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.

1. Aditya Birla Sun Life Credit Risk Fund Direct Growth has ₹917 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
2. The fund has an expense ratio 0.7.
   

Aditya Birla Sun Life Credit Risk Fund Direct Growth has given a CAGR return of 8.32% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.86%, 8.09% and 7.63% respectively.

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

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.

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 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.