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3 star

Aditya Birla Sun Life Active Debt Multi-Manager FoF Scheme - Direct Plan


Debt: Dynamic Bond

1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Suitability:

Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending upon where it expects to earn maximum returns, the fund management team decides whether to invest in bonds maturing in a few months time or in the ones maturing several years later. Therefore, they are the most versatile type of debt funds available.

However, like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 6.23 -0.04 -0.27 1.99 4.92 5.88 10.44 7.31 8.67 8.09 --
VR Bond 5.53 -0.07 0.27 0.85 3.24 5.52 7.02 7.03 7.57 7.59 --
Debt: Dynamic Bond 7.34 -0.10 0.47 1.85 5.39 7.40 9.92 7.35 8.79 8.74 --
Rank within category 21 7 29 14 22 22 12 15 14 14 --
Number of funds in category 28 29 29 29 29 28 28 24 23 22 0

As on 14-Jul-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 Active Debt Multi-Manager FoF Scheme - Direct Plan  | Invest Online
3 star
Jan-13 10.44 7.31 8.67 0.10 7
ICICI Prudential All Seasons Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 12.63 8.93 10.71 0.80 3,108
IDFC Dynamic Bond Fund - Direct Plan
4 star
Jan-13 13.69 9.72 10.50 0.98 2,311
SBI Dynamic Bond Fund - Direct Plan
5 star
Jan-13 11.87 9.22 10.50 1.04 1,724
Kotak Dynamic Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 11.81 10.05 10.74 0.45 1,322

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.03 (19-Aug-2013 - 26-Aug-2013) -4.17 (12-Aug-2013 - 19-Aug-2013)
Month 5.34 (19-Aug-2013 - 18-Sep-2013) -5.90 (19-Jul-2013 - 19-Aug-2013)
Quarter 7.52 (12-Sep-2014 - 12-Dec-2014) -8.89 (20-May-2013 - 19-Aug-2013)
Year 17.57 (04-Dec-2015 - 05-Dec-2016) 0.02 (21-May-2013 - 21-May-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.95 2.24 0.74 1.42 0.71 0.63
VR Bond 6.73 1.95 0.74 1.57 -- --
Debt: Dynamic Bond 6.87 3.17 0.65 1.52 1.13 -0.04
Rank within category 18 3 13 14 5 13
Number of funds in category 27 27 27 27 27 27

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 3 3 -- 17
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal IDFC Banking Debt Direct Mutual Fund -- 61.63 - 78.46 78.39
equal Aditya Birla SL Credit Risk Direct-G Mutual Fund -- 12.69 - 32.00 12.69
equal Aditya Birla SL Credit Risk - Segregated Portfolio 1 Direct-G Mutual Fund -- 0.00 - 1.47 1.44

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

— Pranay Sinha since 13-Aug-2018

Education: Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.

Experience: Prior to joining BSLAMC , he has worked with BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).

Funds Managed:


-0.04%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 29.0874

Dividend Quarterly: ₹ 18.2127


Investment Strategy

The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.

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 1% for redemption within 365 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.42%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 7 Cr (As on 30-Jun-2020)
Expense: 0.10% (As on 31-May-2020)
Risk Grade: Low
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly25-Sep-20140.1559

 25-Jun-20140.0312
 20-Mar-20140.0623
 26-Dec-20130.0390
 25-Sep-20130.4286
 04-Sep-20130.2650

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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