1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.04 | -0.01 | -0.03 | 0.08 | 0.84 | 2.42 | 7.21 | 7.56 | 7.49 | 7.77 | 8.10 |
CCIL T Bill Liquidity Weight | 0.09 | 0.03 | 0.04 | 0.15 | 0.50 | 1.08 | 3.01 | 3.80 | 4.01 | 4.43 | 4.70 |
Debt: Low Duration | 0.06 | 0.00 | 0.01 | 0.17 | 0.99 | 2.31 | 5.96 | 5.00 | 5.96 | 6.54 | 7.39 |
Rank within category | 24 | 21 | 24 | 23 | 11 | 9 | 6 | 4 | 5 | 7 | 9 |
Number of funds in category | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 24 | 22 | 20 |
As on 22-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Aditya Birla Sun Life Low Duration Fund | Invest Online | May-98 | 7.21 | 7.56 | 7.49 | 1.22 | 19,972 | |
ICICI Prudential Savings Fund | Invest Now | Sep-02 | 8.19 | 8.12 | 8.09 | 0.55 | 29,895 | |
SBI Magnum Low Duration Fund | Invest Online | Jul-07 | 6.36 | 7.39 | 7.41 | 1.01 | 16,320 | |
Kotak Low Duration Fund - Standard Plan | Invest Online | Mar-08 | 7.40 | 7.72 | 7.84 | 1.15 | 11,678 | |
Axis Treasury Advantage Fund | Oct-09 | 6.93 | 7.68 | 7.54 | 0.61 | 10,144 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 2.08 (24-Mar-2020 - 31-Mar-2020) | -1.18 (12-Mar-2020 - 19-Mar-2020) |
Month | 2.76 (24-Mar-2020 - 23-Apr-2020) | -1.43 (25-Feb-2020 - 26-Mar-2020) |
Quarter | 4.66 (24-Mar-2020 - 24-Jun-2020) | -0.32 (24-Dec-2019 - 24-Mar-2020) |
Year | 10.09 (24-Jul-2013 - 24-Jul-2014) | 4.16 (24-Jun-2009 - 24-Jun-2010) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 7.44 | 0.96 | 2.78 | 6.57 | 0.77 | 3.42 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Low Duration | 5.18 | 4.37 | 1.30 | 2.57 | -0.67 | -0.25 |
Rank within category | 4 | 6 | 5 | 2 | 15 | 5 |
Number of funds in category | 25 | 25 | 25 | 25 | 25 | 25 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 208 | 212 | 110 | 60 |
Modified Duration (yrs) | 0.84 | 1.08 | 0.79 | 0.76 |
Average Maturity (yrs) | 0.95 | 1.30 | 0.91 | 0.89 |
Yield to Maturity (%) | 4.19 | 7.17 | 4.11 | 4.11 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
---|---|---|---|---|---|
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Reserve Bank of India 364-D 29/04/2021 | Treasury Bills | SOV | 0.00 - 4.02 | 4.02 |
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8.35% GOI 2022 | GOI Securities | SOV | 0.00 - 3.98 | 3.98 |
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Reserve Bank of India 2021 | Treasury Bills | SOV | 0.00 - 2.48 | 2.48 |
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National Bank Agr. Rur. Devp 235-D 02/03/2021 | Commercial Paper | A1+ | 0.00 - 3.53 | 2.29 |
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Larsen & Toubro 100-D 25/03/2021 | Commercial Paper | A1+ | 0.00 - 2.11 | 2.11 |
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Reserve Bank of India 182-D 18/03/2021 | Treasury Bills | SOV | 0.00 - 1.99 | 1.99 |
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Axis Bank 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 1.98 | 1.98 |
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HDFC 25/10/2021 | Commercial Paper | A1+ | 0.00 - 2.30 | 1.94 |
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6.22% HDFC 2021 | Debenture | AAA | 0.00 - 2.56 | 1.91 |
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Reserve Bank of India 182-D 04/03/2021 | Treasury Bills | SOV | 0.00 - 1.87 | 1.87 |
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8.97% Shriram Transport Finance 15/03/2021 | Debenture | AA+ | 0.00 - 4.22 | 1.75 |
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Reserve Bank of India 364-D 22/04/2021 | Treasury Bills | SOV | 0.00 - 1.74 | 1.74 |
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7.56% Andhra Pradesh State 14/02/2021 | State Development Loan | SOV | 0.00 - 2.00 | 1.26 |
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6.99% HDFC 25/11/2021 | Non Convertible Debenture | AAA | 0.00 - 1.23 | 1.23 |
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8.83% GOI 25/11/2023 | Central Government Loan | SOV | 0.00 - 1.14 | 1.09 |
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6.90% REC 30/06/2022 | Debenture | AAA | 0.93 - 2.63 | 1.09 |
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8.58% HDFC 18/03/2022 | Debenture | AAA | 0.00 - 1.08 | 1.08 |
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6.74% Cholamandalam Invest. & Fin. 17/08/2021 | Debenture | AA+ | 0.00 - 1.80 | 1.02 |
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4.66% Bajaj Finance 2022 | Debenture | AAA | 0.00 - 1.00 | 1.00 |
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6.32% REC 31/12/2021 | Debenture | AAA | 0.00 - 1.84 | 0.92 |
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8.20% Power Finance Corp. 27/05/2022 | Non Convertible Debenture | AAA | 0.86 - 2.18 | 0.89 |
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7.32% GOI 28/01/2024 | GOI Securities | SOV | 0.02 - 2.41 | 0.88 |
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National Bank Agr. Rur. Devp 28/05/2021 | Commercial Paper | A1+ | 0.00 - 0.86 | 0.86 |
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4.85% Bajaj Housing Finance 2022 | Debenture | AAA | 0.00 - 0.85 | 0.85 |
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8.35% REC 13/03/2022 | Debenture | AAA | 0.80 - 2.05 | 0.84 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— Kaustubh Gupta since 15-Jul-2011
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:
— Mohit Sharma since 01-Apr-2017
Education: Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).
Experience: He has around 10 years of experience of which 7 years is in financial markets. He joined Birla Sun AMC in October 2015. Prior to joining Birla 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:
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The scheme seeks to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of short maturities with a view to provide reasonable returns.
Minimum Investment (₹) | 100 |
Minimum Addl Investment (₹) | 100 |
Minimum SIP Investment (₹) | 100 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 1 |
Minimum Balance (₹) | -- |
Exit Load | 0 |
Fund House: | Aditya Birla Sun Life Mutual Fund |
Launch Date: | 14-May-1998 |
Return Since Launch: | 7.46% |
Benchmark: | NIFTY Low Duration Debt TRI |
Riskometer: | Low to Moderate |
Type: | Open-ended |
Assets: | ₹ 19,972 Cr (As on 31-Dec-2020) |
Expense: | 1.22% (As on 31-Dec-2020) |
Risk Grade: | Below Average |
Return Grade: | Above Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 20-Jan-2021 | 0.0020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 05-Jan-2021 | 0.1356 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fundwire - 16-Aug-2013
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