Aditya Birla Sun Life Medium Term Fund Direct Growth
Debt
Direct
Medium Duration
NAV as on 17-01-2025
₹ 40.43
Inception Returns
9.6%
/yr
About Aditya Birla Sun Life Medium Term Fund Direct Growth
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
- Aditya Birla Sun Life Medium Term Fund Direct Growth has ₹2004 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
Aditya Birla Sun Life Medium Term Fund Direct Growth has given a CAGR return of 9.57% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.24%, 14.72% and 12.18% respectively.
Holdings
Aditya Birla Sun Life Medium Term Fund Direct Growth has allocated its funds majorly in Government, Industrial, Corporate, Real Estate, Utilities, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.26% Govt Stock 2033, 7.23% Govt Stock 2039, Adani Airport Holdings Ltd, Creditaccess Grameen 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
Aditya Birla Sun Life Medium Term Fund Direct Growth Overview
| Expense ratio | 0.85% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹2004 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 mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (17-Jan-25)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 2K Cr as of Dec'24
- AUM increased by 44.2 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Industrial, Government & Real Estate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 IRB InvIT Fund Units 2017-Series IV | 1.74% | 0% | |
IndiGrid Infrastructure Trust Units Series - IV | 0.64% | 0% |
Mutual Fund Insights
Aditya Birla Sun Life Medium Term Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹2004 Cr
Expense Ratio 0.85%
Frequently Asked Questions for Aditya Birla Sun Life Medium Term Fund Direct Growth
Aditya Birla Sun Life Medium Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 6.21% | 6.21% |
1 Year Returns | 11.24% | 11.24% |
3 Years Returns | 50.99% | 14.72% |
5 Years Returns | 77.65% | 12.18% |
- 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.
AAA | 67.68 |
AA | 24.22 |
A | 5.36 |
BBB | 2.75 |