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5 star

Aditya Birla Sun Life Savings Fund - Direct Plan


Debt: Ultra Short Duration

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Suitability:

Ultra Short Duration debt funds invest in bonds maturing in three to six months. 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 three months maturity, from the one that invests in bonds maturing in three to six 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 a 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 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 4.89 0.01 0.11 0.51 2.75 4.07 8.02 7.85 8.26 8.78 --
CCIL T Bill Liquidity Weight 2.20 0.01 0.05 0.18 0.64 1.81 3.71 4.06 4.27 4.78 --
Debt: Ultra Short Duration 3.96 0.01 0.09 0.33 1.85 3.27 6.86 6.51 7.16 8.15 --
Rank within category 2 11 3 3 2 2 4 2 2 2 --
Number of funds in category 27 28 28 28 28 28 25 16 16 14 0

As on 06-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Savings Fund - Direct Plan  | Invest Online
5 star
Jan-13 8.02 7.85 8.26 0.33 11,830
SBI Magnum Ultra Short Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.30 7.72 7.63 0.33 9,750
Kotak Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.47 7.65 7.90 0.32 9,189
IDFC Ultra Short Term Fund - Direct Plan
4 star
Jul-18 7.14 -- -- 0.26 5,768
ICICI Prudential Ultra Short Term Fund - Direct Plan  | Invest Now
5 star
Jan-13 8.23 8.07 8.96 0.39 5,571

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.48 (24-Mar-2020 - 31-Mar-2020) -0.86 (17-Mar-2020 - 24-Mar-2020)
Month 2.01 (24-Mar-2020 - 23-Apr-2020) -0.99 (25-Feb-2020 - 26-Mar-2020)
Quarter 3.88 (24-Mar-2020 - 24-Jun-2020) 0.16 (24-Dec-2019 - 24-Mar-2020)
Year 10.82 (24-Jul-2013 - 24-Jul-2014) 6.54 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.63 0.78 3.09 6.11 0.40 2.88
CCIL T Bill Liquidity Weight 4.03 0.29 -4.08 -7.51 -- --
Debt: Ultra Short Duration 6.50 1.68 2.24 5.18 0.89 2.34
Rank within category 3 10 9 9 5 9
Number of funds in category 18 18 18 18 18 18

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

As on 31-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 122 175 120 30
Modified Duration (yrs) 0.50 0.65 0.31 --
Average Maturity (yrs) 0.55 0.74 0.35 --
Yield to Maturity (%) 5.11 7.25 5.11 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reliance Industries 263-D 05/03/2021 Commercial Paper A1+ 0.00 - 5.96 5.96
down HDFC 317-D 10/03/2021 Commercial Paper A1+ 0.00 - 3.18 3.18
new Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 3.17 3.17
equal 8.97% Shriram Transport Finance 15/03/2021 Debenture AA+ 0.00 - 3.06 3.06
up 6.90% REC 30/06/2022 Debenture AAA 0.00 - 3.00 3.00
equal Indusind Bank 24/02/2021 Certificate of Deposit A1+ 0.00 - 2.84 2.84
new Export-Import Bank 181-D 14/10/2020 Certificate of Deposit A1+ 0.00 - 2.72 2.72
equal 6.32% REC 31/12/2021 Debenture AAA 0.00 - 4.43 2.50
equal 8.70% HDFC 15/12/2020 Debenture AAA 0.00 - 2.31 2.31
equal 6.81% Maharashtra State 2020 State Development Loan SOV 0.00 - 2.22 2.22
equal HDB Financial Services 20/10/2020 Debenture AAA 0.00 - 2.08 2.08
equal 8.62% HDFC 15/10/2020 Debenture AAA 0.00 - 2.05 2.05
equal Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 2.03 2.03
equal 9.50% Muthoot Finance 2022 Debenture AA 0.00 - 2.01 2.01
equal 6.95% Reliance Industries 14/12/2020 Debenture AAA 0.00 - 1.98 1.98
equal 7.24% REC 21/10/2021 Debenture AAA 0.00 - 2.04 1.95
equal 8.15% REC 18/01/2021 Bonds/Debentures AAA 0.64 - 1.74 1.74
new 8.13% Karnataka State 2020 State Development Loan SOV 0.00 - 1.71 1.71
equal Hero FinCorp 336-D 26/10/2020 Commercial Paper A1+ 0.00 - 1.66 1.66
equal Larsen & Toubro 305-D 15/03/2021 Commercial Paper A1+ 0.00 - 1.64 1.64
equal L&T Infrastructre Finance 364-D 08/02/2021 Commercial Paper A1+ 0.00 - 1.64 1.64
new Cholamandalam Invest. & Fin. 261-D 26/02/2021 Commercial Paper A1+ 0.00 - 1.64 1.64
equal 7.47% Power Finance Corp. 16/09/2021 Bonds AAA 0.00 - 1.62 1.62
equal 7.59% SIDBI 2022 Non Convertible Debenture AAA 0.79 - 1.58 1.58
equal 7.53% M&M Financial Services 30/12/2020 Non Convertible Debenture AAA 0.00 - 1.50 1.50

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-Jun-2020

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:


0.01%

Change from previous, NAV as on 06-Aug-2020

Growth: ₹ 414.0705

Dividend Weekly: ₹ 100.8210

Dividend Daily: ₹ 100.7209


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: 8.73%
Benchmark: CRISIL Ultra ST Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 11,830 Cr (As on 30-Jun-2020)
Expense: 0.33% (As on 30-Jun-2020)
Risk Grade: Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily04-Aug-20200.0176

 03-Aug-20200.0175
 31-Jul-20200.0369
 30-Jul-20200.0336
 29-Jul-20200.0389
 28-Jul-20200.0217
 24-Jul-20200.0125
 23-Jul-20200.0168
 22-Jul-20200.0245
 17-Jul-20200.0321
 16-Jul-20200.0182
 15-Jul-20200.0194
 14-Jul-20200.0422
 13-Jul-20200.0174
 10-Jul-20200.0146
 09-Jul-20200.0134
 08-Jul-20200.0187
 07-Jul-20200.0283
 06-Jul-20200.0247
 03-Jul-20200.0629
 02-Jul-20200.0261
 01-Jul-20200.0406
 30-Jun-20200.0330
 29-Jun-20200.0053
 26-Jun-20200.0241
Dividend Weekly31-Jul-20200.0983

 24-Jul-20200.0642
 17-Jul-20200.1119
 10-Jul-20200.1479
 03-Jul-20200.1291
 26-Jun-20200.1140
 19-Jun-20200.2951
 12-Jun-20200.1958
 05-Jun-20200.0912
 29-May-20200.1278
 22-May-20200.1825
 15-May-20200.2639
 08-May-20200.2455
 04-May-20200.0193
 24-Apr-20200.1662
 17-Apr-20200.1306
 03-Apr-20200.2003
 27-Mar-20200.3741
 06-Mar-20200.0987
 24-Feb-20200.1118
 14-Feb-20200.1085
 07-Feb-20200.1661
 31-Jan-20200.0820
 24-Jan-20200.1114
 17-Jan-20200.0719

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

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