Aditya Birla Capital
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Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life AMC Limited

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    Aditya Birla Sun Life AMC Limited

    Aditya Birla Sun Life Money Manager Fund

    Debt Money Market Fund

    An open ended debt scheme investing in money market instruments

    AUM (In crores)

    NAV

    Annualized Returns %

    Annualized

    Returns %

    1 Year

    3 Year

    5 Year

    Since Inception
    Since Inception
    1M
    3M
    6M
    1Y
    3Y
    5Y
    10Y
    15Y
    20Y

    Aditya Birla Sun Life Money Manager Fund

    SIP Amount
    Min . ₹ 1000
    Lumpsum Amount
    Min. ₹ 1,000

    Aditya Birla Sun Life Money Manager Fund Overview

    Aditya Birla Sun Life Money Manager Fund is an open-ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk.

    Investment Objective

    The primary objective of the scheme is to generate regular income through investment in a portfolio comprising of money market instruments.

    Why one can invest:

    • If you are looking for relatively better short-term returns than what traditional saving instruments offer

    • If you are looking to invest in liquid and short-term debt instruments

    • If you are looking for suitable investment option for short term (up to 1 year)

    • If you are also looking to build a portfolio of money market instruments, not otherwise accessible by individual investors, with investments starting as low as Rs.1000

    Fund Details

    CAGR

    Latest NAV

    (as on )

    AUM

    ()

    Inception Date

    ()

    Risk

    Investment Horizon

    Up to 1 year

    Annualized Benchmark Returns

    Min Investment

    Entry load

    NIL

    Exit load

    NIL

    Total Expense Ratio (TER)

    Sharp Ratio

    Beta Ratio

    Other Parameters

    Standard Deviation

    Modified Duration

    -

    Yield to Maturity

    -

    Portfolio Turnover:

    -

    Average Maturity

    -

    Macaulay Duration

    -

    Net Equity Exposure

    -

    Fund Managers

    Mr. Kaustubh Gupta

    Kaustubh Gupta is the Co-Head of Fi...
    Read More

    Mr. Mohit Sharma

    Mohit Sharma is a Senior Fund Manag...
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    Mr. Anuj Jain

    Anuj Jain is a fund manager with Ad...
    Read More

    Mr. Dhaval Joshi

    Dhaval Joshi has an overall experie...
    Read More

    Riskometer

    Risk meter image 1
    Risk meter image 2

    (An open ended debt scheme investing in money market instruments)

    This product is suitable for investors who are seeking

    • -Reasonable returns with convenience of liquidity over short term

    • -Investments in money market instruments with maturity of upto 1 year

    *Investors should consult their financial advisers if in doubt whether the product is suitable for them

    Portfolio & Sector Holdings

    Retail

    % of Net Assets

    Sector Holdings

    Dividend History

    Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.

    Investment Performance

    IDCW Plan of this scheme has distributed income to its investors out of its earnings, from time to time. The details of the same is tabulated:
    Declared on date IDCW Yield (Regular Plan) IDCW Per Unit Cum IDCW NAV

    Fund Summary

    - Short term financial goals call for investments that are low in risk and highly liquid. This is to ensure safety of money and availability at the time of need.

    - Most conventional short-term investments offer low returns. Is there a better avenue for these short-term needs which can potentially offer better returns?

    - Money market instruments could be an investable space for this – these are short term financing instruments used by corporates and government. Their short-term nature aims to offers liquidity and relative safety to investors while still offering better returns.

    - Aditya Birla Sun Life Money Manager Fund is one such open-ended debt fund that invests in the money market. It builds a portfolio of money market instruments such as bank CDs, corporate commercial paper, repos, and government securities/treasury bills, all with a maturity up to one year. Its aim is to earn better short-term returns for investors while maintaining their liquidity.

    - The fund is suited for a short-term investing period (up to 1 year)

    Fund discipline

    - The Scheme invests up to 100% of its net assets into money market instruments (including cash and Tri-party Repos)

    - In order to maintain liquidity, the scheme will maintain a reasonable proportion of the Scheme's investments in relatively liquid investments

    - The Scheme seeks to optimise the risk return proposition for the benefit of its investors

    - The investment process will focus on macro-economic research, credit risk and liquidity management. the scheme will also apply its credit evaluation process besides taking guidance from ratings of rating agencies

    Value Added Products

    Salient features of CATP:

    Step up SIP - This facility lets investors enhance the SIP amount during regular intervals. This allows you to make the most out of your SIP investments by increasing your contributions towards those schemes that are performing well. Additionally, you can also increase your investment amount when there is a hike in your pay.

    Multi Scheme SIP Facility - The Facility enables investors to subscribe under various Schemes through SIP using a single application form and payment instruction.

    Systematic Investment Plan (SIP) investing means automatically investing a pre-determined sum of money in this fund, at periodic and pre-determined time intervals.

    Gives investors the benefit of rupee cost averaging – better suited to manage market volatility

    SIP facility is augmented by several add ons such as Step-up SIPs, Pause SIP, Multi Scheme SIPs etc.

    Salient features of STP:

    Step up SIP - This facility lets investors enhance the SIP amount during regular intervals. This allows you to make the most out of your SIP investments by increasing your contributions towards those schemes that are performing well. Additionally, you can also increase your investment amount when there is a hike in your pay.

    Multi Scheme SIP Facility - The Facility enables investors to subscribe under various Schemes through SIP using a single application form and payment instruction.

    Salient features of SWP:

    Step up SIP - This facility lets investors enhance the SIP amount during regular intervals. This allows you to make the most out of your SIP investments by increasing your contributions towards those schemes that are performing well. Additionally, you can also increase your investment amount when there is a hike in your pay.

    Multi Scheme SIP Facility - The Facility enables investors to subscribe under various Schemes through SIP using a single application form and payment instruction.

    Tax Applicability

    Pursuant to amendment to the Finance Bill 2023, any capital gains earned on investments made in this scheme on or after 1 April 2023, will be considered as short-term capital gains and added to the investor’s income and taxed at the applicable income tax slab rates (plus any applicable surcharge and cess), regardless of the investment holding period.

    Please note that investments made on or before March 31, 2023, and held for more than 36 months will be eligible for indexation benefit in taxation. Gains on such investments will be taxed at a rate of 20% (plus applicable surcharge and cess) after taking into account the indexation benefit.

    Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.

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    Frequently Asked Questions

    There are two ways in which you can invest in this fund.

    o Via Direct Plan - involves purchasing units of the fund directly from Aditya Birla Sun Life Mutual Fund
    o Via Regular Plan – involves investing through a distributor or broker of your choice

    Both these plans have a common portfolio but separate NAVs. This is because they both apply different expense ratios. Your choice of plan thus directly impacts the returns from your investment.

    To redeem your investments in the direct plan of Aditya Birla Sun Life Money Manager Fund, you can use their mobile app or desktop webpage and select a specified amount or number of units to redeem. For investments made in the regular plan through Registrar and Transfer Agent (RTA) or Mutual Fund Distributor (MFD), you can submit a duly signed redemption form to the respective RTA/MFD or redeem online through their portal, if available.

    Yes, you can invest in Aditya Birla Sun Life Money Manager Fund via SIP or lump-sum route. The choice of mode of investing will be guided by your investing objective, investing term and affordability.

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