Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl

Debt
Direct
Credit Risk
Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl

About the Fund

Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl 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 Rnvstmnt Inc Dist cum Cap Wdrl has ₹921 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.

Returns

Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl has given a CAGR return of 6.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.04%, 6.32% and 6.31% respectively.

Holdings

Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl 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

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 Plan Rnvstmnt Inc Dist cum Cap Wdrl

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 0.00. Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.67%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹921 Cr
Inception Date17 April, 2015
Min Lumpsum/SIP₹100/--
Exit Load
3%
Lock InNo Lock-in
TurnOver
73.05%
Risk
Risk meter
pointer
Moderately High risk

Fund Distribution
as on (30-Jun-24)

  • Equity 0.7%

  • Debt & Cash 94.2%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
100%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Equity

  • Debt & Cash

Sunaina Cunha
Sunaina Cunha
Fund Manager of Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl, since 17 April 2015
Mohit Sharma
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl, since 6 August 2020

Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl 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 6.58% since inception which is more than its category average return of 5.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.66% in Equity, 86.93% in Debt and 7.3% in Cash related instruments
AUM size ₹921 Cr

AUM size ₹921 Cr

This fund has AUM of ₹921 Cr which is less than its category average of ₹ 1265 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 1.08%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl is ₹12.45 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.55%
1.55%
6 Month Returns
5.07%
5.07%
1 Year Returns
5.04%
5.04%
3 Years Returns
20.17%
6.32%
5 Years Returns
35.82%
6.31%
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 June 2024
₹921 Cr as on June 2024
7.18% Govt Stock 2037(9.89%), 7.18% Govt Stock 2033(8.76%), Century Textiles And Industried Limited(5.43%), Steel Authority Of India Limited(3.26%), JSW Steel Limited(3.26%) as on June 2024
Corporate(64.21%), Government(26.06%), Cash Equivalent(7.48%) as on June 2024
Yield to Maturity is 8.25 as on June 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 2.56 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
54.08
AAA
40.92
A
4.99
Sunaina Cunha, Mohit Sharma are the fund managers of Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl
The Exit load of Aditya Birla Sun Life Credit Risk Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl is 3%