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3 star

Aditya Birla Sun Life Overnight Fund - Regular Plan


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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.

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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 0.18 0.01 0.06 0.25 0.71 1.46 3.17 -- -- -- --
CCIL T Bill Liquidity Weight 0.09 0.03 0.04 0.15 0.50 1.08 3.01 -- -- -- --
Debt: Overnight 0.18 0.01 0.06 0.25 0.72 1.48 3.21 -- -- -- --
Rank within category 7 16 13 7 20 23 19 -- -- -- --
Number of funds in category 30 30 30 30 30 30 29 3 3 3 3

As on 22-Jan-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 Overnight Fund - Regular Plan  | Invest Online
3 star
Nov-18 3.17 -- -- 0.15 6,459
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.27 -- -- 0.12 6,472
Nippon India Overnight Fund - Regular Plan
4 star
Dec-18 3.24 -- -- 0.19 5,456
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.26 4.92 5.69 0.12 5,341
DSP Overnight Fund - Regular Plan  | Invest Online
5 star
Jan-19 3.37 -- -- 0.19 2,217

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.14 (03-Nov-2018 - 11-Nov-2018) 0.01 (26-Mar-2020 - 02-Apr-2020)
Month 0.52 (03-Nov-2018 - 04-Dec-2018) 0.18 (23-Mar-2020 - 22-Apr-2020)
Quarter 1.56 (03-Nov-2018 - 03-Feb-2019) 0.66 (23-Mar-2020 - 22-Jun-2020)
Year 5.84 (03-Nov-2018 - 04-Nov-2019) 3.16 (23-Jan-2020 - 22-Jan-2021)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.78 0.34 -2.89 -5.80 -- --
Debt: Overnight* 4.76 0.38 -0.08 -0.19 0.57 0.55
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-Dec-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- 1 1 --
Modified Duration (yrs) 0.00 0.01 0.00 --
Average Maturity (yrs) 0.00 0.01 0.00 --
Yield to Maturity (%) 2.15 4.95 2.15 --
Avg Credit Rating Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Others CBLO -- - 83.60

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-Dec-2020

Fund Manager

— Kaustubh Gupta since 30-Oct-2018

Education: Mr. Gupta is a B.Com and a Chartered Accountant.

Experience: Prior to joining Birla Sun Life AMC he has worked with ICICI Bank.

Funds Managed:


0.01%

Change from previous, NAV as on 25-Jan-2021

Growth: ₹ 1,103.7379

Dividend Weekly: ₹ 1,000.2705

More

Dividend Monthly: ₹ 1,002.2846

Dividend Daily: ₹ 1,000.0200


Investment Strategy

The scheme seeks to generate reasonable income through investments in debt securities, Money Market Instruments & CBLO/Tri-party Repo having maturity of 1 day.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 5,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Nov-2018
Return Since Launch: 4.52%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 6,459 Cr (As on 31-Dec-2020)
Expense: 0.15% (As on 31-Dec-2020)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily23-Jan-20210.1672

 21-Jan-20210.0830
 20-Jan-20210.0832
 19-Jan-20210.0840
 18-Jan-20210.0829
 17-Jan-20210.0834
 16-Jan-20210.1653
 14-Jan-20210.0821
 13-Jan-20210.0764
 12-Jan-20210.0801
 11-Jan-20210.0821
 10-Jan-20210.0852
 09-Jan-20210.1689
 07-Jan-20210.0839
 06-Jan-20210.0838
 05-Jan-20210.0856
 04-Jan-20210.0772
 03-Jan-20210.0765
 02-Jan-20210.1489
 31-Dec-20200.0722
 30-Dec-20200.0710
 29-Dec-20200.0777
 28-Dec-20200.0796
 27-Dec-20200.0804
 26-Dec-20200.2505
Dividend Weekly21-Jan-20210.5818

 14-Jan-20210.5744
 07-Jan-20210.5556
 31-Dec-20200.3004
 27-Dec-20200.8284
 17-Dec-20200.5646
 10-Dec-20200.5521
 03-Dec-20200.5193
 26-Nov-20200.4869
 19-Nov-20200.4589
 12-Nov-20200.5048
 05-Nov-20200.3011
 01-Nov-20200.7796
 22-Oct-20200.5450
 15-Oct-20200.5726
 08-Oct-20200.3371
 04-Oct-20200.8326
 24-Sep-20200.5851
 17-Sep-20200.5746
 10-Sep-20200.5549
 03-Sep-20200.5349
 27-Aug-20200.5412
 20-Aug-20200.5600
 13-Aug-20200.5726
 06-Aug-20200.5614
Dividend Monthly27-Dec-20202.4667

 26-Nov-20201.7531
 01-Nov-20203.0706
 24-Sep-20202.2514
 27-Aug-20202.2370
 30-Jul-20202.7919
 25-Jun-20202.1668
 28-May-20202.7406
 23-Apr-20201.7483
 26-Mar-20202.3074
 27-Feb-20202.6469
 30-Jan-20203.1423
 26-Dec-20192.5423
 28-Nov-20193.2738
 24-Oct-20192.6324
 26-Sep-20192.8207
 29-Aug-20193.6025
 25-Jul-20193.0251
 27-Jun-20193.0572
 30-May-20193.9877
 25-Apr-20193.2490
 28-Mar-20194.1686
 21-Feb-20193.3976
 24-Jan-20193.4340
 27-Dec-20183.4169

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

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