Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
Medium To Long Duration
Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 25 February, 2015. The fund is managed by Bhupesh Bameta. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has ₹1849 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 6.69% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.39%, 5.23% and 6.73% respectively.

Holdings

Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Government, Financial Services, Basic Materials, Corporate, Cash Equivalent, Utilities, Industrial. Its top holdings are 7.18% Govt Stock 2033, 7.18% Govt Stock 2037, 7.3% Govt Stock 2053, 7.25% Govt Stock 2063, LIC Housing Finance Ltd

Taxation

As it is a medium to long duration 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 Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl

The objective of the scheme is to generate consistent income through superior yields on its investments at moderate levels of risk through a diversified investment approach. This income may be complemented by price changes of instruments in the portfolio.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 0.00. Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.66%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹1849 Cr
Inception Date25 February, 2015
Min Lumpsum/SIP₹1000/--
Exit Load0%
Lock InNo Lock-in
TurnOver
729.92%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
72.5%
Corporate
23.2%
Cash Equivalent
4.3%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
23.46%
3.6%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
16.53%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
10.11%
0%
7.25% Govt Stock 2063
7.25% Govt Stock 2063
4.46%
0%
LIC Housing Finance Ltd
LIC Housing Finance Ltd
3.28%
0%

Bhupesh Bameta
Bhupesh Bameta
Fund Manager of Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl, since 6 August 2020

Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl 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 6.69% since inception which is more than its category average return of 5.73%
AUM size ₹1849 Cr

AUM size ₹1849 Cr

This fund has AUM of ₹1849 Cr which is more than its category average of ₹ 1020 Cr
Expense Ratio 0.66%

Expense Ratio 0.66%

This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.18%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl is ₹13.18 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.12%
1.12%
6 Month Returns
4.45%
4.45%
1 Year Returns
6.39%
6.39%
3 Years Returns
16.52%
5.23%
5 Years Returns
38.53%
6.73%
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.
0.66% as on May 2024
₹1849 Cr as on May 2024
7.18% Govt Stock 2033(23.46%), 7.18% Govt Stock 2037(16.53%), 7.3% Govt Stock 2053(10.11%), 7.25% Govt Stock 2063(4.46%), LIC Housing Finance Ltd(3.28%) as on May 2024
Government(72.5%), Corporate(23.16%), Cash Equivalent(4.34%) as on May 2024
Yield to Maturity is 7.42 as on May 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 6.54 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Bhupesh Bameta is the fund manager of Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Aditya Birla Sun Life Income Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl is 0%