Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan

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  • Debt
  • FMP

Value Research Rating

Unrated

Analyst’s Choice

premium-user

Riskometer

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Low to Moderate

₹31.8982 0.02%

As on 21-Jun-2024

Returns

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Calculate SIP Returns of Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Low to Moderate risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan

Assets info

₹51 Cr

Exit Load (Days) info

--

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

1

Min. SIP Investment (₹)

--

Min. No of Cheques

--

Investment Strategy

The scheme seeks to generate returns and reduce interest rate volatility by investing in a portfolio of fixed income securities.

Suitability

"Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

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."

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • 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.

FAQ for Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan

Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan has a fixed tenure during which your money will remain locked in. It invests in bonds whose maturity is in line with the tenure of the fund. Upon the completion of the stated tenure, the fund will be wound up and money will be returned to investors along with accumulated gains. But they do not guarantee returns or safety of capital.

Mutual funds can be bought directly from the website of the fund house. For instance, Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan fund can be purchased from the website of Aditya Birla Sun Life Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan is ₹31.8982 as of 23-Jun-2024.

The AUM of Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan Fund is ₹51 Cr as of 31-May-2024

The riskometer level of Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan is Low to Moderate. See More

Company Percentage of Portfolio

HDFC Bank Ltd CD 14/08/2024

9.59

Bank Of Baroda CD 20/08/2024

9.58

Julius Baer Capital India Pvt Ltd CP 182-D 27/08/2024

9.54
See More

As of 31-May-2024, Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan had invested 71.29% in Cash & Cash Eq. and 28.71% in Debt See More

Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan is 11 years 4 months old. It has delivered 6.71% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.50%
6.15%
5.32%
5.84%
6.31%
6.71%

No, There is no lock in period in Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan.

The expense ratio of Aditya Birla Sun Life Interval Income Quarterly Series I - Direct Plan is 0.05.

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