Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Income Fund | Income Fund - ABSLMF

Aditya Birla Sun Life Income Fund

(An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4-7 years)

Class: Debt
Category: Medium to Long Term

Investment Objective

Investment objective is to generate consistent income through superior yields on its investments at moderate levels of risk

This product is suitable for investors who are seeking

  • Income with capital growth over medium to long term
  • Investments in debt and money market instruments

 

Fund Details

  • Fund Type - Open-Ended
  • Class - Debt
  • Category - Medium to Long Term
  • Min Investment - Rs. 1000/-
  • Fund Manager - Mr. Pranay Sinha
  • Latest NAV - 86.083 (as on 15-Oct-2019)
  • Inception Date - Oct 22, 1995
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Fund Performance

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

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.
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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%

Trailing Return

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Funds are bucketed on various parameters.
*Annualized returns are displayed for 1 year and above.
Annual return for 2017 will be added shortly.

Annualized Returns

Portfolio and Sector Holdings

Top 10 Holdings (As on 31.08.2019)

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Issuer % to Net Assets
Top 10 Sector Holdings Chart

Fund Summary

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

Highlights

  • High Credit Quality
  • Fixed Income Investment Strategy
  • Lower credit risk

Improve your fixed income returns

People generally look for that icing on the cake even while investing in fixed income funds. They not only want to keep their initial investment secure but they also look for better returns without taking any additional risk. For such people, Aditya Birla Sun Life Income Fund is a handy investment.

The fund predominantly focuses on long term growth, investing in low risk debt securities such as government securities. It exploits the short term opportunities for its investors without taking undue risk. By investing in fixed income investments of different tenures, the fund exploits investment opportunities and provides better returns.

Discipline

As the Scheme is an income scheme, the investment strategy will reflect the relatively conservative character of the portfolio. The fixed income investment strategy would emphasize investment in instruments that generate consistently superior yields at low levels of risk. Rigorous indepth credit evaluation and analysis aimed at ascertaining both the short term financial health and long term solvency of the debt issuers will be carried out by BSLAMC's research team. In addition, criteria such as sound corporate managements, prospects of good future growth and strong past performance will be considered. Essentially, the focus would be on long term fundamentally driven values. However, short term opportunities would also be seized, provided they are supported by underlying values. The Fund Benchmark is CRISIL Composite Bond Fund Index.

Aditya Birla Sun Life Income Fund

(An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4-7 years)

This product is suitable for investors who are seeking*

  • Income with capital growth over medium to long term
  • Investments in debt and money market instruments

 

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

Moderate Risk
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  • KIM - Aditya Birla Sun Life Income Fund
  • SID - Aditya Birla Sun Life Income Fund

Disclaimer

For further details on the Scheme, refer Scheme Information Document and Key Information Memorandum.

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