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Unrated

Aditya Birla Sun Life Fixed Term Plan - Series SN (1099 Days) - Direct Plan


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.05 Lakh

Suitability:

Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.

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 3.06 0.00 0.06 0.41 1.15 2.66 5.23 -- -- -- --
CCIL T Bill Liquidity Weight 1.48 0.01 0.03 0.17 0.60 1.13 2.20 -- -- -- --
Debt: FMP 3.56 0.00 0.06 0.46 1.21 2.90 5.99 -- -- -- --
Rank within category 239 243 237 167 175 202 220 -- -- -- --
Number of funds in category 306 320 319 316 310 306 306 51 3 3 0

As on 15-Sep-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 Fixed Term Plan - Series SN (1099 Days) - Direct Plan
Unrated
May-19 5.23 -- -- -- 61
Kotak FMP Series 252 - 1261 Days - Direct Plan
Unrated
Nov-18 5.36 -- -- -- 1,349
HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Direct Plan
Unrated
Sep-18 11.18 10.18 -- 0.25 790
Kotak FMP Series 239 - 1330 Days - Direct Plan
Unrated
Aug-18 9.49 9.63 -- -- 780
SBI Fixed Maturity Plan - Series 41 (1498 Days) - Direct Plan
Unrated
Mar-21 -- -- -- 0.15 754

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.57 24-Mar-2020 - 31-Mar-2020 -1.78 12-Mar-2020 - 19-Mar-2020
Month 3.29 24-Mar-2020 - 23-Apr-2020 -2.20 25-Feb-2020 - 26-Mar-2020
Quarter 6.59 26-Mar-2020 - 25-Jun-2020 -0.43 24-Dec-2019 - 24-Mar-2020
Year 12.49 02-Jul-2019 - 01-Jul-2020 4.98 03-Sep-2020 - 03-Sep-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.37 0.39 -1.71 -4.34 -- --
Debt: FMP* 8.05 2.15 2.32 4.44 1.31 4.88
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-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 15 15 -- 15
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --
Avg Credit Rating AAA -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.87% Larsen & Toubro 18/04/2022 Non Convertible Debenture AAA 9.67 - 11.64 11.49
equal LIC Housing Fin. 25/02/2022 Debenture AAA 10.57 - 10.60 10.60
equal 8.58% HDFC 18/03/2022 Debenture AAA 10.00 - 10.74 10.00
equal 8.35% REC 13/03/2022 Debenture AAA 9.99 - 10.72 9.99
equal 9.22% Bajaj Finance 2022 Zero Coupon Bonds AAA 9.90 - 10.63 9.90
equal 7.95% SIDBI 26/04/2022 Debenture AAA 9.68 - 10.38 9.68
equal 8.46% Housing & Urban Development Corporation 15/02/2022 Non Convertible Debenture AAA 7.11 - 9.01 8.47
equal 7.90% National Bank Agr. Rur. Devp 18/04/2022 Non Convertible Debenture AAA 8.33 - 8.92 8.33
equal 8.30% Reliance Industries 2022 Debenture AAA 7.98 - 10.73 7.98
equal 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 3.36 3.28
equal 7.65% Grasim Industries 15/04/2022 Debenture AAA 0.00 - 3.22 3.16
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 2.33 - 2.50 2.33
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 0.96 0.96
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.00 - 0.52 0.50
equal 9.23% Gujarat State 30/03/2022 State Development Loan SOV 0.00 - 0.18 0.17
equal Others CBLO -- - 0.15

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-Aug-2021

Fund Manager

— Mohit Sharma since 26-Apr-2019

Education: Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).

Experience: Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).

Funds Managed:


0.00%

Change from previous, NAV as on 15-Sep-2021

Growth: ₹ 12.2264

IDCW: ₹ 12.2274


Investment Strategy

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.

Investment Details

Tenure (Days) 1099
Maturity date 09-May-2022

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 07-May-2019
Return Since Launch: 8.88%
Benchmark: CRISIL Composite Bond Index
Riskometer: Low to Moderate
Type: Closed-end

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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