Fund Details
Aditya Birla Sun Life Corporate Bond Fund Direct IDCW Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.28% |
| NAV | ₹12.53 (14 May 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹23,971 Cr |
Returns
Comparison
1. Lower expense ratio - 0.28%
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 | 2.3% |
| Reliance Industries Ltd. | Energy | NCD | 2.3% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 1.8% |
| Reliance Industries Ltd. | Energy | NCD | 1.8% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 1.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 1.2% |
| Reliance Industries Ltd. | Energy | NCD | 1.1% |
| Reliance Industries Ltd. | Energy | Debenture | 1.0% |
| Larsen & Toubro Ltd. | Construction | Debenture | 0.8% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 0.6% |
Fund Managers
Aditya Birla Sun Life Corporate Bond Fund Direct IDCW Monthly Details
Aditya Birla Sun Life Corporate Bond Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Maneesh Dangi, Kaustubh Gupta is the Current Fund Manager of Aditya Birla Sun Life Corporate Bond Fund Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹23,971 Cr and the Latest NAV as of 14 May 2021 is ₹12.53.
The Aditya Birla Sun Life Corporate Bond Fund Direct IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
Investment Objective
The scheme seeks to generate optimal returns with high liquidity through active management of the portfolio by investing in High Quality Debt and Money Market Instruments.
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.
