1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
This is a fund that invests mainly in bonds whose rate of interest keeps changing with the prevailing interest rates in the economy. Given their investment mandate, such funds are usually less volatile in response to changing interest rates.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.
Taxability of earnings:
|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|
As on 06-Aug-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Aditya Birla Sun Life Floating Rate Fund - Retail Plan | Invest Online||Jun-03||9.16||8.09||8.40||0.28||6,360|
|Nippon India Floating Rate Fund | Invest Online||Aug-04||11.25||7.98||8.17||0.55||11,636|
|HDFC Floating Rate Debt Fund | Invest Online||Oct-07||9.11||7.94||8.13||0.48||10,897|
|Aditya Birla Sun Life Floating Rate Fund | Invest Online||Mar-09||9.16||8.09||8.40||0.36||6,360|
|ICICI Prudential Floating Interest Fund | Invest Now||Nov-05||9.26||7.53||7.90||1.32||6,291|
|Best (Period)||Worst (Period)|
|Week||2.14 (24-Mar-2020 - 31-Mar-2020)||-1.29 (12-Mar-2020 - 19-Mar-2020)|
|Month||2.84 (24-Mar-2020 - 23-Apr-2020)||-1.55 (20-Feb-2020 - 23-Mar-2020)|
|Quarter||5.14 (24-Mar-2020 - 24-Jun-2020)||-0.29 (24-Dec-2019 - 24-Mar-2020)|
|Year||10.35 (26-Jul-2013 - 28-Jul-2014)||4.71 (27-Oct-2003 - 26-Oct-2004)|
|CCIL T Bill Liquidity Weight||4.03||0.29||-4.08||-7.51||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jul-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||126||144||99||77|
|Modified Duration (yrs)||1.23||1.23||0.78||--|
|Average Maturity (yrs)||1.41||1.45||0.93||--|
|Yield to Maturity (%)||4.72||7.02||4.72||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|8.15% GOI 21/12/2020||GOI Securities Floating Rate Bond||SOV||0.00 - 9.06||7.00|
|8.15% REC 18/01/2021||Bonds/Debentures||AAA||2.95 - 4.48||4.40|
|Axis Bank 23/12/2020||Non Convertible Debenture||A1+||0.00 - 4.06||3.94|
|7.17% Nat. Highways Authority 23/12/2021||Non Convertible Debenture||AAA||0.00 - 3.68||3.68|
|7.25% Larsen & Toubro 24/04/2023||Non Convertible Debenture||AAA||0.00 - 2.87||2.87|
|7.25% Bajaj Finance 2020||Debenture||AAA||0.37 - 2.86||2.78|
|Rabo Bank India 27/11/2020||Certificate of Deposit||A1+||0.00 - 2.43||2.36|
|8.26% Uttar Pradesh State 2022||State Development Loan||SOV||0.00 - 1.89||1.83|
|8.54% Bajaj Finance 2022||Debenture||AAA||0.99 - 1.72||1.72|
|6.70% National Bank Agr. Rur. Devp 2022||Debenture||AAA||0.00 - 1.65||1.64|
|Reliance Industries 21/09/2023||Debenture||AAA||0.00 - 1.62||1.62|
|9.68% Export-Import Bank 17/12/2020||Bonds||AAA||0.00 - 1.67||1.61|
|7.06% HDFC 13/12/2021||Non Convertible Debenture||AAA||0.00 - 1.61||1.61|
|7.03% LIC Housing Fin. 28/12/2021||Non Convertible Debenture||AAA||0.00 - 1.62||1.61|
|7.20% Cholamandalam Invest. & Fin. 17/06/2022||Debenture||AA+||0.00 - 1.59||1.59|
|5.05% Indian Oil Corp. 25/11/2022||Debenture||AAA||0.00 - 1.58||1.58|
|HDB Financial Services 20/10/2022||Debenture||AAA||0.00 - 1.61||1.55|
|HDFC 363-D 10/02/2021||Commercial Paper||A1+||0.00 - 1.55||1.53|
|HDFC 317-D 10/03/2021||Commercial Paper||A1+||0.00 - 1.55||1.53|
|HDFC 364-D 25/05/2021||Commercial Paper||A1+||0.00 - 1.51||1.51|
|6.90% REC 30/06/2022||Debenture||AAA||0.00 - 1.38||1.37|
|8.35% REC 13/03/2022||Debenture||AAA||0.84 - 1.25||1.24|
|6.98% National Bank Agr. Rur. Devp 19/09/2022||Debenture||AAA||0.00 - 1.25||1.23|
|6.95% Reliance Industries 15/03/2023||Non Convertible Debenture||AAA||0.00 - 1.98||1.22|
|Tata Power 301-D 23/04/2021||Commercial Paper||A1+||0.00 - 1.19||1.19|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Jun-2020
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.
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).
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The scheme aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, it may also invest a portion of its net assets in fixed rate debt securities and money market instruments.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||1,000|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||500|
|Fund House:||Aditya Birla Sun Life Mutual Fund|
|Return Since Launch:||7.98%|
|Assets:||₹ 6,360 Cr (As on 30-Jun-2020)|
|Expense:||0.28% (As on 28-Feb-2017)|
|Plan||Record Date||Dividend (₹ / Unit)|
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
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
Email: [email protected]