Investment Objective

To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India.

This product is suitable for investors who are seeking

Generation of reasonable returns and liquidity over short term
Investment primarily in securities issued by Banks, Public Sector Undertakings and Public Financial Institutions in India

Value Added Products:

SIP

Systematic Investment Plan - Available Online & Offline for Direct & Regular investors to iron out intermittent market volatility and enable long term savings

Salient features of SIP:

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.

STP

Systematic Transfer Plan (STP) allows investors to save in both asset classes by transfering a fixed amount from one scheme and invest in another scheme

Investors have the option of:

Daily Systematic Transfer Plan
Weekly Systematic Transfer Plan
Monthly Systematic Transfer Plan
Quarterly Systematic Transfer Plan

Minimum Balance in the scheme at the time of enrollment for STP facility:

Daily Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.10,000/-
Weekly Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.6000
Monthly Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.6000
Quarterly Systematic Transfer Plan: Minimum balance in the scheme at the time of enrollment should be Rs.8000

Minimum Transfer Amount

For STP installments greater than Rs.500 but less than Rs.999, Investors are required to instruct for minimum 12 transfers of Rs.500 and in multiples of Re. 1thereafter. For STP installments of Rs.1000 and above, Investors are required to instruct for minimum 6 transfers of Rs.1000 and in multiples of Re. 1 thereafter.

SWP

Systematic Withdrawal Plan allows investors to withdraw a fixed amount of money from their mutual fund to build sustainable income streams while saving on Tax also

Investors have the option of:

Fixed Withdrawal - which allows investors of the Growth Plan to withdraw a fixed amount at regular intervals. Investors can withdraw fixed amount of Rs1,000/- each and above at regular intervals.

Appreciation Withdrawal - which allows investors of Growth Plan to withdraw the appreciation amount at regular intervals. Investors can withdraw appreciation of Rs1,000/- and above at regular intervals.

Withdrawal Frequency:

For Fixed Withdrawal Option: Investors can withdraw fixed amount on 1 or 7 or 10 or 14 or 20 or 21 or 28 of month/quarter/Half yearly and Annually for minimum 6 months/ 4 quarter/2 half years and 1 year. For Appreciation Withdrawal Option: Investors can withdraw appreciation on the 1 of each month/quarter for minimum 6 months/ 4 quarter.

CATP

Capital Appreciation Transfer Plan (CATP) allows investors to preserve their capital and transfer only capital appreciation to another asset class / scheme at regular intervals

Fund Details

Fund Type - Open-Ended
Class - Debt
Category - Banking & PSU Debt
Min Investment - Rs. 1000/-

Fund Manager - Mr. Kaustubh Gupta & Mr. Maneesh Dangi
Latest NAV - 261.317 (as on 27-Mar-2020)
Inception Date - Apr 20, 2002

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Fund Performance

Graphical Data

Trailing Return

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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Fund Management

Mr. Kaustubh Gupta

Total Experience : 14 years

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Kaustubh Gupta is a Senior Fund Manager with Aditya Birla Sun Life AMC Limited (ABSLAMC). Kaustubh brings with him 14 years of extensive investment experience having worked in various capacity of treasury finance, liquidity management and now fund management.

Prior to joining ABSLAMC in 2009, Kaustubh worked with ICICI Bank for 5 year in the Asset Liability Management team.

Kaustubh is a Chartered Account and CFA (Level 2) by qualification.
Mr. Maneesh Dangi

Total Experience : 20 years

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As Co-Chief Investment Officer, Maneesh Dangi spearheads Fixed Income investments at Aditya Birla Sun Life AMC Limited. With close to twenty years of rich experience in Finance and Research, Maneesh leads a team of twenty-two, comprising fund managers and analysts, managing over INR 1.6 lakh crores.

Maneesh has been with Aditya Birla Sun Life AMC for over a decade now. He manages funds such as ABSL Banking & PSU Debt Fund, ABSL Corporate Bond Fund, ABSL Credit Risk Fund, ABSL Medium Term Plan, ABSL Short Term Fund, and ABSL Dynamic Bond Fund.

Maneesh is an MBA in Finance and FRM.

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Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.

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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 29.02.2020)

Issuer	% to Net Assets

Top 10 Sector Holdings Chart

Portfolio Holding

Issuer	% to Net Assets

Fund Summary

Entry Load

Exit Load

Load Comments

NIL

**Exit Load is NIL for units issued in Dividend Reinvestment.

Highlights

Provides a convenient and liquid investment avenue to park short term savings
Better returns with lower risk and quality debt investments

Better returns on short term savings

Besides investing in a low risk investment, if an investor wants the money to get a good return without losing out on easy access, Aditya Birla Sun Life Banking & PSU Debt Fund can be actively considered. It is a fund that aims to combine the convenience of parking your savings with an opportunity to earn higher returns after tax.

Better returns from low risk investments

The fund designs it investment portfolio of debt securities so as to generate returns by prudently investing in sectors and issues of debt securities that provide consistently superior yields at low levels of risk.

Discipline

The fund follows a diligent identification process for securities to pick the right debt and money market investment and that too, at the appropriate time. To reduce the interest rate risk of the portfolio, the fund also identifies the opportunities to invest the fund’s money in investments offering floating interest rates. In tune with the investment objectives of the scheme, the investments are made primarily in short term securities including bonds and debentures. The Fund Benchmark is CRISIL Short Term Bond Fund Index.

Aditya Birla Sun Life Banking & PSU Debt Fund

(An open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.)

This product is suitable for investors who are seeking*

Generation of reasonable returns and liquidity over short term
Investment primarily in securities issued by Banks, Public Sector Undertakings and Public Financial Institutions in India

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