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5 star

Aditya Birla Sun Life Corporate Bond Fund - Direct Plan


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.28 Lakh

Suitability:

Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate 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 11.61 0.00 0.11 0.90 2.49 6.00 11.82 9.46 9.20 9.45 --
VR Bond 6.95 0.04 0.01 0.46 1.88 2.45 7.50 7.11 7.19 7.78 --
Debt: Corporate Bond 10.00 -0.01 0.11 0.79 2.24 5.03 10.10 8.25 8.37 9.13 --
Rank within category 3 6 13 6 4 4 4 2 3 -- --
Number of funds in category 20 21 21 21 20 20 20 15 13 10 0

As on 01-Dec-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 Corporate Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 11.82 9.46 9.20 0.29 23,395
HDFC Corporate Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 11.47 9.39 9.24 0.30 23,494
IDFC Corporate Bond Fund - Direct Plan
4 star
Jan-16 11.92 8.94 -- 0.27 19,345
ICICI Prudential Corporate Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 10.69 9.06 8.92 0.28 18,906
Kotak Corporate Bond Fund - Standard Plan - Direct Plan  | Invest Online
5 star
Jan-13 9.76 9.14 8.86 0.32 7,286

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.33 (24-Mar-2020 - 31-Mar-2020) -1.70 (12-Mar-2020 - 19-Mar-2020)
Month 3.86 (24-Mar-2020 - 23-Apr-2020) -1.80 (20-Feb-2020 - 23-Mar-2020)
Quarter 6.98 (24-Mar-2020 - 24-Jun-2020) -0.95 (21-May-2013 - 20-Aug-2013)
Year 12.46 (12-Jul-2019 - 13-Jul-2020) 4.57 (11-Sep-2017 - 11-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.11 1.81 2.34 4.43 0.64 2.93
VR Bond 6.92 2.06 0.99 1.71 -- --
Debt: Corporate Bond 8.01 2.90 1.54 2.75 0.60 1.91
Rank within category 2 3 2 2 8 3
Number of funds in category 15 15 15 15 15 15

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

As on 30-Nov-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 265 266 192 82
Modified Duration (yrs) 2.72 3.29 1.53 --
Average Maturity (yrs) 3.46 4.45 1.95 --
Yield to Maturity (%) 5.21 6.89 5.21 --
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 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 2.93 2.93
up 8.24% GOI 15/02/2027 Central Government Loan SOV 1.93 - 2.73 2.56
equal 7.25% Larsen & Toubro 24/04/2023 Non Convertible Debenture AAA 0.00 - 2.68 2.32
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.14 - 2.76 2.31
up 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 1.84 - 2.81 2.11
up 5.77% GOI 2030 GOI Securities SOV 0.00 - 1.99 1.99
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 1.82 - 2.43 1.82
up 8.15% GOI 24/11/2026 Central Government Loan SOV 0.40 - 1.88 1.81
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.00 - 2.38 1.79
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 2.23 1.79
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.00 - 2.06 1.79
equal 8.30% Reliance Industries 2022 Debenture AAA 0.66 - 2.86 1.61
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 0.00 - 1.71 1.50
equal 6.98% Power Finance Corp. 20/04/2023 Non Convertible Debenture AAA 0.00 - 1.81 1.45
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.00 - 1.61 1.41
up 7.27% GOI 2026 GOI Securities SOV 0.19 - 3.34 1.38
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.00 - 1.58 1.38
equal 8.83% GOI 25/11/2023 Central Government Loan SOV 0.00 - 1.57 1.36
up 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 1.44 1.33
equal 6.90% REC 30/06/2022 Debenture AAA 0.43 - 1.74 1.33
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 0.00 - 1.65 1.30
up 8.33% GOI 2026 Central Government Loan SOV 0.06 - 1.28 1.28
up 8.28% GOI 21/09/2027 Central Government Loan SOV 0.03 - 1.19 1.19
equal 6.20% Madhya Pradesh State 15/04/2023 State Development Loan SOV 0.00 - 1.30 1.11
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 1.26 1.09

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-Oct-2020

Fund Manager

— Kaustubh Gupta since 01-Apr-2017

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:

— Maneesh Dangi since 01-Apr-2017

Education: Mr. Dangi is an MBA and FRM.

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


0.00%

Change from previous, NAV as on 01-Dec-2020

Growth: ₹ 86.1216

Dividend Monthly: ₹ 12.5563

Discipline Advantage Plan: ₹ 13.9662


Investment Strategy

The scheme seeks to generate optimal returns with high liquidity through active management of the portfolio by investing in High Quality Debt and Money Market Instruments.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.32%
Benchmark: NIFTY Corporate Bond TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 23,395 Cr (As on 31-Oct-2020)
Expense: 0.29% (As on 31-Oct-2020)
Risk Grade: Below Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly17-Nov-20200.0563

 15-Oct-20200.0507
 15-Sep-20200.0590
 17-Aug-20200.0675
 15-Jul-20200.0602
 15-Jun-20200.0616
 15-May-20200.0585
 15-Apr-20200.0585
 16-Mar-20200.0395
 17-Feb-20200.0462
 15-Jan-20200.0419
 16-Dec-20190.0434
 15-Nov-20190.0432
 15-Oct-20190.0485
 16-Sep-20190.0522
 16-Aug-20190.0538
 15-Jul-20190.0468
 17-Jun-20190.0547
 15-May-20190.0498
 15-Apr-20190.0514
 15-Mar-20190.0496
 15-Feb-20190.0550
 15-Jan-20190.0512
 17-Dec-20180.0563
 15-Nov-20180.0545
Discipline Advantage Plan25-Feb-20200.5835

 22-Mar-20190.7203
 22-Sep-20150.4695
 29-Dec-20140.1887
 26-Sep-20140.1948
 05-Sep-20140.5455

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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