This Top-Rated Medium Duration Debt Fund Has Given 31.17% Annualised SIP Returns In 1 Year

Aditya Birla Sun Life Medium Term Plan is a debt mutual fund from the house of Aditya Birla Sun Life Mutual Fund. The fund seeks to generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium-term maturity. Here are the key details of the fund and returns under the Direct Plan of the Fund.

Aditya Birla Sun Life Medium Term Plan

Aditya Birla Sun Life Medium Term Plan is an open-ended medium-duration Debt Mutual fund launched on March 25, 2009, by the Aditya Birla Mutual Fund. As on 31 October 2022, the fund has Rs 1,613 crore Asset Under Management (AUM) and as on 09 November 2022, its Net Asset Value (NAV) is Rs 33.2194 (Direct Plan-Growth). Its benchmark is CRISIL Medium Duration Fund CIII Index. This is a moderately high-risk debt fund as per SEBI Riskometer. It is top-rated by Value Research, given 5-Star and 2-Star by CRISIL. 

According to the Mutual Fund house, this fund is best suitable for investors who are seeking
Income with capital growth over the medium term and Investments in debt and money market instruments.

Investment details

• Minimum Investment - Rs 1,000
• Minimum SIP Investment - Rs 1,000
• Minimum Additional Investment - Rs 1,000
• Exit Load - According to the mutual fund, for units in excess of 15% of the investment,2% will be charged for redemption within 365 days. Whereas, for units in excess of 15% of the investment, 1% will be charged for redemption between 366 - 730 days. 
• It has no Lock-In period.
• As on 30 September 2022, the fund's expense ratio is 0.81%. 

Annualised Returns

Returns on Lump-Sum Investments

Since its inception, the fund has delivered 9.60% annual average returns on investments.

Investment Tenure	Returns
1 Year	24.80%
2 Year	17.78%
3 Year	11.24%
5 Year	8.38%

Returns on SIP Investments

SIP Tenure	Returns
1 Year	31.17%
2 Year	21.47%
3 Year	17.76%
5 Year	11.98%

Portfolio

As mentioned above, it is a debt mutual fund, it has 88.61% asset allocation in the Debt, followed by 9.24% in Cash & Cash Equivalent, and 2.15% in Equity. Its top investment instruments include GOI Securities, Debentures, Certificate of Deposits, Non-Convertible Debentures, Debentures, Central Government loans, Additional Tier-1 Bond and Tier-2 Bond. The top 5 holding includes GOI GOI Sec 6.54 17/01/2032 - 1(0.76%), Shriram City Union Finance Ltd SR XIII Debenture 9.25 28/05/2024 - (6.26%), Axis Bank Ltd CD 16/06/2023 - (4.45%), Mahindra Rural Housing Finance Ltd SR DD2021U Debenture 17/06/2024- (3.10%), and Canara Bank CD 03/01/2023 - (3.06%).
 

 

 

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.