Debt
Direct
Corporate Bond
NAV as on 05-09-2024
₹ 107.11
Inception Returns
8.2%
/yr
Aditya Birla Sun Life Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kaustubh Gupta. This fund is suitable to keep your money safe.
Aditya Birla Sun Life Corporate Bond Fund Direct Growth has given a CAGR return of 8.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.34%, 6.21% and 7.25% respectively.
Aditya Birla Sun Life Corporate Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Utilities, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.18% Govt Stock 2037, Small Industries Development Bank Of India, 7.26% Govt Stock 2033, 8% Govt Stock 2034
As it is a corporate bond 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.
The investment objective of the scheme is to generate optimal returns with high liquidity through active management of the portfolio by investing in High Quality Debt and Money Market Instruments.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Corporate Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.34% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹20874 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 234.65% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderate Risk |
as on (05-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Financial Services, Corporate & Government
Aditya Birla Sun Life Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.67% | 0.67% |
6 Month Returns | 4.37% | 4.37% |
1 Year Returns | 8.34% | 8.34% |
3 Years Returns | 19.82% | 6.21% |
5 Years Returns | 41.89% | 7.25% |
AAA | 100 |