Aditya Birla Sun Life Income Fund Direct Plan Growth - Latest NAV ₹101.7509, Returns, Performance & Portfolio

Aditya Birla Sun Life Income Fund Direct Plan Growth

  • highlight
    9.18%
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    (--0.04)101.7509

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.89 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years9.18%
3 Years9.7%
1 Year7.22%
6 Months0.73%
Fund Details
ISININF209K01WY1
Risk
Fund TypeMedium to Long Duration
NAV101.7509
Exit Load--

More about this fundstar

Top HoldingsWeightage
Axis Bank Limited4.72%
7.56% UP SDL 20274.14%
Indian Railway Finance Corporation Limited4.13%
Mangalore Refinery & Petrochemicals Limited3.78%
6.19% Govt Stock 20343.55%
National Highways Authority of India3.47%
Housing and Urban Development Corporation Limited3.39%
Power Finance Corporation Limited2.96%
Nuclear Power Corporation of India Limited2.93%
Housing Development Finance Corporation Limited2.67%

About Aditya Birla Sun Life Income Fund - Direct Plan - Growth

Aditya Birla Sun Life Income Fund - Direct Plan - Growth aims to offer regular income by investing in a mix of government securities and money market instruments. The fund manager invests in a portfolio of fixed income securities, to ensure liquidity for the investors.

Pros and Cons of Aditya Birla Sun Life Income Fund - Direct Plan - Growth

Aditya Birla Sun Life Income Fund - Direct Plan - Growth invests in a portfolio of low risk fixed income securities, to protect the capital. The fund manager allocates a part of the portfolio to government securities to get maximum return for investors, based on interest rate movements. On the flip side, returns are lower as compared to equity funds.

Fund Information and Statistics

i) Inception/Launch Date

Aditya Birla Sun Life Income Fund was launched on 01 January 2013.

ii) Risk Level

Aditya Birla Sun Life Mutual Fund has placed Aditya Birla Sun Life Income Fund under the 'moderate risk' category. It is riskier as compared to liquid funds.

iii) Redemption

Aditya Birla Sun Life Income Fund is open-ended and the investment can be redeemed at any time.

iv) Fund Manager

Mr Bhupesh Bameta is the current fund manager of Aditya Birla Sun Life Income Fund.

v) Entry/Exit Load

SEBI norms have stopped mutual fund houses from charging an entry load. The fund has no exit load.

About Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund, one of the top fund houses, entered the mutual fund industry way back in 1994. It was started as a joint venture between Aditya Birla Capital Limited and Sun Life India (AMC). Aditya Birla Capital Limited and Sun Life India (AMC) Investments Inc are its sponsors. It has Aditya Birla Sun Life Trustee Private Limited as the trustee. As of June 2020, the total assets under management (AUM) was a massive Rs 2.14 lakh crore.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.89 Lakhs in a period of 20 years

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