Aditya Birla Sun Life Income Fund Regular Plan Growth - Latest NAV ₹95.4362, Returns, Performance & Portfolio

Aditya Birla Sun Life Income Fund Regular Plan Growth

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    8.6%
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    (--0.09)95.4362

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 12.79 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years8.45%
5 Years8.6%
3 Years7.65%
1 Year11.15%
6 Months7.17%
Fund Details
ISININF209K01579
RiskModerate Risk
Fund TypeMedium to Long Duration
NAV95.4362
Exit Load--

More about this fundstar

Top HoldingsWeightage
Housing And Urban Development Corporation Ltd.6.14%
Axis Bank Limited5.77%
Indian Railway Finance Corporation Limited5.1%
Mangalore Refinery & Petrochemicals Ltd.5.04%
NATIONAL HIGHWAYS AUTHORITY OF INDIA4.35%
Nuclear Power Corporation Of India Limited3.65%
Power Finance Corporation Ltd.3.6%
Housing Development Finance Corporation Limited3.22%
National Highways Authority Of India2.63%
Rural Electrification Corporation Limited2.52%

About Aditya BSL Income Fund

The Aditya BSL Income Fund is an open-ended medium-term debt scheme. It seeks to generate consistent income through superior yields on its investments at moderate levels of risk through a diversified investment approach. Further, it invests in a manner such that the Macaulay Duration of the portfolio is between 4 and 7 years. It was earlier known as Aditya Birla Sun Life Income Plus and was renamed as Aditya Birla Sun Life Income Fund with effect from 04 June 2018.

Pros & Cons of Aditya BSL Income Fund

  • Being an income scheme, the investment strategy reflects the relatively conservative nature of the portfolio. It conducts rigorous and in-depth credit evaluation and analysis to ascertain both short-term financial health and long-term solvency of the debt issuers.
  • As on September 30, 2018, the scheme is ranked 2 under CRISIL’s Medium to Long Duration Fund category.
  • Further, it has generated returns of 7.08% per year over the last 10 years (as on January 31, 2019).

Fund Information and Statistics of Aditya BSL Income Fund

Inception / Launch Date

The scheme was launched on 21 October 1995 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderate risk-level associated with it.

Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

The Fund Managers of the Aditya BSL Income Fund are:

  • Mr. Ashish Kela and
  • Mr. Pranay Sinha

Entry / Exit Load

There is no entry load or exit load in this scheme.

Tax benefits of investing in Aditya BSL Income Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG is added to the investor's income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% with indexation benefits.

About Aditya Birla Sun Life Mutual Fund

The Aditya Birla Sun Life Mutual Fund (ABSLMF) was established in 1994 by a venture between Sun Life Financial Inc. of Canada and India’s Aditya Birla Group. Bringing together the Indian experience of the Aditya Birla Group and the international experience of Sun Life, ABSLMF is one of India’s leading fund houses. It offers smart solutions, user-friendly services, and a plethora of investment schemes to cater to the needs of different types of investors.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 12.79 Lakhs in a period of 20 years
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns