Aditya Birla Sun Life Low Duration Fund

An open ended low duration debt scheme investing in instruments such that Macaulay duration of the portfolio is between 6 months and 12 months. A relatively high interest rate risk and moderate credit risk.
Data as on 31st October 2024
Fund Details
Investment Objective
The objective of the scheme is to provide income which is consistent with a portfolio through investments in a basket of Investment Objective debt and money market instruments of short maturities with a view to provide reasonable returns. The Scheme does not guarantee/indicate any returns. There is no assurance that the objective of the Scheme will be achieved.

Fund Manager
Mr. Kaustubh Gupta & Mr. Mohit Sharma
Managing Fund Since
July 15, 2011, April 01, 2017
Experience in Managing the Fund
13.3 years, 7.6 years
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load Nil
Exit Load Nil
Total Expense Ratio (TER)
Regular 1.23%
Direct 0.42%
Including additional expenses and goods and service tax on management fees.

AUM ₹
Monthly Average AUM 10982.55 Crores
AUM as on last day 11235.01 Crores
Date of Allotment
May 14, 1998
Benchmark
NIFTY Low Duration Debt Index A-I
Other Parameters
Modified Duration 0.91 years
Average Maturity 1.27 years
Yield to Maturity 7.54%
Macaulay Duration 0.97 years

Application Amount for fresh subscription
₹ 100 (plus in multiplies of ₹ 1)
Min. Addl. Investment
₹ 100 (plus in multiplies of ₹ 1)
SIP
Monthly: Minimum ₹ 100/-
NAV of Plans / Options ₹^
Regular Plan Institutional Plan@ Direct Plan
Growth 625.7657 438.7655 689.6122
Daily IDCW$: 100.5567 100.5585 100.5612
Weekly IDCW$: 100.6341 - 100.6719
$Income Distribution cum capital withdrawal
^The Face Value per unit of all the plans/ options under Aditya Birla Sun Life Low Duration Fund is ₹ 100/-
@Institutional Plan has been discontinued and does not accept fresh subscriptions/Switch in.
PORTFOLIO
Issuer
% to Net Assets
Rating
Fixed rates bonds - Corporate 55.56%
National Housing Bank  3.56% CRISIL AAA
National Bank For Agriculture and Rural Development  2.71% ICRA AAA
National Housing Bank  2.67% CARE AAA
Power Finance Corporation Limited 2.35% ICRA AAA
National Bank For Agriculture and Rural Development 2.24% ICRA AAA
Belstar Microfinance Private Limited  2.01% CRISIL AA
REC Limited 1.78% ICRA AAA
REC Limited  1.78% ICRA AAA
LIC Housing Finance Limited  1.74% CRISIL AAA
Bharti Telecom Limited  1.52% CRISIL AA+
Small Industries Development Bank of India  1.47% CRISIL AAA
ICICI Home Finance Company Limited  1.42% ICRA AAA
Power Finance Corporation Limited  1.37% ICRA AAA
Muthoot Finance Limited  1.35% ICRA AA+
Kotak Mahindra Prime Limited  1.34% CRISIL AAA
REC Limited  1.34% ICRA AAA
ICICI Home Finance Company Limited  1.34% ICRA AAA
Small Industries Development Bank of India  1.12% CRISIL AAA
State Bank of India - Tier II - Basel III  1.04% ICRA AAA
HDB Financial Services Limited  0.99% CRISIL AAA
CreditAccess Grameen Limited  0.93% IND AA-
Bajaj Housing Finance Limited  0.90% CRISIL AAA
LIC Housing Finance Limited  0.89% CRISIL AAA
Shriram Finance Ltd  0.89% CRISIL AA+
Sundaram Finance Limited  0.81% CRISIL AAA
National Bank For Agriculture and Rural Development  0.76% ICRA AAA
LIC Housing Finance Limited  0.71% CRISIL AAA
HDB Financial Services Limited  0.69% CRISIL AAA
Tata Projects Limited  0.67% IND AA
Tata Capital Limited  0.67% ICRA AAA
National Bank For Agriculture and Rural Development 0.67% CRISIL AAA
National Bank For Agriculture and Rural Development 0.67% CRISIL AAA
LIC Housing Finance Limited  0.67% CRISIL AAA
Small Industries Development Bank of India  0.66% ICRA AAA
HDB Financial Services Limited  0.58% CRISIL AAA
National Bank For Agriculture and Rural Development  0.52% ICRA AAA
National Bank For Agriculture and Rural Development  0.49% ICRA AAA
SMFG India Home Finance Company Limited  0.45% CRISIL AAA
Tata Capital Housing Finance Limited 0.45% ICRA AAA
REC Limited  0.45% ICRA AAA
Adani Energy Solutions Limited  0.45% IND AA+
Small Industries Development Bank of India  0.44% ICRA AAA
TMF Holdings Limited  0.44% CRISIL AA+
National Bank For Agriculture and Rural Development  0.44% ICRA AAA
Small Industries Development Bank of India  0.44% ICRA AAA
Kotak Mahindra Prime Limited  0.40% ICRA AAA
Small Industries Development Bank of India  0.36% CRISIL AAA
Small Industries Development Bank of India  0.35% ICRA AAA
HDFC Bank Limited  0.31% ICRA AAA
Cholamandalam Investment and Finance Company Limited 0.22% ICRA AA+
REC Limited  0.22% ICRA AAA
Nexus Select Trust  0.22% ICRA AAA
HDB Financial Services Limited  0.22% CRISIL AAA
REC Limited  0.22% CRISIL AAA
National Bank For Agriculture and Rural Development 0.22% ICRA AAA
Small Industries Development Bank of India  0.22% CRISIL AAA
National Bank For Agriculture and Rural Development  0.22% ICRA AAA
Summit Digitel Infrastructure Private Limited  0.18% CRISIL AAA
Tata Projects Limited  0.18% CRISIL AA
REC Limited  0.17% ICRA AAA
REC Limited  0.13% ICRA AAA
Tata Motors Finance Limited  0.13% CRISIL AA+
Small Industries Development Bank of India  0.13% ICRA AAA
HDB Financial Services Limited  0.13% CRISIL AAA
National Bank For Agriculture and Rural Development  0.09% ICRA AAA
REC Limited  0.09% CRISIL AAA
Issuer
% to Net Assets
Rating
Power Finance Corporation Limited  0.07% ICRA AAA
REC Limited  0.03% ICRA AAA
Power Finance Corporation Limited  0.03% ICRA AAA
Power Finance Corporation Limited  0.03% ICRA AAA
Power Finance Corporation Limited  0.02% ICRA AAA
REC Limited  0.02% ICRA AAA
Power Finance Corporation Limited  0.02% ICRA AAA
ICICI Home Finance Company Limited  0.02% ICRA AAA
Money Market Instruments 21.12%
Bank of Baroda 2.60% IND A1+
HDFC Bank Limited 1.76% IND A1+
Small Industries Development Bank of India 1.71% CARE A1+
Kotak Mahindra Bank Limited 1.32% CRISIL A1+
Punjab National Bank 1.31% ICRA A1+
Canara Bank 1.05% CRISIL A1+
HDFC Bank Limited 0.88% IND A1+
DBS Bank Ltd/India 0.88% IND A1+
IndusInd Bank Limited 0.88% CRISIL A1+
Kotak Mahindra Bank Limited 0.87% CRISIL A1+
Utkarsh Small Finance Bank Ltd 0.87% ICRA A1+
Axis Bank Limited 0.85% ICRA A1+
Sharekhan Ltd 0.82% ICRA A1+
Punjab National Bank 0.66% CRISIL A1+
Bank of Baroda 0.65% IND A1+
Small Industries Development Bank of India 0.65% CARE A1+
ICICI Bank Limited 0.65% ICRA A1+
IndusInd Bank Limited 0.44% CRISIL A1+
Axis Bank Limited 0.44% CRISIL A1+
Canara Bank 0.44% CRISIL A1+
Sharekhan Ltd 0.42% ICRA A1+
Axis Bank Limited 0.22% CRISIL A1+
National Bank For Agriculture and Rural Development 0.22% IND A1+
Canara Bank 0.22% CRISIL A1+
Kotak Mahindra Bank Limited 0.22% CRISIL A1+
Axis Bank Limited 0.09% CRISIL A1+
Floating rates notes - Corporate 5.53%
Bharti Telecom Limited  2.76% CRISIL AA+
Bharti Telecom Limited  0.71% CRISIL AA+
Cholamandalam Investment and Finance Company Limited  0.22% ICRA AA+
DME Development Limited  0.19% CRISIL AAA
DME Development Limited  0.19% CRISIL AAA
DME Development Limited  0.19% CARE AAA
DME Development Limited  0.19% CRISIL AAA
DME Development Limited  0.19% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
Government Bond 5.44%
5.63% GOI 12APR2026 2.37% SOV
4.70% INDIA GOVT BOND 22SEP2033 FRB 2.20% SOV
7.38% GOI 20JUN2027 0.83% SOV
8.24% GOI (MD 15/02/2027) 0.05% SOV
TREASURY BILLS 2.17%
Government of India 2.17% SOV
Alternative Investment Funds (AIF) 0.27%
Corporate Debt Market Development Fund  0.27%
Cash Management Bills 0.22%
Government of India 0.22% SOV
State Government bond 0.04%
8.48% UTTAR PRADESH 29MAR2025 SDL 0.04% SOV
Interest Rate Swaps 0.01%
BNP Paribas - Indian branches 0.00%
Standard Chartered Bank 0.00%
BNP Paribas - Indian branches 0.00%
Standard Chartered Bank 0.00%
ICICI Securities Primary Dealership Limited 0.00%
Standard Chartered Bank 0.00%
BNP Paribas - Indian branches 0.00%
IDFC First Bank Limited 0.00%
Cash & Current Assets 9.62%
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. Kaustubh Gupta is 11. Total Schemes managed by Mr. Mohit Sharma is 19. 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.

This page is a part of the November 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.