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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 1.35 0.01 0.06 0.27 0.78 1.51 2.97 -- -- -- --
CCIL T Bill Liquidity Weight 0.86 0.02 0.05 0.20 0.51 0.97 2.16 -- -- -- --
Debt: Overnight 1.34 0.01 0.06 0.26 0.78 1.51 2.99 -- -- -- --
Rank within category 11 15 13 12 10 11 19 -- -- -- --
Number of funds in category 30 30 30 30 30 30 30 4 3 3 3

As on 11-Jun-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 2.97 -- -- 0.20 10,120
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.05 -- -- 0.10 6,878
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.03 4.62 5.42 0.12 6,077
Nippon India Overnight Fund - Regular Plan
4 star
Dec-18 2.99 -- -- 0.19 5,552
DSP Overnight Fund - Regular Plan  | Invest Online
5 star
Jan-19 3.02 -- -- 0.17 920

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 2.86 23-Mar-2020 - 23-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.52 0.39 -2.00 -4.76 -- --
Debt: Overnight* 4.41 0.39 0.25 1.47 0.64 0.61
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-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- --
Modified Duration (yrs) 0.00 0.01 0.00 --
Average Maturity (yrs) 0.00 0.01 0.00 --
Yield to Maturity (%) 3.30 3.39 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 -- - 0.87

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-May-2021

Fund Manager

— Kaustubh Gupta since 30-Oct-2018

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

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

Funds Managed:


0.01%

Change from previous, NAV as on 13-Jun-2021

Growth: ₹ 1,116.5591

IDCW Weekly: ₹ 1,000.1895

More

IDCW Monthly: ₹ 1,001.3738

IDCW 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 (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Nov-2018
Return Since Launch: 4.31%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 10,120 Cr (As on 31-May-2021)
Expense: 0.20% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily10-Jun-20210.0840

 09-Jun-20210.0839
 08-Jun-20210.0831
 07-Jun-20210.0845
 06-Jun-20210.0843
 05-Jun-20210.1707
 03-Jun-20210.0845
 02-Jun-20210.0848
 01-Jun-20210.0847
 31-May-20210.0845
 30-May-20210.0830
 29-May-20210.1719
 27-May-20210.0853
 26-May-20210.0864
 25-May-20210.0870
 24-May-20210.0864
 23-May-20210.0854
 22-May-20210.1726
 20-May-20210.0859
 19-May-20210.0858
 18-May-20210.0853
 17-May-20210.0853
 16-May-20210.0859
 15-May-20210.1774
 13-May-20210.0857
IDCW Weekly10-Jun-20210.5906

 03-Jun-20210.5899
 27-May-20210.6030
 20-May-20210.6057
 13-May-20210.5954
 06-May-20210.5896
 29-Apr-20210.5851
 22-Apr-20210.5923
 15-Apr-20210.5758
 08-Apr-20210.3183
 04-Apr-20210.8820
 25-Mar-20210.6084
 18-Mar-20210.5935
 11-Mar-20210.5818
 04-Mar-20210.5737
 25-Feb-20210.3048
 21-Feb-20210.6995
 11-Feb-20210.5786
 04-Feb-20210.5800
 28-Jan-20210.5823
 21-Jan-20210.5818
 14-Jan-20210.5744
 07-Jan-20210.5556
 31-Dec-20200.3004
 27-Dec-20200.8284
IDCW Monthly27-May-20212.3960

 29-Apr-20212.9571
 25-Mar-20212.3594
 25-Feb-20212.1651
 28-Jan-20212.5971
 27-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

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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