VR Logo

5 star

Aditya Birla Sun Life Money Manager Fund


Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. 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.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."

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 3.47 0.01 0.08 0.33 0.85 1.90 3.79 6.34 6.67 7.10 7.80
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 3.25 3.53 4.01 4.49
Debt: Money Market 3.12 0.01 0.07 0.30 0.78 1.72 3.40 5.92 6.19 6.78 7.54
Rank within category 2 4 8 3 2 1 2 2 1 1 1
Number of funds in category 18 20 20 20 19 18 18 14 12 12 12

As on 26-Nov-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 Money Manager Fund  | Invest Online
5 star
Oct-05 3.79 6.34 6.67 0.33% 14,819
HDFC Money Market Fund  | Invest Online
5 star
Nov-99 3.72 6.27 6.48 0.35% 15,828
ICICI Prudential Money Market Fund  | Invest Now
4 star
Mar-06 3.65 6.09 6.46 0.33% 13,305
Tata Money Market Fund - Regular Plan  | Invest Online
4 star
May-03 3.86 6.35 5.00 0.43% 7,126
Axis Money Market Fund - Regular Plan
4 star
Aug-19 3.69 -- -- 0.35% 3,810

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 6.27 0.79 3.06 7.46 1.42 3.27
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Money Market 6.01 0.93 2.51 6.57 1.60 3.12
Rank within category 3 9 2 3 7 3
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-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 88 89 66 45
Modified Duration (yrs) 0.31 0.48 0.31 --
Average Maturity (yrs) 0.31 0.49 0.31 --
Yield to Maturity (%) 4.17 4.17 3.47 --
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
down 8.79% GOI 2021 Central Government Loan SOV 0.00 - 16.30 7.50
equal Panatone Finvest 277-D 11/02/2022 Commercial Paper A1+ 0.00 - 6.06 5.66
equal Reliance Industries 91-D 07/12/2021 Commercial Paper A1+ 0.00 - 4.12 4.03
equal Tata Motors 216-D 30/11/2021 Commercial Paper A1+ 0.00 - 3.61 3.36
equal Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 3.43 3.36
new Sikka Ports and Terminals 243-D 21/06/2022 Commercial Paper A1+ 0.00 - 2.63 2.63
equal LIC Housing Fin. 171-D 20/12/2021 Commercial Paper A1+ 0.00 - 2.40 2.35
equal Sikka Ports and Terminals 157-D 30/12/2021 Commercial Paper A1+ 0.00 - 2.40 2.35
equal 6.10% Karnataka State 2021 State Development Loan SOV 0.00 - 2.08 2.03
equal Chennai Petroleum Corporation 92-D 03/11/2021 Commercial Paper A1+ 0.00 - 2.07 2.02
equal The Federal Bank 2022 Certificate of Deposit A1+ 0.00 - 2.14 2.00
new Ashok Leyland 298-D 15/03/2022 Commercial Paper A1+ 0.00 - 1.99 1.99
new Jamnagar Utilities and Power 243-D 21/06/2022 Commercial Paper A1+ 0.00 - 1.97 1.97
equal National Bank Agr. Rur. Devp 18/02/2022 Commercial Paper A1+ 0.00 - 1.97 1.83
equal SIDBI 25/03/2022 Commercial Paper A1+ 0.00 - 2.11 1.83
equal Panatone Finvest 364-D 30/08/2022 Commercial Paper A1+ 0.00 - 1.83 1.78
equal 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 1.81 1.76
equal HDFC 354-D 29/11/2021 Commercial Paper A1+ 0.00 - 2.53 1.68
equal Jamnagar Utilities and Power 140-D 27/12/2021 Commercial Paper A1+ 0.00 - 1.71 1.68
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 1.79 1.67
equal SIDBI 18/03/2022 Commercial Paper A1+ 0.00 - 1.70 1.66
equal Ashok Leyland 249-D 29/03/2022 Commercial Paper A1+ 0.00 - 1.69 1.66
equal Indusind Bank 15/11/2021 Certificate of Deposit A1+ 0.00 - 1.63 1.52
equal Hindustan Zinc 2021 Commercial Paper A1+ 0.00 - 1.45 1.35
equal LIC Housing Fin. 355-D 14/12/2021 Commercial Paper A1+ 0.00 - 2.02 1.34

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-Oct-2021

Fund Manager

— Anuj Jain since 22-Mar-2021

Education: Mr. Jain is a B.Com (H) from Hansraj College and MBA from Amity Business School.

Experience: Prior to joining Escorts MF he has worked with Mata Securities and DSP Investment Managers.

— Mohit Sharma since 01-Apr-2017

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

Experience: Prior to joining Aditya Birla Sun Life 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:


0.01%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 292.1130

IDCW Weekly: ₹ 100.0770

IDCW Daily: ₹ 100.0200


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 (₹) 500
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: 10-Oct-2005
Return Since Launch: 7.63%
Benchmark: NIFTY Money Market Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 14,819 Cr (As on 31-Oct-2021)
Expense: 0.33% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily26-Nov-20210.0124

 25-Nov-20210.0110
 24-Nov-20210.0104
 23-Nov-20210.0105
 22-Nov-20210.0344
 18-Nov-20210.0126
 17-Nov-20210.0115
 16-Nov-20210.0091
 15-Nov-20210.0353
 12-Nov-20210.0110
 11-Nov-20210.0125
 10-Nov-20210.0118
 09-Nov-20210.0218
 08-Nov-20210.0632
 03-Nov-20210.0182
 02-Nov-20210.0126
 01-Nov-20210.0297
 29-Oct-20210.0024
 26-Oct-20210.0005
 25-Oct-20210.0153
 22-Oct-20210.0088
 21-Oct-20210.0037
 20-Oct-20210.0114
 18-Oct-20210.0289
 14-Oct-20210.0077
IDCW Weekly26-Nov-20210.0443

 22-Nov-20210.1031
 12-Nov-20210.0571
 08-Nov-20210.1238
 29-Oct-20210.0182
 22-Oct-20210.0239
 18-Oct-20210.0999
 08-Oct-20210.0629
 01-Oct-20210.0525
 24-Sep-20210.0464
 17-Sep-20210.0337
 13-Sep-20210.0885
 03-Sep-20210.0833
 27-Aug-20210.0838
 20-Aug-20210.0876
 13-Aug-20210.0896
 06-Aug-20210.0636
 30-Jul-20210.0731
 23-Jul-20210.0803
 16-Jul-20210.0918
 09-Jul-20210.0816
 02-Jul-20210.0809
 25-Jun-20210.0793
 18-Jun-20210.0489
 11-Jun-20210.0800

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

Investors' Hangout

Stocks or Equity Funds for the long term?

DateFriday, 10-Dec-2021
Time12:30 PM - 01:00 PM

attending You have reserved a spot