Aditya Birla Sun Life Credit Risk Fund - Direct Plan

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Value Research Rating

3 star

Analyst’s Choice

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Riskometer

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Moderately High

₹20.7659 0.02%

As on 14-Jun-2024

Returns

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Calculate SIP Returns of Aditya Birla Sun Life Credit Risk Fund - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderately High risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Aditya Birla Sun Life Credit Risk Fund - 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 Credit Risk Fund - Direct Plan

Assets info

₹927 Cr

Exit Load (Days) info

3.00 (365)

Min. Investment (₹)

100

Min. Withdrawal (₹)

1

Min. SIP Investment (₹)

100

Min. No of Cheques

6

Investment Strategy

The scheme seeks to generate returns by predominantly investing in a portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade.

Suitability

"Credit risk funds invest mainly in bonds which are rated AA or below by credit rating agencies. The lower rating indicates a higher possibility of these bonds defaulting on repayment of investors' money. Therefore, these funds are the riskiest among debt fund categories. But they compensate for this additional risk with a higher return potential as these bonds offer better rates of interest than the highest rated bonds.

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 Credit Risk Fund - Direct Plan

Aditya Birla Sun Life Credit Risk Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in corporate bonds rated AA and below.

Mutual funds can be bought directly from the website of the fund house. For instance, Aditya Birla Sun Life Credit Risk Fund - 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 Credit Risk Fund - Direct Plan is ₹20.7659 as of 18-Jun-2024.

The AUM of Aditya Birla Sun Life Credit Risk Fund - Direct Plan Fund is ₹927 Cr as of 31-May-2024

The riskometer level of Aditya Birla Sun Life Credit Risk Fund - Direct Plan is Moderately High. See More

Company Percentage of Portfolio

GOI Sec 7.18 24/07/2037

9.80

GOI Sec 7.26 06/02/2033

7.10

Century Textiles & Industries Ltd SR XXI Debenture 8.10 25/04/2026

5.39

GOI Sec 7.10 08/04/2034

4.35

Jm Financial Credit Solutions Ltd Debenture 23/07/2024

3.99
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As of 31-May-2024, Aditya Birla Sun Life Credit Risk Fund - Direct Plan had invested 91.82% in Debt, 4.26% in Real Estate and 3.92% in Cash & Cash Eq. See More

Aditya Birla Sun Life Credit Risk Fund - Direct Plan is 9 years 2 months old. It has delivered 8.30% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
8.59%
7.91%
7.69%
7.47%
--
8.30%

No, There is no lock in period in Aditya Birla Sun Life Credit Risk Fund - Direct Plan.

The expense ratio of Aditya Birla Sun Life Credit Risk Fund - Direct Plan is 0.68.

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