Aditya Birla Sun Life Long Duration Fund Direct Growth
Debt
Direct
Long Duration
NAV as on 21-11-2024
₹ 12.34
Inception Returns
9.7%
/yr
About Aditya Birla Sun Life Long Duration Fund Direct Growth
Aditya Birla Sun Life Long Duration Fund Direct Growth is a debt fund. This fund was started on 8 August, 2022. The fund is managed by Bhupesh Bameta, Harshil Suvarnkar. This fund is suitable to keep your money safe.
Key Parameters
- Aditya Birla Sun Life Long Duration Fund Direct Growth has ₹157 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Aditya Birla Sun Life Long Duration Fund Direct Growth has given a CAGR return of 9.73% since inception. Over the last 1 year the fund has given a CAGR return of 11.32%.
Holdings
Aditya Birla Sun Life Long Duration Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 7.3% Govt Stock 2053, 7.46% Govt Stock 2073, 7.25% Govt Stock 2063, Indian Railway Finance Corp Ltd. 7.39%
Taxation
As it is a long 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 Long Duration Fund Direct Growth
The primary investment objective of the scheme is to generate optimal returns while maintaining balance of yield, safety and liquidity. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall be made in Debt & Money Market Instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 500.00. Aditya Birla Sun Life Long Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
Aditya Birla Sun Life Long Duration Fund Direct Growth Overview
| Expense ratio | 0.43% |
Benchmark | CRISIL Composite Bond Fund TR INR |
| AUM | ₹157 Cr |
| Inception Date | 8 August, 2022 |
| Min Lumpsum/SIP | ₹100/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 362.82% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 146 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 2 Sectors in October were Government, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.34% Govt Stock 2064 | 24.99% | 46.9% | |
7.3% Govt Stock 2053 | 18.5% | 0% | |
7.46% Govt Stock 2073 | 10.16% | 0.2% | |
7.25% Govt Stock 2063 | 7.99% | 0% | |
Indian Railway Finance Corp Ltd. 7.39% | 6.45% | 0% |
Aditya Birla Sun Life Long Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹157 Cr
Expense Ratio 0.43%
Frequently Asked Questions for Aditya Birla Sun Life Long Duration Fund Direct Growth
Aditya Birla Sun Life Long Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.01% | 0.01% |
6 Month Returns | 5.51% | 5.51% |
1 Year Returns | 11.32% | 11.32% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
AAA | 100 |