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Aditya Birla Sun Life Low Duration Fund Direct Growth

Aditya Birla Sun Life Low Duration Fund Direct Growth

Debt

Direct

Low Duration

About the Fund

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

Aditya Birla Sun Life Low Duration Fund Direct Growth has ₹11065 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
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 7.66%, 6.35% and 6.79% respectively.

Holdings

Aditya Birla Sun Life Low Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.38% Govt Stock 2027, 5.63% Govt Stock 2026, National Housing Bank, Bharti Telecom Limited, National Bank For Agriculture And Rural Development

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.

Fund Performance

821 people have invested ₹ 2.1Cr in Aditya Birla Sun Life Low Duration Fund Direct Growth in the last three months

Fund Overview

Expense ratio	0.41%
Benchmark	CRISIL Liquid Fund TR INR
AUM	₹11065 Cr
Inception Date	1 January, 2013
Min Lumpsum/SIP	₹100/₹100
Exit Load	0%
Lock In	No Lock-in
TurnOver	179.36%
Risk	Moderate Risk

Fund Distribution
as on (31-Dec-69)

Debt & Cash 99.7%

AAA

88.5%

11.5%

Sector Allocation

Jun'24

May'24

Apr'24

Corporate

73.8%

Government

21.4%

Cash Equivalent

4.8%

All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

Debt & Cash

Holdings	Weight%	1M Change
7.38% Govt Stock 2027	6.4%	0%
5.63% Govt Stock 2026	3.98%	0%
National Housing Bank	3.61%	0%
Bharti Telecom Limited	2.8%	0%
National Bank For Agriculture And Rural Development	2.79%	0%

See all

Returns %
Fund Ratios
Overview

Funds	1Y Returns	3Y Returns	5Y Returns	Since Inception
Aditya Birla Sun Life Low Duration Fund Direct Growth	7.7%	6.3%	6.8%	8%
ICICI Prudential Savings Fund Direct Plan Growth	7.8%	6.2%	6.6%	7.8%
HDFC Low Duration Direct Plan Growth Option	7.8%	6.3%	6.7%	7.7%
Kotak Low Duration Fund- Direct Plan- Growth Option	7.7%	6.2%	6.8%	8%

See all

Kaustubh Gupta

Fund Manager of Aditya Birla Sun Life Low Duration Fund Direct Growth, since 15 July 2011

Top funds managed

Scheme	Annualised Returns(3Y)	Category Returns(3Y)
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth	6.12%	5.03%
Aditya Birla Sun Life Liquid Direct Plan Growth	5.98%	5.13%
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth	6.26%	5.44%

Mohit Sharma

Fund Manager of Aditya Birla Sun Life Low Duration Fund Direct Growth, since 1 April 2017

Top funds managed

Scheme	Annualised Returns(3Y)	Category Returns(3Y)
Aditya Birla Sun Life Low Duration Direct Plan Growth	6.35%	5.34%
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	6.44%	5.31%
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth	6.26%	5.44%

Mutual Fund Insights

This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.41% which is lower than the category average expense ratio of 0.67%.

Over the last 1 month, this fund has experienced a 6.8% drop in AUM moving from 11.87K Cr to 11.06K Cr.

In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 7.81% return, outperforming this fund by 0.16%.

Over the last 6 months, this fund has increased expense ratio by 7.9% moving from 0.38 to 0.41.

In the last 5 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.21% return, outperforming this fund by 0.42% per annum.

In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.67% return, outperforming this fund by 1.32% per annum.

Aditya Birla Sun Life Low Duration Fund Direct Growth Highlights

Moderate Risk

Investors understand that their principal will be at Moderate Risk

About the fund

This fund has delivered an average annual returns of 8% since inception which is more than its category average return of 4.99%

AUM size ₹11065 Cr

This fund has AUM of ₹11065 Cr which is more than its category average of ₹ 3972 Cr

Expense Ratio 0.41%

This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Low Duration Fund Direct Growth is ₹675.44 as on 25-Jul-2024.

Existing (Absolute + CAGR) as on 25-Jul-2024.

Aditya Birla Sun Life Low Duration Fund Direct Growth	Absolute Returns	CAGR Returns
1 Month Returns	0.65%	0.65%
6 Month Returns	4%	4%
1 Year Returns	7.66%	7.66%
3 Years Returns	20.27%	6.35%
5 Years Returns	38.89%	6.79%

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.

0.41% as on June 2024

₹11065 Cr as on June 2024

7.38% Govt Stock 2027(6.4%), 5.63% Govt Stock 2026(3.98%), National Housing Bank(3.61%), Bharti Telecom Limited(2.8%), National Bank For Agriculture And Rural Development(2.79%) as on June 2024

Corporate(72.54%), Government(21.14%), Cash Equivalent(6.31%) as on June 2024

Yield to Maturity is 7.9 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 0.98 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

AAA	88.53
AA	11.47

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%

Aditya Birla Sun Life Low Duration Fund Direct Growth