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Aditya Birla Sun Life Dynamic Bond Fund Dividend Reinvestment Direct Plan

Debt

  

Dynamic Bond

NAV

11.957 + 0.2775

as on (27 Mar, 2020)

RETURNS

2.62 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0.85 %

Benchmark

CRISIL Short Term Bond Fund TR INR

Asset Size

2576.2 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

The investment objective of the scheme is to generate optimal returns with high liquidity through active management of the portfolio by investing in Debt and Money Market Instruments.

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Fund manager

Maneesh Dangi

(since 12 Sep, 2007)

Exit load

1 %

(If redeemed within 90 days)

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

7.17% Govt Stock 2028

33.09 %

Sprit Textiles Private Limited

7.9 %

Adani Infra (India) Limited

7.21 %

Piramal Enterprises Limited

5.46 %

Sector Allocation

About the Scheme Type

Dynamic Bond

Dynamic Bond Fund’s objective is to deliver optimal returns not just in rising but during falling market conditions as well. These are aggressive income funds and their positioning depends a lot on the fund manager. Dynamic bond funds have no restriction of investing in any particular type of securities and can behave either like short term or long term depending on where the interest rates are headed. The risk factor in the case of Dynamic Bond Funds when your Fund Manager’s calls go wrong, in which case you could end up incurring losses.

Ratings

This fund is rated 2 stars by Morning Star Ratings.

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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).