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Aditya Birla Sun Life Short Term Fund
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.
Investment Plans
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Guaranteed Tax Savings
Under sec 80C & 10(10D) -
₹1 Crore
Invest ₹10k per month* -
Zero LTCG Tax
In-built life cover
Top performing plans with High Returns**
Invest ₹10K/month & Get ₹1 Crore returns*
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About Aditya Birla Sun Life Short Term Fund
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:
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The minimum investment for Aditya Birla Sun Life Short Term Fund is ₹1000.
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Aditya Birla Sun Life Short Term Direct Fund shows above-average consistency in delivering returns compared to its peers.
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The majority of the fund’s money invested in the Sovereign sector.
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The top 5 holdings of the fund are in GOI, Embassy Office Parks REIT, HDFC Bank Ltd., DME Development Ltd., First Business Receivable Trust.
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The fund maintains a high credit profile, indicating it has lent to high-quality borrowers
Key Information about Aditya Birla Sun Life Short Term Fund
| 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 |
| Expense Ratio | 0.38% |
| Returns since inception | 8.66% p.a. |
| Risk Level | Moderate |
| 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
Performance of Aditya Birla Sun Life Short Term Fund
Following is the performance of the short term fund over the years:
| As on 14th September 2023 | 1 Year | 3 Years | 5 Years | All |
| Annual Returns | 7.10% | 6.00% | 7.90% | 8.70% |
| Category Average | 6.30% | 6.00% | 5.00% | NA |
What are the Top 10 Holdings of the Aditya Birla Sun Life Short Term Fund?
The top 10 holdings of the Aditya Birla Sun Life Short Term Fund as of September 13th, 2023 are:
| Top Holdings | Sector | Asset |
| GOI | Sovereign | 13.1% |
| GOI | Sovereign | 8.6% |
| GOI | Sovereign | 8.3% |
| GOI | Sovereign | 3.2% |
| HDFC Bank Ltd. | Financial | 2.5% |
| GOI | Sovereign | 2.4% |
| Embassy Office Parks REIT | Construction | 2.4% |
| LIC Housing Finance Ltd. | Financial | 2.2% |
| GOI | Sovereign | 1.7% |
| GOI | Sovereign | 1.7% |
What is the Debt Sector Allocation by Weightage?
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:
| Sector | Weightage (%) |
| Sovereign | 43.2% |
| Financial | 33.8% |
| Construction | 13.9% |
| Others | 9.1% |
Aditya Birla Sun Life Short Term Fund has allocated a substantial 96.90% of its portfolio towards debt holdings.
What is the Expense Ratio, Exit Load and Taxation of the Aditya Birla Sun Life Short Term Fund?
| Category | Percentage/Details |
| Expense Ratio | 0.38% |
| Exit Load | NIL |
| Stamp Duty | 0.005% (from July 1st, 2020) |
Taxation
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
plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
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