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5 star

Aditya Birla Sun Life Corporate Bond Fund


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Suitability:

Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

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 8.89 0.00 0.13 0.64 1.84 9.04 11.22 8.79 8.92 9.26 9.10
VR Bond 5.57 -0.02 0.05 0.52 0.68 3.63 7.23 6.71 7.16 7.86 7.51
Debt: Corporate Bond 7.26 -0.02 0.08 0.56 1.25 7.68 9.73 7.24 7.73 8.54 8.22
Rank within category 2 9 6 6 4 5 4 2 2 -- --
Number of funds in category 20 20 20 20 20 20 20 15 13 10 8

As on 25-Sep-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 Corporate Bond Fund  | Invest Online
5 star
Mar-97 11.22 8.79 8.92 0.45 20,205
HDFC Corporate Bond Fund  | Invest Online
4 star
Jun-10 10.92 8.67 8.95 0.61 21,052
ICICI Prudential Corporate Bond Fund  | Invest Now
4 star
Jun-09 10.43 8.29 8.50 0.60 16,162
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
5 star
Sep-07 9.47 8.48 8.52 0.61 6,586
L&T Triple Ace Bond Fund  | Invest Online
4 star
Mar-97 12.37 9.19 8.36 0.62 4,615

Best & Worst Performance

Best (Period) Worst (Period)
Week 6.44 (11-Dec-2008 - 18-Dec-2008) -8.79 (02-Jan-2009 - 09-Jan-2009)
Month 15.31 (18-Nov-2008 - 18-Dec-2008) -8.46 (02-Jan-2009 - 03-Feb-2009)
Quarter 21.10 (03-Oct-2008 - 02-Jan-2009) -10.17 (05-Jan-2009 - 06-Apr-2009)
Year 25.04 (03-Jan-2008 - 02-Jan-2009) -7.27 (02-Jan-2009 - 04-Jan-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.40 1.80 1.81 3.89 0.63 2.44
VR Bond 6.44 2.10 0.62 1.17 -- --
Debt: Corporate Bond 7.00 2.90 1.00 1.97 0.60 1.08
Rank within category 2 3 2 2 8 2
Number of funds in category 15 15 15 15 15 15

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

As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 234 244 192 80
Modified Duration (yrs) 2.67 3.29 1.20 2.71
Average Maturity (yrs) 3.36 4.45 1.56 3.38
Yield to Maturity (%) 5.60 7.20 5.42 5.50
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.25% Larsen & Toubro 24/04/2023 Non Convertible Debenture AAA 0.00 - 2.68 2.67
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 2.76 2.67
equal 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 0.00 - 2.81 2.42
up 8.24% GOI 15/02/2027 Central Government Loan SOV 1.39 - 2.66 2.34
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 2.43 2.09
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.00 - 2.38 2.07
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 2.23 2.07
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.00 - 2.06 2.06
equal 8.30% Reliance Industries 2022 Debenture AAA 0.26 - 2.86 1.87
up 8.15% GOI 24/11/2026 Central Government Loan SOV 0.00 - 1.84 1.84
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 0.00 - 1.71 1.71
down 6.45% GOI 2029 GOI Securities SOV 0.00 - 4.97 1.68
equal 6.98% Power Finance Corp. 20/04/2023 Non Convertible Debenture AAA 0.00 - 1.81 1.67
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.00 - 1.61 1.61
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.00 - 1.58 1.58
new 8.83% GOI 25/11/2023 Central Government Loan SOV 0.00 - 1.57 1.57
equal 6.90% REC 30/06/2022 Debenture AAA 0.00 - 1.74 1.53
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 0.00 - 1.65 1.50
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 1.44 1.44
equal 7.27% GOI 2026 GOI Securities SOV 0.09 - 3.34 1.39
equal 6.20% Madhya Pradesh State 15/04/2023 State Development Loan SOV 0.00 - 1.30 1.28
up 8.33% GOI 2026 Central Government Loan SOV 0.00 - 1.27 1.27
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 1.26 1.26
up 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 1.24 1.24
equal 7.29% HDB Financial Services 27/07/2023 Debenture AAA 0.00 - 1.33 1.24

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-2020

Fund Manager

— Kaustubh Gupta since 01-Apr-2017

Education: Mr. Gupta is a B.Com and a Chartered Accountant.

Experience: Prior to joining Birla Sun Life AMC he has worked with ICICI Bank.

Funds Managed:

— Maneesh Dangi since 01-Apr-2017

Education: Mr. Dangi is an MBA and FRM.

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


0.00%

Change from previous, NAV as on 25-Sep-2020

Growth: ₹ 83.3843

Dividend Monthly: ₹ 12.2833

Dividend: ₹ 12.7205


Investment Strategy

The scheme seeks to generate optimal returns with high liquidity through active management of the portfolio by investing in High Quality Debt and Money Market Instruments.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 03-Mar-1997
Return Since Launch: 9.41%
Benchmark: NIFTY Corporate Bond TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 20,205 Cr (As on 31-Aug-2020)
Expense: 0.45% (As on 31-Aug-2020)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly15-Sep-20200.0586

 17-Aug-20200.0671
 15-Jul-20200.0598
 15-Jun-20200.0612
 15-May-20200.0581
 15-Apr-20200.0581
 16-Mar-20200.0393
 17-Feb-20200.0459
 15-Jan-20200.0416
 16-Dec-20190.0431
 15-Nov-20190.0429
 15-Oct-20190.0483
 16-Sep-20190.0519
 16-Aug-20190.0535
 15-Jul-20190.0465
 17-Jun-20190.0545
 15-May-20190.0496
 15-Apr-20190.0511
 15-Mar-20190.0493
 15-Feb-20190.0547
 15-Jan-20190.0510
 17-Dec-20180.0560
 15-Nov-20180.0542
 15-Oct-20180.0425
 17-Sep-20180.0488
Dividend25-Feb-20200.5474

 22-Mar-20190.6771
 26-Feb-20180.5634
 22-Sep-20150.4695
 29-Dec-20140.1669
 26-Sep-20140.1169
 05-Sep-20140.5455
54 EA Dividend11-Feb-20110.3953

 11-Feb-20102.1023
 30-Jun-20091.9709
 15-Mar-20040.4000
 15-Sep-20031.0000
 16-Sep-20020.5000
 15-Mar-20020.8200
 17-Sep-20010.6900
 15-Feb-20010.4800
 18-Sep-20000.3100
 16-Mar-20000.6100
 16-Sep-19990.4900
 01-Apr-19990.6000
 06-Oct-19980.6000
 01-Apr-19980.6500
 30-Sep-19970.7000
Dividend Half Yearly15-Mar-20100.2453

 15-Sep-20090.2510
 16-Mar-20090.4467
 15-Sep-20080.2155
 17-Mar-20080.4752
 17-Sep-20070.3758
 15-Mar-20070.3191
 15-Sep-20060.2960
 16-Mar-20060.0908
 15-Mar-20040.4000
 15-Sep-20031.0000
 17-Mar-20030.1000
 16-Sep-20020.5000
 15-Mar-20020.8200
 17-Sep-20010.6900
 15-Feb-20010.4800
 15-Sep-20000.3100
 15-Mar-20000.6100
 15-Sep-19990.5000
 31-Mar-19990.6000
 30-Sep-19980.6000
 31-Mar-19980.6500
 30-Sep-19970.7000
54 EB Dividend15-Mar-20040.4000

 15-Sep-20031.0000
 16-Sep-20020.5000
 15-Mar-20020.8200
 17-Sep-20010.6900
 15-Feb-20010.4800
 18-Sep-20000.3100
 16-Mar-20000.6100
 16-Sep-19990.4900
 01-Apr-19990.6000
 06-Oct-19980.6000
 01-Apr-19980.6500
 01-Oct-19970.7000

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

Last Session

VR Helpline

What to do with your multi-cap funds

dateSaturday, 26-Sep-2020
time12:30 PM - 01:00 PM

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