Aditya Birla Sun Life Short Term Fund is an open-ended debt mutual fund that invests in debt and money market instruments with an average maturity of 1-3 years. The fund aims to generate income and capital appreciation for its investors.
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Aditya Birla Sun Life Short Term Fund is a medium sized fund of its category. This fund was launched on 1 January, 2013 and has been in operation for 10 years and 8 months. The assets under management (AUM) of Aditya Birla Sun Life Short Term Fund are ₹6,033 Crores as of 30th June 2023 and the current NAV is ₹44.30.
The returns of the last 1 year are 7.10%%. Aditya Birla Sun Life Short Term Fund has consistently outperformed by delivering 8.57% average annual returns.
Highlights of Aditya Birla Sun Life Short Term Fund:
The minimum investment for Aditya Birla Sun Life Short Term Fund is ₹1000.
Aditya Birla Sun Life Short Term Direct Fund shows above-average consistency in delivering returns compared to its peers.
The majority of the fund’s money invested in the Sovereign sector.
The top 5 holdings of the fund are in GOI, Embassy Office Parks REIT, HDFC Bank Ltd., DME Development Ltd., First Business Receivable Trust.
The fund maintains a high credit profile, indicating it has lent to high-quality borrowers
|Fund House||Aditya Birla Sun Life|
|Date of Incorporation||1 January 2013|
|Fund Benchmark||NIFTY Short Duration Debt Index B-II|
|Total AUM||₹6,033 Cr|
|NAV of the Fund||₹44.30|
|Returns since inception||8.66% p.a.|
|Investment Objective||The scheme seeks to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.|
|Minimum Investment Amount||For 1st installment: ₹1000
For 2nd installment: ₹1000
Minimum SIP of: ₹1000
|Top Fund Managers||Mr. Kaustubh Gupta- Tenure: Sep 2014 - Present
Mr. Mohit Sharma- Tenure: Aug 2020 - Present
Mr. Dhaval Joshi- Tenure: Nov 2022 - Present
**Note: You can check the returns on your mutual fund investment using the SIP Calculator
Following is the performance of the short term fund over the years:
|As on 14th September 2023||1 Year||3 Years||5 Years||All|
The top 10 holdings of the Aditya Birla Sun Life Short Term Fund as of September 13th, 2023 are:
|HDFC Bank Ltd.||Financial||2.5%|
|Embassy Office Parks REIT||Construction||2.4%|
|LIC Housing Finance Ltd.||Financial||2.2%|
Debt sector allocation by weightage refers to the percentage of a portfolio that is invested in debt securities. The debt sector allocation for Aditya Birla Sun Life Short Term Fund by weightage as of 31st July, 2023 are:
Aditya Birla Sun Life Short Term Fund has allocated a substantial 96.90% of its portfolio towards debt holdings.
|Stamp Duty||0.005% (from July 1st, 2020)|
Returns of the Aditya Birla Sun Life Short Term Fund are taxed as per your Income Tax slab.
*All savings are provided by the insurer as per the IRDAI approved insurance
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
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