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Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life Low Duration Fund | Low Duration Fund - ABSLMF

Aditya Birla Sun Life Low Duration Fund

(An open ended low duration debt scheme investing in instruments such that Macaulay duration of the portfolio is between 6 months and 12 months)

Class: Debt
Category: Low Duration
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Investment Objective

The objective of the scheme is to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of short maturities with a view to provide reasonable returns.

This product is suitable for investors who are seeking

  • Reasonable returns with convenience of liquidity over short term
  • Investments in a basket of debt and money market instruments of short maturities

Who should invest in this fund?

  • A low duration portfolio investing in debt and money market instruments.
  • Macaulay Duration of the portfolio will be in the range of 6-18 months.

Risk Positioning:

Product Videos: Know Your Fund


Value Added Products:

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.

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

Smart Premium Payment Facility (SPPF) allows common customers of ABSLI and ABSLAMC to provide long term savings (comparable to FD rates) while allowing their insurance premium in BSLI to be paid directly out of this corpus without any associated cost. The eligible scheme for availing this facility is ABSL Cash Manager Fund

Fund Details

  • Fund Type - Open-Ended
  • Class - Debt
  • Category - Low Duration
  • Min Investment - Rs. 100/-
  • Fund Manager - Mr. Kaustubh Gupta & Mr. Mohit Sharma & Mr. Mohamed Irfan
  • Latest NAV - 523.605 (as on 30-Jul-2021)
  • Inception Date - May 15, 1998
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Fund Performance

Graphical Data

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

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Fund Management

  • Mr. Kaustubh Gupta

    Total Experience : 17 years

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    Kaustubh Gupta is the Co-Head of Fixed Income at Aditya Birla Sun Life AMC Limited (ABSLAMC). Kaustubh brings with him 17 years of extensive investment experience having worked in various capacity of treasury finance, liquidity management and fund management. As Co-Head, Kaustubh leads the overall fixed income portfolio 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. Mohit Sharma

    Total Experience : 15 years

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    Mohit Sharma is a Senior Fund Manager with Aditya Birla Sun Life AMC Limited (ABSLAMC), with total experience of over 15 years.

    Mohit has been part of ABSLAMC for last 5 years. His prior experience include stints at Standard Chartered Bank, ICICI Bank, Irevna Limited (Subsidiary of CRISIL) and as an entrepreneur.
    br> Mohit did his Management Studies from IIM Calcutta (2005) and Engineering studies from IIT Madras (2003).
  • Mr. Mohamed Irfan

    Total Experience : 8 years

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    Mohamed Irfan is a fund manager with Aditya Birla Sun Life AMC Limited. He has an overall experience of 8 years spanning across investment research, finance and strategy in the Aditya Birla Group. He has been associated with the fixed income investments team of ABSLAMC since 2016.

    Prior to this role, he worked with the Chief Economist in the Group’s Corporate Economics Cell.
    Irfan is an MBA from IIM Bangalore.
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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 30.06.2021)

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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

  • Higher Liquidity
  • Higher Safety of Capital

There may be times when you find yourself in receipt of surplus funds - maybe a bonus cheque or a windfall gain in your business. You may need to set aside this money as a down payment for a house in an upcoming project or to buy a car expected to launch soon. Keeping it idle may mean this money can end up getting unnecessarily spent. Is there an instrument to invest this money with safety and liquidity and earns reasonable return?

Aditya Birla Sun Life Low Duration fund seeks to invest in a diversified portfolio high credit quality debt & money market instruments of short maturities. This scheme has growth option as well daily and weekly dividend options (which can be reinvested). You can redeem your investments at any time. You can avail the direct credit facility to your bank account and the redemption would be credited to your registered bank account on T+1 day.

Suitable For: Short term goals

Ideal Investment Horizon: 3-12 months

Fund Investment Strategy:

The aim of the investment strategy is to provide stable returns by minimizing the interest rate risk in the short as well as long term. The Scheme aims to identify securities, which offer superior levels of yield at lower levels of risks. Liquidity will also be an important criterion and a reasonable proportion of the investment will be made in relatively liquid investments. In addition, the Fund Management team will study the macro economic conditions affecting liquidity and interest rates. The Fund Manager would use this analysis to attempt to predict the likely direction of interest rates and position the portfolio appropriately to take advantage of the same.

Aditya Birla Sun Life Low Duration Fund

(An open ended low duration debt scheme investing in instruments such that Macaulay duration of the portfolio is between 6 months and 12 months)

This product is suitable for investors who are seeking*

  • Reasonable returns with convenience of liquidity over short term
  • Investment in a basket of debt and money market instruments of short maturities

 

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

Moderately Low
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Disclaimer

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

 
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