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.
February 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: 14.6 Years |
|
| Fund Manager - Ms. Sunaina Da Cunha Managing the Fund Since: June 20, 2014 Experience in Managing the Fund: 11.7 Years |
|
| Fund Manager - Ms. Monika Gandhi Managing the Fund Since: March 22, 2021 Experience in Managing the Fund: 4.9 Years |
|
| SIP: Monthly: Minimum ₹ 1000/- |
|
| Application Amount for fresh subscription: ₹ 1,000 (plus in multiplies of ₹ 1) |
|
| 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 February 27, 2026 (in ₹Crore) | |
| Month End AUM | 21,466.70 |
| Monthly Average AUM | 22,298.39 |
| Total Expense Ratio (TER) | |
| Regular | 0.59% |
| Direct | 0.32% |
| Including additional expenses and goods and service tax on management fees. | |
| NAV as on February 27, 2026 | |
| Regular Growth | 571.12 |
| Regular IDCW$ | 100.33 |
| Regular IDCW$ | 100.65 |
| Retail Growth | 552.67 |
| Retail IDCW$ | 100.48 |
| Retail IDCW$ | 100.72 |
| Direct Growth | 582.30 |
| Direct IDCW$ | 100.35 |
| Direct IDCW$ | 100.72 |
| $Income Distribution cum capital withdrawal | |
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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 | 47.01% |
| Certificate of Deposit | 17.81% |
| Commercial Papers | 17.28% |
| Sovereign | 9.79% |
| Mutual Fund Investment | 5.13% |
| Cash & cash equivalent | 2.98% |
| Volatility Measures | |
| Modified Duration | 0.48 years |
| Average Maturity | 0.55 years |
| Yield to Maturity | 7.14% |
| Macaulay Duration | 0.51 years |
| Sector/Issuer Name | Rating |
% to Net Assets |
| Debt & Debt Related | ||
| Fixed rates bonds - Corporate | 45.76% |
|
| • Shriram Finance Ltd | CRISIL AA+ | 2.85% |
| • National Bank For Agriculture and Rural Development | CRISIL AAA | 2.54% |
| Bharti Telecom Limited | CRISIL AAA | 1.86% |
| Muthoot Finance Limited | CRISIL AA+ | 1.64% |
| Mankind Pharma Ltd | CRISIL AA+ | 1.50% |
| National Bank For Agriculture and Rural Development | ICRA AAA | 1.41% |
| Avanse Financial Services Ltd | CRISIL AA- | 1.40% |
| Power Finance Corporation Limited | ICRA AAA | 1.38% |
| Piramal Finance Limited | ICRA AA | 1.33% |
| Sk Finance Ltd | IND AA- | 1.17% |
| Godrej Industries Limited | ICRA AA+ | 1.12% |
| Muthoot Finance Limited | ICRA AA+ | 1.11% |
| Hinduja Leyland Finance Limited | CRISIL AA+ | 1.10% |
| JSW Energy Limited | ICRA AA | 0.94% |
| Muthoot Finance Limited | ICRA AA+ | 0.92% |
| JSW Steel Limited | ICRA AA | 0.91% |
| Godrej Properties Limited | ICRA AA+ | 0.87% |
| National Bank For Agriculture and Rural Development | ICRA AAA | 0.82% |
| Mahindra Rural Housing Finance Limited | CRISIL AAA | 0.76% |
| Mindspace Business Parks REIT | ICRA AAA | 0.75% |
| 360 ONE Prime Ltd | ICRA AA | 0.70% |
| Piramal Finance Limited | CARE AA | 0.70% |
| Godrej Properties Limited | ICRA AA+ | 0.70% |
| GIC Housing Finance Limited | ICRA AA+ | 0.70% |
| Mindspace Business Parks REIT | CRISIL AAA | 0.70% |
| Shriram Pistons & Rings Ltd | IND AA+ | 0.70% |
| Shriram Pistons & Rings Ltd | IND AA+ | 0.70% |
| Power Finance Corporation Limited | ICRA AAA | 0.70% |
| REC Limited | ICRA AAA | 0.69% |
| Vedanta Limited | CRISIL AA | 0.64% |
| Can Fin Homes Limited | ICRA AAA | 0.59% |
| Hinduja Housing Finance Ltd | CARE AA+ | 0.59% |
| Mankind Pharma Ltd | CRISIL AA+ | 0.58% |
| Knowledge Realty Trust | CRISIL AAA | 0.57% |
| Jtpm Metal Traders Pvt Ltd | CRISIL AA | 0.51% |
| Muthoot Finance Limited | ICRA AA+ | 0.47% |
| SMFG India Home Finance Company Limited | CRISIL AAA | 0.47% |
| Arka Fincap Limited | CRISIL AA | 0.47% |
| Tata Motors Limited | CRISIL AA+ | 0.47% |
| GIC Housing Finance Limited | ICRA AA+ | 0.47% |
| Sundaram Home Finance Limited | ICRA AAA | 0.47% |
| LIC Housing Finance Limited | CRISIL AAA | 0.47% |
| REC Limited | CRISIL AAA | 0.41% |
| Jubilant Bevco Ltd | CRISIL AA | 0.36% |
| National Bank For Agriculture and Rural Development | CRISIL AAA | 0.36% |
| Vedanta Limited | CRISIL AA | 0.35% |
| Hero Housing Finance Ltd | ICRA AA+ | 0.35% |
| Godrej Industries Limited | ICRA AA+ | 0.35% |
| Nuvama Wealth Finance Ltd | CARE AA | 0.31% |
| RJ Corp Ltd | CRISIL AAA | 0.25% |
| Mankind Pharma Ltd | ICRA AA+ | 0.24% |
| REC Limited | ICRA AAA | 0.23% |
| Aditya Birla Housing Finance Limited | ICRA AAA | 0.23% |
| LIC Housing Finance Limited | CRISIL AAA | 0.23% |
| Reliance Life Sciences Pvt Ltd | CARE AAA | 0.23% |
| Torrent Power Limited | CRISIL AA+ | 0.23% |
| LIC Housing Finance Limited | CRISIL AAA | 0.23% |
| REC Limited | ICRA AAA | 0.23% |
| Bharti Telecom Limited | CARE AAA | 0.21% |
| REC Limited | CRISIL AAA | 0.19% |
| Godrej Industries Limited | ICRA AA+ | 0.19% |
| Torrent Power Limited | CRISIL AA+ | 0.16% |
| Torrent Power Limited | CRISIL AA+ | 0.12% |
| National Bank For Agriculture and Rural Development | CRISIL AAA | 0.12% |
| Small Industries Development Bank of India | CRISIL AAA | 0.12% |
| REC Limited | ICRA AAA | 0.12% |
| Aditya Birla Finance Limited | ICRA AAA | 0.12% |
| Jubilant Beverages Ltd | CRISIL AA | 0.11% |
| REC Limited | CRISIL AAA | 0.10% |
| LIC Housing Finance Limited | CRISIL AAA | 0.08% |
| Pipeline Infrastructure Limited | CRISIL AAA | 0.07% |
| PNB Housing Finance Limited | CRISIL AA+ | 0.05% |
| National Bank For Agriculture and Rural Development | ICRA AAA | 0.01% |
| Money Market Instruments | 35.08% |
|
| • JSW Energy Limited | ICRA A1+ | 3.02% |
| • IndusInd Bank Limited | CRISIL A1+ | 2.74% |
| • Tata Teleservices Maharashtra Limited | CRISIL A1+ | 2.65% |
| • Small Industries Development Bank of India | CRISIL A1+ | 2.22% |
| • IDBI Bank Limited | ICRA A1+ | 2.06% |
| • HDFC Bank Limited | ICRA A1+ | 1.91% |
| • Tata Teleservices Maharashtra Limited | CRISIL A1+ | 1.90% |
| IndusInd Bank Limited | CRISIL A1+ | 1.60% |
| Axis Bank Limited | CRISIL A1+ | 1.55% |
| JSW Energy Limited | ICRA A1+ | 1.16% |
| Small Industries Development Bank of India | CRISIL A1+ | 1.14% |
| The Federal Bank Limited | CRISIL A1+ | 1.14% |
| Kotak Mahindra Bank Limited | CRISIL A1+ | 1.13% |
| Export Import Bank of India | ICRA A1+ | 1.09% |
| Tata Projects Limited | CRISIL A1+ | 0.90% |
| Godrej Housing Finance Limited | ICRA A1+ | 0.87% |
| ONGC Petro Additions Limited | ICRA A1+ | 0.70% |
| Godrej Properties Limited | ICRA A1+ | 0.70% |
| Motilal Oswal Financial Services Limited | ICRA A1+ | 0.68% |
| Bharti Telecom Limited | ICRA A1+ | 0.67% |
| Small Industries Development Bank of India | CRISIL A1+ | 0.67% |
| Godrej Properties Limited | ICRA A1+ | 0.46% |
| Export Import Bank of India | ICRA A1+ | 0.46% |
| Standard Chartered Capital Limited | ICRA A1+ | 0.46% |
| Cholamandalam Investment and Finance Company Limited | ICRA A1+ | 0.46% |
| Axis Bank Limited | ICRA A1+ | 0.45% |
| Godrej Housing Finance Limited | ICRA A1+ | 0.43% |
| Bank of Baroda | CARE A1+ | 0.33% |
| Muthoot Finance Limited | ICRA A1+ | 0.33% |
| ONGC Petro Additions Limited | ICRA A1+ | 0.23% |
| Bank of Baroda | IND A1+ | 0.23% |
| Cholamandalam Securities Ltd | ICRA A1+ | 0.19% |
| Axis Bank Limited | ICRA A1+ | 0.11% |
| Axis Bank Limited | ICRA A1+ | 0.11% |
| Muthoot Finance Limited | ICRA A1+ | 0.11% |
| SMFG India Credit Co. Ltd. | ICRA A1+ | 0.11% |
| Muthoot Finance Limited | ICRA A1+ | 0.11% |
| TREASURY BILLS | 4.93% |
|
| Government of India | SOV | 1.16% |
| Government of India | SOV | 1.13% |
| Government of India | SOV | 0.92% |
| Government of India | SOV | 0.86% |
| Government of India | SOV | 0.69% |
| Government of India | SOV | 0.16% |
| State Government bond | 3.96% |
|
| 7.35% HARYANA 14SEP26 SDL | SOV | 0.70% |
| 6.04% GUJARAT 20OCT2026 SDL | SOV | 0.58% |
| 8.28% KARNATAKA 06MAR2026 SDL | SOV | 0.47% |
| 7.76% MADHYA PRADESH 01MAR27 SDL | SOV | 0.28% |
| 8.84% RAJASTHAN 12SEP28 SDL | SOV | 0.25% |
| 8.18% TN 09DEC28 SDL | SOV | 0.24% |
| 7.37% TAMIL NADU 14SEP2026 SDL | SOV | 0.24% |
| 6.48% RAJASTHAN 02MAR2027 SDL | SOV | 0.23% |
| 8.57% HARYANA 04JUL28 SDL | SOV | 0.22% |
| 6.45% BIHAR 02JUN2027 SDL | SOV | 0.14% |
| 8.50% GUJURAT 28NOV2028 SDL | SOV | 0.12% |
| 6.89% BIHAR 23NOV2026 SDL | SOV | 0.07% |
| 8.53 % RAJASTHAN 29AUG2028 SDL | SOV | 0.05% |
| 8.44% RAJASTHAN 27JUN28 SDL | SOV | 0.05% |
| 8.44% RAJASTHAN 07MAR28 SDL | SOV | 0.05% |
| 8.13% RAJASTHAN 27MAR28 SDL | SOV | 0.05% |
| 6.97% MAHARASHTRA 18FEB2028 SDL | SOV | 0.05% |
| 7.29% BIHAR 28DEC2026 SDL | SOV | 0.05% |
| 8.11% CHATTISGARH 31JAN28 SDL | SOV | 0.02% |
| 7.28% HARYANA SDL 28Dec2026 | SOV | 0.02% |
| 6.89% NAGALAND 23NOV2026 SDL | SOV | 0.02% |
| 6.62 % CHHATTISGARH 27OCT2028 SDL | SOV | 0.02% |
| 6.55% ANDHRA PRADESH 27MAY28 SDL | SOV | 0.02% |
| Floating rates notes - Corporate | 1.25% |
|
| ICICI Home Finance Company Limited | ICRA AAA | 1.25% |
| Government Bond | 0.48% |
|
| 4.04% GOI FRB 04OCT2028 | SOV | 0.48% |
| Cash Management Bills | 0.43% |
|
| Government of India | SOV | 0.12% |
| Government of India | SOV | 0.11% |
| Government of India | SOV | 0.10% |
| Government of India | SOV | 0.10% |
| Alternative Investment Funds (AIF) | 0.31% |
|
| Corporate Debt Market Development Fund | 0.31% |
| Sector/Issuer Name | Rating |
% to Net Assets |
| Interest Rate Swaps | -0.05% |
|
| ICICI Bank Limited | 2.33% |
|
| BNP Paribas - Indian branches | 1.40% |
|
| Standard Chartered Bank | 1.16% |
|
| DBS Bank Ltd/India | 1.16% |
|
| BARCLAYS BANK PLC | 1.16% |
|
| HSBC Bank | 1.16% |
|
| HSBC Bank | 1.16% |
|
| ICICI Securities Primary Dealership Limited | 1.16% |
|
| HSBC Bank | 0.93% |
|
| ICICI Bank Limited | 0.93% |
|
| BNP Paribas - Indian branches | 0.93% |
|
| BNP Paribas - Indian branches | 0.93% |
|
| DBS Bank Ltd/India | 0.93% |
|
| BARCLAYS BANK PLC | 0.93% |
|
| BNP Paribas - Indian branches | 0.93% |
|
| BARCLAYS BANK PLC | 0.93% |
|
| DBS Bank Ltd/India | 0.93% |
|
| BNP Paribas - Indian branches | 0.70% |
|
| ICICI Bank Limited | 0.70% |
|
| ICICI Bank Limited | 0.47% |
|
| BARCLAYS BANK PLC | 0.47% |
|
| ICICI Bank Limited | 0.47% |
|
| BARCLAYS BANK PLC | 0.47% |
|
| DBS Bank Ltd/India | 0.47% |
|
| HSBC Bank | 0.47% |
|
| BNP Paribas - Indian branches | 0.47% |
|
| HSBC Bank | 0.47% |
|
| BNP Paribas - Indian branches | 0.47% |
|
| ICICI Securities Primary Dealership Limited | 0.47% |
|
| BNP Paribas - Indian branches | 0.47% |
|
| ICICI Bank Limited | 0.47% |
|
| Standard Chartered Bank | 0.47% |
|
| BNP Paribas - Indian branches | 0.47% |
|
| HSBC Bank | 0.47% |
|
| BARCLAYS BANK PLC | 0.47% |
|
| BNP Paribas - Indian branches | 0.47% |
|
| Standard Chartered Bank | 0.47% |
|
| Clearing Corporation of India Limited | 0.47% |
|
| ICICI Securities Primary Dealership Limited | 0.47% |
|
| ICICI Securities Primary Dealership Limited | 0.47% |
|
| BARCLAYS BANK PLC | 0.47% |
|
| BARCLAYS BANK PLC | 0.46% |
|
| BARCLAYS BANK PLC | 0.46% |
|
| BARCLAYS BANK PLC | 0.46% |
|
| Standard Chartered Bank | 0.46% |
|
| HSBC Bank | 0.46% |
|
| Standard Chartered Bank | 0.46% |
|
| BNP Paribas - Indian branches | 0.46% |
|
| ICICI Bank Limited | 0.46% |
|
| HSBC Bank | 0.46% |
|
| ICICI Securities Primary Dealership Limited | 0.46% |
|
| Standard Chartered Bank | 0.46% |
|
| DBS Bank Ltd/India | 0.46% |
|
| Standard Chartered Bank | 0.46% |
|
| HSBC Bank | 0.46% |
|
| Standard Chartered Bank | 0.46% |
|
| Standard Chartered Bank | 0.46% |
|
| HSBC Bank | 0.46% |
|
| HSBC Bank | 0.35% |
|
| ICICI Bank Limited | 0.35% |
|
| BNP Paribas - Indian branches | 0.35% |
|
| Standard Chartered Bank | 0.23% |
|
| BNP Paribas - Indian branches | 0.23% |
|
| BNP Paribas - Indian branches | 0.23% |
|
| BNP Paribas - Indian branches | 0.23% |
|
| Standard Chartered Bank | 0.23% |
|
| HSBC Bank | 0.23% |
|
| BNP Paribas - Indian branches | 0.23% |
|
| Clearing Corporation of India Limited | 0.12% |
|
| Clearing Corporation of India Limited | 0.12% |
|
| Clearing Corporation of India Limited | 0.12% |
|
| Clearing Corporation of India Limited | 0.12% |
|
| Clearing Corporation of India Limited | 0.12% |
|
| Clearing Corporation of India Limited | 0.05% |
|
| Clearing Corporation of India Limited | 0.05% |
|
| Clearing Corporation of India Limited | 0.02% |
|
| Clearing Corporation of India Limited | -0.02% |
|
| Clearing Corporation of India Limited | -0.05% |
|
| Clearing Corporation of India Limited | -0.05% |
|
| Clearing Corporation of India Limited | -0.12% |
|
| Clearing Corporation of India Limited | -0.12% |
|
| Clearing Corporation of India Limited | -0.12% |
|
| Clearing Corporation of India Limited | -0.12% |
|
| Clearing Corporation of India Limited | -0.12% |
|
| BNP Paribas - Indian branches | -0.23% |
|
| BNP Paribas - Indian branches | -0.23% |
|
| BNP Paribas - Indian branches | -0.23% |
|
| Standard Chartered Bank | -0.23% |
|
| HSBC Bank | -0.23% |
|
| BNP Paribas - Indian branches | -0.23% |
|
| Standard Chartered Bank | -0.23% |
|
| HSBC Bank | -0.35% |
|
| ICICI Bank Limited | -0.35% |
|
| BNP Paribas - Indian branches | -0.35% |
|
| ICICI Bank Limited | -0.47% |
|
| DBS Bank Ltd/India | -0.47% |
|
| BNP Paribas - Indian branches | -0.47% |
|
| BARCLAYS BANK PLC | -0.47% |
|
| BNP Paribas - Indian branches | -0.47% |
|
| ICICI Bank Limited | -0.47% |
|
| Standard Chartered Bank | -0.47% |
|
| ICICI Bank Limited | -0.47% |
|
| BARCLAYS BANK PLC | -0.47% |
|
| BARCLAYS BANK PLC | -0.47% |
|
| HSBC Bank | -0.47% |
|
| HSBC Bank | -0.47% |
|
| BNP Paribas - Indian branches | -0.47% |
|
| BNP Paribas - Indian branches | -0.47% |
|
| HSBC Bank | -0.47% |
|
| ICICI Securities Primary Dealership Limited | -0.47% |
|
| ICICI Securities Primary Dealership Limited | -0.47% |
|
| ICICI Securities Primary Dealership Limited | -0.47% |
|
| Clearing Corporation of India Limited | -0.47% |
|
| BARCLAYS BANK PLC | -0.47% |
|
| BARCLAYS BANK PLC | -0.47% |
|
| BARCLAYS BANK PLC | -0.47% |
|
| BARCLAYS BANK PLC | -0.47% |
|
| BNP Paribas - Indian branches | -0.47% |
|
| Standard Chartered Bank | -0.47% |
|
| Standard Chartered Bank | -0.47% |
|
| HSBC Bank | -0.47% |
|
| Standard Chartered Bank | -0.47% |
|
| HSBC Bank | -0.47% |
|
| ICICI Securities Primary Dealership Limited | -0.47% |
|
| Standard Chartered Bank | -0.47% |
|
| DBS Bank Ltd/India | -0.47% |
|
| Standard Chartered Bank | -0.47% |
|
| ICICI Bank Limited | -0.47% |
|
| BNP Paribas - Indian branches | -0.47% |
|
| Standard Chartered Bank | -0.47% |
|
| HSBC Bank | -0.47% |
|
| Standard Chartered Bank | -0.47% |
|
| HSBC Bank | -0.47% |
|
| BNP Paribas - Indian branches | -0.70% |
|
| ICICI Bank Limited | -0.70% |
|
| BNP Paribas - Indian branches | -0.93% |
|
| ICICI Bank Limited | -0.93% |
|
| BNP Paribas - Indian branches | -0.93% |
|
| BARCLAYS BANK PLC | -0.93% |
|
| BNP Paribas - Indian branches | -0.93% |
|
| DBS Bank Ltd/India | -0.93% |
|
| HSBC Bank | -0.93% |
|
| BARCLAYS BANK PLC | -0.93% |
|
| DBS Bank Ltd/India | -0.93% |
|
| DBS Bank Ltd/India | -1.16% |
|
| BARCLAYS BANK PLC | -1.16% |
|
| Standard Chartered Bank | -1.16% |
|
| HSBC Bank | -1.16% |
|
| ICICI Securities Primary Dealership Limited | -1.16% |
|
| HSBC Bank | -1.16% |
|
| BNP Paribas - Indian branches | -1.40% |
|
| ICICI Bank Limited | -2.33% |
|
| Mutual Funds Units | ||
| INVESTMENT FUNDS/MUTUAL FUNDS | 5.13% |
|
| • Aditya Birla Sun Life Money Manager Fund - Growth - Direct Plan | 5.13% |
|
| Net Cash and Cash Equivalent | 2.72% |
|
| Grand Total | 100.00% |
| 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. | |