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Unrated

Aditya Birla Sun Life Interval Income Quarterly Series I Inst


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five 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.

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:

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 2.14 0.01 0.05 0.26 0.82 1.59 4.08 5.33 5.43 6.47 7.24
CCIL T Bill Liquidity Weight 2.24 0.03 0.04 0.17 0.63 1.78 3.66 4.05 4.25 4.79 4.78
Debt: FMP 2.33 0.01 0.05 0.24 0.82 1.77 4.33 5.91 6.49 7.26 7.64

As on 13-Aug-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 Interval Income Quarterly Series I Inst  | Invest Online
Unrated
Aug-07 4.08 5.33 5.43 -- 1

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.49 (17-Aug-2009 - 24-Aug-2009) -2.05 (19-May-2017 - 26-May-2017)
Month 1.63 (14-Aug-2009 - 15-Sep-2009) -1.70 (16-May-2017 - 15-Jun-2017)
Quarter 2.86 (08-Aug-2013 - 08-Nov-2013) -0.74 (10-Apr-2017 - 10-Jul-2017)
Year 10.15 (11-Jan-2008 - 12-Jan-2009) 3.21 (24-Feb-2009 - 24-Feb-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.25 1.02 0.03 0.02 -0.20 -0.21
CCIL T Bill Liquidity Weight 4.03 0.29 -4.08 -7.51 -- --
Debt: FMP 5.81 0.66 1.11 1.90 0.50 1.18

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

As on 31-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- 4
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 31-Jul-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 13-Aug-2020

Dividend: ₹ 10.0723


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 (₹) 1,00,000
Minimum Addl Investment (₹) --
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: 7.16%
Benchmark: CRISIL Liquid
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 1 Cr (As on 31-Jul-2020)
Expense: -- (As on )
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend26-May-20200.0007

 22-May-20200.0700
 24-Feb-20200.0009
 20-Feb-20200.0795
 25-Nov-20190.0009
 22-Nov-20190.0918
 23-Aug-20190.1103
 27-May-20190.0011
 24-May-20190.1261
 25-Feb-20190.0013
 22-Feb-20190.1212
 22-Nov-20180.0127
 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
 20-Feb-20170.0023
 17-Feb-20170.1023
 21-Nov-20160.0012

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

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