Aditya Birla Sun Life Income Fund Direct Plan Growth
- 9.18%
- (--0.04)101.7509
Min amount: ₹1,000
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 9.18% |
| 3 Years | 9.7% |
| 1 Year | 7.22% |
| 6 Months | 0.73% |
| Fund Details | |
|---|---|
| ISIN | INF209K01WY1 |
| Risk | |
| Fund Type | Medium to Long Duration |
| NAV | 101.7509 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| Axis Bank Limited | 4.72% |
| 7.56% UP SDL 2027 | 4.14% |
| Indian Railway Finance Corporation Limited | 4.13% |
| Mangalore Refinery & Petrochemicals Limited | 3.78% |
| 6.19% Govt Stock 2034 | 3.55% |
| National Highways Authority of India | 3.47% |
| Housing and Urban Development Corporation Limited | 3.39% |
| Power Finance Corporation Limited | 2.96% |
| Nuclear Power Corporation of India Limited | 2.93% |
| Housing Development Finance Corporation Limited | 2.67% |
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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Min amount: ₹1,000
Calculate Returns
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