Aditya Birla Sun Life Corporate Bond Fund Regular Plan Growth
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Min amount: ₹100
- Fund Summary
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|Risk||Moderately Low risk|
|Fund Type||Corporate Bond|
More about this fund
|6.19% Govt Stock 2034||2.93%|
|8.24% Govt Stock 2027||2.56%|
|Larsen and Toubro Limited||2.32%|
|Reliance Industries Limited||2.31%|
|National Bank For Agriculture and Rural Development||2.11%|
|5.77% GOI 2030||1.99%|
|Power Finance Corporation Limited||1.82%|
|8.15% Govt Stock 2026||1.81%|
|Rural Electrification Corporation Limited||1.79%|
|Housing Development Finance Corporation Limited||1.79%|
About Aditya BSL Corporate Bond Fund
The Aditya BSL Corporate Bond is an open-ended debt scheme. It seeks to generate income with capital growth over the short-term along with high liquidity through active management of the portfolio by investing in high-quality debt securities and money market instruments. It was earlier known as Aditya Birla Sun Life Short Term Fund and was renamed as Aditya Birla Sun life Corporate Bond Fund with effect from 04 June 2018.
Pros & Cons of Aditya BSL Corporate Bond Fund
The scheme sticks to highly rated papers to avoid any default risk and carefully manages the interest rate risk by modifying the portfolio according to the interest rate scenario. It invests around 80%-100% of its net assets in Corporate Bonds and 0%-20% in Government securities and money market instruments. As on September 30, 2018, the scheme is ranked 2 under CRISIL’s Corporate Bond Fund category. Further, it has generated returns of 7.4% per year over the last 10 years (as on January 18, 2019).
Fund Information and Statistics of Aditya BSL Corporate Bond Fund
Inception / Launch Date
The scheme was launched on 03 March 1997 by Aditya Birla Sun Life Mutual Fund.
According to the investment objective and asset allocation of the scheme, it has a Moderately-low risk level associated with it.
The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.
The Fund Managers of the Aditya BSL Corporate Bond Fund are: 1. Mr. Maneesh Dangi (since April 01, 2017) 2. Mr. Kaustubh Gupta (since April 01, 2017)
Entry / Exit Load
There is no entry load or exit load in this scheme.
Tax benefits of investing in Aditya BSL Corporate Bond 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
Aditya Birla Sun Life Mutual Fund (ABSLMF), with more than Rs. 2,500 billion of assets under management and over 6.6 million investor folios, is one of India’s largest fund houses. Established in 1994 through a joint venture between the Aditya Birla Group and Sun Life Financial Inc. (Canada), the ABSLMF offers a wide range of investment options to fulfill different preferences of investors.
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Min amount: ₹100
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