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Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Liquid Fund | Liquid Fund - ABSLMF

Aditya Birla Sun Life Liquid Fund

(An Open-ended Liquid Scheme)

Class: Debt
Category: Liquid
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Investment Objective

An Open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.

This product is suitable for investors who are seeking

  • Investments that offer reasonable returns, high level of safety and convenience of liquidity over short-term.
  • Investments in high-quality debt and money market instruments

With effect from 20th October 2019 SEBI has introduced a graded exit load for redemptions made within 7 days from the date of investment. The graded exit load ranges from 0.0070% (day 1) to 0.0045% (day 6).


Value Added Products:

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.

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.

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 - Liquid
  • Min Investment - Fresh Purchase (including switch-in): Rs.500/- and in multiples of Re. 1/- thereafter, Additional Purchase (including switch-in): Rs. 500/- and in multiples of Re. 1/- thereafter
  • Fund Manager - Mr. Kaustubh Gupta & Ms. Sunaina da Cunha
  • Latest NAV - 314.306 (as on 22-Jan-2020)
  • Inception Date - Jun 17, 1997
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Fund Performance

Graphical Data

Trailing Return

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*Annualized returns are displayed for 1 year and above.

Annualized Returns

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Fund Management

  • Mr. Kaustubh Gupta

    Total Experience : 14 years

    View Full Profile
    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.
  • Ms. Sunaina da Cunha

    Total Experience : 14 years

    View Full Profile
    Sunaina da Cunha is a Fund Manager at Aditya Birla Sun Life AMC Limited. She has an overall experience of 14 years in fixed income fund management with an expertise in structuring bond solution and credit transactions.

    She has been a part of the Aditya Birla Group since 2004 having started as a Group Management Trainee in Aditya Birla Management Corporation Private Limited.

    Sunaina is a CFA Charter Holder from CFA Institute, Virginia, USA. She also has a Master’s degree in Business Administration from Faculty of Management Studies (FMS), University of Delhi.
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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 31.12.2019)

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Issuer % to Net Assets
Top 10 Sector Holdings Chart

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
Investor Exit upon subscription (Exit load as % of redemption) - Day 1 - 0.0070%,
Day 2 - 0.0065%,
Day 3 - 0.0060%,
Day 4 - 0.0055%,
Day 5 - 0.0050%,
Day 6 - 0.0045%,
Day 7 Onwards - 0.0000%
-

Highlights

  • Reasonable Returns
  • High Levels of Safety

Safety with higher liquidity

If preservation of your capital is a major concern for you but you still want to earn a better return, your search ends with Aditya Birla Sun Life Liquid Fund. It is a highly liquid, income scheme that focuses on preventing erosion of your capital. Every investment in the portfolio is painstakingly picked to ensure that it is of the highest quality and minimal risk. Money is invested in lower risk investments such as repo, treasury bills, commercial paper, certificates of deposit and non-convertible debentures. This gives you a "parking" alternative which can yield better returns for money that would otherwise have idled in your bank account.

Launched in 1997, Aditya Birla Sun Life Liquid Fund (ABSLF), is a first-of-its-kind scheme that has proven to be immensely popular with fund managers and individuals; making it a perfect money management solution. It lets you invest and withdraw money at any time, and also offers you the freedom of having a 'zero balance' for a certain period. Also, you need not worry about keeping a tab on your transactions, as the scheme comes with a passbook that records subscriptions and redemptions.

Discipline

The Scheme will invest the entire net assets in fixed income and money market securities with flexibility to invest in the whole spectrum of debt and money market instruments. Depending upon liquidity needs and other considerations, the scheme may also hold cash or cash equivalents including call money. The Fund Benchmark is CRISIL Liquid Fund Index.

Aditya Birla Sun Life Liquid Fund

(An Open-ended Liquid Scheme)

This product is suitable for investors who are seeking*

  • Investments that offer reasonable returns, high level of safety and convenience of liquidity over short-term.
  • Investments in high-quality debt and liquid investments.

 

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

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Disclaimer

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

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