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Aditya Birla Sun Life Medium Term Plan Direct Dividend Payout

Debt

  

Medium Duration Fund

NAV

12.656 + 0.0332

as on (01 Apr, 2020)

RETURNS

1.14 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.95 %

Benchmark

CRISIL AA Short Term Bond Index

Asset Size

4452.29 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

The investment objective of the Scheme is to generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium term maturity.

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Fund manager

Maneesh Dangi

(since 01 Sep, 2014)

Exit load

1 %

(If redeemed within 365 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

9.78 %

Sprit Textiles Private Limited

6.96 %

Adilink Infra & Multitrading Private Limited

5.42 %

Adani Infra (India) Limited

5.17 %

Sector Allocation

About the Scheme Type

Medium Duration Fund

Medium Duration Funds invest in debt and money market instruments wherein the portfolio’s Macaulay Duration should be between three to four years. Given that these funds do not have equity exposure, it reduces the risk factor and is generallysuited for investors whose investment horizon is 1 – 3 years and are looking for just better than nominal returns.

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).