Aditya Birla Sun Life Money Manager Fund Direct Plan Growth
Debt
Direct
Money Market
NAV: ₹ 342.71 as on 25-04-2024
Fund Performance
438 people have invested ₹ 1.1Cr in Aditya Birla Sun Life Money Manager Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 28.5% growth in AUM moving from 16.40K Cr to 21.07K Cr.
In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 6.06% return, outperforming this fund by 0.09% per annum.
In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 7.81% return, outperforming this fund by 0.1%.
In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.29% return, outperforming this fund by 0% per annum.
This fund has one of the lowest expense ratio in the category (money market). Its expense ratio is 0.21% which is lower than the category average expense ratio of 0.33%.
About the Aditya Birla Sun Life Money Manager Fund Direct Plan Growth
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kaustubh Gupta, Mohit Sharma, Anuj Jain. This fund is suitable to keep your money safe.
Key Parameters
- Aditya Birla Sun Life Money Manager Fund Direct Plan Growth has ₹21074 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.2.
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth Overview
 | 0.21% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹21074 Cr |
 | 1 January, 2013 |
 | ₹1000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 242.29% |
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
47.4%
Cash Equivalent
34.2%
Government
18.4%
Top Holdings of Aditya Birla Sun Life Money Manager Fund Direct Plan Growth as on (31-Mar-24)
Debt Holdings116
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Punjab National Bank | 6.15% | -1.9% | |
Small Industries Development Bank Of India | 3.58% | 0% | |
National Bank For Agriculture And Rural Development | 2.47% | -4.8% | |
Axis Bank Ltd. | 2.24% | 0% | |
HDFC Bank Limited | 2.24% | 0% |
See all
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 18.4K Cr as of Mar'24
- AUM decreased by 856 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth Fund Manager
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Money Manager Fund Direct Plan Growth, since 15 July 2011
Top funds managed
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Money Manager Fund Direct Plan Growth, since 1 April 2017
Top funds managed
Anuj Jain
Fund Manager of Aditya Birla Sun Life Money Manager Fund Direct Plan Growth, since 22 March 2021
Top funds managed
Aditya Birla Sun Life Money Manager Fund Direct Plan 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 7.41% since inception which is more than its category average return of 4.95%
AUM size ₹21074 Cr
This fund has AUM of ₹21074 Cr which is more than its category average of ₹ 6433 Cr
Expense Ratio 0.21%
This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 0.34%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Money Manager Fund Direct Plan Growth is ₹342.71 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.81% | 0.81% |
6 Month Returns | 3.95% | 3.95% |
1 Year Returns | 7.72% | 7.72% |
3 Years Returns | 19% | 5.97% |
5 Years Returns | 35.62% | 6.28% |
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.
0.21% as on March 2024
₹21074 Cr as on March 2024
Punjab National Bank(6.15%), Small Industries Development Bank Of India(3.58%), National Bank For Agriculture And Rural Development(2.47%), Axis Bank Ltd.(2.24%), HDFC Bank Limited(2.24%) as on March 2024
Corporate(47.94%), Cash Equivalent(33.04%), Government(19.01%) as on March 2024
Yield to Maturity is 7.81 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 0.83 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Kaustubh Gupta, Mohit Sharma, Anuj Jain are the fund managers of Aditya Birla Sun Life Money Manager Fund Direct Plan Growth
The Exit load of Aditya Birla Sun Life Money Manager Fund Direct Plan Growth is 0%