Aditya Birla Sun Life Credit Risk Fund Regular Plan Growth - Latest NAV ₹14.8021, Returns, Performance & Portfolio

Aditya Birla Sun Life Credit Risk Fund Regular Plan Growth

  • highlight
    7.12%
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    14.8021

Start your investment

Min amount: ₹100

Investment mode is LumpSum (One Time)

Calculate Returns

Rs. 20,000 invested one time becomes Rs. 79,148 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.12%
3 Years5.48%
1 Year5.07%
6 Months6.04%
Fund Details
ISININF209KA1K47
RiskModerate Risk
Fund TypeCredit Risk
NAV14.8021
Exit Load3% for 365 Days

More about this fundstar

Top HoldingsWeightage
L&T Vadodara Bharuch Tollway Limited9.79%
Shriram - City Union Finance Limited7.95%
L&T Infrastructure Finance Company Limited5.02%
L&T Infrastructure Finance Company Limited3.83%
Indusind Bank Limited3.64%
Tata Housing Development Company Limited3.04%
Coastal Gujarat Power Limited3.01%
Tata Realty and Infrastructure Limited2.85%
5.77% GOI 20302.26%
Syndicate Bank1.94%

About Aditya BSL Credit Risk Fund

The Aditya BSL Credit Risk is an open-ended debt scheme. It seeks to generate income with capital growth over the short to medium-term by predominantly investing in a portfolio of corporate debt securities with short to medium-term maturities across the credit spectrum within the investment grade. It was earlier known as Aditya Birla Sun Life Corporate Bond Fund and was renamed as Aditya Birla Sun life Credit Risk Fund with effect from 04 June 2018.

Pros & Cons of Aditya BSL Credit Risk Fund

  • The scheme predominantly invests in AA and below-rated corporate bonds. Further, it ensures that the portfolio has debt securities with mixed credit ratings. However, it can allocate some part of its assets to highly rated papers to avoid any default risk and maintain liquidity.
  • As on September 30, 2018, the scheme is ranked 3 under CRISIL’s Credit Risk Fund category.
  • Further, it has generated returns of 8.27% per year over the last 3 years (as on January 18, 2019).

Fund Information and Statistics of Aditya BSL Credit Risk Fund

Inception / Launch Date

The scheme was launched on 17 April 2015 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 Credit Risk Fund are:

  • Mr. Maneesh Dangi (since April 17, 2015)
  • Ms. Sunaina Da Cunha (since April 01, 2017)

Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows:-

  • If any units are redeemed after the completion of 365 days from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 365 days from the date of allotment of the said units, and:-
  1. The number of units is less than 15% of the allotted units, then the exit load = Nill
  2.  The number of units is more than 15% of the allotted units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Aditya BSL Credit Risk 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

With more than 6.6 million investor folios and over Rs. 2,500 billion of assets under management, the Aditya Birla Sun Life Mutual Fund (ABSLMF) is one of India’s leading fund houses. It was established more than two decades back in 1994 through a joint venture between the Aditya Birla Group and Sun Life Financial Inc. (Canada). The fund house offers a wide range of schemes to suit the investment requirements of different types of investors.

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Frequently Asked Questions

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Start your investment

Min amount: ₹100

Investment mode is LumpSum (One Time)

Calculate Returns

Rs. 20,000 invested one time becomes Rs. 79,148 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