Rating : ★ ★ ★ ★ ★
Aditya Birla Sun Life Money Manager Fund Regular Plan Growth
 ÂMoney Market Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
0%
Asset Size
15495.32 Cr.
(As of 15 May, 2022)
Benchmark
Nifty Money Market 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.
 
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
8.15% Govt Stock 2022
5.75%
8.35% Govt Stock 2022
3.67%
7.37% Govt Stock 2023
1.50%
Indusind Bank Limited
1.36%
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 5 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).