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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 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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(₹)
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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 1.27 0.01 0.12 -0.03 0.65 1.68 3.70 5.73 6.50 7.13 7.84
CCIL T Bill Liquidity Weight 0.59 0.04 0.04 -0.01 0.29 0.85 1.92 2.78 3.34 3.74 4.29
Debt: Ultra Short Duration 1.05 0.01 0.08 -0.01 0.57 1.41 3.29 4.72 5.19 5.91 7.04
Rank within category 2 4 1 17 5 3 4 2 2 2 2
Number of funds in category 27 27 27 27 27 27 27 21 14 14 13

As on 20-May-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 3.70 5.73 6.50 0.49% 16,314
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
 May-99 3.18 5.02 6.03 0.49% 14,144
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
 Sep-18 3.28 5.19 -- 0.64% 14,076
ICICI Prudential Ultra Short Term Fund  | Invest Now
5 star
 May-11 3.59 5.62 6.32 0.87% 13,266
IDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
 Jul-18 3.11 4.89 -- 0.43% 4,695

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 5.82 0.84 2.73 6.96 1.06 3.01
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Ultra Short Duration 4.80 1.07 1.54 4.68 1.09 2.01
Rank within category 2 17 1 5 5 2
Number of funds in category 21 21 21 21 21 21

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 133 163 123 41
Modified Duration (yrs) 0.49 0.62 0.47 0.35
Average Maturity (yrs) 0.50 0.64 0.48 0.38
Yield to Maturity (%) 5.04 5.04 4.06 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 28/10/2024 Debenture AAA 0.00 - 4.07 3.69
equal Reliance Retail Ventures 164-D 29/07/2022 Commercial Paper A1+ 0.00 - 3.36 3.03
equal Reliance Retail Ventures 172-D 30/08/2022 Commercial Paper A1+ 0.00 - 3.35 3.02
equal National Bank Agr. Rur. Devp 2023 Commercial Paper A1+ 0.00 - 3.40 2.65
equal 4.75% Axis Bank 30/06/2022 Fixed Deposits -- 0.00 - 2.73 2.45
equal Reserve Bank of India 182-D 08/09/2022 Treasury Bills SOV 0.00 - 2.68 2.42
equal Reliance Retail Ventures 173-D 12/09/2022 Commercial Paper A1+ 0.00 - 2.67 2.41
equal Indusind Bank 2022 Certificate of Deposit A1+ 0.00 - 2.35 2.12
new Bharti Enterprises 230-D 14/12/2022 Commercial Paper A1+ 0.00 - 1.87 1.87
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 4.55 1.82
equal Can Fin Homes 361-D 27/09/2022 Commercial Paper A1+ 0.00 - 2.00 1.80
equal SIDBI 23/03/2023 Commercial Paper A1+ 0.00 - 1.95 1.76
equal Shriram Transport Finance Company 16/06/2023 Non Convertible Debenture AA+ 0.00 - 1.92 1.72
new Indusind Bank 20/10/2022 Certificate of Deposit A1+ 0.00 - 1.65 1.65
equal Reliance Industries 21/09/2023 Debenture AAA 0.00 - 1.76 1.58
equal Tata Realty and Infrastructure 146-D 22/06/2022 Commercial Paper A1+ 0.00 - 1.69 1.52
new Tata Steel 120-D 18/08/2022 Commercial Paper A1+ 0.00 - 1.51 1.51
equal HDFC 30/09/2024 Debenture AAA 0.00 - 1.67 1.51
equal Indusind Bank 13/09/2022 Certificate of Deposit A1+ 0.00 - 1.67 1.51
equal Tata Capital Financial Services 222-D 28/09/2022 Commercial Paper A1+ 0.00 - 1.67 1.50
equal IDFC First Bank 2023 Certificate of Deposit A1+ 0.00 - 1.64 1.48
up National Bank Agr. Rur. Devp 14/02/2023 Commercial Paper A1+ 0.00 - 1.47 1.47
equal 8.21% Haryana State 31/03/2023 State Development Loan SOV 1.25 - 1.62 1.45
equal 8.24% Gujarat State 25/04/2023 State Development Loan SOV 0.00 - 1.48 1.32
equal SIDBI 2023 Commercial Paper A1+ 0.00 - 1.47 1.32

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-Apr-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
0.01%

Change from previous, NAV as on 20-May-2022

Growth: ₹ 441.0013

IDCW Weekly: ₹ 100.3141

IDCW Daily: ₹ 100.0271

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: 7.46%
Benchmark: NIFTY Ultra Short Duration Debt Index B-I
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 16,314 Cr (As on 30-Apr-2022)
Expense: 0.49% (As on 30-Apr-2022)
Risk Grade: Below Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily20-May-20220.0135

 19-May-20220.0208
 18-May-20220.0269
 17-May-20220.0564
 12-May-20220.0056
 11-May-20220.0045
 10-May-20220.0392
 09-May-20220.0176
 02-May-20220.0391
 29-Apr-20220.0118
 28-Apr-20220.0069
 27-Apr-20220.0061
 26-Apr-20220.0144
 25-Apr-20220.0445
 22-Apr-20220.0113
 21-Apr-20220.0242
 20-Apr-20220.0344
 19-Apr-20220.0484
 18-Apr-20220.0741
 12-Apr-20220.0203
 11-Apr-20220.0463
 07-Apr-20220.0174
 06-Apr-20220.0168
 05-Apr-20220.0168
 04-Apr-20220.0446
IDCW Weekly20-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
 17-Dec-20210.0464
 10-Dec-20210.0853
 03-Dec-20210.0564
 26-Nov-20210.0403
 22-Nov-20210.1171
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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