Aditya Birla Sun Life Medium Term Fund Direct Growth

Aditya Birla Sun Life Medium Term Fund Direct Growth

Debt

Direct

Medium Duration

NAV as on 05-09-2024

₹ 38.63

0.1%

1D

Inception Returns

9.5%

/yr

About the Fund

Aditya Birla Sun Life Medium Term Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sunaina Cunha, Mohit Sharma. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Medium Term Fund Direct Growth has ₹1886 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

Aditya Birla Sun Life Medium Term Fund Direct Growth has given a CAGR return of 9.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.96%, 13.59% and 9.57% respectively.

Holdings

Aditya Birla Sun Life Medium Term Fund Direct Growth has allocated its funds majorly in Industrial, Government, Corporate, Real Estate, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.26% Govt Stock 2033, 7.18% Govt Stock 2037, Creditaccess Grameen Limited, JSW Steel Limited

Taxation

As it is a medium 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 Medium Term Fund Direct Growth

The investment objective of the Scheme is to generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium term maturity.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Aditya Birla Sun Life Medium Term Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
793 people have invested ₹ 1.3Cr in Aditya Birla Sun Life Medium Term Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.85%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹1886 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹1000
Exit Load
2.0%
Lock InNo Lock-in
TurnOver
138.15%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at 12.5% without indexation.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (05-Sep-24)

Period
Aditya Birla Sun Life Medium Term Fund Direct Growth
Medium Duration Index
1M
0.8%
0.7%
3M
3.3%
2.2%
6M
5%
3.8%
1Y
9%
7.4%
3Y
13.6%
5.7%
5Y
9.6%
5.7%

Fund Distribution

as on (31-Jul-24)

  • Equity 3.3%

  • Debt & Cash 95.3%

Sector Allocation

Jul'24

Jun'24

May'24

Industrial
100%
All changes are between Oct'69 and Dec'69
Parameters
Jul'24
Jun'24
May'24
AUM
₹ 1.9K Cr
₹ 1.9K Cr
₹ 1.9K Cr
  • AUM of the fund stands at 1.9K Cr as of Jul'24
  • AUM increased by 7.5 Cr between Jul'24 and Jun'24
Cash allocation has gone down from 7% to 5.9%
Cash allocation has gone down from 7% to 5.9%
Debt allocation has gone up from 89.6% to 90.7%
Debt allocation has gone up from 89.6% to 90.7%

Top 3 Sectors in July were Industrial, Government & Corporate

Jul'24
Industrial
100%
Government
49%
Corporate
44%
Jun'24
Industrial
100%
Government
47%
Corporate
45%
  • Equity

  • Debt & Cash

Loading...
We are taking more time than usual
Sunaina Cunha
Sunaina Cunha
Fund Manager of Aditya Birla Sun Life Medium Term Fund Direct Growth, since 1 September 2014
Mohit Sharma
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Medium Term Fund Direct Growth, since 6 August 2020
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹2.93L Cr
as on 31-Jul-2024
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com

Mutual Fund Insights

Insights icon
In the last 1 year, Kotak Medium Term Direct Growth has given 9.95% return, outperforming this fund by 0.99%.
Insights icon
In the last 3 years, this fund has outperformed all funds in its category.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 2.4% moving from 0.83 to 0.85.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.

Aditya Birla Sun Life Medium Term Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 9.45% since inception which is more than its category average return of 4.62%
Fund Allocations

Fund Allocations

This fund has an allocation of 3.3% in Equity, 89.4% in Debt and 5.92% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is more than its category average of ₹ 1488 Cr
Expense Ratio 0.85%

Expense Ratio 0.85%

This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 0.96%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Medium Term Fund Direct Growth is ₹38.63 as on 05-Sep-2024.
Existing (Absolute + CAGR) as on 05-Sep-2024.
Aditya Birla Sun Life Medium Term Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.83%
0.83%
6 Month Returns
4.96%
4.96%
1 Year Returns
8.96%
8.96%
3 Years Returns
46.55%
13.59%
5 Years Returns
57.92%
9.57%
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.
0.85% as on August 2024
₹1886 Cr as on August 2024
7.18% Govt Stock 2033(29.17%), 7.26% Govt Stock 2033(10.85%), 7.18% Govt Stock 2037(5.42%), Creditaccess Grameen Limited(2.65%), JSW Steel Limited(2.65%) as on August 2024
Government(48.22%), Corporate(41.65%), Cash Equivalent(6.01%) as on August 2024
Yield to Maturity is 7.86 as on August 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 3.77 as on August 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
66.63
AA
30.75
A
2.61
Sunaina Cunha, Mohit Sharma are the fund managers of Aditya Birla Sun Life Medium Term Fund Direct Growth
The Exit load of Aditya Birla Sun Life Medium Term Fund Direct Growth is 2%