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Unrated

Aditya Birla Sun Life Fixed Term Plan - Series OW (1245 Days) - Regular Plan


1 Lakh

Investment declined to
₹ 0.99 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 1.93 0.02 0.12 0.95 2.97 6.41 -0.83 -- -- -- --
CCIL T Bill Liquidity Weight 0.53 0.01 0.02 0.29 0.84 1.78 4.06 -- -- -- --
Debt: FMP 1.50 0.01 0.10 0.94 2.00 4.19 8.83 -- -- -- --
Rank within category 119 129 156 339 28 6 608 -- -- -- --
Number of funds in category 712 715 715 714 709 701 623 40 7 0 0

As on 25-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.31 (06-Sep-2019 - 13-Sep-2019) -7.02 (28-May-2019 - 04-Jun-2019)
Month 2.66 (20-Aug-2019 - 19-Sep-2019) -8.20 (03-May-2019 - 04-Jun-2019)
Quarter 4.21 (30-Aug-2019 - 02-Dec-2019) -8.56 (29-Mar-2019 - 28-Jun-2019)
Year 1.30 (12-Jan-2018 - 14-Jan-2019) -12.41 (21-Aug-2018 - 21-Aug-2019)

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
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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 24 24 -- 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
equal 8.50% Vedanta 2021 Debenture AA 12.04 - 13.19 12.58
equal JM Financial Products 30/04/2021 Debenture AA 10.57 - 11.83 11.80
equal 9.18% Power Finance Corp. 15/04/2021 Bonds AAA 0.00 - 11.57 11.44
equal 10.25% Adani Transmission 15/04/2021 Debenture AA+ 9.29 - 10.05 9.45
equal 7.96% Sundaram Finance 29/03/2021 Zero Coupon Bonds AAA 0.00 - 7.67 7.30
equal Axis Bank 17/11/2020 Certificate of Deposit A1+ 0.00 - 5.72 5.68
equal 9.00% M&M Financial Services 19/04/2021 Debenture AAA 5.32 - 5.84 5.55
new 9.51% Jharkand Road Projects Implementation 20/04/2021 Debenture C 0.00 - 5.54 5.54
equal 9.05% Essel Lucknow Raebareli Toll Roads 31/03/2021 Debenture A 0.00 - 5.37 5.34
new SIDBI 13/01/2021 Commercial Paper A1+ 0.00 - 3.79 3.79
equal 6.95% Reliance Industries 14/12/2020 Debenture AAA 0.00 - 3.63 3.46
equal 7.97% Dewan Housing Fin. Corpn. 15/02/2021 Debenture D 0.00 - 2.75 2.58
equal 9.80% IL&FS Tamil Nadu Power 14/03/2021 Debenture D 2.51 - 4.00 2.52
equal ICICI Bank 17/07/2020 Certificate of Deposit A1+ 0.00 - 1.94 1.90
equal 7.07% Reliance Industries 24/12/2020 Bonds/Debentures AAA 0.00 - 1.94 1.85
equal 9.51% Jharkand Road Projects Implementation 20/01/2021 Debenture D 1.59 - 1.73 1.64
equal 10.15% Uttar Pradesh Power Corporation 20/01/2021 Debenture A+ 1.00 - 1.09 1.03
equal 6.98% National Bank Agr. Rur. Devp 30/09/2020 Debenture AAA 0.89 - 0.97 0.92
equal 8.71% HDB Financial Services 18/02/2021 Bonds/Debentures AAA 0.00 - 0.61 0.58
new Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 0.49 0.49
equal 8.36% Power Finance Corp. 2020 Bonds AAA 0.34 - 0.37 0.35
down 9.51% Jharkand Road Projects Implementation 20/04/2021 Debenture D 0.26 - 5.85 0.27
equal 7.70% REC 15/03/2021 Bonds/NCDs AAA 0.22 - 0.24 0.23
equal Sprit Infrapower and Multiventures 30/04/2021 Debenture C 0.00 - 0.00 0.00

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 27-Nov-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:


0.02%

Change from previous, NAV as on 25-Feb-2020

Growth: ₹ 9.6777

Dividend Quarterly: ₹ 9.6127

Dividend: ₹ 9.6777


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) 1245
Maturity date 05-May-2021

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 08-Dec-2017
Return Since Launch: -1.47%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly25-Sep-20180.0488

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

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