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Aditya Birla Sun Life Income Fund

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Debt: Medium to Long Duration

1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Analyst's Choice?

Suitability:

Medium to Long Duration debt funds invest in bonds maturing in 4 to 7 years' time. They aim to earn slightly better returns than inflation and bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

We believe that Aggressive Hybrid funds or Large Cap Equity funds, which invest predominantly in shares, are more suitable alternatives for an investment horizon of 5 years or more because of their ability to earn much higher returns. They witness more severe ups and downs than Medium to Long Duration funds but the possibility of incurring a loss is substantially reduced if you invest for 5 years and above.

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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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cal

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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 3.23 0.25 0.12 2.67 3.26 4.28 12.41 7.60 7.36 7.82 7.96
VR Bond 1.75 0.07 0.37 1.53 2.32 3.35 8.96 6.97 7.16 7.54 7.44
Debt: Medium to Long Duration 1.93 0.21 0.11 1.75 2.34 3.34 9.55 6.22 6.73 7.38 7.64
Rank within category 1 5 7 1 3 8 6 5 6 7 8
Number of funds in category 14 14 14 14 14 14 14 14 14 14 14

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 6.65 (11-Dec-2008 - 18-Dec-2008) -7.47 (02-Jan-2009 - 09-Jan-2009)
Month 17.07 (18-Nov-2008 - 18-Dec-2008) -7.37 (05-Jan-2009 - 04-Feb-2009)
Quarter 21.94 (03-Oct-2008 - 02-Jan-2009) -9.98 (20-May-2013 - 19-Aug-2013)
Year 24.93 (03-Jan-2008 - 02-Jan-2009) -2.93 (02-Jan-2009 - 04-Jan-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.51 3.93 -0.04 -0.06 1.74 -0.78
VR Bond 6.03 2.13 0.17 0.31 -- --
Debt: Medium to Long Duration 4.91 3.55 -0.06 0.05 1.27 -1.22
Rank within category 7 11 7 7 13 7
Number of funds in category 14 14 14 14 14 14

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

As on 31-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 32 55 29 21
Modified Duration (yrs) 6.05 6.05 2.63 5.09
Average Maturity (yrs) 8.26 8.94 3.59 7.31
Yield to Maturity (%) 7.60 8.27 6.46 7.19

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture AAA 0.00 - 9.82 9.82
new 7.65% Bajaj Finance 2025 Debenture AAA 0.00 - 8.72 8.72
new 7.75% MRPL 29/01/2030 Non Convertible Debenture AAA 0.00 - 8.26 8.26
new 7.65% Axis Bank 30/01/2027 Non Convertible Debenture AAA 0.00 - 8.19 8.19
new 7.70% Nat. Highways Authority 13/09/2029 Non Convertible Debenture AAA 0.00 - 6.56 6.56
new 7.93% Power Finance Corp. 31/12/2029 Non Convertible Debenture AAA 0.00 - 5.46 5.46
new 7.33% IRFC 27/08/2027 Debenture AAA 0.00 - 5.45 5.45
new 7.34% Nuclear Power Corpn. 23/01/2030 Debenture AAA 0.00 - 5.42 5.42
new 8.65% Reliance Industries 2028 Non Convertible Debenture AAA 0.00 - 4.54 4.54
new 7.97% LIC Housing Fin. 28/01/2030 Debenture AAA 0.00 - 4.36 4.36
new 8.37% Nat. Highways Authority 21/01/2029 Debenture AAA 0.00 - 3.99 3.99
new 7.92% REC 31/03/2030 Bonds/Debentures AAA 0.00 - 3.81 3.81
new 9.46% Power Finance Corp. 2026 Bonds AAA 0.00 - 3.80 3.80
new 9.05% HDFC 16/10/2028 Debenture AAA 0.00 - 2.93 2.93
new 7.95% REC 2027 Bonds AAA 0.00 - 2.75 2.75
new 7.79% LIC Housing Fin. 18/10/2024 Debenture AAA 0.00 - 2.74 2.74
equal 8.85% REC 16/04/2029 Non Convertible Debenture AAA 0.00 - 2.70 2.30
equal 8.56% REC 29/11/2028 Debenture AAA 1.55 - 2.60 1.71
new 9.45% Power Finance Corp. 2026 Bonds AAA 0.00 - 1.17 1.17
equal 8.24% Power Grid Corporation 14/02/2029 Debenture AAA 1.12 - 4.91 1.16
new 8.47% LIC Housing Fin. 2026 Privately Placed Debts AAA 0.00 - 1.12 1.12
new 8.43% LIC Housing Fin. 2026 Bonds AAA 0.00 - 1.12 1.12
equal 8.38% HUDCO 30/01/2029 Debenture AAA 0.52 - 0.58 0.58
equal 7.68% Madhya Pradesh State 22/03/2023 State Development Loan SOV 0.52 - 0.56 0.56
equal 7.34% Power Grid Corporation 15/07/2034 Debenture AAA 0.00 - 0.54 0.54

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 31-Jan-2020

Fund Manager

— Pranay Sinha since 01-Apr-2017

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:

Invest Online
0.25%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 89.7188

Dividend Quarterly: ₹ 13.1746

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Dividend: ₹ 11.7562

Discipline Advantage Plan: ₹ 22.6349

Investment Strategy

The scheme seeks to generate consistent income through superior yields on its investment at relatively moderate levels of risk through a diversified investment approach.

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: 21-Oct-1995
Return Since Launch: 9.42%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 917 Cr (As on 31-Jan-2020)
Expense: 0.74% (As on 31-Jan-2020)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly16-Dec-20190.1377

 16-Sep-20190.1586
 17-Jun-20190.1609
 15-Mar-20190.1523
 17-Dec-20180.1539
 17-Sep-20180.0912
 15-Jun-20180.1038
 15-Mar-20180.1343
 15-Dec-20170.1391
 15-Sep-20170.2141
 15-Jun-20170.2073
 15-Mar-20170.2129
 15-Dec-20160.2126
 15-Sep-20160.2065
 15-Jun-20160.2040
 15-Mar-20160.2042
 15-Dec-20150.2071
 15-Sep-20150.2082
 15-Jun-20150.2131
 16-Mar-20150.2163
 15-Dec-20140.2032
 15-Sep-20140.2211
 16-Jun-20140.2129
 17-May-20130.3423
 15-Mar-20130.2363
Dividend25-Oct-20190.4898

 31-Oct-20180.5835
 27-Oct-20170.5273

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: 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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time12:30 PM - 01:00 PM

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