An open ended ultra-short term debt scheme investing in instruments such that Macaulay duration of the portfolio is between 3 months and 6 months. A moderate interest rate risk and moderate credit risk.
July 2026
| Debt Scheme |  |
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| Investment Objective | |
| The primary objective is to generate regular income through investments in debt and money market instruments. Income may be generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The scheme will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents. The Scheme does not guarantee/indicate any returns. There is no assurance that the objective of the Scheme will be achieved. | |
| Fund Category: Ultra Short Duration Fund | |
| Scheme Rating: [ICRA]A1+mfs | |
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| Fund Snapshot | |
| Date of Allotment : Apr 15, 2003 | |
| Benchmark: Nifty Ultra Short Duration Debt Index A-I | |
| Fund Manager - Mr. Kaustubh Gupta Managing the Fund Since: July 15, 2011 Experience in Managing the Fund: 15.1 Years |
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| Fund Manager - Ms. Sunaina Da Cunha Managing the Fund Since: June 20, 2014 Experience in Managing the Fund: 12.1 Years |
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| Fund Manager - Ms. Monika Gandhi Managing the Fund Since: March 22, 2021 Experience in Managing the Fund: 5.4 Years |
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| SIP: Monthly: Minimum ₹ 1000/- |
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| Application Amount for fresh subscription: ₹ 1,000 (plus in multiplies of ₹ 1) |
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| Minimum Additional Investment: ₹ 1,000 (plus in multiplies of ₹ 1) |
|
| Load Structure (as % of NAV) (Incl. for SIP) | |
| Entry Load: | NIL |
| Exit Load: | NIL |
| AUM as on July 31, 2026 (in ₹Crore) | |
| Month End AUM | 18,189.19 |
| Monthly Average AUM | 18,449.99 |
| Base Expense Ratio (BER) | |
| Regular | 0.50% |
| Direct | 0.27% |
| BER excludes brokerage incurred towards execution of trades, transaction cost & statutory levies as applicable to investors. | |
| NAV as on July 31, 2026 | |
| Regular Growth | 586.86 |
| Regular IDCW$ | 100.00 |
| Regular IDCW$ | 100.58 |
| Direct Growth | 599.02 |
| Direct IDCW$ | 100.00 |
| Direct IDCW$ | 100.65 |
$Income Distribution cum capital withdrawal Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis
using 3 years history of monthly returns. |
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| Top 10 Sectoral Contribution (in %) |
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| Rating Profile of Portfolio |
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| Instrument Profile | |
| Instrument Name | % Net Assets |
| Bonds & Debentures | 52.58% |
| Certificate of Deposit | 28.51% |
| Sovereign | 11.93% |
| Commercial Papers | 6.59% |
| Cash & cash equivalent | 0.39% |
| Debt Quants | |
| Modified Duration | 0.47 years |
| Average Maturity | 0.62 years |
| Yield to Maturity | 7.42% |
| Macaulay Duration | 0.5 years |
| Standard Deviation | 0.50% |
| Sector/Issuer Name | Rating |
% to Net Assets |
| Debt & Debt Related | ||
| Fixed rates bonds - Corporate | 50.51% | |
| ● Shriram Finance Ltd. | CRISIL AAA | 2.93% |
| ● Bharti Telecom Ltd. | CRISIL AAA | 2.18% |
| ● Muthoot Finance Ltd. | CRISIL AA+ | 1.91% |
| Vedanta Ltd. | CRISIL AA+ | 1.81% |
| Mankind Pharma Ltd. | CRISIL AA+ | 1.76% |
| Avanse Financial Services Ltd. | CRISIL AA- | 1.64% |
| Power Finance Corporation Ltd. | ICRA AAA | 1.63% |
| Piramal Finance Ltd. | ICRA AA+ | 1.57% |
| Ess Kay Fincorp Ltd. | IND AA- | 1.37% |
| Godrej Industries Ltd. | ICRA AA+ | 1.32% |
| National Bank for Agriculture and Rural Development | CRISIL AAA | 1.32% |
| Muthoot Finance Ltd. | ICRA AA+ | 1.29% |
| Hinduja Leyland Finance Ltd. | CRISIL AA+ | 1.29% |
| Bharti Telecom Ltd. | CRISIL AAA | 1.12% |
| JSW Energy Ltd. | ICRA AA | 1.10% |
| Muthoot Finance Ltd. | ICRA AA+ | 1.07% |
| JSW Steel Ltd. | ICRA AA+ | 1.07% |
| Jubilant Bevco Ltd. | CRISIL AA | 1.05% |
| Godrej Properties Ltd. | ICRA AA+ | 1.02% |
| Mahindra Rural Housing Finance Ltd. | CRISIL AAA | 0.89% |
| Mindspace Business Parks Reit | ICRA AAA | 0.88% |
| Piramal Finance Ltd. | CARE AA+ | 0.83% |
| 360 One Prime Ltd. | ICRA AA | 0.83% |
| SPR Auto Technologies Ltd. | IND AA+ | 0.82% |
| Torrent Pharmaceuticals Ltd. | ICRA AA+ | 0.82% |
| Mindspace Business Parks Reit | CRISIL AAA | 0.82% |
| SPR Auto Technologies Ltd. | IND AA+ | 0.82% |
| Power Finance Corporation Ltd. | ICRA AAA | 0.82% |
| Vedanta Ltd. | CRISIL AA+ | 0.76% |
| Cholamandalam Investment & Finance Co. Ltd. | ICRA AA+ | 0.69% |
| Can Fin Homes Ltd. | ICRA AAA | 0.69% |
| Hinduja Housing Finance Ltd. | CARE AA+ | 0.69% |
| Knowledge Realty Trust | CRISIL AAA | 0.67% |
| Adani Airport Holdings Ltd. | CRISIL AA- | 0.66% |
| JTPM Metal Traders Ltd. | CRISIL AA | 0.62% |
| Godrej Properties Ltd. | ICRA AA+ | 0.55% |
| Nirma Ltd. | CRISIL AA | 0.55% |
| SMFG India Home Finance Co. Ltd. | CRISIL AAA | 0.55% |
| Arka Fincap Ltd. | CRISIL AA | 0.55% |
| Tata Motors Ltd. | CRISIL AA+ | 0.55% |
| Muthoot Finance Ltd. | ICRA AA+ | 0.55% |
| REC Ltd. | CRISIL AAA | 0.47% |
| Hero Housing Finance Ltd. | ICRA AA+ | 0.41% |
| GIC Housing Finance Ltd. | ICRA AA+ | 0.41% |
| Nuvama Wealth Finance Ltd. | CARE AA | 0.36% |
| Adani Power Ltd. | CRISIL AA | 0.36% |
| RJ Corp Ltd. | CRISIL AAA | 0.29% |
| Aditya Birla Housing Finance Ltd. | ICRA AAA | 0.28% |
| REC Ltd. | ICRA AAA | 0.28% |
| LIC Housing Finance Ltd. | CRISIL AAA | 0.28% |
| JM Financial Credit Solutions Ltd. | ICRA AA | 0.27% |
| Godrej Industries Ltd. | CRISIL AA+ | 0.27% |
| Torrent Power Ltd. | CRISIL AA+ | 0.27% |
| Bharti Telecom Ltd. | CARE AAA | 0.25% |
| REC Ltd. | CRISIL AAA | 0.22% |
| Godrej Industries Ltd. | ICRA AA+ | 0.22% |
| Torrent Power Ltd. | CRISIL AA+ | 0.19% |
| JM Financial Products Ltd. | CRISIL AA | 0.18% |
| Mankind Pharma Ltd. | ICRA AA+ | 0.14% |
| Torrent Power Ltd. | CRISIL AA+ | 0.14% |
| REC Ltd. | ICRA AAA | 0.14% |
| Godrej Industries Ltd. | ICRA AA+ | 0.14% |
| Aditya Birla Capital Ltd. | ICRA AAA | 0.14% |
| REC Ltd. | ICRA AAA | 0.14% |
| REC Ltd. | ICRA AAA | 0.14% |
| Jubilant Beverages Ltd. | CRISIL AA | 0.13% |
| REC Ltd. | CRISIL AAA | 0.11% |
| LIC Housing Finance Ltd. | CRISIL AAA | 0.10% |
| Pipeline Infrastructure Pvt Ltd. | CRISIL AAA | 0.08% |
| National Bank for Agriculture and Rural Development | ICRA AAA | 0.02% |
| Money Market Instruments | 35.08% | |
| ● National Bank for Agriculture and Rural Development | ICRA A1+ | 4.03% |
| ● IndusInd Bank Ltd. | CRISIL A1+ | 4.02% |
| ● Tata Teleservices (Maharastra) Ltd. | CRISIL A1+ | 3.23% |
| ● Small Industries Development Bank of India | CRISIL A1+ | 2.70% |
| ● National Bank for Agriculture and Rural Development | ICRA A1+ | 2.65% |
| ● HDFC Bank Ltd. | ICRA A1+ | 2.37% |
| IndusInd Bank Ltd. | CRISIL A1+ | 1.90% |
| Axis Bank Ltd. | CRISIL A1+ | 1.88% |
| Yes Bank Ltd. | CRISIL A1+ | 1.31% |
| Bank of Baroda | CARE A1+ | 1.07% |
| Export-Import Bank of India | ICRA A1+ | 1.07% |
| IndusInd Bank Ltd. | CRISIL A1+ | 1.07% |
| Export-Import Bank of India | ICRA A1+ | 1.06% |
| Godrej Housing Finance Ltd. | ICRA A1+ | 1.06% |
| Punjab National Bank | ICRA A1+ | 0.92% |
| Godrej Housing Finance Ltd. | ICRA A1+ | 0.53% |
| Yes Bank Ltd. | CRISIL A1+ | 0.53% |
| The Federal Bank Ltd. | CRISIL A1+ | 0.52% |
| Canara Bank | ICRA A1+ | 0.52% |
| Bank of Baroda | CARE A1+ | 0.40% |
| Muthoot Finance Ltd. | ICRA A1+ | 0.40% |
| Axis Bank Ltd. | ICRA A1+ | 0.27% |
| National Bank for Agriculture and Rural Development | ICRA A1+ | 0.27% |
| IndusInd Bank Ltd. | CRISIL A1+ | 0.27% |
| The Federal Bank Ltd. | CRISIL A1+ | 0.26% |
| SMFG India Credit Company Ltd. | ICRA A1+ | 0.14% |
| Indian Bank | CRISIL A1+ | 0.14% |
| Muthoot Finance Ltd. | ICRA A1+ | 0.13% |
| Kotak Mahindra Bank Ltd. | CRISIL A1+ | 0.13% |
| HDFC Bank Ltd. | ICRA A1+ | 0.13% |
| Axis Bank Ltd. | ICRA A1+ | 0.08% |
| Piramal Finance Ltd. | CRISIL A1+ | 0.03% |
| TREASURY BILLS | 7.23% | |
| ● Reserve Bank of India | SOV | 4.64% |
| Reserve Bank of India | SOV | 1.36% |
| Reserve Bank of India | SOV | 1.04% |
| Reserve Bank of India | SOV | 0.19% |
| State Government bond | 4.31% | |
| State Government of Haryana 7.35% 14.09.2026 SDL | SOV | 0.83% |
| State Government of Gujarat 6.04% 20.10.2026 SDL | SOV | 0.69% |
| State Government of Madhya Pradesh 7.76% 01.03.2027 SDL | SOV | 0.33% |
| State Government of Rajasthan 8.84% 12.09.2028 SDL | SOV | 0.29% |
| State Government of Tamilnadu 8.18% 19.12.2028 SDL | SOV | 0.28% |
| State Government of Rajasthan 6.48% 02.03.2027 SDL | SOV | 0.28% |
| State Government of Tamilnadu 7.37% 14.09.2026 SDL | SOV | 0.28% |
| State Government of Haryana 8.57% 04.07.2028 SDL | SOV | 0.26% |
| State Government of Bihar 6.45% 02.06.2027 SDL | SOV | 0.17% |
| State Government of Gujarat 8.5% 28.11.2028 SDL | SOV | 0.14% |
| State Government of Bihar 7.1% 14.12.2026 SDL | SOV | 0.11% |
| State Government of West Bengal 7.1% 14.12.2026 SDL | SOV | 0.11% |
| State Government of Bihar 6.89% 23.11.2026 SDL | SOV | 0.08% |
| State Government of Rajasthan 8.53% 29.08.2028 SDL | SOV | 0.06% |
| State Government of Rajasthan 8.44% 27.06.2028 SDL | SOV | 0.06% |
| State Government of Rajasthan 8.44% 07.03.2028 SDL | SOV | 0.06% |
| State Government of Rajasthan 8.13% 27.03.2028 SDL | SOV | 0.06% |
| State Government of Bihar 7.29% 28.12.2026 SDL | SOV | 0.06% |
| State Government of Maharashtra 6.97% 18.02.2028 SDL | SOV | 0.06% |
| State Government of Chhattisgarh 8.11% 31.01.2028 SDL | SOV | 0.03% |
| State Government of Haryana 7.28% 28.12.2026 SDL | SOV | 0.03% |
| State Government of Nagaland 6.89% 23.11.2026 SDL | SOV | 0.03% |
| State Government Of Andhra Pradesh 6.55% 27.05.2028 SDL | SOV | 0.03% |
| State Government of Chhattisgarh 6.62% 27.10.2028 SDL | SOV | 0.03% |
| Floating rates notes - Corporate | 2.05% | |
| ICICI Home Finance Co. Ltd. | ICRA AAA | 1.49% |
| 182 DAY T-BILL 18.09.26 | SOV | 0.56% |
| Cash Management Bills | 0.38% | |
| 364 DAY T-BILL 02.10.26 | SOV | 0.14% |
| 364 DAY T-BILL 03.09.26 | SOV | 0.12% |
| 364 DAY T-BILL 24.09.26 | SOV | 0.12% |
| Alternative Investment Funds (AIF) | 0.37% | |
| Corporate Debt Market Development Fund | 0.37% | |
| Interest Rate Swaps | 0.01% | |
| BNP Paribas | 1.65% | |
| Standard Chartered Bank | 1.38% | |
| DBS Bank Ltd. | 1.37% | |
| Barclays Bank PLC | 1.37% | |
| HSBC Ltd. | 1.11% | |
| DBS Bank Ltd. | 1.10% | |
| Barclays Bank PLC | 1.10% |
| Sector/Issuer Name | Rating |
% to Net Assets |
| ICICI Bank Ltd. | 1.10% | |
| BNP Paribas | 1.10% | |
| BNP Paribas | 1.10% | |
| DBS Bank Ltd. | 1.10% | |
| DBS Bank Ltd. | 1.10% | |
| IDFC First Bank Ltd. | 1.10% | |
| DBS Bank Ltd. | 1.10% | |
| Standard Chartered Bank | 1.10% | |
| Standard Chartered Bank | 1.10% | |
| DBS Bank Ltd. | 1.10% | |
| ICICI Bank Ltd. | 0.83% | |
| BNP Paribas | 0.83% | |
| ICICI Securities Primary Dealership Ltd. | 0.82% | |
| BNP Paribas | 0.82% | |
| ICICI Bank Ltd. | 0.82% | |
| ICICI Bank Ltd. | 0.82% | |
| DBS Bank Ltd. | 0.69% | |
| ICICI Bank Ltd. | 0.69% | |
| DBS Bank Ltd. | 0.69% | |
| The Clearing Corporation of India Ltd. | 0.55% | |
| ICICI Bank Ltd. | 0.55% | |
| HSBC Ltd. | 0.55% | |
| HSBC Ltd. | 0.55% | |
| Barclays Bank PLC | 0.55% | |
| Barclays Bank PLC | 0.55% | |
| ICICI Bank Ltd. | 0.55% | |
| Barclays Bank PLC | 0.55% | |
| ICICI Bank Ltd. | 0.55% | |
| Barclays Bank PLC | 0.55% | |
| Barclays Bank PLC | 0.55% | |
| ICICI Securities Primary Dealership Ltd. | 0.55% | |
| ICICI Bank Ltd. | 0.55% | |
| ICICI Bank Ltd. | 0.55% | |
| Barclays Bank PLC | 0.55% | |
| ICICI Bank Ltd. | 0.55% | |
| BNP Paribas | 0.55% | |
| Standard Chartered Bank | 0.55% | |
| HSBC Ltd. | 0.55% | |
| HSBC Ltd. | 0.55% | |
| Barclays Bank PLC | 0.55% | |
| Standard Chartered Bank | 0.55% | |
| HSBC Ltd. | 0.55% | |
| Standard Chartered Bank | 0.55% | |
| BNP Paribas | 0.55% | |
| ICICI Bank Ltd. | 0.55% | |
| Barclays Bank PLC | 0.55% | |
| HSBC Ltd. | 0.55% | |
| ICICI Securities Primary Dealership Ltd. | 0.55% | |
| HSBC Ltd. | 0.55% | |
| DBS Bank Ltd. | 0.55% | |
| Standard Chartered Bank | 0.55% | |
| HSBC Ltd. | 0.55% | |
| Standard Chartered Bank | 0.55% | |
| Standard Chartered Bank | 0.55% | |
| HSBC Ltd. | 0.55% | |
| BNP Paribas | 0.41% | |
| The Clearing Corporation of India Ltd. | 0.27% | |
| BNP Paribas | 0.27% | |
| HSBC Ltd. | 0.27% | |
| BNP Paribas | 0.27% | |
| Standard Chartered Bank | 0.27% | |
| BNP Paribas | 0.27% | |
| BNP Paribas | 0.27% | |
| The Clearing Corporation of India Ltd. | 0.14% | |
| The Clearing Corporation of India Ltd. | 0.14% | |
| The Clearing Corporation of India Ltd. | 0.14% | |
| The Clearing Corporation of India Ltd. | 0.14% | |
| The Clearing Corporation of India Ltd. | 0.06% | |
| The Clearing Corporation of India Ltd. | 0.06% | |
| The Clearing Corporation of India Ltd. | 0.03% | |
| The Clearing Corporation of India Ltd. | 0.03% | |
| The Clearing Corporation of India Ltd. | -0.03% | |
| The Clearing Corporation of India Ltd. | -0.03% | |
| The Clearing Corporation of India Ltd. | -0.06% | |
| The Clearing Corporation of India Ltd. | -0.06% | |
| The Clearing Corporation of India Ltd. | -0.14% | |
| The Clearing Corporation of India Ltd. | -0.14% | |
| The Clearing Corporation of India Ltd. | -0.14% | |
| The Clearing Corporation of India Ltd. | -0.14% | |
| BNP Paribas | -0.27% | |
| BNP Paribas | -0.27% | |
| HSBC Ltd. | -0.27% | |
| The Clearing Corporation of India Ltd. | -0.27% | |
| Standard Chartered Bank | -0.27% | |
| BNP Paribas | -0.27% | |
| BNP Paribas | -0.27% | |
| BNP Paribas | -0.41% | |
| ICICI Securities Primary Dealership Ltd. | -0.55% | |
| ICICI Securities Primary Dealership Ltd. | -0.55% | |
| ICICI Bank Ltd. | -0.55% | |
| ICICI Bank Ltd. | -0.55% | |
| ICICI Bank Ltd. | -0.55% | |
| ICICI Bank Ltd. | -0.55% | |
| ICICI Bank Ltd. | -0.55% | |
| ICICI Bank Ltd. | -0.55% | |
| ICICI Bank Ltd. | -0.55% | |
| BNP Paribas | -0.55% | |
| BNP Paribas | -0.55% | |
| HSBC Ltd. | -0.55% | |
| HSBC Ltd. | -0.55% | |
| HSBC Ltd. | -0.55% | |
| HSBC Ltd. | -0.55% | |
| HSBC Ltd. | -0.55% | |
| HSBC Ltd. | -0.55% | |
| HSBC Ltd. | -0.55% | |
| HSBC Ltd. | -0.55% | |
| HSBC Ltd. | -0.55% | |
| DBS Bank Ltd. | -0.55% | |
| Barclays Bank PLC | -0.55% | |
| Barclays Bank PLC | -0.55% | |
| Barclays Bank PLC | -0.55% | |
| Barclays Bank PLC | -0.55% | |
| Barclays Bank PLC | -0.55% | |
| The Clearing Corporation of India Ltd. | -0.55% | |
| Standard Chartered Bank | -0.55% | |
| Standard Chartered Bank | -0.55% | |
| Standard Chartered Bank | -0.55% | |
| Standard Chartered Bank | -0.55% | |
| Standard Chartered Bank | -0.55% | |
| Standard Chartered Bank | -0.55% | |
| Barclays Bank PLC | -0.55% | |
| Barclays Bank PLC | -0.55% | |
| Barclays Bank PLC | -0.55% | |
| ICICI Bank Ltd. | -0.69% | |
| DBS Bank Ltd. | -0.69% | |
| DBS Bank Ltd. | -0.69% | |
| ICICI Securities Primary Dealership Ltd. | -0.82% | |
| ICICI Bank Ltd. | -0.82% | |
| ICICI Bank Ltd. | -0.82% | |
| ICICI Bank Ltd. | -0.82% | |
| BNP Paribas | -0.82% | |
| BNP Paribas | -0.82% | |
| DBS Bank Ltd. | -1.10% | |
| IDFC First Bank Ltd. | -1.10% | |
| DBS Bank Ltd. | -1.10% | |
| ICICI Bank Ltd. | -1.10% | |
| BNP Paribas | -1.10% | |
| BNP Paribas | -1.10% | |
| HSBC Ltd. | -1.10% | |
| DBS Bank Ltd. | -1.10% | |
| DBS Bank Ltd. | -1.10% | |
| DBS Bank Ltd. | -1.10% | |
| Barclays Bank PLC | -1.10% | |
| Standard Chartered Bank | -1.10% | |
| Standard Chartered Bank | -1.10% | |
| DBS Bank Ltd. | -1.37% | |
| Barclays Bank PLC | -1.37% | |
| Standard Chartered Bank | -1.37% | |
| BNP Paribas | -1.65% | |
| Net Cash and Cash Equivalent | 0.05% | |
| Grand Total | 100.00% |
| Product Label | |
| Scheme Name | |
| Aditya Birla Sun Life Savings Fund An open ended ultra-short term debt scheme investing in instruments such that Macaulay duration of the portfolio is between 3 months and 6 months. A moderate interest rate risk and moderate credit risk. |
|
| This product is suitable for investors who are seeking*: | |
|
|
Risk-o-meter  |
Benchmark Risk-o-meter Nifty Ultra Short Duration Debt Index A-I  |
| *Investors should consult their financial advisors if in doubt whether the product is suitable for them. | |