Rating : N/A

ADITYA BIRLA SUN LIFE LIQUID FUND INSTITUTIONAL GROWTH

Debt

  

Liquid Fund

NAV

618.838 +0.104

(as on 22 Sep, 2023)

RETURNS

4.67 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

0%

Asset Size

38156.89 Cr.

(As of 15 Sep, 2023)

Benchmark

CRISIL Liquid Fund TR INR

Riskometer

Investors understand that their principal will be at Moderate Risk.

Objective

The objective of the scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.

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Fund manager

Sunaina Cunha

Exit load

0.006999999999999999 %

(If redeemed within 1 days)

Minimum sip

₹0

Minimum investment

₹500

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

182 DTB 22092023

7.09%

Reverse Repo

6.49%

Net Receivables / (Payables)

6.06%

Small Industries Development Bank Of India

5.00%

Sector Allocation

About the Scheme Type

Liquid Mutual Fund invest in short-term money market instruments such as government securities, treasury bills (T-Bills), commercial papers, call money, etc., with a maturity period of up to 91 days. Liquid mutual funds are not only least risky but least volatile as well because they mostly invest in instruments with high credit rating (P1+) and experience nominal change in their NAV (Net Asset Value), mostly on the interest income accrued. This happens because of their short-term maturity which makes them sparingly traded in the market. Being invested for short periods of time, these provide unrivalled liquidity to investors.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Limited (formerly known as Birla Sun Life Asset Management Company Limited), the investment manager of Aditya Birla Sun Life Mutual Fund (formerly known as Birla Sun Life Mutual Fund), is a joint venture between the Aditya Birla Group and the Sun Life Financial Inc. of Canada.

The joint venture brings together the Aditya Birla Group's experience in the Indian market and Sun Life's global experience. Aditya Birla Sun Life Mutual Fund (ABSLMF) was established in 1994 and is co-sponsored by Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc. The Aditya Birla Sun Life Mutual Fund is one of the leading Fund Houses in India based on domestic average AUM as published by the Association of Mutual Funds of India (AMFI). The Aditya Birla Mutual Fund has total domestic assets under management (AUM) of close to Rs. 2423 billion (Quarter ended December 31st, 2018). The fund house has an extraordinary mix of reach, a wide range of product offerings across equity, debt, balanced as well as structured asset classes and sound investment performance, with around 6.8 million investor folios (as of December 31st, 2018).