When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.
Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6% of the value of your investment every year.
Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.
Taxability of earnings:
The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.
|VR MIP TRI||-2.83||0.30||2.25||1.32||-1.80||-2.13||0.14||--||--||--||--|
|Hybrid: Conservative Hybrid||-3.03||0.23||1.93||1.61||-3.38||-2.71||-0.52||--||--||--||--|
|Rank within category||1||37||38||27||1||1||2||--||--||--||--|
|Number of funds in category||38||38||38||38||38||37||37||35||32||29||0|
As on 03-Jun-2020
|Best (Period)||Worst (Period)|
|Week||2.01 (24-Mar-2020 - 31-Mar-2020)||-1.79 (12-Mar-2020 - 19-Mar-2020)|
|Month||3.59 (24-Mar-2020 - 23-Apr-2020)||-1.64 (20-Feb-2020 - 23-Mar-2020)|
|Quarter||3.65 (11-Dec-2019 - 11-Mar-2020)||0.59 (23-Dec-2019 - 23-Mar-2020)|
|Year||10.09 (09-May-2019 - 08-May-2020)||6.27 (22-Mar-2019 - 23-Mar-2020)|
|VR MIP TRI*||5.43||6.39||0.01||0.01||--||--|
|Hybrid: Conservative Hybrid*||3.75||6.85||-0.16||-0.09||0.82||-1.67|
|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 31-May-2020
|Number of Stocks||0|
|Number of Bonds||9|
|Average Maturity (yrs)||3.84|
|Top 10 Holdings (%)||72.53|
|Portfolio P/B Ratio *||--|
|Portfolio P/E Ratio *||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|7.27% GOI 2026||GOI Securities||SOV||0.00 - 39.46||35.36|
|8.55% HDFC 27/03/2029||Debenture||AAA||6.98 - 8.74||6.98|
|8.02% BPCL 2024||Debenture||AAA||6.79 - 8.77||6.79|
|8.15% REC 18/01/2021||Bonds/Debentures||AAA||6.68 - 8.61||6.68|
|8.39% State Bank of India 25/10/2024||Bonds/Debentures||AA+||6.52 - 8.47||6.52|
|7.37% GOI 16/04/2023||GOI Securities||SOV||3.53 - 4.38||3.53|
|8.15% REC 2022||Non Convertible Debenture||AAA||0.00 - 3.86||3.35|
|6.57% GOI 2033||GOI Securities||SOV||3.32 - 4.02||3.32|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2020
Education: Mr. Garg is B.E (Electronics) and MBA (Finance).
Experience: Prior to joining Birla Sun Life AMC in 2003 he has worked with Birla Sun Life Securities Ltd.
Education: Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.
Experience: Prior to joining BSLAMC , he has worked with BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).
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The Scheme seeks to invests predominantly in debt and money market instruments with marginal allocation to equity and equity related instruments.
|Minimum Investment (₹)||1,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||--|
|Minimum Balance (₹)||500|
|Fund House:||Aditya Birla Sun Life Mutual Fund|
|Return Since Launch:||9.33%|
|Benchmark:||CRISIL Short Term Debt Hybrid 75+25 Fund|
|Assets:||₹ 30 Cr (As on 30-Apr-2020)|
|Expense:||0.82% (As on 30-Apr-2020)|
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]