Aditya Birla Sun Life Credit Risk Fund Direct Growth

Aditya Birla Sun Life Credit Risk Fund Direct Growth

Debt

Direct

Credit Risk

NAV as on 06-12-2024

₹ 22.31

Inception Returns

8.7%

/yr

About Aditya Birla Sun Life Credit Risk Fund Direct Growth

Aditya Birla Sun Life Credit Risk Fund Direct Growth is a debt fund. This fund was started on 17 April, 2015. The fund is managed by Sunaina Cunha, Mohit Sharma. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Credit Risk Fund Direct Growth has ₹936 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Aditya Birla Sun Life Credit Risk Fund Direct Growth has given a CAGR return of 8.70% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.27%, 9.58% and 9.26% respectively.

Holdings

Aditya Birla Sun Life Credit Risk Fund Direct Growth has allocated its funds majorly in Corporate, Real Estate, Utilities, Government, Cash Equivalent, Industrial, Securitize. Its top holdings are 7.18% Govt Stock 2037, 7.18% Govt Stock 2033, Century Textiles And Industried Limited, JSW Steel Limited, Hinduja Housing Finance Limited 8.85%

Taxation

As it is a credit risk 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 Credit Risk Fund Direct Growth

The investment objective of the Scheme is to generate returns by predominantly investing in a portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade. The Scheme does not guarantee/indicate any returns. There can be no assurance that the Schemes' objectives will be achieved.

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 Credit Risk Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
62 people have invested ₹ 27.6L in Aditya Birla Sun Life Credit Risk Fund Direct Growth in the last three months

Aditya Birla Sun Life Credit Risk Fund Direct Growth Overview

Expense ratio0.67%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹936 Cr
Inception Date17 April, 2015
Min Lumpsum/SIP₹100/₹100
Exit Load
3.0%
Lock InNo Lock-in
TurnOver
106.56%
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
Moderately High risk

Trailing Returns

as on (06-Dec-24)

Period
Aditya Birla Sun Life Credit Risk Fund Direct Growth
Credit Risk Index
1M
0.7%
0.6%
3M
5.1%
1.8%
6M
8.8%
4.2%
1Y
13.3%
8.1%
3Y
9.6%
9.1%
5Y
9.3%
6.7%

Fund Distribution

as on (31-Oct-24)

  • Equity 4.7%

  • Debt & Cash 92.8%

Sector Allocation

Oct'24

Sep'24

Aug'24

Real Estate
58.8%
Utilities
28.4%
Industrial
12.9%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 936 Cr
₹ 917 Cr
₹ 914.2 Cr
  • AUM of the fund stands at 936 Cr as of Oct'24
  • AUM increased by 19 Cr between Oct'24 and Sep'24
Cash allocation has gone up from 16.2% to 17.8%
Cash allocation has gone up from 16.2% to 17.8%
Debt allocation has gone up from 73.6% to 74.9%
Debt allocation has gone up from 73.6% to 74.9%

Top 3 Sectors in October were Corporate, Real Estate & Utilities

Oct'24
Real Estate
59%
Corporate
58%
Utilities
28%
Sep'24
Corporate
59%
Real Estate
59%
Utilities
28%
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Sunaina Cunha
Sunaina Cunha
Fund Manager of Aditya Birla Sun Life Credit Risk Fund Direct Growth, since 17 April 2015
Mohit Sharma
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Credit Risk Fund Direct Growth, since 6 August 2020
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

Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.67% which is lower than the category average expense ratio of 1.19%.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 3 years, DSP Credit Risk Fund Direct Plan Growth has given 11.64% return, outperforming this fund by 2.06% per annum.

Aditya Birla Sun Life Credit Risk Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.7% since inception which is more than its category average return of 5.46%
Fund Allocations

Fund Allocations

This fund has an allocation of 4.66% in Equity, 76.4% in Debt and 16.42% in Cash related instruments
AUM size ₹936 Cr

AUM size ₹936 Cr

This fund has AUM of ₹936 Cr which is less than its category average of ₹ 1209 Cr
Expense Ratio 0.67%

Expense Ratio 0.67%

This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions for Aditya Birla Sun Life Credit Risk Fund Direct Growth

The current NAV of Aditya Birla Sun Life Credit Risk Fund Direct Growth is ₹22.31 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Aditya Birla Sun Life Credit Risk Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.74%
0.74%
6 Month Returns
8.77%
8.77%
1 Year Returns
13.27%
13.27%
3 Years Returns
31.58%
9.58%
5 Years Returns
55.71%
9.26%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.67% as on November 2024
₹936 Cr as on November 2024
7.18% Govt Stock 2037(9.82%), 7.18% Govt Stock 2033(6.75%), Century Textiles And Industried Limited(5.34%), JSW Steel Limited(3.21%), Hinduja Housing Finance Limited 8.85%(3.1%) as on November 2024
Corporate(57.15%), Government(20.08%), Cash Equivalent(16.87%) as on November 2024
Yield to Maturity is 8.01 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 2.06 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
64.38
AAA
29
A
6.62
Sunaina Cunha, Mohit Sharma are the fund managers of Aditya Birla Sun Life Credit Risk Fund Direct Growth
The Exit load of Aditya Birla Sun Life Credit Risk Fund Direct Growth is 3%