Aditya Birla Sun Life Savings Fund Direct Growth

Aditya Birla Sun Life Savings Fund Direct Growth

NAV as on 28-03-2025

₹ 546.32

0.1%

1D

Inception Returns

7.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
540 people have invested ₹ 3.6Cr 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 Monika Gandhi, Sunaina Cunha, Kaustubh Gupta. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Savings Fund Direct Growth has ₹14165 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 7.75% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.99%, 7.07% and 6.42% 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, National Housing Bank, JSW Energy 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
CRISIL Liquid Fund TR INR
AUM₹14165 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 (28-Mar-25)

Period
Aditya Birla Sun Life Savings Fund Direct Growth
Ultra Short Duration Index
1M
0.7%
0.5%
3M
2%
1.6%
6M
4%
3.2%
1Y
8%
6.6%
3Y
7.1%
6.2%
5Y
6.4%
5.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
66.9%

AA
33.1%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
63.7%
Cash Equivalent
30.1%
Government
6.2%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 15K Cr
₹ 16.8K Cr
₹ 16.3K Cr
  • AUM of the fund stands at 15K Cr as of Feb'25
  • AUM decreased by 1.8K Cr between Feb'25 and Jan'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 0.94% to 1.66%
ICICI Home Finance Company Limited's allocation increased from 0.94% to 1.66%
Cholamandalam Investment And Finance Company Limited's allocation increased from 0.06% to 0.76%
Cholamandalam Investment And Finance Company Limited's allocation increased from 0.06% to 0.76%
Top Stocks sold last month
National Housing Bank 7.83%'s allocation decreased from 5.13 % to 5.02 %
National Housing Bank 7.83%'s allocation decreased from 5.13 % to 5.02 %
Shriram Finance Company Limited's allocation decreased from 3.76 % to 3.69 %
Shriram Finance Company Limited's allocation decreased from 3.76 % to 3.69 %
Nirma Limited's allocation decreased from 3.05 % to 2.98 %
Nirma Limited's allocation decreased from 3.05 % to 2.98 %
Cash allocation has gone up from 47.5% to 47.9%
Cash allocation has gone up from 47.5% to 47.9%
Debt allocation has gone down from 52.3% to 51.8%
Debt allocation has gone down from 52.3% to 51.8%

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

Feb'25
Financial Services
100%
Corporate
64%
Government
6%
Jan'25
Financial Services
100%
Corporate
64%
Government
5%
  • Debt & Cash

Holdings
Weight%
1M Change
Shriram Finance Company Limited
Shriram Finance Company Limited
4.25%
0%
Nirma Limited
Nirma Limited
3.42%
0%
364 DTB
364 DTB
3.33%
0%
JSW Energy Limited
JSW Energy Limited
2.82%
0%
National Housing Bank
National Housing Bank
2.82%
0%
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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
7.07%
6.22%
Sunaina Cunha
Sunaina Cunha
Fund Manager of Aditya Birla Sun Life Savings Fund Direct Growth, since 20 June 2014
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
₹3.76L Cr
as on 28-Feb-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 decreased expense ratio by 5.6% moving from 0.36 to 0.34.
Insights icon
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.26% return, outperforming this fund by 0.18% per annum.
Insights icon
In the last 5 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.25% return, outperforming this fund by 0.84% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 15.7% drop in AUM moving from 16.79K Cr to 14.16K Cr.
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
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 8% return, outperforming this fund by 0.01%.

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 7.75% since inception which is less than its category average return of 7.81%
AUM size ₹14165 Cr

AUM size ₹14165 Cr

This fund has AUM of ₹14165 Cr which is more than its category average of ₹ 3933 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 ₹546.32 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Aditya Birla Sun Life Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.75%
0.75%
6 Month Returns
4.03%
4.03%
1 Year Returns
7.99%
7.99%
3 Years Returns
22.75%
7.07%
5 Years Returns
36.49%
6.42%
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
₹14165 Cr as on March 2025
Shriram Finance Company Limited(4.25%), Nirma Limited(3.42%), 364 DTB(3.33%), National Housing Bank(2.82%), JSW Energy Limited(2.82%) as on March 2025
Corporate(69.26%), Cash Equivalent(24.58%), Government(6.16%) as on March 2025
Yield to Maturity is 7.74 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 0.45 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
66.86
AA
33.14
Monika Gandhi, Sunaina Cunha, 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%