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5 star

Aditya Birla Sun Life Corporate Bond Fund - Direct Plan


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 0.06 0.03 0.11 0.00 0.66 2.09 4.39 8.48 7.77 8.35 --
VR Bond -0.31 0.04 -0.12 -0.54 0.48 1.87 2.23 5.69 5.55 6.42 --
Debt: Corporate Bond 0.04 0.02 0.11 -0.01 0.66 2.11 4.08 7.90 7.21 7.95 --
Rank within category 13 9 15 15 13 12 5 5 2 3 --
Number of funds in category 22 22 22 22 21 21 20 17 13 12 0

As on 14-Jan-2022

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 4.39 8.48 7.77 0.30% 19,392
ICICI Prudential Corporate Bond Fund - Direct Plan  | Invest Now
5 star
Jan-13 4.24 8.24 7.55 0.27% 19,104
Kotak Corporate Bond Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 4.26 7.82 7.64 0.30% 10,768
Nippon India Corporate Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.30 7.59 7.44 0.27% 3,865
DSP Corporate Bond Fund - Direct Plan  | Invest Online
4 star
Sep-18 3.78 7.97 -- 0.25% 2,096

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 3.89 08-Jan-2021 - 10-Jan-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.31 1.89 2.42 4.24 0.67 3.23
VR Bond 5.74 2.02 1.00 1.37 -- --
Debt: Corporate Bond 7.82 2.51 1.85 3.59 0.66 2.77
Rank within category 5 4 4 7 12 3
Number of funds in category 17 17 17 17 17 17

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

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 282 311 282 80
Modified Duration (yrs) 2.16 2.33 1.72 2.16
Average Maturity (yrs) 3.28 3.28 2.09 2.81
Yield to Maturity (%) 5.54 5.54 4.74 5.09
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 GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 3.27 3.27
equal 7.25% Larsen & Toubro 24/04/2023 Non Convertible Debenture AAA 2.02 - 2.73 2.73
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 1.23 - 1.93 1.93
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 1.20 - 1.75 1.75
up 6.67% GOI 15/12/2035 GOI Securities SOV 0.00 - 1.72 1.72
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 1.56 - 1.96 1.71
down 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 1.70 - 2.08 1.70
up 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 1.64 1.64
equal 6.98% Power Finance Corporation 20/04/2023 Non Convertible Debenture AAA 1.25 - 1.56 1.56
down 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 2.65 1.51
equal 8.83% GOI 25/11/2023 Central Government Loan SOV 1.07 - 1.32 1.32
equal 6.20% Madhya Pradesh State 15/04/2023 State Development Loan SOV 0.97 - 1.32 1.32
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.41 - 1.32 1.32
equal 6.75% Sikka Ports and Terminals 22/04/2026 Debenture AAA 0.00 - 1.30 1.30
up 5.04% Indian Railway Finance Corporation 2023 Debenture AAA 0.00 - 1.29 1.29
equal 5.70% Cholamandalam Investment & Finance Company 2023 Debenture AA+ 0.00 - 1.29 1.29
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 1.24 - 2.27 1.26
down 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 1.03 - 1.65 1.17
equal 5.70% Bajaj Housing Finance 2024 Debenture AAA 0.00 - 1.14 1.10
equal 8.50% L&T Infrastructre Finance 17/01/2023 Debenture AAA 0.80 - 1.09 1.09
equal 7.68% L&T Finance 2023 Debenture AAA 0.00 - 1.06 1.06
equal 7.45% Axis Finance 26/05/2023 Debenture AAA 0.78 - 1.06 1.06
equal 6.72% Power Finance Corporation 2023 Debenture AAA 0.39 - 1.05 1.05
equal 5.35% LIC Housing Fin. 20/03/2023 Debenture AAA 0.00 - 1.03 1.03
equal 7.29% HDB Financial Services 27/07/2023 Debenture AAA 0.81 - 1.06 1.00

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-2021


0.03%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 90.1653

IDCW Monthly: ₹ 12.4687

Discipline Advantage Plan: ₹ 11.8664


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

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.67%
Benchmark: NIFTY Corporate Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 19,392 Cr (As on 31-Dec-2021)
Expense: 0.30% (As on 30-Nov-2021)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly15-Dec-20210.0461

 15-Nov-20210.0431
 18-Oct-20210.0566
 15-Sep-20210.0497
 17-Aug-20210.0564
 15-Jul-20210.0514
 15-Jun-20210.0496
 17-May-20210.0545
 15-Apr-20210.0524
 15-Mar-20210.0475
 15-Feb-20210.0530
 15-Jan-20210.0532
 15-Dec-20200.0480
 17-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
Discipline Advantage Plan14-Sep-20210.8850

 29-Jun-20211.1000
 25-Feb-20210.7000
 25-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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