Fund Details
Aditya Birla Sun Life Credit Risk Fund Direct IDCW
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.13% |
| NAV | ₹11.65 (23 Jul 2021) |
|---|---|
| Fund Started | 17 Apr 2015 |
| Fund Size | ₹1,471 Cr |
Returns
Comparison
1. Lower expense ratio - 0.3%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | NCD | 2.2% |
| Reliance Industries Ltd. | Energy | NCD | 2.2% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.0% |
| Power Finance Corporation Ltd. | Financial | Debenture | 1.7% |
| Reliance Industries Ltd. | Energy | NCD | 1.7% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | NCD | 1.4% |
| Sikka Ports and Terminals Ltd. | Energy | Debenture | 1.4% |
| GOI | Sovereign | GOI FRB | 1.4% |
| GOI | Sovereign | CGL | 1.4% |
| Sikka Ports and Terminals Ltd. | Energy | ZCB | 1.4% |
Fund Managers
Aditya Birla Sun Life Credit Risk Fund Direct IDCW Details
Aditya Birla Sun Life Credit Risk Fund Direct IDCW is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 17 Apr 2015. Maneesh Dangi, Sunaina da Cunha is the Current Fund Manager of Aditya Birla Sun Life Credit Risk Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,471 Cr and the Latest NAV as of 23 Jul 2021 is ₹11.65.
The Aditya Birla Sun Life Credit Risk Fund Direct IDCW is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 200000. For units in excess of 15% of the investment, exit load of 3% if redeemed within 1 year, 2% if redeemed after 1 year but within 2 years, 1% if redeemed after 2 years but within 3 years.
Investment Objective
The scheme seeks to generate returns by predominantly investing in a portfolio of corporate debt securities with short to medium term maturities across the credit spectrum within the investment grade.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
