1 LakhInvestment Grown to
"Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five 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.
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."
Taxability of earnings:
|CCIL T Bill Liquidity Weight||1.85||0.00||0.04||0.19||0.43||1.06||2.01||3.22||--||--||--|
|Rank within category||170||250||64||92||67||143||159||65||--||--||--|
|Number of funds in category||264||285||283||282||277||267||264||78||3||3||0|
As on 02-Dec-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Aditya Birla Sun Life Fixed Term Plan - Series RD (1293 Days) - Direct Plan||Sep-18||4.12||8.23||--||--||26|
|Kotak FMP Series 252 - 1261 Days - Direct Plan||Nov-18||4.16||--||--||--||1,356|
|HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Direct Plan||Sep-18||8.85||10.08||--||0.25%||797|
|Kotak FMP Series 239 - 1330 Days - Direct Plan||Aug-18||7.64||9.52||--||--||786|
|SBI Fixed Maturity Plan - Series 41 (1498 Days) - Direct Plan||Mar-21||--||--||--||0.15%||757|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||2.34||24-Mar-2020 - 31-Mar-2020||-1.57||12-Mar-2020 - 19-Mar-2020|
|Month||3.17||24-Mar-2020 - 23-Apr-2020||-1.96||20-Feb-2020 - 24-Mar-2020|
|Quarter||5.68||24-Mar-2020 - 24-Jun-2020||-0.28||24-Dec-2019 - 24-Mar-2020|
|Year||12.53||31-Oct-2018 - 31-Oct-2019||4.06||26-Nov-2020 - 26-Nov-2021|
|CCIL T Bill Liquidity Weight||3.18||0.40||-1.54||-4.30||--||--|
|Rank within category||65||34||55||4||32||63|
|Number of funds in category||79||79||79||79||79||79|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Nov-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||13||14||11||16|
|Modified Duration (yrs)||--||--||--||0.50|
|Average Maturity (yrs)||0.39||0.72||0.39||0.57|
|Yield to Maturity (%)||--||--||--||4.15|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Axis Bank 2022||Certificate of Deposit||A1+||0.00 - 11.36||11.35|
|Bajaj Finance 2022||Zero Coupon Bonds||AAA||11.03 - 11.12||11.12|
|8.60% National Bank Agr. Rur. Devp 31/01/2022||Debenture||AAA||9.97 - 11.15||10.48|
|9.35% HDB Financial Services 25/03/2022||Non Convertible Debenture||AAA||9.37 - 10.11||9.37|
|8.81% SIDBI 25/01/2022||Debenture||AAA||9.31 - 10.07||9.31|
|7.27% Power Finance Corporation 22/12/2021||Debenture||AAA||9.25 - 9.87||9.25|
|7.67% L&T Infrastructre Finance 18/03/2022||Non Convertible Debenture||AAA||0.00 - 8.42||8.14|
|8.46% Housing & Urban Development Corporation 15/02/2022||Non Convertible Debenture||AAA||7.77 - 8.38||7.77|
|9.95% Food Corporation of India 2022||Bonds||AAA||0.00 - 4.44||4.30|
|9.18% Gruh Finance 29/03/2022||Non Convertible Debenture||AA||3.87 - 4.15||3.87|
|8.72% Maharashtra State 2022||State Development Loan||SOV||0.00 - 4.13||3.87|
|8.30% Reliance Industries 2022||Debenture||AAA||3.50 - 3.76||3.50|
|9.23% Gujarat State 30/03/2022||State Development Loan||SOV||0.78 - 0.85||0.78|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Oct-2021
*As on 30-Sep-2021
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).
The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.
|Fund House:||Aditya Birla Sun Life Mutual Fund|
|Return Since Launch:||8.32%|
|Benchmark:||CRISIL Composite Bond Index|
|Riskometer:||Low to Moderate|
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
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
Email: [email protected]