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Unrated

Aditya Birla Sun Life Credit Risk Fund - Segregated Portfolio 1 - Direct Plan


Debt: Credit Risk

1 Lakh

Investment Grown to
₹ 0.00

₹ 10000

Monthly SIP Grown to
₹ 1.20 Lakh

Suitability:

"Credit risk funds invest mainly in bonds which are rated AA or below by credit rating agencies. The lower rating indicates a higher possibility of these bonds defaulting on repayment of investors' money. Therefore, these funds are the riskiest among debt fund categories. But they compensate for this additional risk with a higher return potential as these bonds offer better rates of interest than the highest rated bonds.

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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -- -- -- --
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 -- -- -- --
Debt: Credit Risk 9.33 0.01 0.10 0.47 3.53 5.76 9.98 -- -- -- --

As on 03-Dec-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 Credit Risk Fund - Segregated Portfolio 1 - Direct Plan  | Invest Online
Unrated
Nov-19 -- -- -- -- 162
HDFC Credit Risk Debt Fund - Direct Plan  | Invest Online
5 star
Mar-14 8.04 9.56 8.15 0.97% 8,757
ICICI Prudential Credit Risk Fund - Direct Plan  | Invest Now
5 star
Jan-13 7.38 9.40 8.55 0.87% 8,304
SBI Credit Risk Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.98 7.92 7.47 0.92% 3,341
Axis Credit Risk Fund - Direct Plan
4 star
Jul-14 7.33 7.55 7.27 0.81% 741

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.22 24-Dec-2019 - 01-Jan-2020 -23.08 27-Mar-2020 - 03-Apr-2020
Month 0.82 06-Dec-2019 - 07-Jan-2020 -26.26 27-Mar-2020 - 27-Apr-2020
Quarter 2.34 26-Nov-2019 - 25-Feb-2020 -26.26 27-Mar-2020 - 26-Jun-2020
Year 0.00 07-Apr-2020 - 07-Apr-2021 -26.24 26-Mar-2020 - 26-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.18 0.40 -1.54 -4.30 -- --
Debt: Credit Risk* 3.80 7.16 0.80 0.92 -5.08 -3.09

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- 29
Modified Duration (yrs) -- -- -- 1.93
Average Maturity (yrs) 0.00 0.00 0.00 2.23
Yield to Maturity (%) -- -- -- 5.72
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 31-Oct-2021

*As on 30-Sep-2021

Fund Manager

— Maneesh Dangi since 25-Nov-2019

Education: Mr. Dangi is an MBA and FRM.

Experience: Prior to joining Aditya Birla Sun Life Asset Management Company he has worked with Pioneer Investcorp.

— Sunaina da Cunha since 25-Nov-2019

Education: Ms. Cunha is a B.Com (H) and MBA from FMS, Delhi.

Experience: Prior to joining Aditya Birla Sun Life Asset Management Company, she has worked with Aditya Birla Management Corporation Ltd.

Funds Managed:


0.00

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 0.4157

IDCW: ₹ 0.3178

Bonus: ₹ 0.4157


Investment Strategy

The scheme seeks to generate returns by predominantly investing in a portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 25-Nov-2019
Return Since Launch: -79.21%
Benchmark: NIFTY Credit Risk Bond Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 162 Cr (As on 31-Oct-2021)
Expense: -- (As on )
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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