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5 star

Aditya Birla Sun Life Savings Fund

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Debt: Ultra Short Duration

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1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Ultra Short Duration debt funds invest in bonds maturing in three to six months. 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 over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. 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 three months maturity, from the one that invests in bonds maturing in three to six 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 a year in a Liquid fund.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is 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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(₹)
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 1.76 0.01 0.11 0.38 1.26 1.96 5.45 7.30 7.41 7.88 8.43
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 4.62
Debt: Ultra Short Duration 1.48 0.01 0.12 0.31 0.95 1.65 3.91 5.57 5.93 6.62 7.66
Rank within category 4 7 2 3 2 4 3 2 2 2 2
Number of funds in category 27 28 28 28 27 27 26 17 14 14 12

As on 11-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 Savings Fund  | Invest Online
5 star
 Nov-01 5.45 7.30 7.41 0.51 18,100
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
 Sep-18 4.68 -- -- 0.64 16,735
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
 May-99 4.13 6.65 6.75 0.49 12,864
Kotak Savings Fund Regular Plan  | Invest Online
4 star
 Aug-04 4.10 6.49 6.73 0.77 11,759
ICICI Prudential Ultra Short Term Fund  | Invest Now
4 star
 May-11 5.62 7.13 7.37 0.97 9,949

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 4.00 12-Nov-2003 - 11-Nov-2004

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.11 0.82 3.45 6.72 0.94 3.54
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Ultra Short Duration 5.41 1.70 1.57 2.93 1.16 2.01
Rank within category 2 9 2 1 5 2
Number of funds in category 16 16 16 16 16 16

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 163 169 124 41
Modified Duration (yrs) 0.52 0.53 0.45 0.33
Average Maturity (yrs) 0.55 0.59 0.50 0.38
Yield to Maturity (%) 4.28 5.11 3.76 3.75
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 8.79% GOI 2021 Central Government Loan SOV 0.18 - 13.75 13.75
up 8.30% Reliance Industries 2022 Debenture AAA 0.92 - 3.08 3.08
equal 4.92% Citicorp Finance 28/09/2022 Debenture AAA 0.00 - 3.11 2.77
new Tata Motors 185-D 29/10/2021 Commercial Paper A1+ 0.00 - 2.72 2.72
new Reliance Industries 87-D 06/08/2021 Commercial Paper A1+ 0.00 - 2.33 2.33
new Panatone Finvest 277-D 11/02/2022 Commercial Paper A1+ 0.00 - 2.14 2.14
equal Axis Bank 23/08/2021 Certificate of Deposit A1+ 0.00 - 2.14 1.92
equal 8.83% GOI 25/11/2023 Central Government Loan SOV 0.00 - 2.12 1.85
equal 6.90% REC 30/06/2022 Debenture AAA 1.81 - 3.00 1.81
equal 6.32% REC 31/12/2021 Debenture AAA 1.57 - 2.50 1.76
new Kotak Mahindra Bank 2021 Bills Rediscounting -- 0.00 - 1.38 1.38
equal IDFC First Bank 22/09/2021 Certificate of Deposit A1+ 0.00 - 1.37 1.37
new 8.21% Haryana State 31/03/2023 State Development Loan SOV 0.00 - 1.35 1.35
new IDFC First Bank 2022 Certificate of Deposit A1+ 0.00 - 1.34 1.34
equal 9.50% Muthoot Finance 2022 Debenture AA+ 0.00 - 1.50 1.33
equal 7.24% REC 21/10/2021 Debenture AAA 1.26 - 1.95 1.26
equal Reliance Industries 153-D 09/09/2021 Commercial Paper A1+ 0.00 - 1.23 1.23
equal 10.02% Cholamandalam Invest. & Fin. 28/11/2021 Debenture AA+ 0.00 - 1.38 1.22
equal 8.18% Haryana State 15/06/2022 State Development Loan SOV 0.00 - 1.58 1.21
equal 8.48% Karnataka State 17/10/2022 State Development Loan SOV 0.00 - 1.33 1.17
equal 4.85% Bajaj Housing Finance 2022 Debenture AAA 0.00 - 1.24 1.10
equal National Bank Agr. Rur. Devp 164-D 30/07/2021 Commercial Paper A1+ 0.00 - 1.23 1.10
equal Jamnagar Utilities and Power 168-D 09/08/2021 Commercial Paper A1+ 0.00 - 1.23 1.10
equal Axis Bank 17/09/2021 Certificate of Deposit A1+ 0.00 - 1.22 1.09
equal Cholamandalam Invest. & Fin. 361-D 14/03/2022 Commercial Paper A1+ 0.00 - 1.19 1.07

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

— Kaustubh Gupta since 15-Jul-2011

Education: Mr. Gupta is a B.Com and a Chartered Accountant.

Experience: Prior to joining Aditya Birla Sun Life AMC he has worked with ICICI Bank.

Funds Managed:

— 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
0.01%

Change from previous, NAV as on 11-Jun-2021

Growth: ₹ 426.5168

IDCW Weekly: ₹ 100.6659

IDCW Daily: ₹ 100.6842

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
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: 7.66%
Benchmark: CRISIL Ultra ST Debt TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 18,100 Cr (As on 31-May-2021)
Expense: 0.51% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily10-Jun-20210.0107

 09-Jun-20210.0215
 08-Jun-20210.0264
 07-Jun-20210.0117
 04-Jun-20210.0414
 03-Jun-20210.0167
 02-Jun-20210.0192
 01-Jun-20210.0047
 31-May-20210.0066
 28-May-20210.0211
 27-May-20210.0286
 25-May-20210.0179
 24-May-20210.0119
 21-May-20210.0333
 20-May-20210.0204
 19-May-20210.0127
 18-May-20210.0059
 17-May-20210.0202
 14-May-20210.0241
 12-May-20210.0169
 11-May-20210.0113
 10-May-20210.0213
 07-May-20210.0227
 06-May-20210.0082
 05-May-20210.0061
IDCW Weekly11-Jun-20210.1118

 04-Jun-20210.0684
 28-May-20210.0918
 21-May-20210.0834
 14-May-20210.0722
 07-May-20210.0617
 30-Apr-20210.1340
 23-Apr-20210.1112
 16-Apr-20210.0555
 09-Apr-20210.0505
 05-Apr-20210.1814
 26-Mar-20210.1536
 19-Mar-20210.0721
 12-Mar-20210.0762
 05-Mar-20210.0649
 26-Feb-20210.0374
 22-Feb-20210.1405
 12-Feb-20210.0794
 29-Jan-20210.0684
 22-Jan-20210.0128
 08-Jan-20210.0803
 01-Jan-20210.0691
 28-Dec-20200.1006
 18-Dec-20200.0582
 11-Dec-20200.0851
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

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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