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Aditya Birla Sun Life Interval Income Quarterly Series I


1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Analyst's Choice?

Suitability:

Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from 3 months to 5 years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

If you are looking to invest for a defined tenure during which you are sure you will not need to redeem your money, you may consider investing in an FMP of a matching duration. But avoid them if your investment horizon is more than 3 years. We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. That makes FMPs unsuitable.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 1.03 0.01 0.01 0.21 0.96 2.09 5.35 6.37 6.64 7.38 7.82
CCIL T Bill Liquidity Weight 1.14 0.00 0.08 0.41 1.05 1.92 4.11 4.16 4.43 4.77 4.74
Debt: FMP 1.11 0.03 0.05 0.28 1.04 2.25 5.08 6.30 6.84 7.47 7.74
Rank within category 11 18 17 10 11 12 10 12 17 15 6
Number of funds in category 23 23 23 23 23 23 23 23 23 23 20

As on 07-Apr-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.49 (17-Aug-2009 - 24-Aug-2009) 0.00 (30-Jul-2009 - 06-Aug-2009)
Month 1.63 (14-Aug-2009 - 15-Sep-2009) 0.08 (15-Jul-2009 - 14-Aug-2009)
Quarter 3.06 (08-Aug-2013 - 08-Nov-2013) 0.44 (18-May-2009 - 17-Aug-2009)
Year 10.33 (26-Jul-2013 - 28-Jul-2014) 3.89 (24-Feb-2009 - 24-Feb-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.23 0.37 1.81 2.99 0.10 0.82
CCIL T Bill Liquidity Weight 4.07 0.27 -5.49 -9.70 -- --
Debt: FMP 6.15 0.55 1.53 2.68 0.32 1.08
Rank within category 11 15 12 12 10 14
Number of funds in category 23 23 23 23 23 23

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

As on 31-Mar-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- 5
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

The underlying data is unavailable.

As on 29-Feb-2020

Fund Manager

— 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:


0.01%

Change from previous, NAV as on 07-Apr-2020

Growth: ₹ 25.4664

Dividend: ₹ 10.0336


Investment Strategy

The scheme seeks to generate returns and reduce interest rate volatility by investing in a portfolio of fixed income securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0.5%

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 29-Aug-2007
Return Since Launch: 7.69%
Benchmark: CRISIL Liquid
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 3 Cr (As on 29-Feb-2020)
Expense: 0.18% (As on 30-Sep-2019)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend24-Feb-20200.0009

 20-Feb-20200.0795
 25-Nov-20190.0009
 22-Nov-20190.0918
 23-Aug-20190.1104
 27-May-20190.0011
 24-May-20190.1262
 25-Feb-20190.0013
 22-Feb-20190.1212
 22-Nov-20180.1266
 21-Aug-20180.0026
 20-Aug-20180.1372
 22-May-20180.0026
 21-May-20180.1291
 16-Feb-20180.1001
 20-Nov-20170.0012
 17-Nov-20170.1002
 21-Aug-20170.0012
 18-Aug-20170.1029
 22-May-20170.0011
 19-May-20170.1589
 20-Feb-20170.0023
 17-Feb-20170.1023
 21-Nov-20160.0012
 18-Nov-20160.1080

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: 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

5 ways to deal with market panic

dateFriday, 20-Mar-2020
time12:30 PM - 01:00 PM

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