Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth

Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth

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Debt
Direct
Credit Risk
NAV: ₹ 20.5 as on 24-05-2024

About the Fund

Aditya Birla Sun Life Credit Risk Fund Direct Plan 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 Plan Growth has ₹929 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.
Fund Performance
zero opening, trading, fund transfer fee
36 people have invested ₹ 1.6L in Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
0.68%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹929 Cr
Inception Date
Inception Date
17 April, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
3%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
73.05%

Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth Distribution as on (30-Apr-24)

  • Equity 0.7%

  • Debt & Cash 94.3%

Sector Allocation

Apr'24

Mar'24

Feb'24

Industrial
100%

Top Holdings of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings1
Debt Holdings46

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 971.3 Cr
₹ 983.7 Cr
₹ 986.2 Cr
  • AUM of the fund stands at 971.3 Cr as of Apr'24
  • AUM decreased by 12.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

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In the last 5 years, ICICI Prudential Credit Risk Fund Direct Plan Growth has given 8.26% return, outperforming this fund by 0.7% per annum.
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In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 16.09% return, outperforming this fund by 8.34%.
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Over the last 3 months, this fund has experienced a 5.9% drop in AUM moving from 987.44 Cr to 928.77 Cr.
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In the last 3 years, UTI Credit Risk Fund Direct Plan Growth Option has given 11.62% return, outperforming this fund by 3.93% per annum.
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This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.68% which is lower than the category average expense ratio of 1.22%.

Fund Manager

Sunaina Cunha
Sunaina Cunha
Fund Manager of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth, since 17 April 2015
Mohit Sharma
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth, since 6 August 2020

Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth Highlights

Risk meter
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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 8.2% since inception which is more than its category average return of 5.27%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.67% in Equity, 87.77% in Debt and 6.51% in Cash related instruments
AUM size ₹929 Cr

AUM size ₹929 Cr

This fund has AUM of ₹929 Cr which is less than its category average of ₹ 1237 Cr
Expense Ratio 0.68%

Expense Ratio 0.68%

This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.15%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth is ₹20.5 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.78%
0.78%
6 Month Returns
4.16%
4.16%
1 Year Returns
7.75%
7.75%
3 Years Returns
24.89%
7.69%
5 Years Returns
44%
7.57%
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.
0.68% as on April 2024
₹929 Cr as on April 2024
7.26% Govt Stock 2033(7.06%), 7.18% Govt Stock 2033(7.04%), Century Textiles And Industried Limited(5.38%), TATA Projects Limited(5.34%), 7.1% Govt Stock 2034(4.32%) as on April 2024
Corporate(63.76%), Government(27.39%), Cash Equivalent(6.67%) as on April 2024
Yield to Maturity is 8.37 as on April 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 2.36 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
58.79
AAA
36.59
A
4.62
Sunaina Cunha, Mohit Sharma are the fund managers of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth
The Exit load of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth is 3%