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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
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 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 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 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 a 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 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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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 5.54 0.01 0.10 0.40 1.58 5.52 7.58 7.70 8.07 8.48 8.69
CCIL T Bill Liquidity Weight 2.49 0.02 0.04 0.19 0.54 1.61 3.46 3.99 4.17 4.65 4.76
Debt: Ultra Short Duration 4.18 0.01 0.07 0.29 1.12 3.83 7.74 5.92 6.57 7.29 7.94
Rank within category 2 4 2 3 3 2 2 2 2 2 2
Number of funds in category 27 28 28 28 28 28 25 16 16 15 13

As on 25-Sep-2020

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 7.58 7.70 8.07 0.48 16,218
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
 May-99 6.69 7.44 7.39 0.49 12,635
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
 Sep-18 6.89 -- -- 0.64 11,891
Kotak Savings Fund Regular Plan  | Invest Online
4 star
 Aug-04 6.61 7.14 7.39 0.77 11,176
ICICI Prudential Ultra Short Term Fund  | Invest Now
4 star
 May-11 7.38 7.43 8.00 0.97 6,940

Best & Worst Performance

Best (Period) Worst (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 7.45 0.79 2.94 6.01 0.46 2.85
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Debt: Ultra Short Duration 5.95 1.70 1.60 3.38 0.92 1.89
Rank within category 2 10 4 5 4 6
Number of funds in category 18 18 18 18 18 18

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

As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 165 166 120 37
Modified Duration (yrs) 0.50 0.65 0.31 0.34
Average Maturity (yrs) 0.55 0.74 0.35 0.42
Yield to Maturity (%) 4.52 6.75 4.52 4.50
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 317-D 10/03/2021 Commercial Paper A1+ 0.00 - 4.10 3.56
equal Reliance Industries 263-D 05/03/2021 Commercial Paper A1+ 0.00 - 5.96 3.48
new 8.65% M&M Financial Services 19/03/2021 Debenture AAA 0.00 - 2.80 2.80
new 8.12% GOI 2020 Central Government Loan SOV 0.00 - 2.50 2.50
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 3.17 2.33
equal 8.97% Shriram Transport Finance 15/03/2021 Debenture AA+ 0.00 - 3.06 2.26
equal Indusind Bank 24/02/2021 Certificate of Deposit A1+ 0.00 - 2.84 2.11
equal 6.90% REC 30/06/2022 Debenture AAA 0.00 - 3.00 2.04
equal Export-Import Bank 181-D 14/10/2020 Certificate of Deposit A1+ 0.00 - 2.72 2.00
up 8.70% HDFC 15/12/2020 Debenture AAA 0.00 - 2.31 1.83
new Reliance Retail Ventures 200-D 15/03/2021 Commercial Paper A1+ 0.00 - 1.81 1.81
equal 6.32% REC 31/12/2021 Debenture AAA 0.00 - 4.43 1.67
equal 6.81% Maharashtra State 2020 State Development Loan SOV 0.00 - 2.22 1.61
equal Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 2.03 1.51
equal 9.50% Muthoot Finance 2022 Debenture AA 0.00 - 2.01 1.50
equal 6.95% Reliance Industries 14/12/2020 Debenture AAA 0.00 - 1.98 1.44
equal 7.24% REC 21/10/2021 Debenture AAA 0.00 - 2.04 1.43
up 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 3.83 1.37
new HDFC 363-D 13/01/2021 Commercial Paper A1+ 0.00 - 1.37 1.37
equal 8.18% Haryana State 15/06/2022 State Development Loan SOV 0.00 - 1.58 1.36
equal 8.15% REC 18/01/2021 Bonds/Debentures AAA 0.64 - 1.74 1.27
equal 8.13% Karnataka State 2020 State Development Loan SOV 0.00 - 1.71 1.24
new Reserve Bank of India 182-D 03/12/2020 Treasury Bills SOV 0.00 - 1.22 1.22
new Reliance Industries 133-D 10/12/2020 Commercial Paper A1+ 0.00 - 1.22 1.22
equal L&T Infrastructre Finance 364-D 08/02/2021 Commercial Paper A1+ 0.00 - 1.64 1.21

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-Aug-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
0.01%

Change from previous, NAV as on 25-Sep-2020

Growth: ₹ 413.3382

Dividend Weekly: ₹ 100.7395

Dividend Daily: ₹ 100.8152

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: 27-Nov-2001
Return Since Launch: 7.79%
Benchmark: CRISIL Ultra ST Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 16,218 Cr (As on 31-Aug-2020)
Expense: 0.48% (As on 31-Aug-2020)
Risk Grade: Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily24-Sep-20200.0124

 23-Sep-20200.0155
 22-Sep-20200.0067
 21-Sep-20200.0253
 18-Sep-20200.0374
 17-Sep-20200.0256
 16-Sep-20200.0170
 15-Sep-20200.0262
 11-Sep-20200.0277
 10-Sep-20200.0240
 08-Sep-20200.0101
 04-Sep-20200.0166
 03-Sep-20200.0292
 02-Sep-20200.0232
 01-Sep-20200.0214
 31-Aug-20200.0395
 28-Aug-20200.0696
 27-Aug-20200.0074
 25-Aug-20200.0151
 24-Aug-20200.0115
 21-Aug-20200.0088
 19-Aug-20200.0206
 18-Aug-20200.0154
 17-Aug-20200.0468
 14-Aug-20200.0512
Dividend Weekly25-Sep-20200.0974

 18-Sep-20200.0957
 11-Sep-20200.0166
 04-Sep-20200.1829
 28-Aug-20200.0341
 21-Aug-20200.1288
 14-Aug-20200.1448
 07-Aug-20200.0851
 31-Jul-20200.0953
 24-Jul-20200.0614
 17-Jul-20200.1091
 10-Jul-20200.1436
 03-Jul-20200.1268
 26-Jun-20200.1116
 19-Jun-20200.2927
 12-Jun-20200.1935
 05-Jun-20200.0888
 29-May-20200.1255
 22-May-20200.1801
 15-May-20200.2615
 08-May-20200.2442
 04-May-20200.0159
 24-Apr-20200.1639
 17-Apr-20200.1259
 03-Apr-20200.1979
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: 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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