These are the top-ranked funds within
money market mutual funds.
However, Scripbox does not recommend investing in
money market mutual funds.
Money Market Funds invest in money market instruments with maturity upto 1 year. This category accounts for close to 5% of the total Debt fund assets. Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.
We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
The primary objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The scheme may invest a portion of its net assets in fixed rate debt securities and money market instruments.
Low
Moderately Low
Moderate
Moderately High
High
Low Risk
0.31%
Expense Ratio
13th Oct, 2005
Launched (15y ago)
₹
9,968
AUM in Crores
INF209K01RV7
ISIN
No Lock-in
Lock-in
Nifty Money Market TR INR
Benchmark
₹
1000
SIP Minimum
₹
5000
Lumpsum Min.
Fund Managers
Kaustubh Gupta
Fund Manager
Mohit Sharma
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments
are subject to market risk, read all scheme related documents carefully before investing. Past performance is
not an indicator of future returns.
Aditya Birla Sun Life AMC Ltd manages assets worth ₹ 242,567 crores. It's current offering of mutual fund schemes includes 76 equity, 327 debt and 27 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Top Ranked
These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.
Not Recommended
Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
How to invest in best mutual funds?
Investing through Scripbox is made easy and paperless. All you need to
do is follow the below steps and start investing.
Choose a plan
Choose a plan to invest to start investing
Create your account
Set-up your investment account
Invest online & transfer
Make instant payment or setup your investment for a later date
Track your investments
Mutual fund companies allot you units and send confirmation via email & SMS. The same gets updated in your Scripbox Account
The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7
years
You'll never have to worry about what funds to choose. We'll suggest
what's best for you.
Continuous monitoring alerts
We will track our recommendations and suggest changes fund exists
whenever required.
All week call assistance
Our customer champions are available 7 days a week from 8AM to 8PM.
Annual reviews rebalances
We review your investments and make course corrections every year to
make the best out of your investments
About Aditya Birla Sun Life Money Manager Fund (Growth)
About Aditya Birla Sun Life Money Manager Fund (Growth)
Aditya Birla Sun Life Money Manager Fund (Growth) is a Money Market Debt fund and has delivered an annualised return of 7.1% over a period of 15 years.
The fund was previously known as Aditya BSL FRF S/T Reg Gr.
The fund is managed by Aditya Birla Sun Life AMC Ltd.
The fund managers are Kaustubh Gupta, Mohit Sharma.
Aditya Birla Sun Life Money Manager Fund (Growth) Investment Objective
The primary objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The scheme may invest a portion of its net assets in fixed rate debt securities and money market instruments.
However, there is no assurance that the objective of the scheme will be realized.
Aditya Birla Sun Life Money Manager Fund (Growth) NAV, AUM and Risk
The fund was launched on 2005-10-13. The NAV of the fund as of 2020-10-22 is ₹ 280.29. The total AUM of the fund as of 2020-10-22 is ₹ 9,968 Cr. The category risk of the fund is Low Risk
The fund charges 0.31 % as expense ratio.
Aditya Birla Sun Life Money Manager Fund (Growth) Holdings
The fund’s highest allocation is towards others and has invested 92.18% in this asset class.
The top three holdings of the fund are net receivables / (payables), lic housing finance limited and larsen and toubro limited.
Aditya Birla Sun Life Money Manager Fund (Growth) SIP
The minimum SIP(Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
Aditya Birla Sun Life Money Manager Fund (Growth) Investment volatility and Horizon
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Money Market TR INR.
