Aditya Birla Sun Life Short Term Fund Direct Growth

Debt
Direct
Short Duration
Aditya Birla Sun Life Short Term Fund Direct Growth

About the Fund

Aditya Birla Sun Life Short Term 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

  1. Aditya Birla Sun Life Short Term Fund Direct Growth has ₹7902 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.

Returns

Aditya Birla Sun Life Short Term Fund Direct Growth has given a CAGR return of 8.62% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.82%, 6.42% and 7.33% respectively.

Holdings

Aditya Birla Sun Life Short Term Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.26% Govt Stock 2033, Small Industries Development Bank of India 7.68%, Bajaj Housing Finance Limited, Bharti Telecom Limited

Taxation

As it is a short 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 Short Term Fund Direct Growth

The investment objective of the Scheme is to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.

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 Short Term Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
391 people have invested ₹ 99.3L in Aditya Birla Sun Life Short Term Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.39%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹7902 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
165.61%
Risk
Risk meter
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Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.2%

AAA
85.1%

AA
14.9%

Sector Allocation

Jun'24

May'24

Apr'24

Corporate
54.5%
Government
35.8%
Cash Equivalent
7.8%
Securitize
1.9%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
12.51%
18.8%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
5.12%
0%
Small Industries Development Bank of India 7.68%
Small Industries Development Bank of India 7.68%
2.66%
5%
Bajaj Housing Finance Limited
Bajaj Housing Finance Limited
2.54%
0%
Bharti Telecom Limited
Bharti Telecom Limited
2.4%
0%

Kaustubh Gupta
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Short Term Fund Direct Growth, since 11 September 2014
Mohit Sharma
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Short Term Fund Direct Growth, since 6 August 2020

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has increased expense ratio by 2.6% moving from 0.38 to 0.39.
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Over the last 3 months, this fund has experienced a 16.8% growth in AUM moving from 6.76K Cr to 7.90K Cr.
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In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 8.13% return, outperforming this fund by 0.31%.
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In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.8% return, outperforming this fund by 1.38% per annum.
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In the last 5 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 8.11% return, outperforming this fund by 0.78% per annum.
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This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.7%.

Aditya Birla Sun Life Short Term Fund Direct 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 8.62% since inception which is more than its category average return of 5.67%
AUM size ₹7902 Cr

AUM size ₹7902 Cr

This fund has AUM of ₹7902 Cr which is more than its category average of ₹ 3586 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 0.67%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Short Term Fund Direct Growth is ₹47.27 as on 16-Jul-2024.
Existing (Absolute + CAGR) as on 16-Jul-2024.
Aditya Birla Sun Life Short Term Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.77%
0.77%
6 Month Returns
4.1%
4.1%
1 Year Returns
7.82%
7.82%
3 Years Returns
20.54%
6.42%
5 Years Returns
42.41%
7.33%
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.
0.39% as on June 2024
₹7902 Cr as on June 2024
7.18% Govt Stock 2033(12.51%), 7.26% Govt Stock 2033(5.12%), Small Industries Development Bank of India 7.68%(2.66%), Bajaj Housing Finance Limited(2.54%), Bharti Telecom Limited(2.4%) as on June 2024
Corporate(54.54%), Government(35.79%), Cash Equivalent(7.81%) as on June 2024
Yield to Maturity is 7.85 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 2.85 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
85.12
AA
14.88
Kaustubh Gupta, Mohit Sharma are the fund managers of Aditya Birla Sun Life Short Term Fund Direct Growth
The Exit load of Aditya Birla Sun Life Short Term Fund Direct Growth is 0%