Debt
Direct
Medium Duration
NAV as on 05-09-2024
₹ 38.63
▲0.1%
1D
Inception Returns
9.5%
/yr
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.
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.
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
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.
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 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.
Expense ratio | 0.85% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹1886 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹1000 |
Exit Load | 2.0% |
Lock In | No Lock-in |
TurnOver | 138.15% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderately High risk |
as on (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Industrial, Government & Corporate
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% |
AAA | 66.63 |
AA | 30.75 |
A | 2.61 |