Aditya Birla Sun Life Savings Fund Direct Growth

Aditya Birla Sun Life Savings Fund Direct Growth

NAV as on 17-04-2025

₹ 549.74

0.1%

1D

Inception Returns

7.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
496 people have invested ₹ 3.1Cr in Aditya Birla Sun Life Savings Fund Direct Growth in the last three months

About Aditya Birla Sun Life Savings Fund Direct Growth

Aditya Birla Sun Life Savings Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sunaina Cunha, Monika Gandhi, Kaustubh Gupta. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Savings Fund Direct Growth has ₹13294 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Aditya Birla Sun Life Savings Fund Direct Growth has given a CAGR return of 7.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.12%, 7.26% and 6.48% respectively.

Holdings

Aditya Birla Sun Life Savings Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are Shriram Finance Company Limited, Nirma Limited, 364 DTB, Small Industries Development Bank of India, Ongc Petro Additions Limited

Taxation

As it is a ultra short 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:
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 Savings Fund Direct Growth

The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.

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 Savings Fund Direct Growth has no lock in period.

Aditya Birla Sun Life Savings Fund Direct Growth Overview

Expense ratio0.34%
Benchmark
NIFTY Ultra Short Duration Debt TR INR
AUM₹13294 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
237.98%
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 Savings Fund Direct Growth
Ultra Short Duration Index
1M
1.1%
0.7%
3M
2.2%
1.8%
6M
4.2%
3.3%
1Y
8.1%
6.8%
3Y
7.3%
6.4%
5Y
6.5%
5.5%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
60.9%

AA
39.1%

Sector Allocation

Mar'25

Feb'25

Jan'25

Corporate
69.3%
Cash Equivalent
24.6%
Government
6.2%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 13.3K Cr
₹ 15K Cr
₹ 16.8K Cr
  • AUM of the fund stands at 13.3K Cr as of Mar'25
  • AUM decreased by 1.7K Cr between Mar'25 and Feb'25
Top Stocks bought last month
Hinduja Leyland Finance Limited's allocation increased from 0.39% to 1.42%
Hinduja Leyland Finance Limited's allocation increased from 0.39% to 1.42%
ICICI Home Finance Company Limited's allocation increased from 0.79% to 1.66%
ICICI Home Finance Company Limited's allocation increased from 0.79% to 1.66%
Cholamandalam Investment And Finance Company Limited's allocation increased from 0.1% to 0.76%
Cholamandalam Investment And Finance Company Limited's allocation increased from 0.1% to 0.76%
Top Stocks sold last month
Bharti Telecom Limited's allocation decreased from 5.26 % to 1.63 %
Bharti Telecom Limited's allocation decreased from 5.26 % to 1.63 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 1.07 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 1.07 %
Gic Housing Finance Limited's allocation decreased from 5.26 % to 0.61 %
Gic Housing Finance Limited's allocation decreased from 5.26 % to 0.61 %
Cash allocation has gone down from 47.9% to 40.5%
Cash allocation has gone down from 47.9% to 40.5%
Debt allocation has gone up from 51.8% to 59.2%
Debt allocation has gone up from 51.8% to 59.2%

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

Mar'25
Financial Services
100%
Corporate
69%
Government
6%
Feb'25
Financial Services
100%
Corporate
64%
Government
6%
  • Debt & Cash

Holdings
Weight%
1M Change
Shriram Finance Company Limited
Shriram Finance Company Limited
4.54%
0%
Nirma Limited
Nirma Limited
3.65%
0%
364 DTB
364 DTB
3.55%
0%
Small Industries Development Bank of India
Small Industries Development Bank of India
3.17%
0%
Ongc Petro Additions Limited
Ongc Petro Additions Limited
2.96%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Aditya Birla Sun Life Savings Fund Direct Growth
Aditya Birla Sun Life Savings Fund Direct Growth
8.12%
7.26%
6.48%
7.77%
Nippon India Ultra Short Duration Fund Direct Growth Option
Nippon India Ultra Short Duration Fund Direct Growth Option
8.12%
7.41%
7.29%
7.24%
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
7.93%
7.24%
6.54%
8.07%
HDFC Ultra S/T Fund Direct Growth
HDFC Ultra S/T Fund Direct Growth
7.89%
7.1%
6.22%
6.66%
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Sunaina Cunha
Sunaina Cunha
Fund Manager of Aditya Birla Sun Life Savings Fund Direct Growth, since 20 June 2014
Monika Gandhi
Monika Gandhi
Fund Manager of Aditya Birla Sun Life Savings Fund Direct Growth, since 22 March 2021
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Aditya Birla Sun Life Savings Fund Direct Plan Growth
7.26%
6.38%
Kaustubh Gupta
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Savings 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 18.7% drop in AUM moving from 16.34K Cr to 13.29K Cr.
Insights icon
In the last 5 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.29% return, outperforming this fund by 0.81% per annum.
Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.41% return, outperforming this fund by 0.15% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.34% which is lower than the category average expense ratio of 0.56%.
Insights icon
Over the last 3 months, this fund has decreased expense ratio by 5.6% moving from 0.36 to 0.34.

Aditya Birla Sun Life Savings 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 7.77% since inception which is less than its category average return of 7.85%
AUM size ₹13294 Cr

AUM size ₹13294 Cr

This fund has AUM of ₹13294 Cr which is more than its category average of ₹ 3715 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.62%

Frequently Asked Questions for Aditya Birla Sun Life Savings Fund Direct Growth

The current NAV of Aditya Birla Sun Life Savings Fund Direct Growth is ₹549.74 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Aditya Birla Sun Life Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.09%
1.09%
6 Month Returns
4.16%
4.16%
1 Year Returns
8.12%
8.12%
3 Years Returns
23.41%
7.26%
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.
0.34% as on March 2025
₹13294 Cr as on March 2025
Shriram Finance Company Limited(4.54%), Nirma Limited(3.65%), 364 DTB(3.55%), Small Industries Development Bank of India(3.17%), Ongc Petro Additions Limited(2.96%) as on March 2025
Corporate(71.69%), Cash Equivalent(21.34%), Government(6.97%) as on March 2025
Yield to Maturity is 7.75 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 0.57 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
60.9
AA
39.1
Sunaina Cunha, Monika Gandhi, Kaustubh Gupta are the fund managers of Aditya Birla Sun Life Savings Fund Direct Growth
The Exit load of Aditya Birla Sun Life Savings Fund Direct Growth is 0%