VR Logo

4 star

Aditya Birla Sun Life Income Fund


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

Medium to Long Duration debt funds invest mainly in bonds maturing in four to seven years. They aim to earn better returns than 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 may experience some degree of volatility in response to changes in interest rates.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.

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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.36 0.02 0.24 1.23 2.02 5.38 6.51 10.18 7.26 8.59 8.33
VR Bond* 1.82 0.02 0.25 1.09 1.21 2.73 3.73 7.13 6.06 7.07 7.35
Debt: Medium to Long Duration* 2.06 0.01 0.19 1.03 1.59 3.90 4.81 7.84 6.19 7.58 7.71
Rank within category* 2 4 5 5 2 1 2 1 5 4 5
Number of funds in category* 14 14 14 14 14 14 14 14 14 14 14

As on 17-Sep-2021

* As on 19-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Income Fund  | Invest Online
4 star
Oct-95 6.51 10.18 7.26 0.80 2,518
ICICI Prudential Bond Fund  | Invest Now
4 star
Aug-08 5.30 9.44 7.46 1.20 2,792
Kotak Bond Fund - Regular Plan  | Invest Online
4 star
Nov-99 5.89 9.39 6.62 1.73 2,274
SBI Magnum Income Fund  | Invest Online
5 star
Nov-98 6.30 9.93 8.18 1.46 1,700
IDFC Bond Fund Income Plan - Regular Plan
3 star
Jul-00 4.49 9.54 7.33 1.97 673

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 9.48 3.64 1.49 2.39 1.50 1.45
VR Bond 6.70 2.11 1.26 1.76 -- --
Debt: Medium to Long Duration 7.35 3.52 1.19 1.96 1.18 0.18
Rank within category 1 10 4 4 11 4
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-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 75 75 59 21
Modified Duration (yrs) 4.66 5.58 3.42 4.14
Average Maturity (yrs) 6.25 8.11 4.53 5.92
Yield to Maturity (%) 6.02 6.64 5.56 5.57
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 10.54 10.54
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 6.15 6.15
up 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 5.16 5.16
up 7.59% GOI 2026 GOI Securities SOV 0.00 - 4.91 4.91
up 7.27% GOI 2026 GOI Securities SOV 0.08 - 5.08 4.06
down 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 9.02 3.37
down 5.15% GOI 2025 GOI Securities SOV 0.00 - 4.76 3.15
equal 7.56% Uttar Pradesh State 2027 State Development Loan SOV 0.00 - 5.99 2.94
equal 7.75% MRPL 29/01/2030 Non Convertible Debenture AAA 2.68 - 5.55 2.68
down 7.17% GOI 2028 GOI Securities SOV 0.00 - 7.14 2.10
down 8.60% GOI 2028 Central Government Loan SOV 0.00 - 4.95 2.02
new 6.85% National Bank Agr. Rur. Devp 21/03/2031 Debenture AAA 0.00 - 2.00 2.00
new 7.09% Food Corporation of India 13/08/2031 Non Convertible Debenture AAA 0.00 - 1.99 1.99
equal 8.28% GOI 21/09/2027 Central Government Loan SOV 0.00 - 2.83 1.99
new HDFC 29/05/2026 Debenture AAA 0.00 - 1.78 1.78
equal 8.37% Nat. Highways Authority 21/01/2029 Debenture AAA 1.51 - 3.12 1.51
equal 7.16% Maharashtra State 28/09/2026 State Development Loan SOV 0.00 - 2.06 1.46
equal 9.46% Power Finance Corporation 2026 Bonds AAA 1.44 - 2.97 1.44
equal 7.61% Tamilnadu State 15/02/2027 State Development Loan SOV 0.00 - 2.58 1.27
equal 7.18% Tamilnadu State 26/07/2027 State Development Loan SOV 0.00 - 1.76 1.24
equal 8.58% Housing & Urban Development Corporation 14/02/2029 Debenture AAA 1.10 - 2.28 1.10
equal 7.92% West Bengal State 15/03/2027 State Development Loan SOV 0.00 - 1.51 1.07
equal 7.65% Tamilnadu State 2027 State Development Loan SOV 0.00 - 2.16 1.06
equal 7.95% REC 2027 Bonds AAA 1.06 - 2.17 1.06
equal 7.59% Gujarat State 15/02/2027 State Development Loan SOV 0.00 - 2.15 1.06

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-Aug-2021

Fund Manager

— Bhupesh Bameta since 06-Aug-2020

Education: Mr. Bameta has done B.Tech (IIT Kanpur), CFA Charterholder (CFA Institute, USA)

Experience: Prior to joining Aditya Birla Sun Life Mutual Fund as an Analyst, Fixed Income. He was the Head of Research in Forex and Rates Desk at Edelweiss Securities Limited, covering global and Indian forex markets and economies. He was also associated with Quant Capital for 6 years as an Economist and was covering Indian and global economy and markets.

Funds Managed:


0.02%

Change from previous, NAV as on 17-Sep-2021

Growth: ₹ 101.3385

IDCW Quarterly: ₹ 13.5530

More

IDCW: ₹ 12.6210

Discipline Advantage Plan: ₹ 25.5674


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
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 21-Oct-1995
Return Since Launch: 9.34%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 2,518 Cr (As on 31-Aug-2021)
Expense: 0.80% (As on 31-Aug-2021)
Risk Grade: Above Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly15-Sep-20210.1697

 15-Jun-20210.1660
 15-Mar-20210.1673
 15-Dec-20200.1665
 15-Sep-20200.2002
 15-Jun-20200.1916
 16-Mar-20200.1360
 16-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
IDCW23-Oct-20200.6300

 25-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: 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

Upcoming Video

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM