Aditya Birla Sun Life Credit Risk Fund Direct Growth
Debt
Direct
Credit Risk
NAV as on 03-02-2025
₹ 22.63
▲0.1%
1D
Inception Returns
8.7%
/yr
About Aditya Birla Sun Life Credit Risk Fund Direct Growth
Aditya Birla Sun Life Credit Risk Fund Direct 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 Growth has ₹922 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Aditya Birla Sun Life Credit Risk Fund Direct Growth has given a CAGR return of 8.68% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.12%, 9.75% and 9.23% respectively.
Holdings
Aditya Birla Sun Life Credit Risk Fund Direct Growth has allocated its funds majorly in Corporate, Real Estate, Utilities, Government, Cash Equivalent, Industrial, Securitize. Its top holdings are 7.23% Govt Stock 2039, JSW Steel Limited, 7.18% Govt Stock 2037, Century Textiles And Industried Limited, 7.18% Govt Stock 2033
Taxation
As it is a credit risk 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 Credit Risk Fund Direct Growth
The investment objective of the Scheme is to generate returns by predominantly investing in a portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade. The Scheme does not guarantee/indicate any returns. There can be no assurance that the Schemes' objectives will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Credit Risk Fund Direct Growth has no lock in period.
Historical NAV & Returns
Aditya Birla Sun Life Credit Risk Fund Direct Growth Overview
| Expense ratio | 0.67% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹922 Cr |
| Inception Date | 17 April, 2015 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 3.0% |
| Lock In | No Lock-in |
TurnOver | 106.56% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (03-Feb-25)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 917.8 Cr as of Dec'24
- AUM decreased by 17.8 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Corporate, Real Estate & Utilities
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 IndiGrid Infrastructure Trust Units Series - IV | 1.75% | 0% | |
IRB InvIT Fund Units 2017-Series IV | 0.6% | 0% |
Mutual Fund Insights
Aditya Birla Sun Life Credit Risk Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹922 Cr
Expense Ratio 0.67%
Frequently Asked Questions for Aditya Birla Sun Life Credit Risk Fund Direct Growth
Aditya Birla Sun Life Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.84% | 0.84% |
6 Month Returns | 7.53% | 7.53% |
1 Year Returns | 13.12% | 13.12% |
3 Years Returns | 32.2% | 9.75% |
5 Years Returns | 55.46% | 9.23% |
- 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.
AA | 59.49 |
AAA | 31.14 |
A | 6.32 |
BBB | 3.05 |