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Aditya Birla Sun Life Savings Fund

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Debt: Ultra Short Duration

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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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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 1.05 0.03 0.11 0.68 1.70 3.68 8.32 7.76 8.26 8.63 8.56
CCIL T Bill Liquidity Weight 0.55 0.04 0.10 0.36 0.91 1.88 4.15 4.15 4.46 4.78 4.71
Debt: Ultra Short Duration 0.71 0.03 0.10 0.54 1.30 2.99 6.52 6.19 6.99 7.85 7.98
Rank within category 3 7 4 4 3 4 3 2 3 3 3
Number of funds in category 28 29 29 28 27 26 24 17 17 15 12

As on 20-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.56 (29-Mar-2016 - 05-Apr-2016) -0.44 (09-Jul-2013 - 16-Jul-2013)
Month 1.39 (20-Aug-2013 - 19-Sep-2013) -0.11 (24-Jun-2013 - 24-Jul-2013)
Quarter 3.22 (24-Jul-2013 - 23-Oct-2013) 0.75 (13-May-2004 - 12-Aug-2004)
Year 10.73 (24-Jul-2013 - 24-Jul-2014) 4.00 (12-Nov-2003 - 11-Nov-2004)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.38 0.65 2.62 4.20 1.52 4.16
CCIL T Bill Liquidity Weight 4.06 0.27 -6.06 -10.48 -- --
Debt: Ultra Short Duration 6.14 1.64 1.35 3.07 1.48 2.85
Rank within category 2 10 7 8 14 4
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-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 157 175 114 40
Modified Duration (yrs) 0.45 0.54 0.31 0.36
Average Maturity (yrs) 0.51 0.61 0.34 0.43
Yield to Maturity (%) 6.18 8.44 5.98 6.22

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down Indusind Bank 26/03/2020 Certificate of Deposit A1+ 0.00 - 4.05 3.43
equal 8.39% Rajasthan State 15/03/2020 State Development Loan SOV 0.00 - 3.49 3.17
up Tata Power 146-D 18/03/2020 Commercial Paper A1+ 0.00 - 2.86 2.86
equal 7.42% Power Finance Corp. 26/06/2020 Debenture AAA 1.37 - 3.16 2.70
equal Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 2.78 2.55
equal Reliance Retail Ltd. 97-D 09/03/2020 Commercial Paper A1+ 0.00 - 2.66 2.44
equal 6.25% Indusind Bank 26/03/2020 Fixed Deposits -- 0.00 - 2.52 2.30
equal Tata Power 180-D 17/06/2020 Commercial Paper A1+ 0.00 - 2.45 2.25
up 6.90% REC 30/06/2022 Debenture AAA 0.00 - 1.87 1.87
equal 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 2.09 1.63
new HDFC 120-D 15/05/2020 Commercial Paper A1+ 0.00 - 1.56 1.56
new 7.80% GOI 2020 Central Government Loan SOV 0.00 - 1.45 1.45
equal Hinduja Leyland Finance 26/06/2020 Debenture AA- 1.44 - 1.83 1.44
equal Reliance Industries 180-D 18/05/2020 Commercial Paper A1+ 0.00 - 1.54 1.42
equal Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 1.52 1.40
up 8.70% HDFC 18/05/2020 Debenture AAA 0.00 - 1.33 1.33
new National Bank Agr. Rur. Devp 151-D 22/06/2020 Commercial Paper A1+ 0.00 - 1.27 1.27
new 9.11% LIC Housing Fin. 19/06/2020 Non Convertible Debenture AAA 0.00 - 1.19 1.19
equal 8.52% HDFC 28/05/2020 Non Convertible Debenture AAA 0.00 - 1.30 1.19
equal 1.50% HDFC 29/06/2020 Debenture AAA 0.00 - 1.40 1.18
equal 7.24% REC 21/10/2021 Debenture AAA 0.00 - 1.27 1.16
new 7.52% LIC Housing Fin. 2020 Debenture AAA 0.00 - 1.16 1.16
new 6.77% HDFC 28/06/2021 Non Convertible Debenture AAA 0.00 - 1.15 1.15
equal National Bank Agr. Rur. Devp 23/04/2020 Certificate of Deposit A1+ 0.00 - 1.31 1.14
new Axis Bank 29/04/2020 Certificate of Deposit A1+ 0.00 - 1.14 1.14

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-Jan-2020

Fund Manager

— Kaustubh Gupta since 15-Jul-2011

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:

Invest Online
0.03%

Change from previous, NAV as on 20-Feb-2020

Growth: ₹ 395.7708

Dividend Weekly: ₹ 100.4939

Dividend Daily: ₹ 100.5662

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: 16-Apr-2003
Return Since Launch: 7.80%
Benchmark: CRISIL Ultra ST Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 17,355 Cr (As on 31-Jan-2020)
Expense: 0.36% (As on 31-Jan-2020)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily18-Feb-20200.0206

 17-Feb-20200.0039
 14-Feb-20200.0413
 13-Feb-20200.0155
 12-Feb-20200.0188
 11-Feb-20200.0107
 10-Feb-20200.0192
 07-Feb-20200.0426
 06-Feb-20200.0325
 05-Feb-20200.0579
 04-Feb-20200.0115
 03-Feb-20200.0167
 31-Jan-20200.0459
 30-Jan-20200.0116
 29-Jan-20200.0109
 28-Jan-20200.0102
 27-Jan-20200.0114
 24-Jan-20200.0361
 23-Jan-20200.0211
 22-Jan-20200.0206
 21-Jan-20200.0180
 20-Jan-20200.0122
 17-Jan-20200.0379
 16-Jan-20200.0167
 15-Jan-20200.0091
Dividend Weekly14-Feb-20200.1068

 07-Feb-20200.1644
 31-Jan-20200.0804
 24-Jan-20200.1097
 17-Jan-20200.0703
 10-Jan-20200.0967
 03-Jan-20200.1123
 27-Dec-20190.0629
 20-Dec-20190.0906
 13-Dec-20190.0784
 06-Dec-20190.0581
 29-Nov-20190.0991
 22-Nov-20190.1018
 15-Nov-20190.1043
 08-Nov-20190.0619
 01-Nov-20190.1231
 25-Oct-20190.0928
 18-Oct-20190.1329
 11-Oct-20190.1190
 04-Oct-20190.1752
 27-Sep-20190.0654
 20-Sep-20190.0255
 13-Sep-20190.1135
 06-Sep-20190.1186
 30-Aug-20190.1237
Dividend Fortnightly11-Feb-20110.0307

 28-Jan-20110.0281
 14-Jan-20110.0345
 28-Dec-20100.0266
 14-Dec-20100.0249
 29-Nov-20100.0238
 15-Nov-20100.0309
 28-Oct-20100.0229
 14-Oct-20100.0257
 28-Sep-20100.0225
 14-Sep-20100.0200
 30-Aug-20100.0153
 16-Aug-20100.0216
 28-Jul-20100.0178
 14-Jul-20100.0201
 28-Jun-20100.0141
 14-Jun-20100.0184
 28-May-20100.0149
 14-May-20100.0178
 28-Apr-20100.0145
 15-Apr-20100.0201
 29-Mar-20100.0133
 15-Mar-20100.0114
 02-Mar-20100.0110
 15-Feb-20100.0155
Dividend Monthly11-Feb-20110.0307

 28-Jan-20110.0533
 31-Dec-20100.0587
 26-Nov-20100.0451
 29-Oct-20100.0543
 24-Sep-20100.0386
 27-Aug-20100.0327
 30-Jul-20100.0406
 25-Jun-20100.0306
 28-May-20100.0289
 30-Apr-20100.0390
 26-Mar-20100.0259
 26-Feb-20100.0259
 29-Jan-20100.0305
 29-Dec-20090.0271
 27-Nov-20090.0266
 30-Oct-20090.0360
 25-Sep-20090.0273
 28-Aug-20090.0280
 31-Jul-20090.0390
 26-Jun-20090.0305
 29-May-20090.0416
 24-Apr-20090.0311
 30-Mar-20090.0434
 27-Feb-20090.0434

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

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