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Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Monthly Income

Aditya Birla Sun Life Monthly Income

(An Open Ended Income Scheme)

This fund provides a stable and steady flow of income
Aditya Birla Sun Life Monthly Income

Investment Objective

The fund seeks to provide regular income with an opportunity to grow your money through fixed income investments and a limited exposure to equity markets.

This product is suitable for investors who are seeking

  • Regular income with growth in capital through medium and long-term investments in various types of debt investments
  • Investing small amounts in equity and equity related investments

Fund Details

  • Fund Type - Open-Ended
  • Class - Income
  • Category - MIP
  • Min Investment - Rs. 1000/-
  • Fund Manager - Mr. Pranay Sinha & Mr. Vineet Maloo
  • Latest NAV - 66.807 (as on 01-Jun-2018)
  • Inception Date - Jul 14, 1999
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Fund Performance

Graphical Data Tabular Data

Trailing Return

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Funds are bucketed on various parameters with respect to other funds in their category.
*Annualized returns are displayed for 1 year and above.

Annualized Returns

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Annual Quarterly Monthly Weekly

Investment Performance - Regular Plan - Growth NAV as on December 30, 2010: Rs. 60.9669
Date of Inception: July 14, 1999 NAV Per
Unit. *
(Rs)		 Birla Sun
Life Monthly
Income (%)		 CRISIL MIP
Blended
Index # (%)		 CRISIL 10
Year Gilt
Index ##
(%)		 Value of Standard Investment of Rs 10000 in
Birla Sun Life
Monthly
Income
(Rs)		 CRISIL MIP
Blended
Index #
(Rs)		 CRISIL 10
Year Gilt
Index ##
(Rs)
Since inception till December 30, 2016 (CAGR) 10.0000 10.90 N/A N/A 60967 N/A N/A
December 31, 2015 to December 30, 2016 (Absolute) 55.1537 10.54 11.55 14.97 11054 11155 11497
December 31,2014 to December 31,2015 (Absolute) 52.1865 5.69 6.79 7.39 10569 10679 10739
December 31,2013 to December 31,2014 (Absolute) 43.7454 19.30 16.83 14.14 11930 11683 11414

# Scheme Benchmark, ## Additional Benchmark, *As on start of period considered above.

Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Performance of scheme may or may not be strictly comparable with that of its additional benchmark in view of hybrid nature of scheme. Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Vineet Maloo is 16. Total Schemes managed by Mr. Pranay Sinha is 6. Refer annexure on page no. 67 of Empower to know more on performance of schemes managed by Fund Managers. ‘Direct Plan’ is only for investors who purchase /subscribe Units in a Scheme directly with the Mutual Fund and is not available for investors who route their investments through a Distributor. For further details, Investors are advised to refer to Addendum no. 44/2012 dated December 27, 2012 available on our website www.birlasunlife.com.

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Fund Management

  • Mr. Pranay Sinha

    Total Experience : 13 years

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    Pranay Sinha is a Fund Manager with Aditya Birla Sun Life AMC Limited (ABSLAMC). Pranay has an overall experience of close to 13 years, with over a decade in fund management and trading in Indian Rates markets. He also has experience in currency trading.

    Prior to joining ABSLAMC in 2014, Pranay has worked with BNP Paribas Bank, Morgan Stanley Investment Management Private Limited and ICICI Prudential Asset Management Company Limited.

    Pranay has done his MBA from IIM Kolkata and holds a B.Tech degree in Aerospace Engineering from IIT Kharagpur.
  • Mr. Vineet Maloo

    Total Experience : ​11 years

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    Vineet has 7 years of experience. He has been providing analytical support to the Chief Financial Officer of Hindalco Industries Limited, prior to which he has worked with Aditya Birla Management Corporation Ltd.
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Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.
To check an all-time best return rate for equity funds, check how they've performed in the last 3 or 5 years.

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Your Investment Summary

  • Investment AmountRs 5000
  • Initial units per month 29.5
  • Current valueRs 50,000
  • Current NAV value 260
  • Current Units 30
  • XIRR

    Internal rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals.

         5.10%
  • Benchmark XIRR

    Internal Rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals for respective benchmark index.

         8%

Portfolio and Sector Holdings

Top 10 Holdings (As on 30.04.2018)

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Issuer % to Net Assets
Top 10 Sector Holdings Chart

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
1%: For redemption / switch-out of units within 180 days from the date of allotment (% of applicable NAV) NIL : For redemption / switch-out of units after 180 days from the date of allotment
**Exit Load is NIL for units issued in Dividend Reinvestment.

Highlights

  • Stable and steady flow of income
  • Small exposure to equity market

Don’t compromise on your needs

Have you been putting off a few things that you badly want to do, be it get your children joining music classes, a makeover for your home or a family vacation? Are you retired and worried about rising prices, and wish for that little extra that can help maintain your standard of living? If your answer is yes, you need to invest in Aditya Birla Sun Life Monthly Income (ABSL Monthly Income) - a monthly income scheme* that aims at providing you with a regular income. The scheme also lets you enjoy a limited participation in the equity markets. However, you can be assured that all this is done through judicious mix of debt and equity market investments.

Discipline

The fund provides a stable and steady flow of income by investing in  a portfolio predominantly of quality fixed income securities (upto 90%) along with capital appreciation by investing a small portion in equity (upto15%). Income may be generated through receipt of coupon payments, amortization of the discount on debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio. The Scheme will maintain a small exposure to the equity market. On the equity side, primarily focus will be on long term growth for identifying stocks, identify business with superior growth prospects and strong management available at reasonable valuation and offering higher risk adjusted returns. The fund would follow blend of bottoms up approach (for stock selection) and top down approach (for sector allocation).

Aditya Birla Sun Life Monthly Income

(An Open-ended Monthly Income Scheme*)

This product is suitable for investors who are seeking*

  • Regular income with growth in capital through medium and long-term investments in various types of debt investments
  • Investing small amounts in equity and equity related investments

 

*We recommend investors to consult their financial advisers in case of doubt about whether the product is suitable for them.

Moderate Risk
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Disclaimer

*Second Income/Regular Income/Monthly Income is not assured and is subject to availability of distributable surplus. Dividend distribution in the form of regular income to individual investors is subject to dividend distribution tax (DDT) of 13.5188% which is deducted by the fund house. For individual nature of tax implications, investors are requested to consult their tax advisors before investing.

**The portfolio of the scheme is subject to changes within the provisions of the Scheme Information Document. Please refer to the Scheme Information Document for asset allocation, investment strategy, and risk factors.

+Investors should note that declaration of dividends is at the discretion of Trustees and subject to availability of distributable surplus and there is no guarantee or assurance on the frequency or quantum of dividends. The NAV of the scheme pursuant to a payout of the dividend would fall to the extent of the payout and statutory levy (if applicable). For individual nature of tax implications, investors are requested to consult their tax advisor before investing.

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