Aditya Birla Sun Life Credit Risk Fund

An open ended debt scheme predominantly investing in AA and below rated corporate bonds. A relatively high interest rate risk and relatively high credit risk.
Number of Segregated Portfolios – 1
Data as on 30th September 2024
Fund Details
Investment Objective
The investment objective of the Scheme is to generate returns by predominantly investing in a portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade. The Scheme does not guarantee/indicate any returns. There is no assurance that the objective of the Scheme will be achieved.

Fund Manager
Ms. Sunaina Da Cunha & Mr. Mohit Sharma
Managing Fund Since
April 17, 2015, August 06, 2020
Experience in Managing the Fund
9.5 years, 4.2 years
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load Nil
Exit Load** In respect of each purchase/switch-inof Units, upto 15% of the units may be redeemed / switched out without any exit load from the date of allotment.Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 1 year from the date of allotment - 3.00% of applicable NAV. For redemption /switch-out of units after 1 year but on or before 2 years from the date of allotment - 2.00% of applicable NAV. For redemption / switch-out of units after 2 year but on or before 3 years from the date of allotment - 1.00% of applicable NAV. For redemption /switchout of units after 3 years - Nil **Exit Load is NIL for units issued in Reinvestment of IDCW.
Total Expense Ratio (TER)
Regular 1.54%
Direct 0.67%
Including additional expenses and goods and service tax on management fees.

AUM ₹
Monthly Average AUM 915.66 Crores
AUM as on last day 916.98 Crores
Date of Allotment
April 17, 2015
Benchmark
CRISIL Credit Risk Debt B-II Index
Other Parameters
Modified Duration 2.15 years
Average Maturity 3.38 years
Yield to Maturity 8.16%
Macaulay Duration 2.26 years
Calculation of YTM doesn't include Stressed Assets (ITPCL). Refer the Annexure for Update on Stressed Assets.
NAV of Plans / Options ₹
Regular Plan
Direct Plan
Growth
19.7270
21.4770
IDCW$:
11.7331
12.7899
Bonus:
-
-
$Income Distribution cum capital withdrawal

Application Amount for fresh subscription
₹ 100 (plus in multiplies of ₹ 1)
Min. Addl. Investment
₹ 100 (plus in multiplies of ₹ 1)
SIP
Monthly: Minimum ₹ 100/-
PORTFOLIO
Issuer
% to Net Assets
Rating
Fixed rates bonds - Corporate 61.17%
Century Textiles & Industries Limited 5.44% CRISIL AA
JSW Steel Limited  3.27% ICRA AA
Hinduja Housing Finance Ltd  3.16% CARE AA
Adani Airport Holdings Ltd  2.91% CRISIL A+
Godrej Industries Limited  2.74% ICRA AA
ONGC Petro Additions Limited  2.74% ICRA AA
Tata Projects Limited  2.74% IND AA
Arka Fincap Limited  2.73% CRISIL AA
Avanse Financial Services Ltd  2.73% CARE AA-
ONGC Petro Additions Limited  2.73% ICRA AA
Steel Authority of India Limited  2.73% CARE AA
Adani Energy Solutions Limited  2.73% IND AA+
DLF Home Developers Ltd  2.72% ICRA AA
Delhi International Airport Ltd  2.72% ICRA AA-
Tata Projects Limited  2.72% IND AA
Yes Bank Limited  2.72% CRISIL A+
CreditAccess Grameen Limited  2.25% IND AA-
GIC Housing Finance Limited  2.18% ICRA AA+
JM Financial Products  Limited  2.17% ICRA AA
Phillips Carbon Black Ltd  1.64% CRISIL AA
Eris Lifesciences Limited  1.48% IND AA-
Eris Lifesciences Limited  1.47% IND AA-
Sk Finance Ltd  0.95% CRISIL AA-
Belstar Microfinance Private Limited  0.76% CRISIL AA
Tata Power Company Limited  0.55% CARE AA+
Power Finance Corporation Limited  0.13% CRISIL AAA
REC Limited  0.05% ICRA AAA
NTPC Limited  0.00% CRISIL AAA
Government Bond 17.65%
7.18% GOI 24-Jul-2037 10.13% SOV
Issuer
% to Net Assets
Rating
7.18% GOVERNMENT ON INDIA 14AUG2033 GSEC 6.95% SOV
7.23% INDIA GOVERNMENT BOND 15APR2039 0.57% SOV
Floating rates notes - Corporate 7.54%
Piramal Capital & Housing Finance Limited  2.93% ICRA AA
DME Development Limited  0.47% CRISIL AAA
DME Development Limited  0.47% CRISIL AAA
DME Development Limited  0.47% CRISIL AAA
DME Development Limited  0.46% CARE AAA
DME Development Limited  0.46% CRISIL AAA
DME Development Limited  0.46% CRISIL AAA
DME Development Limited  0.46% CRISIL AAA
DME Development Limited  0.46% CRISIL AAA
DME Development Limited  0.45% CRISIL AAA
DME Development Limited  0.45% CRISIL AAA
REITS 4.57%
Nexus Select Trust  2.87%
Embassy Office Parks REIT  1.70%
Construction 2.25%
Bharat Highways Invit 2.25%
Cash Management Bills 1.92%
Government of India 0.97% SOV
Government of India 0.94% SOV
Power 1.34%
India Grid Trust 1.34%
Transport Infrastructure 0.64%
IRB InvIT Fund 0.64%
Alternative Investment Funds (AIF) 0.34%
Corporate Debt Market Development Fund  0.34%
Cash & Current Assets 2.59%
Total Net Assets 100.00%

Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes Co-Managed by Fund Managers is 2. Total Schemes managed by Mr. Mohit Sharma is 18. Total Schemes managed by Ms. Sunaina Da Cunha is 5. Click here to know more on performance of schemes managed by Fund Managers.
Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 or from any of our Investor Service Centers.

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This page is a part of the October 2024 Factsheet of Aditya Birla Sun Life Mutual Fund. Click on https://mutualfund.adityabirlacapital.com/empower/ for the digital factsheet.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.