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4 star

Aditya Birla Sun Life Short Term Fund - Direct Plan


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one 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. There have been instances when short duration funds have incurred losses.

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 2.09 0.03 0.22 0.68 2.37 2.45 9.92 9.53 8.78 9.06 --
CCIL T Bill Liquidity Weight 0.86 0.02 0.05 0.20 0.51 0.97 2.16 3.59 3.79 4.24 --
Debt: Short Duration 1.85 0.02 0.21 0.61 2.18 2.12 7.57 7.38 7.32 7.93 --
Rank within category 4 7 12 6 6 4 3 2 2 2 --
Number of funds in category 26 27 27 27 27 26 26 25 23 23 0

As on 14-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Short Term Fund - Direct Plan  | Invest Online
4 star
Jan-13 9.92 9.53 8.78 0.40 7,062
ICICI Prudential Short Term Fund - Direct Plan  | Invest Now
5 star
Jan-13 8.43 9.64 8.98 0.39 20,015
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 8.38 9.33 8.47 0.24 18,117
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.22 9.33 8.55 0.34 17,363
IDFC Bond Fund Short Term Plan - Direct Plan
4 star
Jan-13 6.63 9.12 8.17 0.29 13,776

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.45 24-Mar-2020 - 31-Mar-2020 -1.90 12-Mar-2020 - 19-Mar-2020
Month 4.00 24-Mar-2020 - 23-Apr-2020 -2.51 25-Feb-2020 - 26-Mar-2020
Quarter 6.38 26-Mar-2020 - 25-Jun-2020 -1.25 26-Dec-2019 - 26-Mar-2020
Year 13.92 24-Nov-2015 - 24-Nov-2016 4.43 12-Sep-2017 - 12-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.08 2.14 2.24 4.41 0.45 5.13
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Short Duration 7.15 3.40 1.61 2.65 0.75 3.43
Rank within category 2 16 13 4 7 13
Number of funds in category 25 25 25 25 25 25

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

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 159 175 77 64
Modified Duration (yrs) 1.82 2.59 1.79 1.91
Average Maturity (yrs) 2.50 3.30 2.14 2.43
Yield to Maturity (%) 5.17 6.69 5.07 5.03
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
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 1.97 - 3.93 3.09
new GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 2.95 2.95
equal 8.60% Bihar State 2026 State Development Loan SOV 0.00 - 2.54 2.48
equal 8.15% GOI 24/11/2026 Central Government Loan SOV 0.00 - 2.50 2.26
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 2.19 2.13
equal 6.32% REC 31/12/2021 Debenture AAA 1.68 - 3.71 2.01
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.00 - 1.80 1.78
equal 6.90% GOI 2026 Central Government Loan SOV 0.00 - 1.55 1.52
equal 7.05% Reliance Industries 13/09/2023 Debenture AAA 1.24 - 2.20 1.48
equal 6.75% Sikka Ports and Terminals 22/04/2026 Debenture AAA 0.00 - 1.43 1.43
equal 5.47% Power Finance Corporation 19/08/2023 Debenture AAA 0.00 - 2.10 1.43
equal L&T Infrastructre Finance 248-D 21/06/2021 Commercial Paper A1+ 0.00 - 1.45 1.41
equal Axis Bank 17/12/2021 Certificate of Deposit A1+ 0.00 - 1.42 1.39
equal 4.95% HDFC 2022 Non Convertible Debenture AAA 0.00 - 1.62 1.28
equal 8.34% Housing & Urban Development Corporation 2022 Debenture AAA 0.90 - 2.35 1.25
equal 5.75% Bharat Oman Refineries 15/12/2023 Debenture AA+ 0.00 - 1.15 1.13
new Axis Finance 24/05/2024 Debenture AAA 0.00 - 1.13 1.13
equal 8.50% L&T Infrastructre Finance 17/02/2023 Debenture AAA 0.91 - 3.23 1.11
equal 5.69% REC 30/09/2023 Non Convertible Debenture AAA 0.00 - 1.10 1.08
equal 6.65% Motherson Sumi Systems 14/09/2023 Non Convertible Debenture AAA 0.00 - 1.10 1.08
equal 5.45% Cholamandalam Investment & Finance Company 25/11/2022 Non Convertible Debenture AA+ 0.00 - 1.62 1.06
equal Fullerton India Credit 28/12/2022 Debenture AAA 0.00 - 1.05 1.02
equal 8.05% Rajasthan State 25/02/2025 State Development Loan SOV 0.00 - 1.02 1.00
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.77 - 1.78 0.98
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.00 - 1.36 0.95

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-May-2021

Fund Manager

— Mohit Sharma since 06-Aug-2020

Education: Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).

Experience: Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).

Funds Managed:


0.03%

Change from previous, NAV as on 14-Jun-2021

Growth: ₹ 39.1088

IDCW Quarterly: ₹ 11.1151

IDCW: ₹ 18.1033


Investment Strategy

The scheme seeks to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 500
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: 9.46%
Benchmark: CRISIL Short-Term Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 7,062 Cr (As on 31-May-2021)
Expense: 0.40% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly15-Mar-20210.1354

 15-Dec-20200.1350
 15-Sep-20200.1591
 15-Jun-20200.1542
 16-Mar-20200.1307
 16-Dec-20190.1309
 16-Sep-20190.1482
 17-Jun-20190.1523
 15-Mar-20190.1525
 17-Dec-20180.1567
 17-Sep-20180.1359
 15-Jun-20180.1343
 15-Mar-20180.1239
 15-Dec-20170.1263
 15-Sep-20170.1913
 15-Jun-20170.1900
 15-Mar-20170.1902
 15-Dec-20160.1918
 15-Sep-20160.1908
 15-Jun-20160.1902
 15-Mar-20160.1884
 15-Dec-20150.1888
 15-Sep-20150.1917
 15-Jun-20150.1910
 16-Mar-20150.1933
IDCW25-Jan-20210.9300

 31-Jan-20200.7707
 31-Jan-20190.8860
 25-Jan-20180.8523
 15-Mar-20170.8306

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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DateFriday, 18-Jun-2021
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