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The information and data contained in this Website do not constitute distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of Aditya Birla Sun Life Mutual Fund (ABSLMF), securities or financial instruments in any jurisdiction in which such distribution, sale or offer is not authorised. In particular, the information herein is not for distribution and does not constitute an offer to buy or sell or the solicitation of any offer to buy or sell any securities or financial instruments in the United States of America ("US") and Canada to or for the benefit of United States persons (being persons resident in the US, corporations, partnerships or other entities created or organised in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended) and persons of Canada.
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An Open ended Income scheme with the objective to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of very short maturities with a view to provide reasonable returns.
Total Experience : 9 years
Total Experience : 10 Years
The smart way of managing money is not just about earning more of it but making it work hard for you. Whether you are a salaried individual or a businessman, you always tend to have some idle cash earning low interest in a bank savings account. Aditya Birla Sun Life Cash Manager keeps your money easily accessible and yet offers you the potential to earn more than the interest from a savings bank account. You can withdraw your investment in ABSL Cash Manager at any time without any charge. You can also avail of the direct credit facility to your bank account and the withdrawn amount normally gets credited to your bank within one working day.
ABSL Cash Manager invests your money in highly rated debt market securities, money market instruments of shorter maturities like CBLO and repo. This makes the investment less volatile. The investment strategy of the fund is to provide stable returns by minimising the interest rate risk in the short, as well as, the long term.
The fund restricts its investment to highly rated securities and thus minimises credit or default risk.
(An Open ended Income Scheme)
*Investors should consult their financial advisers if in doubt whether the product is suitable for them
For further details on the Scheme, refer Scheme Information Document and Key Information Memorandum.