This fund is a good choice within ultra short mutual funds.
Scripbox recommends other funds for investment in Ultra Short.
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to see our recommendations.
Ultra Short funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions,invest its net assets in fixed income securities,money market instruments,cash and cash equivalents.
Low
Moderately Low
Moderate
Moderately High
High
Moderately Low risk
0.48%
Expense Ratio
27th Nov, 2001
Launched (18y ago)
₹
14,531
AUM in Crores
INF209K01MC8
ISIN
No Lock-in
Lock-in
CRISIL Ultra Short Term Debt TR INR
Benchmark
₹
0
SIP Minimum
₹
5000
Lumpsum Min.
Fund Managers
Kaustubh Gupta
Fund Manager
Sunaina Cunha
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 ₹ 232,033 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
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About Aditya Birla Sun Life Savings Fund Fund Retail (Growth)
About Aditya Birla Sun Life Savings Fund Fund Retail (Growth)
Aditya Birla Sun Life Savings Fund Fund Retail (Growth) is a Ultra Short Debt fund and has delivered an annualised return of 7.64% over a period of 18 years.
The fund is managed by Aditya Birla Sun Life AMC Ltd.
The fund managers are Kaustubh Gupta, Sunaina Cunha.
Aditya Birla Sun Life Savings Fund Fund Retail (Growth) Investment Objective
The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions,invest its net assets in fixed income securities,money market instruments,cash and cash equivalents.
However, there is no assurance that the objective of the scheme will be realized.
Aditya Birla Sun Life Savings Fund Fund Retail (Growth) NAV, AUM and Risk
The fund was launched on 2001-11-27. The NAV of the fund as of 2020-10-29 is ₹ 402.44. The total AUM of the fund as of 2020-10-29 is ₹ 14,531 Cr. The category risk of the fund is Moderately Low risk
The fund charges 0.48 % as expense ratio.
Aditya Birla Sun Life Savings Fund Fund Retail (Growth) Holdings
The fund’s highest allocation is towards others and has invested 50.75% in this asset class.
The top three holdings of the fund are housing development finance corporation limited, reliance industries limited and mahindra & mahindra financial services limited.
Aditya Birla Sun Life Savings Fund Fund Retail (Growth) SIP
The minimum SIP(Systematic Investment Plan) amount for this is ₹ 0 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 Savings Fund Fund Retail (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 CRISIL Ultra Short Term Debt TR INR.
