Debt
Direct
Low Duration
NAV as on 04-09-2024
₹ 680.87
Inception Returns
8%
/yr
Aditya Birla Sun Life Low Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Mohit Sharma, Kaustubh Gupta. This fund is suitable to keep your money safe.
Aditya Birla Sun Life Low Duration Fund Direct Growth has given a CAGR return of 7.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.78%, 6.41% and 6.71% respectively.
Aditya Birla Sun Life Low Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.38% Govt Stock 2027, 5.63% Govt Stock 2026, National Housing Bank, Bharti Telecom Limited, National Bank For Agriculture And Rural Development
As it is a low 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.
The objective of the scheme is to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of short maturities with a view to provide reasonable returns.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Low Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.41% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹10841 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 188.77% |
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 (04-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Financial Services, Corporate & Government
Aditya Birla Sun Life Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 4.04% | 4.04% |
1 Year Returns | 7.78% | 7.78% |
3 Years Returns | 20.48% | 6.41% |
5 Years Returns | 38.34% | 6.71% |
AAA | 88.04 |
AA | 11.96 |