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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
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 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 0.06 0.00 0.01 0.17 0.92 2.39 6.64 7.59 7.82 8.21 8.60
CCIL T Bill Liquidity Weight 0.09 0.03 0.04 0.15 0.50 1.08 3.01 3.80 4.01 4.43 4.70
Debt: Ultra Short Duration 0.10 0.00 0.03 0.19 0.74 1.79 4.89 5.81 6.36 7.05 7.86
Rank within category 27 25 27 21 5 3 1 2 2 2 2
Number of funds in category 28 28 28 28 28 27 26 15 15 14 12

As on 22-Jan-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 6.64 7.59 7.82 0.48 16,540
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
 May-99 5.58 7.14 7.12 0.49 14,272
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
 Sep-18 6.18 -- -- 0.64 14,228
Kotak Savings Fund Regular Plan  | Invest Online
4 star
 Aug-04 5.52 6.93 7.12 0.76 12,428
ICICI Prudential Ultra Short Term Fund  | Invest Now
4 star
 May-11 6.17 7.37 7.77 0.97 8,558

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 0.78 3.44 7.48 0.73 3.40
CCIL T Bill Liquidity Weight 3.78 0.34 -2.89 -5.80 -- --
Debt: Ultra Short Duration 5.88 1.60 1.75 3.34 1.14 2.23
Rank within category 2 10 2 1 4 2
Number of funds in category 17 17 17 17 17 17

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

As on 31-Dec-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 148 169 120 39
Modified Duration (yrs) 0.48 0.65 0.45 0.36
Average Maturity (yrs) 0.53 0.74 0.51 0.39
Yield to Maturity (%) 3.89 6.66 3.76 4.03
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
new Bank of Baroda 28/05/2021 Certificate of Deposit A1+ 0.00 - 4.47 4.47
equal Reserve Bank of India 182-D 04/03/2021 Treasury Bills SOV 0.00 - 4.21 4.21
equal HDFC 317-D 10/03/2021 Commercial Paper A1+ 0.00 - 4.10 3.54
equal Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 2.99 2.99
equal Reliance Industries 263-D 05/03/2021 Commercial Paper A1+ 0.00 - 5.96 2.86
equal 8.65% M&M Financial Services 19/03/2021 Debenture AAA 0.00 - 3.12 2.72
equal Reserve Bank of India 182-D 11/03/2021 Treasury Bills SOV 0.00 - 2.40 2.40
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 3.17 2.31
equal 8.97% Shriram Transport Finance 15/03/2021 Debenture AA+ 0.00 - 3.06 2.27
equal Reliance Industries 170-D 26/02/2021 Commercial Paper A1+ 0.00 - 2.54 2.26
equal Indusind Bank 24/02/2021 Certificate of Deposit A1+ 0.00 - 2.84 2.11
up 8.83% GOI 25/11/2023 Central Government Loan SOV 0.00 - 2.12 2.07
equal 6.90% REC 30/06/2022 Debenture AAA 1.87 - 3.00 2.00
equal Reliance Retail Ventures 200-D 15/03/2021 Commercial Paper A1+ 0.00 - 2.03 1.80
new Axis Bank 28/05/2021 Certificate of Deposit A1+ 0.00 - 1.79 1.79
equal 6.32% REC 31/12/2021 Debenture AAA 0.00 - 4.43 1.64
equal SAIL 91-D 08/01/2021 Commercial Paper A1+ 0.00 - 1.53 1.51
equal Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 2.03 1.51
new Larsen & Toubro 100-D 25/03/2021 Commercial Paper A1+ 0.00 - 1.50 1.50
equal 9.50% Muthoot Finance 2022 Debenture AA 0.92 - 2.01 1.47
equal 7.24% REC 21/10/2021 Debenture AAA 1.16 - 2.04 1.40
equal 8.30% Reliance Industries 2022 Debenture AAA 1.03 - 3.83 1.34
equal 8.18% Haryana State 15/06/2022 State Development Loan SOV 0.00 - 1.58 1.34
equal 8.48% Karnataka State 17/10/2022 State Development Loan SOV 0.00 - 1.33 1.30
new 7.94% GOI 24/05/2021 Central Government Loan SOV 0.00 - 1.27 1.27

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-Dec-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
0.00%

Change from previous, NAV as on 22-Jan-2021

Growth: ₹ 419.3855

Dividend Weekly: ₹ 100.6798

Dividend Daily: ₹ 100.7201

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: 7.73%
Benchmark: CRISIL Ultra ST Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 16,540 Cr (As on 31-Dec-2020)
Expense: 0.48% (As on 31-Dec-2020)
Risk Grade: Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily21-Jan-20210.0002

 20-Jan-20210.0036
 19-Jan-20210.0265
 07-Jan-20210.0132
 06-Jan-20210.0035
 05-Jan-20210.0126
 04-Jan-20210.0139
 01-Jan-20210.0372
 31-Dec-20200.0255
 30-Dec-20200.0059
 29-Dec-20200.0186
 28-Dec-20200.0191
 24-Dec-20200.0435
 23-Dec-20200.0125
 22-Dec-20200.0127
 21-Dec-20200.0051
 18-Dec-20200.0268
 17-Dec-20200.0108
 16-Dec-20200.0025
 15-Dec-20200.0118
 14-Dec-20200.0067
 11-Dec-20200.0264
 10-Dec-20200.0066
 09-Dec-20200.0103
 08-Dec-20200.0124
Dividend Weekly22-Jan-20210.0128

 08-Jan-20210.0803
 01-Jan-20210.0691
 28-Dec-20200.1006
 18-Dec-20200.0582
 11-Dec-20200.0851
 04-Dec-20200.0266
 27-Nov-20200.1118
 20-Nov-20200.1336
 13-Nov-20200.1071
 06-Nov-20200.0771
 02-Nov-20200.1171
 23-Oct-20200.1032
 16-Oct-20200.1161
 09-Oct-20200.1572
 05-Oct-20200.1683
 25-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
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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