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Unrated

Aditya Birla Sun Life Fixed Term Plan - Series OJ (1136 Days) - Regular Plan


1 Lakh

Investment Grown to
₹ 1.10 Lakh

Analyst's Choice?

Suitability:

Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from 3 months to 5 years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

If you are looking to invest for a defined tenure during which you are sure you will not need to redeem your money, you may consider investing in an FMP of a matching duration. But avoid them if your investment horizon is more than 3 years. We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. That makes FMPs unsuitable.

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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(₹)
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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 1.16 0.00 0.10 0.62 1.76 3.70 9.70 -- -- -- --
CCIL T Bill Liquidity Weight* 0.52 -0.03 0.04 0.28 0.83 1.77 4.03 -- -- -- --
Debt: FMP* 1.49 0.06 0.08 0.94 2.07 4.15 8.89 -- -- -- --

As on 20-Feb-2020

* As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.71 (05-Apr-2019 - 12-Apr-2019) -1.62 (17-Sep-2018 - 24-Sep-2018)
Month 1.56 (30-Apr-2019 - 31-May-2019) -2.10 (27-Aug-2018 - 26-Sep-2018)
Quarter 3.54 (01-Mar-2019 - 03-Jun-2019) -1.65 (13-Aug-2018 - 12-Nov-2018)
Year 10.90 (13-Nov-2018 - 13-Nov-2019) 2.17 (10-Nov-2017 - 12-Nov-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 4.06 0.27 -6.06 -10.48 -- --
Debt: FMP* 6.98 1.65 1.01 1.46 3.03 6.18

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

As on

* As on 31-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 16 16 -- 15
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new NTPC 91-D 24/04/2020 Commercial Paper A1+ 0.00 - 11.95 11.95
equal Indiabulls Housing Finance 30/04/2020 Debenture AA+ 0.00 - 10.41 10.41
equal TMF Holdings 15/04/2020 Debenture AA- 0.00 - 10.09 10.09
equal Cholamandalam Invest. & Fin. 30/04/2020 Debenture AA+ 9.96 - 10.04 10.04
equal 7.58% LIC Housing Fin. 28/02/2020 Debenture AAA 8.47 - 9.15 8.47
equal 8.19% Tata Housing Devp. Co. 23/04/2020 Debenture AA 8.19 - 8.77 8.19
equal 9.05% Essel Lucknow Raebareli Toll Roads 31/03/2020 Debenture A 0.00 - 8.07 8.04
equal 8.70% Vedanta 20/04/2020 Debenture AA 7.66 - 8.23 7.66
equal 6.83% Power Finance Corp. 15/04/2020 Bonds AAA 6.44 - 6.88 6.44
equal SIDBI 30/04/2020 Certificate of Deposit A1+ 0.00 - 4.27 4.24
new Indusind Bank 20/04/2020 Certificate of Deposit A1+ 0.00 - 4.01 4.01
new Axis Bank 29/04/2020 Certificate of Deposit A1+ 0.00 - 1.80 1.80
equal Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 1.55 1.54
equal 8.49% HDFC 27/04/2020 Debenture AAA 0.00 - 0.36 0.34
equal 11.00% IL&FS Education and Technology Services 2020 Debenture D 0.00 - 0.28 0.25
equal 8.49% LIC Housing Fin. 28/04/2020 Debenture AAA 0.07 - 0.07 0.07

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

— Mohit Sharma since 14-Mar-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:


0.00%

Change from previous, NAV as on 20-Feb-2020

Growth: ₹ 12.1245

Dividend Quarterly: ₹ 10.8772

Dividend: ₹ 12.1245


Investment Strategy

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.

Tenure (Days) 1136
Maturity date 30-Apr-2020

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 28-Mar-2017
Return Since Launch: 6.87%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly26-Dec-20190.1297

 25-Sep-20190.1293
 25-Jun-20190.1153
 25-Mar-20190.0800
 26-Dec-20180.0527
 25-Sep-20180.0843
 25-Jun-20180.0631
 26-Mar-20180.0638
 26-Dec-20170.0644
 25-Sep-20170.0465

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

Upcoming Video

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dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM