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Aditya Birla Sun Life Savings Fund download report

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Debt: Ultra Short Duration

Analysts' Choiceunlock it

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.

The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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
Aditya Birla SL Savings-G 1.89 0.04 0.13 0.40 0.77 1.89 3.87 5.62 6.42 7.07 7.78
CCIL T Bill Liquidity Weight 0.91 0.05 0.07 0.27 0.34 0.91 1.99 2.70 3.31 3.68 4.25
Debt: Ultra Short Duration 1.59 0.03 0.11 0.37 0.69 1.59 3.44 4.69 5.14 5.84 6.98
Rank within category 1 2 4 4 5 1 4 3 2 2 2
Number of funds in category 27 27 27 27 27 27 27 22 14 14 13

As on 01-Jul-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 Savings Fund  | Invest Online
4 star
 Nov-01 3.87 5.62 6.42 0.50% 15,213
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
 Sep-18 3.46 5.09 -- 0.64% 13,805
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
 May-99 3.38 4.92 5.99 0.49% 13,494
ICICI Prudential Ultra Short Term Fund  | Invest Now
5 star
 May-11 3.68 5.49 6.24 0.87% 13,152
IDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
 Jul-18 3.33 4.77 -- 0.43% 4,027

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.48 24-Mar-2020 - 31-Mar-2020 -0.87 17-Mar-2020 - 24-Mar-2020
Month 2.00 24-Mar-2020 - 23-Apr-2020 -1.00 25-Feb-2020 - 26-Mar-2020
Quarter 3.85 24-Mar-2020 - 24-Jun-2020 0.13 24-Dec-2019 - 24-Mar-2020
Year 10.73 24-Jul-2013 - 24-Jul-2014 3.66 12-May-2021 - 13-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Aditya Birla SL Savings-G 5.54 0.84 2.41 5.49 1.07 2.91
CCIL T Bill Liquidity Weight 2.69 0.37 -2.20 -4.41 -- --
Debt: Ultra Short Duration* 4.61 0.96 1.27 3.50 1.16 2.09
Rank within category* 3 18 2 3 7 3
Number of funds in category* 22 22 22 22 22 22

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

As on 31-May-2022

* As on 30-Jun-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 129 163 123 39
Modified Duration (yrs) 0.48 0.62 0.47 0.34
Average Maturity (yrs) 0.50 0.64 0.48 0.37
Yield to Maturity (%) 6.09 6.09 4.06 5.40
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 HDFC 28/10/2024 Debenture AAA 0.00 - 4.07 3.96
new IDFC First Bank 31/10/2022 Certificate of Deposit A1+ 0.00 - 3.21 3.21
equal National Bank Agr. Rur. Devp 2023 Commercial Paper A1+ 0.00 - 3.40 2.84
equal 4.75% Axis Bank 30/06/2022 Fixed Deposits -- 0.00 - 2.73 2.63
down Reliance Retail Ventures 172-D 30/08/2022 Commercial Paper A1+ 0.00 - 3.35 2.60
equal Reserve Bank of India 182-D 08/09/2022 Treasury Bills SOV 0.00 - 2.68 2.59
equal Reliance Retail Ventures 173-D 12/09/2022 Commercial Paper A1+ 0.00 - 2.67 2.59
new HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 2.56 2.56
equal Bharti Enterprises 230-D 14/12/2022 Commercial Paper A1+ 0.00 - 2.00 2.00
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 4.55 1.94
equal Can Fin Homes 361-D 27/09/2022 Commercial Paper A1+ 0.00 - 2.00 1.94
equal SIDBI 23/03/2023 Commercial Paper A1+ 0.00 - 1.95 1.88
equal Shriram Transport Finance Company 16/06/2023 Non Convertible Debenture AA+ 1.41 - 1.92 1.85
equal Indusind Bank 20/10/2022 Certificate of Deposit A1+ 0.00 - 1.77 1.77
equal Reliance Industries 21/09/2023 Debenture AAA 0.00 - 1.76 1.70
up 8.54% Maharashtra State 20/03/2023 State Development Loan SOV 0.00 - 1.64 1.64
equal Tata Realty and Infrastructure 146-D 22/06/2022 Commercial Paper A1+ 0.00 - 1.69 1.64
equal Indusind Bank 13/09/2022 Certificate of Deposit A1+ 0.00 - 1.67 1.62
equal HDFC 30/09/2024 Debenture AAA 0.00 - 1.67 1.62
equal Tata Capital Financial Services 222-D 28/09/2022 Commercial Paper A1+ 0.00 - 1.67 1.61
equal IDFC First Bank 2023 Certificate of Deposit A1+ 0.00 - 1.64 1.58
equal 8.21% Haryana State 31/03/2023 State Development Loan SOV 1.25 - 1.62 1.53
new Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 1.45 1.45
equal SIDBI 2023 Commercial Paper A1+ 0.00 - 1.47 1.41
equal 8.24% Gujarat State 25/04/2023 State Development Loan SOV 1.14 - 1.48 1.40

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-2022

Fund Manager

— Kaustubh Gupta since 15-Jul-2011

— Monika Gandhi since 22-Mar-2021

Education: Ms. Gandhi is CA, CAIIB and B.Com.(Hons)

Experience: Prior to joining Aditya Birla Sun life Mutual Fund, she was a Deputy General Manager in IDBI Bank for 13 years wherein she handled project appraisal, credit evaluation and credit monitoring for Large and Mid-Corporates.

— Sunaina da Cunha since 20-Jun-2014

Education: Ms. Cunha is a B.Com (H) and MBA from FMS, Delhi.

Experience: Prior to joining Aditya Birla Sun Life Asset Management Company, she has worked with Aditya Birla Management Corporation Ltd.

Funds Managed:

Invest Online
0.04%

Change from previous, NAV as on 01-Jul-2022

Growth: ₹ 443.6981

IDCW Weekly: ₹ 100.4428

IDCW Daily: ₹ 100.0001

Investment Strategy

The scheme aims to generate regular income from a portfolio of debt and money market instruments, cash and cash equivalents.

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 27-Nov-2001
Return Since Launch: 7.45%
Benchmark: NIFTY Ultra Short Duration Debt Index B-I
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 15,213 Cr (As on 31-May-2022)
Expense: 0.50% (As on 31-May-2022)
Risk Grade: Below Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily30-Jun-20220.0159

 29-Jun-20220.0241
 28-Jun-20220.0088
 27-Jun-20220.0439
 24-Jun-20220.0138
 23-Jun-20220.0178
 22-Jun-20220.0297
 21-Jun-20220.0138
 20-Jun-20220.0599
 17-Jun-20220.0081
 16-Jun-20220.0080
 15-Jun-20220.0023
 13-Jun-20220.0147
 10-Jun-20220.0194
 09-Jun-20220.0199
 08-Jun-20220.0466
 06-Jun-20220.0275
 03-Jun-20220.0141
 02-Jun-20220.0023
 01-Jun-20220.0263
 31-May-20220.0154
 30-May-20220.0351
 27-May-20220.0262
 26-May-20220.0063
 25-May-20220.0033
IDCW Weekly24-Jun-20220.1355

 17-Jun-20220.0332
 10-Jun-20220.0866
 03-Jun-20220.0936
 27-May-20220.1345
 20-May-20220.1180
 13-May-20220.0392
 29-Apr-20220.0840
 22-Apr-20220.1187
 18-Apr-20220.1031
 04-Apr-20220.1445
 25-Mar-20220.0840
 21-Mar-20220.1653
 11-Mar-20220.0681
 04-Mar-20220.0205
 25-Feb-20220.0592
 18-Feb-20220.1091
 11-Feb-20220.1451
 04-Feb-20220.0343
 28-Jan-20220.0479
 21-Jan-20220.0687
 14-Jan-20220.1122
 07-Jan-20220.1044
 31-Dec-20210.0884
 24-Dec-20210.0415
IDCW 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
IDCW 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

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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