Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Medium Term Plan | Medium Term Plan - ABSLMF

Aditya Birla Sun Life Medium Term Plan

(An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3-4 years)
Number of Segregated Portfolios- 1

Class: Debt
Category: Medium Duration

Investment Objective

The investment objective of the Scheme is to generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium term maturity.

This product is suitable for investors who are seeking

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

Risk Positioning:

Important Notice:

Acceptance of fresh subscription/switch-in application(s) in the Scheme is temporarily suspended with effect from Friday, May 22, 2020 (‘Effective Date’) till further notice. Further, no fresh registrations under systematic transactions viz., SIP/CSIP/STP will be accepted from the effective date till further notice. However, for installments falling due under SIP/CSIP/STP registered prior to the effective date will be processed under respective Plans/Options of the Scheme.

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.

Smart Withdrawal Facility offers fixed payment option & variable payment option to allow investor to receive income @@8% p.a. at fixed intervals or equivalent to dividend payment in the fund respectively. This helps in building regular cash flows, Tax efficiency, No TDS, No exit load impact. Available in BAF, Bal '95, BDYP, MIP 25, MTP, CBF, DBF, STOP

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

Century SIP - SIP to enable your long term wealth creation while providing Free Life Insurance of upto Rs 50 Lacs

Century SIP - In addition to the regular SIP facility for the Scheme, Aditya Birla Sun Life Century SIP (CSIP) gives the benefit of Free Life Insurance cover up to Rs.50Lacs. It is eligible for individual investors whose age is 18 years and above but less than 51 years, at the time of the first investment. In case of joint unit holders in the scheme, only the first unit holder would be eligible for the insurance cover.

Investment Amount in Century SIP

  • Minimum: Rs1000 per month
  • Maximum: No upper limit

Investors should note that once CSIP is availed, CSIP amount cannot be changed. However, investors can avail the step-up SIP feature.

Tenure of Century SIP

60 Years and less than the current completed age of the investor. If the investor has chosen an end date which is beyond 60 years of age the SIP will continue beyond the age of 60, however without any insurance benefits.

Amount of Insurance Cover:

If Century SIP continues, the insurance cover would be as follows:

  • Year 1 : 10 times the monthly Century SIP installment
  • Year 2 : 50 times the monthly Century SIP installment
  • Year 3 onwards : 100 times the monthly Century SIP installment

All the above mentioned limits are subject to maximum cover of Rs.50 lacs per investor across all schemes/plans/folios of the fund.

Fund Details

  • Fund Type - Open-Ended
  • Class - Debt
  • Category - Medium Duration
  • Min Investment - Rs. 1000/-
  • Fund Manager - Mr. Mohit Sharma & Ms. Sunaina da Cunha
  • Latest NAV - 22.586 (as on 07-Aug-2020)
  • Inception Date - Mar 26, 2009
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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. 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).
  • 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 30.06.2020)

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Issuer % to Net Assets
Top 10 Sector Holdings Chart

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switched out without any exit load from the date of allotment.
Any redemption in excess of the above limit shall be subject to the following exit load:
• For redemption / switch-out of units on or before 1 year from the date of allotment - 2.00% of applicable NAV.
• For redemption / switch-out of units after 1 year but on or before 2 years from the date of allotment - 1.00% of applicable NAV
• For redemption / switch-out of units after 2 years - Nil
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Highlights

  • In-depth credit research
  • Identifying mis-priced credit opportunities
  • Accrual investment strategy

You might find yourself in a quandary as to how to fund your medium-term financial goals, those which you wish to achieve in about 3 years. These can include upgrading to a next version car, accumulating funds to start your own business etc. Traditional saving instruments may not be lucrative enough for this period, whereas equity instruments may not be effective enough in a term of 3-4 years. You can opt for Aditya Birla Sun Life Medium Term Plan to help you achieve for such goals.

This scheme invests primarily in a diverse portfolio of debt securities of medium duration of 3 to 4 years. It monitors the market interest rate scenario with an aim to earn optimised income as well as seize opportunities for capital appreciation. In-depth credit research and selection of funds aims to give investors balanced risks.

Suitable For: Medium term goals

Ideal Investment Horizon: 3 years and above

Fund Investment Strategy:

Depending upon prevailing market conditions & interest rate scenario the duration may be modulated within the stated band. In case of a rising interest rate environment, the duration of the fund may be reduced and holding in Liquid bonds & money market securities could go up whereas in a falling interest rate scenario the holding in medium / long dated securities may be maximized. p>

Aditya Birla Sun Life Medium Term Plan (Number of Segregated Portfolios- 1)

(An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3-4 years)

This product is suitable for investors who are seeking*

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

 

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

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DOWNLOAD

  • KIM - Aditya Birla Sun Life Medium Term Plan
  • SID - Aditya Birla Sun Life Medium Term Plan
  • Product Brochure

Disclaimer

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

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