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 Savings Fund

    Debt Ultra Short Duration 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

    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 Savings Fund

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

    Aditya Birla Sun Life Savings Fund Overview

    Aditya Birla Sun Life Savings Fund is 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.

    Investment Objective

    The primary objective 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.

    Why one can invest?

    • check-circle

      If you are looking for a suitable avenue to keep funds for a very short-term (3 months to 6 months)

    • If you are looking to retain high liquidity that comes with traditional savings instruments

    • If you are looking for relative safety of your funds through investment in high quality debt and money market instruments

    • If you are looking to earn better returns over the short term

    • If you are also looking to build a diversified portfolio of corporate bonds, G-secs and money market instruments with investments as little as Rs.1000

    Fund Details

    CAGR

    Latest NAV

    (as on )

    AUM

    ()

    Inception Date

    ()

    Risk

    Investment Horizon

    3 months to 6 months

    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

    Ms. Sunaina da Cunha

    Sunaina da Cunha is the Co-Head of ...
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    Ms. Monika Gandhi

    Monika Gandhi is a fund manager wit...
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    Mr. Dhaval Joshi

    Dhaval Joshi has an overall experie...
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    Riskometer

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    (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)

    This product is suitable for investors who are seeking

    • Reasonable returns with convenience of liquidity over short term

    • Investments in debt and money market instruments

    *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

    - Traditionally, we keep our liquid surplus funds in savings or current account for their safety and for the convenience of high liquidity. However, these traditional instruments earn low, negligible and sometimes even nil returns.

    - There are other investing options today for such short terms, which offer comparable safety and liquidity as traditional saving instruments, but with likely better returns – Debt Mutual Funds

    - Aditya Birla Sun Life Savings Fund is one such open-ended debt fund. It invests predominantly in high quality debt instruments (can be corporate bonds, G-secs or money market instruments) of duration between 3 to 6 months. This scheme seeks to identify securities that offer superior yields yet at low levels of risk.

    - The fund is suited for a very short-term investing period (typically 3 months to 6 months)

    Fund discipline

    - The Scheme aims to allocate up to 100% of its net assets to debt and money market instruments such that the Macaulay duration of the portfolio will be between 3 months – 6 months

    - These instruments include high quality corporate bonds, G-secs as well as money market instruments such as treasury bills and commercial paper

    - The fund manager aims to identify instruments, that generate consistently superior yields at low levels of risks.

    - The overall portfolio structuring would aim at controlling risk at a moderate level. Both very aggressive and very defensive postures would be avoided.

    - Liquidity would be a key driver in the portfolio construction. Thus, from time to time it is possible that the portfolio may hold cash.

    Value Added Products

    - Systematic Transfer Plan (STP) investing allows investors to periodically transfer a pre-decided investment amount from this fund into any other open ended fund of Aditya Birla Sun Life

    - STP facility is available on daily, weekly, monthly or quarterly basis

    - Systematic Withdrawal Plan (SWP) investing allows investors to provide standing instructions for periodic withdrawal of specified amounts from investment in the fund.

    - The withdrawal can be ‘fixed withdrawal’ which specifies a fixed amount, or ‘appreciation withdrawal’ which provides for withdrawal of capital appreciation at periodic intervals

    - From daily to annual withdrawals, several period withdrawal options are available to investors

    - Systematic Investment Plan (SIP) investing allows investors to invest pre-determined sums of money regularly and at periodic intervals (monthly or weekly) in the fund

    - Potential to give investors benefit of compounding over the long term. Furthermore, through rupee cost averaging helps better manage market volatility

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

    Tax Applicability

    Investment held for less than 36 months

    Short Term Capital Gain Tax would be applicable. Any gains/profits would be added to income of the investor taxed at applicable slab rates (plus applicable surcharge and cess).

    Investment held for more than 36 months

    Long Term Capital Gain Tax would be applicable. Gains/profits would be taxed at 20% (plus applicable surcharge and cess) after 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.

    Read more about tax savings mutual funds

    Forms & Downloads

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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.

    Currently the regular plan has an expense ratio of ____%, whereas the direct plan charges a lower expense ratio of ____%.

    This fund applies an expense ratio to all investments. The annual expense ratio intends to cover the fund management and administrative costs of the fund. Thus, the expense ratio charged becomes a direct cost of your investment.

    The fund charges an expense ratio of ____% on a regular plan and ____% on a direct plan. (As on _______)

    AUM or assets under management denotes the total market value of investments in Aditya Birla Sun Life Savings Fund that is being managed by the fund house.

    Investments made in the direct plan of this fund can be easily redeemed online. This can be done either through the mobile app of Aditya Birla Sun Life Mutual fund or from its desktop-based webpage.

    Redemption can be made basis a specified amount or basis a specified number of units you wish to redeem.

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