Aditya Birla Sun Life Medium Term Plan Regular Plan Growth
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|Fund Type||Medium Duration|
|Exit Load||2% for 365 Days|
More about this fund
|Shriram - City Union Finance Limited||5.93%|
|L&T Infrastructure Finance Company Limited||5.64%|
|Shriram Transport Finance Company Limited||4.94%|
|U.P. Power Corporation Limited||4.61%|
|U.P. Power Corporation Limited||4.41%|
|National Bank For Agriculture and Rural Development||2.85%|
|6.45% Govt Stock 2029||2.81%|
|6.79% Govt Stock 2029||2.59%|
|8.15% Govt Stock 2026||2.5%|
About Aditya BSL Medium Term Plan
The Aditya BSL Medium Term Plan is an open-ended, medium-term debt scheme. It seeks to generate income with capital growth over the medium-term by investing predominantly in a portfolio of debt securities with a medium-term maturity. Further, the investments are made such that the Macaulay Duration of the portfolio is between 3 and 4 years.
Pros & Cons of Aditya BSL Medium Term Plan
- The scheme reduces the duration of the fund and increases the holding in liquid bonds and money market instruments when the interest rates are rising. On the other hand, in a falling interest rate environment, the scheme maximizes its holdings in medium-term securities.
- As on September 30, 2018, the scheme is ranked 3 in CRISIL’s Medium Duration Fund category.
- Further, it has generated returns of 8.46% per year over the last 5 years (as on January 31, 2019).
Fund Information and Statistics of Aditya BSL Medium Term Plan
Inception / Launch Date
The scheme was launched on 25 March 2009 by Aditya Birla Sun Life Mutual Fund.
According to the investment objective and asset allocation of the scheme, it has a Moderate risk-level associated with it.
The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.
Mr. Maneesh Dangi is the Fund Manager of the Aditya BSL Medium Term Plan since September 01, 2014.
Entry / Exit Load
There is no entry load in this scheme.
The exit load structure is as follows:-
- If the 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 :-
- The number of units redeemed is less than 15% of the number of units allotted, then the exit load = Nil
The number of units redeemed is more than 15% of the number of units allotted, then the exit load = 1% of the applicable NAV
Tax benefits of investing in Aditya BSL Medium Term Plan
The following taxes are applicable to the 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
Established in 1994 through a joint venture between the Aditya Birla Group, India and Sun Life Financial Inc., Canada, the Aditya Birla Sun Life Mutual Fund (ABSLMF) is one of India’s leading fund houses today. It offers smart solutions, user-friendly services, and a plethora of investment options to suit the investment goals and risk preferences of different types of investors.
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