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Unrated

Aditya Birla Sun Life Retirement Fund - The 50s Plus - Debt Plan - Direct Plan


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Suitability:

Corporate Bond funds have a narrow mandate of investing mainly in the highest rated corporate bonds.

Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 5.34 0.14 0.52 1.23 3.92 5.10 8.20 -- -- -- --
VR Bond 5.37 -0.04 0.27 0.74 3.20 5.11 7.37 -- -- -- --
Debt: Corporate Bond 7.31 0.06 0.58 2.24 5.78 6.94 11.82 -- -- -- --
Rank within category 20 1 15 20 19 19 20 -- -- -- --
Number of funds in category 20 20 20 20 20 20 20 14 13 10 0

As on 09-Jul-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 Retirement Fund - The 50s Plus - Debt Plan - Direct Plan  | Invest Online
Unrated
Mar-19 8.20 -- -- 0.99 67
HDFC Corporate Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 12.44 9.27 9.32 0.30 18,360
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 12.44 9.26 9.27 0.30 18,059
ICICI Prudential Corporate Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 11.99 8.93 9.05 0.25 12,707
Kotak Corporate Bond Fund - Standard Plan - Direct Plan  | Invest Online
5 star
Jan-13 10.96 9.01 8.93 0.31 4,607

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.41 (24-Mar-2020 - 31-Mar-2020) -1.24 (12-Mar-2020 - 19-Mar-2020)
Month 2.38 (24-Mar-2020 - 23-Apr-2020) -1.07 (20-Feb-2020 - 23-Mar-2020)
Quarter 3.89 (23-Mar-2020 - 22-Jun-2020) 0.56 (23-Dec-2019 - 23-Mar-2020)
Year 8.56 (07-May-2019 - 06-May-2020) 5.97 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 6.73 1.95 0.74 1.57 -- --
Debt: Corporate Bond* 7.71 2.74 1.26 2.52 0.63 1.51
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-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 9 9 8 79
Modified Duration (yrs) 3.01 4.05 1.91 --
Average Maturity (yrs) 4.04 5.40 2.62 --
Yield to Maturity (%) 5.98 7.17 5.98 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 16.15 16.11
equal 6.45% GOI 2029 GOI Securities SOV 0.00 - 15.40 15.40
equal 8.02% BPCL 2024 Debenture AAA 9.06 - 10.68 9.56
equal 8.15% REC 18/01/2021 Bonds/Debentures AAA 8.88 - 10.40 9.18
equal 7.37% GOI 16/04/2023 GOI Securities SOV 4.53 - 5.35 4.81
equal 6.57% GOI 2033 GOI Securities SOV 4.19 - 5.06 4.62
equal 8.39% State Bank of India 25/10/2024 Bonds/Debentures AA+ 2.91 - 3.44 3.00
equal 7.52% REC 2026 Bonds AAA 0.00 - 2.77 2.70
equal 8.55% HDFC 27/03/2029 Debenture AAA 1.53 - 1.79 1.62

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-2020

Fund Manager

— Pranay Sinha since 19-Feb-2019

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).

Funds Managed:


0.14%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 11.1312

Dividend: ₹ 11.1313


Investment Strategy

The Scheme seeks to invests in various debt securities and money market instruments issued by corporates and/or state and central government.

Investment Details

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

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 11-Mar-2019
Return Since Launch: 8.38%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 67 Cr (As on 31-May-2020)
Expense: 0.99% (As on 31-May-2020)
Risk Grade: --
Return Grade: --

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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