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5 star

Aditya Birla Sun Life Savings Fund


Debt: Ultra Short Duration

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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(₹)
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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 4.80 0.01 0.11 0.50 2.72 4.00 7.88 7.72 8.12 8.65 8.71
CCIL T Bill Liquidity Weight 2.20 0.01 0.05 0.18 0.64 1.81 3.71 4.06 4.27 4.78 4.78
Debt: Ultra Short Duration 3.66 0.01 0.08 0.29 1.73 3.02 6.35 6.02 6.67 7.69 7.98
Rank within category 2 8 3 3 2 2 3 2 2 2 2
Number of funds in category 27 28 28 28 28 28 25 16 16 14 12

As on 06-Aug-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 7.88 7.72 8.12 0.45 11,830
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 7.25 -- -- 0.64 10,760
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 7.13 7.57 7.50 0.49 9,750
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 7.00 7.24 7.49 0.76 9,189
IDFC Ultra Short Term Fund - Regular Plan
4 star
Jul-18 6.98 -- -- 0.42 5,768

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 7.51 0.78 2.93 5.80 0.40 2.76
CCIL T Bill Liquidity Weight 4.03 0.29 -4.08 -7.51 -- --
Debt: Ultra Short Duration 6.03 1.68 1.69 4.06 0.91 1.89
Rank within category 2 10 5 7 4 7
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-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 122 175 120 30
Modified Duration (yrs) 0.50 0.65 0.31 --
Average Maturity (yrs) 0.55 0.74 0.35 --
Yield to Maturity (%) 5.11 7.25 5.11 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reliance Industries 263-D 05/03/2021 Commercial Paper A1+ 0.00 - 5.96 5.96
down HDFC 317-D 10/03/2021 Commercial Paper A1+ 0.00 - 3.18 3.18
new Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 3.17 3.17
equal 8.97% Shriram Transport Finance 15/03/2021 Debenture AA+ 0.00 - 3.06 3.06
up 6.90% REC 30/06/2022 Debenture AAA 0.00 - 3.00 3.00
equal Indusind Bank 24/02/2021 Certificate of Deposit A1+ 0.00 - 2.84 2.84
new Export-Import Bank 181-D 14/10/2020 Certificate of Deposit A1+ 0.00 - 2.72 2.72
equal 6.32% REC 31/12/2021 Debenture AAA 0.00 - 4.43 2.50
equal 8.70% HDFC 15/12/2020 Debenture AAA 0.00 - 2.31 2.31
equal 6.81% Maharashtra State 2020 State Development Loan SOV 0.00 - 2.22 2.22
equal HDB Financial Services 20/10/2020 Debenture AAA 0.00 - 2.08 2.08
equal 8.62% HDFC 15/10/2020 Debenture AAA 0.00 - 2.05 2.05
equal Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 2.03 2.03
equal 9.50% Muthoot Finance 2022 Debenture AA 0.00 - 2.01 2.01
equal 6.95% Reliance Industries 14/12/2020 Debenture AAA 0.00 - 1.98 1.98
equal 7.24% REC 21/10/2021 Debenture AAA 0.00 - 2.04 1.95
equal 8.15% REC 18/01/2021 Bonds/Debentures AAA 0.64 - 1.74 1.74
new 8.13% Karnataka State 2020 State Development Loan SOV 0.00 - 1.71 1.71
equal Hero FinCorp 336-D 26/10/2020 Commercial Paper A1+ 0.00 - 1.66 1.66
equal Larsen & Toubro 305-D 15/03/2021 Commercial Paper A1+ 0.00 - 1.64 1.64
equal L&T Infrastructre Finance 364-D 08/02/2021 Commercial Paper A1+ 0.00 - 1.64 1.64
new Cholamandalam Invest. & Fin. 261-D 26/02/2021 Commercial Paper A1+ 0.00 - 1.64 1.64
equal 7.47% Power Finance Corp. 16/09/2021 Bonds AAA 0.00 - 1.62 1.62
equal 7.59% SIDBI 2022 Non Convertible Debenture AAA 0.79 - 1.58 1.58
equal 7.53% M&M Financial Services 30/12/2020 Non Convertible Debenture AAA 0.00 - 1.50 1.50

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 30-Jun-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:


0.01%

Change from previous, NAV as on 06-Aug-2020

Growth: ₹ 410.4536

Dividend Weekly: ₹ 100.8187

Dividend Daily: ₹ 100.8638


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: 7.81%
Benchmark: CRISIL Ultra ST Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 11,830 Cr (As on 30-Jun-2020)
Expense: 0.45% (As on 30-Jun-2020)
Risk Grade: Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily04-Aug-20200.0172

 03-Aug-20200.0172
 31-Jul-20200.0358
 30-Jul-20200.0333
 29-Jul-20200.0385
 28-Jul-20200.0213
 24-Jul-20200.0113
 23-Jul-20200.0164
 22-Jul-20200.0241
 17-Jul-20200.0310
 16-Jul-20200.0179
 15-Jul-20200.0191
 14-Jul-20200.0418
 13-Jul-20200.0170
 10-Jul-20200.0135
 09-Jul-20200.0131
 08-Jul-20200.0203
 07-Jul-20200.0391
 06-Jul-20200.0241
 03-Jul-20200.0605
 02-Jul-20200.0192
 01-Jul-20200.0126
 26-Jun-20200.0232
 25-Jun-20200.0327
 24-Jun-20200.0261
Dividend Weekly31-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
 27-Mar-20200.3681
 06-Mar-20200.0971
 24-Feb-20200.1094
 14-Feb-20200.1068
 07-Feb-20200.1644
 31-Jan-20200.0804
 24-Jan-20200.1097
 17-Jan-20200.0703
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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