Aditya Birla Sun Life Savings Fund Direct Plan Growth - Regular - Latest NAV [ ₹429.0365 ], Returns, Performance, Portfolio & Returns 2021

Aditya Birla Sun Life Savings Fund Direct Plan Growth

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    7.63%
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    (+0.1)429.0365

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.66 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.63%
3 Years7.5%
1 Year6.37%
6 Months2.05%
Fund Details
ISININF209K01UR9
RiskLow to Moderate Risk
Fund TypeUltra Short Duration
NAV429.0365
Exit Load--

More about this fundstar

Top HoldingsWeightage
8.79% Govt Stock 202112.55%
Citicorp Finance (India) Limited3.11%
364 DTB 070520213.1%
National Bank For Agriculture And Rural Development2.49%
8.83% Govt Stock 20232.08%
REC Limited2.04%
Rural Electrification Corporation Limited1.99%
Muthoot Finance Limited1.5%
Housing Development Finance Corporation Limited1.48%
Rural Electrification Corporation Limited1.42%

About Aditya Birla Sun Life Savings Fund

This mutual fund scheme has an objective of generating regular returns by creating a portfolio of securities from debt and money markets. This fund also invests in cash equivalents to facilitate liquidity.

Pros and Cons of Aditya Birla Sun Life Savings Fund

The major advantage of investing in this fund is that you get exposure to a diversified portfolio consisting of securities across debt and money markets. This fund is known to offer much higher returns than a regular savings bank account. On the other hand, the returns can be curtailed as the exposure towards equities is minimal.

Fund Information and Statistics

i) Inception/Launch Date

Aditya Birla Sun Life Savings Fund was launched on 1 January 2013.

ii) Risk Level

Aditya Birla Sun Life Savings Fund is categorised under the ‘moderately low risk’ class of mutual funds by Aditya Birla Sun Life Mutual Fund.

iii) Redemption

Since Aditya Birla Sun Life Savings Fund is an open-ended mutual fund, you can redeem your investments at any time. However, you have to be mindful of the applicable tax on capital gains before deciding to redeem your holdings.

iv) Fund Manager

Mr Sunaina da Cunha and Mr Kaustubh Gupta are the current fund managers of Aditya Birla Sun Life Savings Fund.

v) Entry/Exit Load

There is no entry load as per the regulations of the securities markets regulator. There is no exit load on this fund so as to facilitate instant withdrawal.

About Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund is being sponsored by Sun Life (India) AMC Investments Inc and Aditya Birla Capital Limited. Aditya Birla Sun Life Trustee Private Limited is its trustee. The fund house’s total assets under management (AUM) amounted to Rs 2.14 lakh crore as of June 2020. This fund houses started offering mutual funds from 23 December 1994.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.66 Lakhs in a period of 20 years
Low to 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