Aditya Birla Sun Life Medium Term Fund Direct Growth

Aditya Birla Sun Life Medium Term Fund Direct Growth

Debt

Direct

Medium Duration

NAV as on 04-12-2024

₹ 40.19

0.1%

1D

Inception Returns

9.6%

/yr

About Aditya Birla Sun Life Medium Term Fund Direct Growth

Aditya Birla Sun Life Medium Term Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. 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 Medium Term Fund Direct Growth has ₹1960 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

Aditya Birla Sun Life Medium Term Fund Direct Growth has given a CAGR return of 9.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.93%, 14.59% and 12.06% respectively.

Holdings

Aditya Birla Sun Life Medium Term Fund Direct Growth has allocated its funds majorly in Industrial, Government, Real Estate, Corporate, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.26% Govt Stock 2033, 7.18% Govt Stock 2037, Adani Airport Holdings Ltd, Creditaccess Grameen Limited

Taxation

As it is a medium 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 Medium Term Fund Direct Growth

The investment objective of the Scheme is to generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium term maturity.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Aditya Birla Sun Life Medium Term Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
874 people have invested ₹ 1.8Cr in Aditya Birla Sun Life Medium Term Fund Direct Growth in the last three months

Aditya Birla Sun Life Medium Term Fund Direct Growth Overview

Expense ratio0.85%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹1960 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹1000
Exit Load
2.0%
Lock InNo Lock-in
TurnOver
138.15%
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
Moderately High risk

Trailing Returns

as on (04-Dec-24)

Period
Aditya Birla Sun Life Medium Term Fund Direct Growth
Medium Duration Index
1M
0.9%
0.7%
3M
4.1%
1.9%
6M
7.5%
4.4%
1Y
11.9%
8.5%
3Y
14.6%
6.2%
5Y
12.1%
6.1%

Fund Distribution

as on (31-Oct-24)

  • Equity 3%

  • Debt & Cash 95.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Industrial
57.7%
Real Estate
42.3%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2K Cr
₹ 1.9K Cr
₹ 1.9K Cr
  • AUM of the fund stands at 2K Cr as of Oct'24
  • AUM increased by 47.4 Cr between Oct'24 and Sep'24
Cash allocation has gone up from 7.6% to 11.6%
Cash allocation has gone up from 7.6% to 11.6%
Debt allocation has gone down from 87.7% to 83.9%
Debt allocation has gone down from 87.7% to 83.9%

Top 3 Sectors in October were Industrial, Government & Real Estate

Oct'24
Industrial
58%
Government
50%
Real Estate
42%
Sep'24
Industrial
58%
Government
51%
Real Estate
42%
  • Equity

  • Debt & Cash

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Sunaina Cunha
Sunaina Cunha
Fund Manager of Aditya Birla Sun Life Medium Term Fund Direct Growth, since 1 September 2014
Mohit Sharma
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Medium Term Fund Direct Growth, since 6 August 2020
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
This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.85% which is lower than the category average expense ratio of 0.87%.
Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 3 years, this fund has outperformed all funds in its category.
Insights icon
Over the last 15 months, this fund has increased expense ratio by 2.4% moving from 0.83 to 0.85.

Aditya Birla Sun Life Medium Term Fund Direct Growth 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 9.61% since inception which is more than its category average return of 4.69%
Fund Allocations

Fund Allocations

This fund has an allocation of 3.04% in Equity, 86.5% in Debt and 9.09% in Cash related instruments
AUM size ₹1960 Cr

AUM size ₹1960 Cr

This fund has AUM of ₹1960 Cr which is more than its category average of ₹ 1493 Cr
Expense Ratio 0.85%

Expense Ratio 0.85%

This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions for Aditya Birla Sun Life Medium Term Fund Direct Growth

The current NAV of Aditya Birla Sun Life Medium Term Fund Direct Growth is ₹40.19 as on 04-Dec-2024.
Existing (Absolute + CAGR) as on 04-Dec-2024.
Aditya Birla Sun Life Medium Term Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.87%
0.87%
6 Month Returns
7.49%
7.49%
1 Year Returns
11.93%
11.93%
3 Years Returns
50.49%
14.59%
5 Years Returns
76.68%
12.06%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.85% as on November 2024
₹1960 Cr as on November 2024
7.18% Govt Stock 2033(27.8%), 7.26% Govt Stock 2033(10.43%), 7.18% Govt Stock 2037(5.47%), Adani Airport Holdings Ltd(2.61%), Creditaccess Grameen Limited(2.56%) as on November 2024
Government(48.28%), Corporate(38.87%), Cash Equivalent(9.22%) as on November 2024
Yield to Maturity is 7.73 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 3.85 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
61.62
AA
32.83
A
5.55
Sunaina Cunha, Mohit Sharma are the fund managers of Aditya Birla Sun Life Medium Term Fund Direct Growth
The Exit load of Aditya Birla Sun Life Medium Term Fund Direct Growth is 2%