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5 star

Aditya Birla Sun Life Corporate Bond Fund


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 1.82 0.02 -0.14 0.39 2.33 2.08 7.13 9.37 8.51 8.77 9.09
VR Bond 0.61 0.05 -0.14 0.08 1.50 0.69 3.25 7.03 6.55 7.13 7.35
Debt: Corporate Bond 1.38 0.03 -0.21 0.32 2.11 1.60 6.13 8.35 7.81 8.03 8.16
Rank within category 3 15 6 7 6 3 4 4 2 -- --
Number of funds in category 20 21 21 21 21 20 19 15 13 11 9

As on 18-Jun-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 Corporate Bond Fund  | Invest Online
5 star
Mar-97 7.13 9.37 8.51 0.46 24,669
HDFC Corporate Bond Fund  | Invest Online
4 star
Jun-10 6.93 9.43 8.53 0.61 26,184
ICICI Prudential Corporate Bond Fund  | Invest Now
5 star
Jun-09 6.59 8.76 8.04 0.58 19,871
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
4 star
Sep-07 6.33 8.35 8.09 0.66 9,646
DSP Corporate Bond Fund - Regular Plan  | Invest Online
4 star
Sep-18 5.15 -- -- 0.51 2,721

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 9.06 1.82 2.62 4.16 0.64 3.14
VR Bond 6.84 2.05 1.24 1.72 -- --
Debt: Corporate Bond 8.24 2.43 1.84 2.94 0.65 2.29
Rank within category 4 4 1 2 9 1
Number of funds in category 14 14 14 14 14 14

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

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 305 306 233 101
Modified Duration (yrs) 2.07 2.76 2.07 2.19
Average Maturity (yrs) 2.64 3.47 2.64 2.75
Yield to Maturity (%) 5.10 5.72 4.87 4.97
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 8.24% GOI 15/02/2027 Central Government Loan SOV 1.97 - 2.73 2.26
equal 7.25% Larsen & Toubro 24/04/2023 Non Convertible Debenture AAA 2.02 - 2.68 2.18
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 2.01 - 2.67 2.16
equal 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 1.84 - 2.44 1.98
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 1.58 - 2.10 1.70
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 1.56 - 2.06 1.68
equal 8.15% GOI 24/11/2026 Central Government Loan SOV 1.54 - 1.88 1.68
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 1.32 - 1.71 1.42
equal 6.98% Power Finance Corporation 20/04/2023 Non Convertible Debenture AAA 1.30 - 1.67 1.41
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 1.05 - 1.58 1.40
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.97 - 1.61 1.33
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.00 - 1.34 1.32
equal 6.90% REC 30/06/2022 Debenture AAA 1.16 - 1.54 1.25
equal 8.83% GOI 25/11/2023 Central Government Loan SOV 0.00 - 1.57 1.24
up 8.28% GOI 21/09/2027 Central Government Loan SOV 1.04 - 1.22 1.22
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 1.13 - 1.51 1.21
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 1.21 1.21
equal 4.50% HDFC 14/12/2022 Debenture AAA 0.00 - 1.16 1.11
equal 6.20% Madhya Pradesh State 15/04/2023 State Development Loan SOV 0.97 - 1.30 1.05
new 5.70% Cholamandalam Investment & Finance Company 2023 Debenture AA+ 0.00 - 1.01 1.01
equal 7.29% HDB Financial Services 27/07/2023 Debenture AAA 0.94 - 1.24 1.01
down 8.33% GOI 2026 Central Government Loan SOV 0.90 - 1.28 1.01
down 7.27% GOI 2026 GOI Securities SOV 0.98 - 1.40 0.98
down 6.79% GOI 15/05/2027 GOI Securities SOV 0.83 - 1.44 0.93
down 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 1.81 0.91

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-2021

Fund Manager

— Kaustubh Gupta since 01-Apr-2017

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

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

Funds Managed:


0.02%

Change from previous, NAV as on 18-Jun-2021

Growth: ₹ 87.2372

IDCW Monthly: ₹ 12.3806

IDCW: ₹ 12.6420


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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 03-Mar-1997
Return Since Launch: 9.32%
Benchmark: NIFTY Corporate Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 24,669 Cr (As on 31-May-2021)
Expense: 0.46% (As on 31-May-2021)
Risk Grade: Below Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly15-Jun-20210.0492

 17-May-20210.0541
 15-Apr-20210.0520
 15-Mar-20210.0472
 15-Feb-20210.0526
 15-Jan-20210.0528
 15-Dec-20200.0476
 17-Nov-20200.0559
 15-Oct-20200.0504
 15-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
IDCW25-Feb-20210.6500

 25-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 IDCW11-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
IDCW 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 IDCW15-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

Investors' Hangout

Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM

Registration Over