Aditya Birla Sun Life Corporate Bond Fund Direct Growth

Aditya Birla Sun Life Corporate Bond Fund Direct Growth

Debt

Direct

Corporate Bond

NAV as on 06-12-2024

₹ 109.43

Inception Returns

8.3%

/yr

About Aditya Birla Sun Life Corporate Bond Fund Direct Growth

Aditya Birla Sun Life Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kaustubh Gupta. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Corporate Bond Fund Direct Growth has ₹23569 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Aditya Birla Sun Life Corporate Bond Fund Direct Growth has given a CAGR return of 8.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.29%, 6.76% and 7.34% respectively.

Holdings

Aditya Birla Sun Life Corporate Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Utilities, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.18% Govt Stock 2037, 7.1% Govt Stock 2034, Small Industries Development Bank Of India, 7.53% Govt Stock 2034

Taxation

As it is a corporate 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:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Aditya Birla Sun Life Corporate Bond Fund Direct Growth

The investment objective of the scheme is to generate optimal returns with high liquidity through active management of the portfolio by investing in High Quality Debt and Money Market Instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Corporate Bond Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
3686 people have invested ₹ 1.4Cr in Aditya Birla Sun Life Corporate Bond Fund Direct Growth in the last three months

Aditya Birla Sun Life Corporate Bond Fund Direct Growth Overview

Expense ratio0.34%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹23569 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
234.65%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (06-Dec-24)

Period
Aditya Birla Sun Life Corporate Bond Fund Direct Growth
Corporate Bond Index
1M
0.8%
0.7%
3M
2.3%
1.9%
6M
4.9%
4.3%
1Y
9.3%
8.2%
3Y
6.8%
5.9%
5Y
7.3%
6.2%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Corporate
56.6%
Government
38.8%
Cash Equivalent
4%
Securitize
0.5%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 23.3K Cr
₹ 22.5K Cr
₹ 21.4K Cr
  • AUM of the fund stands at 23.3K Cr as of Oct'24
  • AUM increased by 843.1 Cr between Oct'24 and Sep'24
Cash allocation has gone up from 3.6% to 4%
Cash allocation has gone up from 3.6% to 4%
Debt allocation has gone down from 96.2% to 95.8%
Debt allocation has gone down from 96.2% to 95.8%

Top 3 Sectors in October were Financial Services, Corporate & Government

Oct'24
Financial Services
67%
Corporate
57%
Government
39%
Sep'24
Financial Services
67%
Corporate
56%
Government
40%
  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
11.28%
2.2%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
6.23%
-0.4%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
4.02%
16.9%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
2.95%
0%
7.53% Govt Stock 2034
7.53% Govt Stock 2034
2.78%
0%
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Kaustubh Gupta
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Corporate Bond Fund Direct Growth, since 12 April 2021
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.89L Cr
as on 31-Oct-2024
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com

Mutual Fund Insights

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In the last 1 year, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 9.42% return, outperforming this fund by 0.12%.
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Over the last 3 months, this fund has experienced a 12.9% growth in AUM moving from 20.87K Cr to 23.56K Cr.
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In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 7.03% return, outperforming this fund by 0.27% per annum.
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Over the last 1 year, this fund has increased expense ratio by 9.7% moving from 0.31 to 0.34.
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This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.34% which is lower than the category average expense ratio of 0.5%.
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In the last 5 years, Axis Corporate Bond Fund Direct Growth has given 7.47% return, outperforming this fund by 0.13% per annum.

Aditya Birla Sun Life Corporate Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.26% since inception which is more than its category average return of 5.72%
AUM size ₹23569 Cr

AUM size ₹23569 Cr

This fund has AUM of ₹23569 Cr which is more than its category average of ₹ 6841 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions for Aditya Birla Sun Life Corporate Bond Fund Direct Growth

The current NAV of Aditya Birla Sun Life Corporate Bond Fund Direct Growth is ₹109.43 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Aditya Birla Sun Life Corporate Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.84%
0.84%
6 Month Returns
4.89%
4.89%
1 Year Returns
9.29%
9.29%
3 Years Returns
21.69%
6.76%
5 Years Returns
42.47%
7.34%
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0.34% as on November 2024
₹23569 Cr as on November 2024
7.18% Govt Stock 2033(11.28%), 7.18% Govt Stock 2037(6.23%), 7.1% Govt Stock 2034(4.02%), Small Industries Development Bank Of India(2.95%), 7.53% Govt Stock 2034(2.78%) as on November 2024
Corporate(57.25%), Government(38.51%), Cash Equivalent(3.73%) as on November 2024
Yield to Maturity is 7.46 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.84 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Kaustubh Gupta is the fund manager of Aditya Birla Sun Life Corporate Bond Fund Direct Growth
The Exit load of Aditya Birla Sun Life Corporate Bond Fund Direct Growth is 0%