 - 4.05 4.05
equal 8.39% Rajasthan State 15/03/2020 State Development Loan SOV 0.00 - 3.49 3.48
equal SAIL 91-D 07/02/2020 Commercial Paper A1+ 0.00 - 3.14 3.14
equal 7.42% Power Finance Corp. 26/06/2020 Debenture AAA 1.37 - 3.16 2.95
equal Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 2.78 2.78
new Reliance Retail Ltd. 97-D 09/03/2020 Commercial Paper A1+ 0.00 - 2.66 2.66
equal Bharti Telecom 19/02/2020 Debenture AA+ 1.75 - 2.70 2.57
new 6.25% Indusind Bank 26/03/2020 Fixed Deposits -- 0.00 - 2.52 2.52
equal Reliance Jio Infocomm 88-D 31/01/2020 Commercial Paper A1+ 0.00 - 2.51 2.51
new Tata Power 180-D 17/06/2020 Commercial Paper A1+ 0.00 - 2.45 2.45
down 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 2.09 1.79
equal Hinduja Leyland Finance 26/06/2020 Debenture AA- 1.58 - 1.83 1.58
up 6.90% REC 30/06/2022 Debenture AAA 0.00 - 1.57 1.57
equal Reliance Industries 180-D 18/05/2020 Commercial Paper A1+ 0.00 - 1.54 1.54
new Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 1.52 1.52
equal 9.00% Muthoot Finance 30/01/2020 Debenture AA 0.00 - 1.52 1.42
down 8.53% Power Finance Corp. 24/07/2020 Bonds/Debentures AAA 0.07 - 1.99 1.37
new 8.52% HDFC 28/05/2020 Non Convertible Debenture AAA 0.00 - 1.30 1.30
equal 1.50% HDFC 29/06/2020 Debenture AAA 0.00 - 1.40 1.29
equal 7.24% REC 21/10/2021 Debenture AAA 0.00 - 1.27 1.27
equal National Bank Agr. Rur. Devp 23/04/2020 Certificate of Deposit A1+ 0.00 - 1.31 1.24
up Reliance Industries 166-D 05/05/2020 Commercial Paper A1+ 0.00 - 1.24 1.24
equal L&T Finance 161-D 04/05/2020 Commercial Paper A1+ 0.00 - 1.23 1.23
new Axis Bank 27/05/2020 Certificate of Deposit A1+ 0.00 - 1.23 1.23

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

— Kaustubh Gupta since 01-Jan-2013

Education: Mr. Gupta is a B.Com and a Chartered Accountant.

Experience: Prior to joining Birla Sun Life AMC he has worked with ICICI Bank.

Funds Managed:

— Sunaina da Cunha since 20-Jun-2014

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:


0.02%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 396.0741

Dividend Weekly: ₹ 100.4026

Dividend Daily: ₹ 100.3702


Investment Strategy

The scheme aims to generate regular income from a portfolio of debt and money market instruments, cash and cash equivalents.

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 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.76%
Benchmark: CRISIL Ultra ST Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 15,847 Cr (As on 31-Dec-2019)
Expense: 0.24% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily16-Jan-20200.0169

 15-Jan-20200.0093
 14-Jan-20200.0148
 10-Jan-20200.0341
 09-Jan-20200.0086
 08-Jan-20200.0193
 07-Jan-20200.0186
 06-Jan-20200.0179
 03-Jan-20200.0337
 02-Jan-20200.0228
 01-Jan-20200.0210
 31-Dec-20190.0221
 30-Dec-20190.0109
 27-Dec-20190.0371
 26-Dec-20190.0154
 24-Dec-20190.0160
 23-Dec-20190.0051
 20-Dec-20190.0279
 19-Dec-20190.0130
 18-Dec-20190.0141
 17-Dec-20190.0152
 16-Dec-20190.0159
 13-Dec-20190.0340
 12-Dec-20190.0107
 11-Dec-20190.0123
Dividend Weekly17-Jan-20200.0719

 10-Jan-20200.0986
 03-Jan-20200.1140
 27-Dec-20190.0645
 20-Dec-20190.0923
 13-Dec-20190.0801
 06-Dec-20190.0598
 29-Nov-20190.1008
 22-Nov-20190.1035
 15-Nov-20190.1059
 08-Nov-20190.0636
 01-Nov-20190.1249
 25-Oct-20190.0945
 18-Oct-20190.1346
 11-Oct-20190.1207
 04-Oct-20190.1769
 27-Sep-20190.0671
 20-Sep-20190.0272
 13-Sep-20190.1152
 06-Sep-20190.1202
 30-Aug-20190.1254
 23-Aug-20190.1357
 16-Aug-20190.0639
 09-Aug-20190.1182
 02-Aug-20190.1638

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

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