Aditya Birla Sun Life Fixed Maturity Series UR 85 days Fund Direct Growth

Aditya Birla Sun Life Fixed Maturity Series UR 85 days Fund Direct Growth is a debt fund. This fund was started on 21 December, 2023. The fund is managed by Mohit Sharma. This fund is suitable to keep your money safe.

1. Aditya Birla Sun Life Fixed Maturity Series UR 85 days Fund Direct Growth has ₹105 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.
   

Aditya Birla Sun Life Fixed Maturity Series UR 85 days Fund Direct Growth has given a CAGR return of 1.68% since inception.

Aditya Birla Sun Life Fixed Maturity Series UR 85 days Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Rural Electrification Corporation Limited, Canara Bank, Axis Bank Limited, HDFC Bank Limited, National Bank For Agriculture And Rural Development

As it is a fixed maturity ultrashort bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The Scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme. The Scheme does not guarantee/indicate any returns. There is no assurance that the investment objective of the Scheme will be achieved

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 0.00. Aditya Birla Sun Life Fixed Maturity Series UR 85 days Fund Direct Growth has no lock in period.