Rating : ★ ★ ★ ☆ ☆

Aditya Birla Sun Life Money Manager Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl

Debt

  

Money Market Fund

NAV

100.1079 +0.0135

(as on 11 May, 2021)

RETURNS

5.41 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0%

Asset Size

14499.15 Cr.

(As of 30 Apr, 2021)

Benchmark

CRISIL Liquid Fund TR INR

Riskometer

Investors understand that their principal will be at Moderate Risk.

Objective

The primary objective of the scheme is to generate regular income through investment in a portfolio comprising money market instruments.

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Fund manager

Kaustubh Gupta

Exit load

N / A

Minimum sip

₹1000

Minimum investment

₹1000

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

8.79% Govt Stock 2021

16.30%

364 DTB 29042021

2.15%

7.80% Govt Stock 2021

0.71%

8.13% Oil Mkt Comp GOI Sb 2021

0.31%

Sector Allocation

About the Scheme Type

Money Market Mutual Funds invest in high quality and ultra safeliquid instruments like commercial papers, treasury bills (T-Bills), Repurchase Agreements (Repos) and Certificate of Deposits. With an average maturity of one year, Money Market Mutual Funds are used to manage short-run cash needs and deals only in either cash or cash equivalents. Its main aim is to keep the fluctuations in the fund’s NAV to a minimum

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

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).