Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth
Debt
Direct
Credit Risk
NAV: ₹ 20.35 as on 29-04-2024
Fund Performance
40 people have invested ₹ 1.8L in Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 15.89% return, outperforming this fund by 8.26%.
This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.68% which is lower than the category average expense ratio of 1.22%.
In the last 5 years, ICICI Prudential Credit Risk Fund Direct Plan Growth has given 8.25% return, outperforming this fund by 0.82% per annum.
In the last 3 years, UTI Credit Risk Fund Direct Plan Growth Option has given 11.56% return, outperforming this fund by 3.94% per annum.
About the Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth
Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth is a debt fund. This fund was started on 17 April, 2015. The fund is managed by Sunaina Cunha, Mohit Sharma. This fund is suitable to keep your money safe.
Key Parameters
- Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth has ₹971 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Overview
 | 0.68% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹971 Cr |
 | 17 April, 2015 |
 | ₹100/₹100 |
 Exit Load | 3% |
 | No Lock-in |
 TurnOver | 73.05% |
Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth Distribution as on (31-Mar-24)
Sector Allocation
Industrial
100%
Top Holdings of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings1
Debt Holdings46
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 IRB InvIT Fund Units 2017-Series IV | 0.65% | 0% |
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 983.7 Cr as of Mar'24
- AUM decreased by 2.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Sunaina Cunha
Fund Manager of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth, since 17 April 2015
Top funds managed
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth, since 6 August 2020
Top funds managed
Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 8.18% since inception which is more than its category average return of 5.24%
Fund Allocations
This fund has an allocation of 0.65% in Equity, 91.3% in Debt and 3.46% in Cash related instruments
AUM size ₹971 Cr
This fund has AUM of ₹971 Cr which is less than its category average of ₹ 1252 Cr
Expense Ratio 0.68%
This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.15%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth is ₹20.35 as on 29-Apr-2024.
Existing (Absolute + CAGR) as on 29-Apr-2024.
Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.46% | 0.46% |
6 Month Returns | 4.01% | 4.01% |
1 Year Returns | 7.63% | 7.63% |
3 Years Returns | 24.63% | 7.62% |
5 Years Returns | 43.13% | 7.44% |
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.
0.68% as on March 2024
₹971 Cr as on March 2024
7.26% Govt Stock 2033(6.73%), 7.18% Govt Stock 2033(6.69%), Century Textiles And Industried Limited(5.14%), TATA Projects Limited(5.1%), India (Republic of)(4.11%) as on March 2024
Corporate(69.84%), Government(25.97%), Cash Equivalent(3.53%) as on March 2024
Yield to Maturity is 8.35 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 2.42 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA | 59.53 |
AAA | 35.95 |
A | 4.51 |
Sunaina Cunha, Mohit Sharma are the fund managers of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth
The Exit load of Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth is 3%