Aditya Birla Sun Life Money Manager Fund Direct Growth

Aditya Birla Sun Life Money Manager Fund Direct Growth

NAV as on 17-04-2025

₹ 369.82

Inception Returns

7.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
706 people have invested ₹ 2.1Cr in Aditya Birla Sun Life Money Manager Fund Direct Growth in the last three months

About Aditya Birla Sun Life Money Manager Fund Direct Growth

Aditya Birla Sun Life Money Manager Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Mohit Sharma, Anuj Jain, Kaustubh Gupta. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Money Manager Fund Direct Growth has ₹25581 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Aditya Birla Sun Life Money Manager Fund Direct Growth has given a CAGR return of 7.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.08%, 7.32% and 6.34% respectively.

Holdings

Aditya Birla Sun Life Money Manager Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are 182 DTB 29082025, Kotak Mahindra Bank Limited, HDFC Bank Limited, IDBI Bank Limited (Industrial Development Bank Of India Ltd), National Bank For Agriculture & Rural Development**

Taxation

As it is a money market mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Aditya Birla Sun Life Money Manager Fund Direct Growth

The primary objective of the scheme is to generate regular income through investment in a portfolio comprising money market instruments.

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 Money Manager Fund Direct Growth has no lock in period.

Aditya Birla Sun Life Money Manager Fund Direct Growth Overview

Expense ratio0.22%
Benchmark
CRISIL Money Market TR INR
AUM₹25581 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
269.82%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (17-Apr-25)

Period
Aditya Birla Sun Life Money Manager Fund Direct Growth
Money Market Index
1M
1.1%
0.9%
3M
2.3%
1.8%
6M
4.2%
3.4%
1Y
8.1%
6.9%
3Y
7.3%
6.6%
5Y
6.3%
5.7%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Cash Equivalent
44.6%
Corporate
42%
Government
13.4%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 25.6K Cr
₹ 26.8K Cr
₹ 25.9K Cr
  • AUM of the fund stands at 25.6K Cr as of Mar'25
  • AUM decreased by 1.2K Cr between Mar'25 and Feb'25
Cash allocation has gone down from 91.5% to 87.2%
Cash allocation has gone down from 91.5% to 87.2%
Debt allocation has gone up from 8.2% to 12.5%
Debt allocation has gone up from 8.2% to 12.5%

Top 3 Sectors in March were Financial Services, Corporate & Government

Mar'25
Financial Services
100%
Corporate
42%
Government
13%
Feb'25
Financial Services
100%
Corporate
40%
Government
11%
  • Debt & Cash

Holdings
Weight%
1M Change
182 DTB 29082025
182 DTB 29082025
4.38%
0%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank Limited
2.96%
0%
HDFC Bank Limited
HDFC Bank Limited
2.7%
0%
IDBI Bank Limited (Industrial Development Bank Of India Ltd)
IDBI Bank Limited (Industrial Development Bank Of India Ltd)
2.61%
0%
National Bank For Agriculture & Rural Development**
National Bank For Agriculture & Rural Development**
2.01%
100%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Aditya Birla Sun Life Money Manager Fund Direct Growth
Aditya Birla Sun Life Money Manager Fund Direct Growth
8.08%
7.32%
6.34%
7.47%
Tata Money Market Fund Direct Plan Growth
Tata Money Market Fund Direct Plan Growth
8.21%
7.43%
6.42%
6.77%
HDFC Money Market Direct Plan Growth Option
HDFC Money Market Direct Plan Growth Option
8.09%
7.28%
6.31%
7.37%
ICICI Prudential Money Market Fund Direct Plan Growth
ICICI Prudential Money Market Fund Direct Plan Growth
8.09%
7.27%
6.23%
7.33%
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Mohit Sharma
Mohit Sharma
Fund Manager of Aditya Birla Sun Life Money Manager Fund Direct Growth, since 1 April 2017
Anuj Jain
Anuj Jain
Fund Manager of Aditya Birla Sun Life Money Manager Fund Direct Growth, since 22 March 2021
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth
7.32%
6.64%
Kaustubh Gupta
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Money Manager Fund Direct Growth, since 15 July 2011
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.68L Cr
as on 31-Mar-2025
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
Over the last 3 months, this fund has experienced a 12.3% growth in AUM moving from 22.77K Cr to 25.58K Cr.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 4.8% moving from 0.21 to 0.22.
Insights icon
This fund has one of the lowest expense ratio in the category (money market). Its expense ratio is 0.22% which is lower than the category average expense ratio of 0.31%.
Insights icon
In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.42% return, outperforming this fund by 0.08% per annum.
Insights icon
In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 7.43% return, outperforming this fund by 0.11% per annum.
Insights icon
In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 8.21% return, outperforming this fund by 0.13%.

Aditya Birla Sun Life Money Manager Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.47% since inception which is more than its category average return of 5.57%
AUM size ₹25581 Cr

AUM size ₹25581 Cr

This fund has AUM of ₹25581 Cr which is more than its category average of ₹ 10184 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.32%

Frequently Asked Questions for Aditya Birla Sun Life Money Manager Fund Direct Growth

The current NAV of Aditya Birla Sun Life Money Manager Fund Direct Growth is ₹369.82 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Aditya Birla Sun Life Money Manager Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.15%
1.15%
6 Month Returns
4.17%
4.17%
1 Year Returns
8.08%
8.08%
3 Years Returns
23.62%
7.32%
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.
0.22% as on March 2025
₹25581 Cr as on March 2025
182 DTB 29082025(4.38%), Kotak Mahindra Bank Limited(2.96%), HDFC Bank Limited(2.7%), IDBI Bank Limited (Industrial Development Bank Of India Ltd)(2.61%), National Bank For Agriculture & Rural Development**(2.01%) as on March 2025
Cash Equivalent(44.93%), Corporate(41.69%), Government(13.38%) as on March 2025
Yield to Maturity is 7.35 as on March 2025. 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 0.75 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Mohit Sharma, Anuj Jain, Kaustubh Gupta are the fund managers of Aditya Birla Sun Life Money Manager Fund Direct Growth
The Exit load of Aditya Birla Sun Life Money Manager Fund Direct Growth is 0%