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5-Star Rated Debt Fund In 1 Year SIP Gave Near 40% Annualised Returns, SIP Starts At Rs 1000
The fact that portfolio yields of debt mutual funds (MFs) have increased across categories is one benefit of rising interest rates. Their earnings, which have been modest over the past few years, are probably about to pick up.
This debt fund that we have highlighted here has given robust returns on SIP as well as lump sum investment in 1 year. The name of the fund is Aditya Birla Sun Life Medium Term Plan. Here we are highlighting the details of the Direct Plan- (G) option of the fund.
Aditya Birla Sun Life Medium Term Plan
Aditya Birla Sun Life Medium Term Plan is a Medium Duration Debt Fund from the house of Aditya Birla Sun Life Mutual Fund. It is 13 years old high-risk Debt fund launched on March 26, 2009. It is an open-ended debt fund.
Under the Direct Plan Growth Option of the fund, its size of assets under management (AUM) is Rs 1415.84 crore. The expense ratio of the fund is 0.87%, which is higher than its category average ratio of 0.7%. Its Net Asset Value (NAV) declared on 08th August 2022 is Rs. 32.6561. Its benchmark is the CRISIL Medium Duration Fund CIII Index.
It has been rated 5-star by Value Research and 2-star by CRISIL, respectively. The fund outperformed the benchmark over the years. On SIP investments, the fund has also performed well and delivered more than 20% absolute returns and near 40% annualised returns in 1 year.
Investment
You can begin investing with a minimum of Rs 1,000 for a lump sum payment and Rs 1000 for SIP investments. The minimum required amount for additional investments is also Rs 1000.
The fund charges 2% for the redemption of units more than 15% of the investments within 365 days of the investment and 1% will be charged for redemption between 366 days to 730 days of investments. There is no lock-in period applicable to this fund.
Annualised Returns
Lump Sum Investment
It has given an annual average return of 9.67% since its inception.
| 1-Year | 2-year | 3-year | 5-Year | 10 Year |
|---|---|---|---|---|
| 24.70% | 17.24% | 10.18% | 8.31% | 9.67% |
SIP Investment Returns
| 1-Year | 2-year | 3-year | 5-Year | 10 Year |
|---|---|---|---|---|
| 39.74% | 15.06% | 23.74% | 18.18% | 12.04% |
Portfolio
The fund has 95.55% investment in Debt, of which 15.44% are in Government securities, and 66.42% are in Low-Risk securities, respectively. As mentioned this is a Debt medium-duration Mutual Fund with investments in Debt instruments, which includes GOI Securities, Debentures, Non-Convertible Debentures, Certificates of Deposit, Commercial Paper, Central Government Loan, Additional Tier 1 and Tier 2 Bond.
Disclaimer
Mutual funds investment are subject to market risks. Read all scheme related documents carefully before investing. Greynium Information Technologies, and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.
