Aditya Birla Sun Life Low Duration Direct Plan Growth

Aditya Birla Sun Life Low Duration Direct Plan Growth

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Debt
Direct
Low Duration
NAV: ₹ 661.07 as on 12-04-2024
Fund Performance
zero opening, trading, fund transfer fee
882 people have invested ₹ 1.5Cr in Aditya Birla Sun Life Low Duration Direct Plan Growth in the last three months

Mutual Fund Insights

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Over the last 1 month, this fund has increased expense ratio by 2.6% moving from 0.38 to 0.39.
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In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.4% return, outperforming this fund by 1.28% per annum.
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In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 8.02% return, outperforming this fund by 0.29%.
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In the last 5 years, this fund has outperformed all funds in its category.
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This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.66%.
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Over the last 1 month, this fund has experienced a 10.9% drop in AUM moving from 12.05K Cr to 10.74K Cr.

About the Aditya Birla Sun Life Low Duration Direct Plan Growth

Aditya Birla Sun Life Low Duration Direct Plan 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 Direct Plan Growth has ₹10748 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.

Aditya Birla Sun Life Low Duration Direct Plan Growth Overview

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹10748 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
179.36%

Aditya Birla Sun Life Low Duration Direct Plan Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
84.9%
AA
15.1%
Sector Allocation

Mar'24

Feb'24

Jan'24

Corporate
66.9%
Government
24.6%
Cash Equivalent
8.5%

Top Holdings of Aditya Birla Sun Life Low Duration Direct Plan Growth as on (31-Mar-24)

  • Debt & Cash

Debt Holdings110
Holdings
Weight%
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
7.04%
0%
5.63% Govt Stock 2026
5.63% Govt Stock 2026
4.08%
0%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
3.68%
0%
ICICI Bank Limited
ICICI Bank Limited
3.67%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.31%
0%

Aditya Birla Sun Life Low Duration Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 10.7K Cr
₹ 12.1K Cr
₹ 12.9K Cr
  • AUM of the fund stands at 10.7K Cr as of Mar'24
  • AUM decreased by 1.3K Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Aditya Birla Sun Life Low Duration Direct Plan Growth Fund Manager

Kaustubh Gupta
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Low Duration Direct Plan Growth, since 15 July 2011
Mohit Sharma
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Low Duration Direct Plan Growth, since 1 April 2017

Aditya Birla Sun Life Low Duration Direct Plan 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 4.98%
AUM size ₹10748 Cr

AUM size ₹10748 Cr

This fund has AUM of ₹10748 Cr which is more than its category average of ₹ 3523 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% 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 Direct Plan Growth is ₹661.07 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Aditya Birla Sun Life Low Duration Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.76%
0.76%
6 Month Returns
3.93%
3.93%
1 Year Returns
7.73%
7.73%
3 Years Returns
19.52%
6.12%
5 Years Returns
39.4%
6.87%
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0.39% as on March 2024
₹10748 Cr as on March 2024
7.38% Govt Stock 2027(7.04%), 5.63% Govt Stock 2026(4.08%), Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(3.68%), ICICI Bank Limited(3.67%), Small Industries Development Bank Of India(3.31%) as on March 2024
Corporate(66.93%), Government(24.59%), Cash Equivalent(8.48%) as on March 2024
Yield to Maturity is 8.04 as on March 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 0.93 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
84.89
AA
15.11
Kaustubh Gupta, Mohit Sharma are the fund managers of Aditya Birla Sun Life Low Duration Direct Plan Growth
The Exit load of Aditya Birla Sun Life Low Duration Direct Plan Growth is 0%