This Aditya Birla Sun Life Mutual Fund Has Given Highest Return In Past 1 Year

High interest rates and rising inflation made debt investment instruments attractive. In the recent few months, the Debt investors tiled towards the Debt fund and other debt instruments such as FD, all thanks to risk Interest rates started by the RBI in May 2022. Among various debt funds available, Aditya Birla Sun Life Medium Term Plan has given the highest return in the past 1 year.

Aditya Birla Sun Life Medium Term Plan

Aditya Birla Sun Life Medium Term Plan is a Debt category fund with a majority of holding in debt. Its Assets Under Management as on 31st December 2022 is Rs 1,647 crore, while its NAV as on 19 January 2023 is Rs 33,7499. It is an open-ended debt fund. Its benchmark is CRISIL Medium Duration Fund CIII index. 

Aditya Birla Sun Life Medium Term Plan's holding and returns

The fund's annualised return under the Direct Plan-Growth option in 1 year is 25.96%, while almost 5 times of its category average 5.20% in the same period. Since its inception, the fund has given 9.58% annualised average return, which is higher than its category annual average return of 7%. The fund has 94.58% debt holdings, the majority of debt investments are in GOI Securities, Debentures, and Certificate of Deposits The rest 2.33% are in real estate and 3.08% are in cash & cash equivalent instruments. 

SIP Investments and Return in Aditya Birla Sun Life Medium-Term Plan

Those who made monthly investments of Rs 10,000 over the past three years with Rs 10000 initial investment in the fund would have made profits of around Rs 1.08 lakh, as their initial investment of Rs Rs 3,70,000 would have grown to Rs 4,78,130. Aditya Birla Sun Life Medium Term Plan's expense ratio is roughly 0.81%, and the exit load within 365 days of investment is 2%, which is comparable to what other funds are showing. If you want to start a SIP in this fund, you can do so with a minimum lump sum of Rs 1000 and a monthly SIP of Rs 1000.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.