1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
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:
|CCIL T Bill Liquidity Weight||1.64||0.03||0.06||0.17||0.57||1.12||2.12||--||--||--||--|
|Debt: Credit Risk||8.66||0.06||0.22||2.72||4.13||6.45||10.79||--||--||--||--|
As on 14-Oct-2021
|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||Nov-19||--||--||--||--||162|
|HDFC Credit Risk Debt Fund - Direct Plan | Invest Online||Mar-14||9.69||9.86||8.48||1.08||8,607|
|ICICI Prudential Credit Risk Fund - Direct Plan | Invest Now||Jan-13||8.05||9.59||8.73||0.88||8,053|
|SBI Credit Risk Fund - Direct Plan | Invest Online||Jan-13||6.98||8.22||7.76||0.92||3,380|
|Aditya Birla Sun Life Credit Risk Fund - Direct Plan | Invest Online||Apr-15||8.52||7.35||7.58||1.15||1,451|
|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|
|CCIL T Bill Liquidity Weight*||3.34||0.40||-1.54||-3.94||--||--|
|Debt: Credit Risk*||3.90||7.16||0.82||0.91||-4.84||-3.01|
The Risk Measures have been calculated using calendar month returns for the last three years.
* As on 30-Sep-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||--||--||--||30|
|Modified Duration (yrs)||--||--||--||--|
|Average Maturity (yrs)||--||--||--||--|
|Yield to Maturity (%)||--||--||--||--|
|Avg Credit Rating||Cash||--||--||--|
|The underlying data is unavailable.|
As on 30-Sep-2021
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.
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.
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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.
|Minimum Investment (₹)||100|
|Minimum Addl Investment (₹)||100|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||1|
|Minimum Balance (₹)||--|
|Lock-in Period||Not Applicable|
|Fund House:||Aditya Birla Sun Life Mutual Fund|
|Return Since Launch:||-81.45%|
|Benchmark:||NIFTY Credit Risk Bond Index|
|Assets:||₹ 162 Cr (As on 30-Sep-2021)|
|Expense:||-- (As on )|
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]