Aditya Birla Sun Life Medium Term Fund Direct Growth
About the Fund
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 Mohit Sharma, Sunaina Cunha. This fund is suitable to keep your money safe.
Key Parameters
- Aditya Birla Sun Life Medium Term Fund Direct Growth has ₹1862 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
Aditya Birla Sun Life Medium Term Fund Direct Growth has given a CAGR return of 9.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.19%, 13.46% and 9.44% respectively.
Holdings
Aditya Birla Sun Life Medium Term Fund Direct Growth has allocated its funds majorly in Industrial, Government, Corporate, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.26% Govt Stock 2033, 7.18% Govt Stock 2037, JSW Steel Limited, Belstar Microfinance 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.
Fund Overview
| Expense ratio | 0.85% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹1862 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
Exit Load | 2% |
| Lock In | No Lock-in |
TurnOver | 128.19% |
| Risk |   Moderately High risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 IRB InvIT Fund Units 2017-Series IV | 2.09% | 0% |
Mutual Fund Insights
Aditya Birla Sun Life Medium Term Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹1862 Cr
Expense Ratio 0.85%
Frequently Asked Questions
Aditya Birla Sun Life Medium Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 4.91% | 4.91% |
1 Year Returns | 8.19% | 8.19% |
3 Years Returns | 46.07% | 13.46% |
5 Years Returns | 56.98% | 9.44% |
- 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.
AAA | 65.64 |
AA | 30.17 |
A | 4.19 |