Aditya Birla Sun Life Mutual Fund

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 18 months)

Class: Debt
Category: Low Duration

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.

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.

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
  • Latest NAV - 473.395 (as on 19-Nov-2019)
  • Inception Date - May 15, 1998
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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. 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.
  • Mr. Mohit Sharma

    Total Experience : 13 years

    View Full Profile
    Mohit Sharma is a Fund Manager with Aditya Birla Sun Life AMC Limited (ABSLAMC), with total experience of over 13 years.

    Mohit has been part of ABSLAMC for last 3yrs. His prior experience include stints at Standard Chartered Bank, ICICI Bank, Irevna Limited (Subsidiary of CRISIL) and as an entrepreneur.

    Mohit did his Management Studies from IIM Calcutta (2005) and Engineering studies from IIT Madras (2003).
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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 31.10.2019)

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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

  • Higher Liquidity
  • Higher Safety of Capital

A smart way to earn higher returns on idle short term savings

The smart way of managing money is not just about earning more of it but making it work hard for you. Whether you are a salaried individual or a businessman, you always tend to have some idle cash earning low interest in a bank savings account. Aditya Birla Sun Life Low Duration Fund keeps your money easily accessible and yet offers you the potential to earn more than the interest from a savings bank account. You can withdraw your investment in Aditya Birla Sun Life Low Duration Fund at any time without any charge. You can also avail of the direct credit facility to your bank account and the withdrawn amount normally gets credited to your bank within one working day.

ABSL Cash Manager invests your money in highly rated debt market securities, money market instruments of shorter maturities like CBLO and repo. This makes the investment less volatile. The investment strategy of the fund is to provide stable returns by minimizing the interest rate risk in the short, as well as, the long term. The Fund Benchmark is CRISIL Short Term Bond Fund Index.

Discipline

The fund restricts its investment to highly rated securities and thus minimises credit or default risk.

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 18 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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DOWNLOAD

  • KIM - Aditya Birla Sun Life Low Duration Fund
  • SID - Aditya Birla Sun Life Low Duration Fund
  • Product Brochure

Disclaimer

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

 
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