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5 star

Aditya Birla Sun Life Money Manager Fund

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Debt: Money Market

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1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

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.

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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 5.35 0.01 0.08 0.34 1.30 4.32 7.20 7.75 7.61 8.03 8.35
CCIL T Bill Liquidity Weight 2.45 0.02 0.02 0.17 0.56 1.65 3.48 4.01 4.19 4.68 4.76
Debt: Money Market 4.38 0.01 0.07 0.28 1.03 3.35 6.21 6.97 7.19 7.71 8.07
Rank within category 1 6 4 3 1 2 2 1 3 2 1
Number of funds in category 19 20 20 20 20 20 19 13 13 13 12

As on 18-Sep-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 Money Manager Fund  | Invest Online
5 star
 Oct-05 7.20 7.75 7.61 0.34 9,969
HDFC Money Market Fund  | Invest Online
4 star
 Nov-99 7.21 7.55 7.39 0.35 10,759
ICICI Prudential Money Market Fund  | Invest Now
4 star
 Mar-06 6.90 7.48 7.42 0.33 9,757
Nippon India Money Market Fund  | Invest Online
4 star
 Jun-05 6.67 7.53 7.43 0.25 5,991
Franklin India Savings Fund - Retail Plan  | Invest Online Now
5 star
 Feb-02 6.87 7.51 7.71 0.28 1,308

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.73 (24-Mar-2020 - 31-Mar-2020) -9.57 (29-Apr-2007 - 06-May-2007)
Month 2.55 (24-Mar-2020 - 23-Apr-2020) -9.17 (13-Apr-2007 - 13-May-2007)
Quarter 4.17 (24-Mar-2020 - 24-Jun-2020) -8.31 (29-Apr-2007 - 29-Jul-2007)
Year 9.97 (12-Aug-2011 - 13-Aug-2012) -2.93 (02-Aug-2006 - 02-Aug-2007)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.53 0.56 4.26 11.64 0.78 3.31
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Debt: Money Market 6.81 0.80 2.97 6.99 0.79 2.59
Rank within category 1 8 4 3 7 2
Number of funds in category 15 15 15 15 15 15

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

As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 74 84 58 34
Modified Duration (yrs) 0.45 0.80 0.32 0.36
Average Maturity (yrs) 0.45 0.80 0.32 0.33
Yield to Maturity (%) 3.98 6.57 3.98 3.67

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal LIC Housing Fin. 361-D 22/01/2021 Commercial Paper A1+ 0.00 - 6.97 5.93
equal Reliance Industries 362-D 25/01/2021 Commercial Paper A1+ 0.00 - 4.66 3.96
equal Reliance Jio Infocomm 364-D 02/02/2021 Commercial Paper A1+ 0.00 - 4.06 3.21
new Reliance Retail Ventures 200-D 15/03/2021 Commercial Paper A1+ 0.00 - 2.95 2.95
equal ICICI Bank 31/12/2020 Certificate of Deposit A1+ 0.00 - 4.04 2.73
equal Larsen & Toubro 270-D 15/12/2020 Commercial Paper A1+ 0.00 - 3.02 2.58
equal Axis Bank 24/12/2020 Certificate of Deposit A1+ 0.00 - 3.53 2.48
equal Hero FinCorp 337-D 23/12/2020 Commercial Paper A1+ 0.00 - 2.91 2.48
new IDFC First Bank 16/02/2021 Certificate of Deposit A1+ 0.00 - 2.46 2.46
equal Larsen & Toubro 305-D 15/03/2021 Commercial Paper A1+ 0.00 - 2.86 2.46
equal Reliance Industries 364-D 10/03/2021 Commercial Paper A1+ 0.00 - 2.89 2.46
equal Adani Ports and Special Economic Zone 234-D 15/03/2021 Commercial Paper A1+ 0.00 - 2.28 2.21
equal Federal Bank 2021 Certificate of Deposit A1+ 0.00 - 2.43 2.06
equal Axis Bank 18/12/2020 Certificate of Deposit A1+ 0.00 - 2.11 2.04
equal Bajaj Housing Finance 366-D 28/01/2021 Commercial Paper A1+ 0.00 - 2.32 1.98
equal Reliance Jio Infocomm 365-D 09/02/2021 Commercial Paper A1+ 0.00 - 2.85 1.97
equal Hero FinCorp 365-D 10/02/2021 Commercial Paper A1+ 0.00 - 2.31 1.97
equal National Bank Agr. Rur. Devp 327-D 10/03/2021 Commercial Paper A1+ 0.00 - 2.30 1.97
equal Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 3.15 1.97
equal Tata Power 272-D 25/03/2021 Commercial Paper A1+ 0.00 - 2.07 1.94
equal Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 2.45 1.79
equal Federal Bank 19/01/2021 Certificate of Deposit A1+ 0.00 - 2.04 1.73
equal SIDBI 25/02/2021 Certificate of Deposit A1+ 0.00 - 2.04 1.73
equal HDFC 360-D 05/02/2021 Commercial Paper A1+ 0.00 - 1.91 1.63
equal Reliance Industries 364-D 02/03/2021 Commercial Paper A1+ 0.00 - 2.20 1.63

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-2020

Fund Manager

— Kaustubh Gupta since 15-Jul-2011

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.

Funds Managed:

— Mohit Sharma since 01-Apr-2017

Education: Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).

Experience: He has around 10 years of experience of which 7 years is in financial markets. He joined Birla Sun AMC in October 2015. Prior to joining Birla AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).

Funds Managed:

Invest Online
0.01%

Change from previous, NAV as on 18-Sep-2020

Growth: ₹ 278.9348

Dividend Weekly: ₹ 100.4678

DIvidend Daily: ₹ 100.4673

Investment Strategy

The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.

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: 10-Oct-2005
Return Since Launch: 7.96%
Benchmark: NIFTY Money Market
Riskometer: Low
Type: Open-ended
Assets: ₹ 9,969 Cr (As on 31-Aug-2020)
Expense: 0.34% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
DIvidend Daily17-Sep-20200.0111

 16-Sep-20200.0146
 15-Sep-20200.0219
 14-Sep-20200.0209
 11-Sep-20200.0468
 10-Sep-20200.0141
 09-Sep-20200.0141
 08-Sep-20200.0255
 07-Sep-20200.0225
 04-Sep-20200.0497
 02-Sep-20200.0118
 01-Sep-20200.0204
 31-Aug-20200.0270
 28-Aug-20200.0548
 27-Aug-20200.0122
 25-Aug-20200.0227
 24-Aug-20200.0167
 21-Aug-20200.0474
 20-Aug-20200.0095
 19-Aug-20200.0481
 18-Aug-20200.0357
 17-Aug-20200.0114
 14-Aug-20200.0509
 11-Aug-20200.0230
 10-Aug-20200.0082
Dividend Weekly18-Sep-20200.1155

 11-Sep-20200.1264
 04-Sep-20200.1136
 28-Aug-20200.0995
 21-Aug-20200.1601
 14-Aug-20200.0745
 07-Aug-20200.1382
 31-Jul-20200.0844
 24-Jul-20200.1508
 17-Jul-20200.0985
 10-Jul-20200.1456
 03-Jul-20200.1317
 26-Jun-20200.1203
 19-Jun-20200.1150
 12-Jun-20200.1613
 05-Jun-20200.0532
 29-May-20200.1770
 22-May-20200.1457
 15-May-20200.1165
 08-May-20200.1709
 04-May-20200.0719
 24-Apr-20200.2649
 17-Apr-20200.2304
 13-Apr-20200.0418
 03-Apr-20200.2496

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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