Aditya Birla Sun Life Low Duration Direct Plan Growth
Debt
Direct
Low Duration
NAV: ₹ 665.29 as on 16-05-2024
About the Fund
Aditya Birla Sun Life Low Duration Direct Plan 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
- Aditya Birla Sun Life Low Duration Direct Plan Growth has ₹12150 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
873 people have invested ₹ 1.5Cr in Aditya Birla Sun Life Low Duration Direct Plan Growth in the last three months
Overview
 | 0.39% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹12150 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 179.36% |
Aditya Birla Sun Life Low Duration Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
86.4%
AA
13.6%
Sector Allocation
Corporate
68.7%
Government
20.1%
Cash Equivalent
11.2%
Top Holdings of Aditya Birla Sun Life Low Duration Direct Plan Growth as on (30-Apr-24)
Debt Holdings113
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38% Govt Stock 2027 | 6.2% | 0% | |
5.63% Govt Stock 2026 | 3.6% | 0% | |
National Housing Bank | 3.29% | 100% | |
Small Industries Development Bank Of India | 2.95% | 0% | |
National Bank For Agriculture And Rural Development | 2.5% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 11K Cr as of Apr'24
- AUM increased by 209.5 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.67%.
In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 7.95% return, outperforming this fund by 0.23%.
In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.46% return, outperforming this fund by 1.31% per annum.
Over the last 3 months, this fund has experienced a 5.7% drop in AUM moving from 12.87K Cr to 12.14K Cr.
In the last 5 years, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has increased expense ratio by 2.6% moving from 0.38 to 0.39.
Peer Analysis
Fund Manager
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Low Duration Direct Plan Growth, since 15 July 2011
Top funds managed
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Low Duration Direct Plan Growth, since 1 April 2017
Top funds managed
Aditya Birla Sun Life Low Duration Direct Plan Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.99% since inception which is more than its category average return of 4.97%
AUM size ₹12150 Cr
This fund has AUM of ₹12150 Cr which is more than its category average of ₹ 3689 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Low Duration Direct Plan Growth is ₹665.29 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Aditya Birla Sun Life Low Duration Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.89% | 3.89% |
1 Year Returns | 7.72% | 7.72% |
3 Years Returns | 19.62% | 6.15% |
5 Years Returns | 39.49% | 6.88% |
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 April 2024
₹12150 Cr as on April 2024
7.38% Govt Stock 2027(6.2%), 5.63% Govt Stock 2026(3.6%), National Housing Bank(3.29%), Small Industries Development Bank Of India(2.95%), National Bank For Agriculture And Rural Development(2.5%) as on April 2024
Corporate(68.67%), Government(20.11%), Cash Equivalent(11.22%) as on April 2024
Yield to Maturity is 7.99 as on April 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 1.02 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 86.37 |
AA | 13.63 |
Kaustubh Gupta, Mohit Sharma are the fund managers of Aditya Birla Sun Life Low Duration Direct Plan Growth
The Exit load of Aditya Birla Sun Life Low Duration Direct Plan Growth is 0%