Aditya Birla Sun Life Low Duration Fund Direct Growth

Aditya Birla Sun Life Low Duration Fund Direct Growth

Debt

Direct

Low Duration

NAV as on 06-12-2024

₹ 694.67

Inception Returns

8%

/yr

About Aditya Birla Sun Life Low Duration Fund Direct Growth

Aditya Birla Sun Life Low Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kaustubh Gupta, Mohit Sharma. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Low Duration Fund Direct Growth has ₹11445 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Aditya Birla Sun Life Low Duration Fund Direct Growth has given a CAGR return of 8.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.09%, 6.83% and 6.70% respectively.

Holdings

Aditya Birla Sun Life Low Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are National Housing Bank, Bank Of Baroda, Bharti Telecom Limited, National Bank For Agriculture And Rural Development, National Housing Bank

Taxation

As it is a low 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 Low Duration Fund Direct Growth

The objective of the scheme is to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of short maturities with a view to provide reasonable returns.

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 Low Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
823 people have invested ₹ 73.7L in Aditya Birla Sun Life Low Duration Fund Direct Growth in the last three months

Aditya Birla Sun Life Low Duration Fund Direct Growth Overview

Expense ratio0.42%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹11445 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
188.77%
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
Moderate Risk

Trailing Returns

as on (06-Dec-24)

Period
Aditya Birla Sun Life Low Duration Fund Direct Growth
Low Duration Index
1M
0.6%
0.5%
3M
2%
1.7%
6M
4%
3.6%
1Y
8.1%
7.4%
3Y
6.8%
6.1%
5Y
6.7%
6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
86.1%

AA
13.9%

Sector Allocation

Oct'24

Sep'24

Aug'24

Corporate
51.2%
Cash Equivalent
31.9%
Government
16.9%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 11.2K Cr
₹ 10.4K Cr
₹ 10.9K Cr
  • AUM of the fund stands at 11.2K Cr as of Oct'24
  • AUM increased by 826.8 Cr between Oct'24 and Sep'24
Cash allocation has gone up from 21.7% to 31.8%
Cash allocation has gone up from 21.7% to 31.8%
Debt allocation has gone down from 78% to 67.9%
Debt allocation has gone down from 78% to 67.9%

Top 3 Sectors in October were Financial Services, Corporate & Government

Oct'24
Financial Services
100%
Corporate
51%
Government
17%
Sep'24
Financial Services
100%
Corporate
73%
Government
19%
  • Debt & Cash

Holdings
Weight%
1M Change
National Housing Bank
National Housing Bank
3.5%
0%
Bank Of Baroda
Bank Of Baroda
3.37%
0%
Bharti Telecom Limited
Bharti Telecom Limited
2.71%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
2.66%
-1.6%
National Housing Bank
National Housing Bank
2.62%
0%
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Kaustubh Gupta
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Low Duration Fund Direct Growth, since 15 July 2011
Mohit Sharma
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Low Duration Fund Direct Growth, since 1 April 2017
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, Kotak Low Duration Fund- Direct Plan- Growth Option has given 8.25% return, outperforming this fund by 0.16%.
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This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.42% which is lower than the category average expense ratio of 0.67%.
Insights icon
In the last 3 years, this fund has outperformed all funds in its category.
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Over the last 6 months, this fund has experienced a 3.4% drop in AUM moving from 11.84K Cr to 11.44K Cr.
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In the last 5 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.19% return, outperforming this fund by 0.49% per annum.
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Over the last 1 year, this fund has increased expense ratio by 10.5% moving from 0.38 to 0.42.

Aditya Birla Sun Life Low Duration Fund Direct Growth 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 8% since inception which is more than its category average return of 5.04%
AUM size ₹11445 Cr

AUM size ₹11445 Cr

This fund has AUM of ₹11445 Cr which is more than its category average of ₹ 4380 Cr
Expense Ratio 0.42%

Expense Ratio 0.42%

This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions for Aditya Birla Sun Life Low Duration Fund Direct Growth

The current NAV of Aditya Birla Sun Life Low Duration Fund Direct Growth is ₹694.67 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Aditya Birla Sun Life Low Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.63%
0.63%
6 Month Returns
4%
4%
1 Year Returns
8.09%
8.09%
3 Years Returns
21.92%
6.83%
5 Years Returns
38.32%
6.7%
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.
0.42% as on November 2024
₹11445 Cr as on November 2024
National Housing Bank(3.5%), Bank Of Baroda(3.37%), Bharti Telecom Limited(2.71%), National Bank For Agriculture And Rural Development(2.66%), National Housing Bank(2.62%) as on November 2024
Corporate(60.1%), Cash Equivalent(21.85%), Government(18.05%) as on November 2024
Yield to Maturity is 7.54 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 0.91 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
86.13
AA
13.87
Kaustubh Gupta, Mohit Sharma are the fund managers of Aditya Birla Sun Life Low Duration Fund Direct Growth
The Exit load of Aditya Birla Sun Life Low Duration Fund Direct Growth is 0%