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3 star

Aditya Birla Sun Life Overnight Fund - Regular Plan


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.04 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 2.73 0.01 0.05 0.25 0.74 1.46 3.64 -- -- -- --
CCIL T Bill Liquidity Weight 2.74 0.03 0.07 0.27 0.61 1.26 3.37 -- -- -- --
Debt: Overnight 2.77 0.01 0.06 0.25 0.76 1.49 3.68 -- -- -- --
Rank within category 19 28 26 20 25 20 18 -- -- -- --
Number of funds in category 28 30 30 30 30 30 26 3 3 3 3

As on 23-Oct-2020

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 3.64 -- -- 0.22 7,118
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.73 4.90 5.86 0.11 7,024
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.74 -- -- 0.12 5,347
Nippon India Overnight Fund - Regular Plan
4 star
Dec-18 3.72 -- -- 0.19 4,459
DSP Overnight Fund - Regular Plan  | Invest Online
5 star
Jan-19 3.84 -- -- 0.17 1,797

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) 3.62 (24-Oct-2019 - 23-Oct-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.90 0.32 -3.63 -6.95 -- --
Debt: Overnight* 4.93 0.36 -0.41 -0.61 0.43 0.37
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 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- 1 1 --
Modified Duration (yrs) 0.00 0.00 0.00 --
Average Maturity (yrs) 0.00 0.00 0.00 --
Yield to Maturity (%) 3.26 4.95 3.05 --
Avg Credit Rating Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

The underlying data is unavailable.

As on 30-Sep-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:


--

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

Growth: ₹ 1,095.9300

Dividend Weekly: ₹ 1,000.1771

More

Dividend Monthly: ₹ 1,002.4667

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: 4.73%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 7,118 Cr (As on 30-Sep-2020)
Expense: 0.22% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily22-Oct-20200.0782

 21-Oct-20200.0784
 20-Oct-20200.0779
 19-Oct-20200.0772
 18-Oct-20200.0778
 17-Oct-20200.1555
 15-Oct-20200.0776
 14-Oct-20200.0814
 13-Oct-20200.0808
 12-Oct-20200.0822
 11-Oct-20200.0829
 10-Oct-20200.1678
 08-Oct-20200.0833
 07-Oct-20200.0829
 06-Oct-20200.0830
 05-Oct-20200.0881
 04-Oct-20200.0810
 03-Oct-20200.2508
 30-Sep-20200.0814
 29-Sep-20200.0825
 28-Sep-20200.0825
 27-Sep-20200.0832
 26-Sep-20200.1714
 24-Sep-20200.0853
 23-Sep-20200.0833
Dividend Weekly22-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
 30-Jul-20200.5682
 23-Jul-20200.5651
 16-Jul-20200.5273
 09-Jul-20200.5652
 02-Jul-20200.5532
 25-Jun-20200.5009
 18-Jun-20200.5333
 11-Jun-20200.5691
 04-Jun-20200.5617
 28-May-20200.4935
 21-May-20200.5367
 14-May-20200.5245
 07-May-20200.3657
Dividend Monthly24-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
 29-Nov-20183.6410

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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