Rating: ★ ★ ★ ☆ ☆

Aditya Birla Sun Life Corporate Bond Fund Monthly Dividend Payout Direct Plan

Debt

  

Corporate Bond Fund

NAV

12.196 + 0.0009

as on (28 May, 2020)

RETURNS

6.31 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.3 %

Benchmark

CRISIL Short Term Bond Fund TR INR

Asset Size

17647.81 Cr.

(As of 30 Apr, 2019)

Risk

Moderately Low

Objective

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

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Fund manager

Maneesh Dangi

(since 01 Apr, 2017)

Exit load

N / A

Minimum sip

₹ 100

minimum investment

₹ 100

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

10.36 %

ONGC Petro Additions Limited

5.82 %

National Bank For Agriculture And Rural Development

3.67 %

Reliance Jio Infocomm Limited

3.37 %

Sector Allocation

About the Scheme Type

Corporate Bond Fund

Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.

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).