Aditya Birla Sun Life Money Manager Fund Direct Plan Growth - Latest NAV ₹285.9383, Returns, Performance & Portfolio

Aditya Birla Sun Life Money Manager Fund Direct Plan Growth

  • highlight
    7.39%
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    (+0.02)285.9383

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.5 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.39%
3 Years7.49%
1 Year6.19%
6 Months2.05%
Fund Details
ISININF209K01UU3
RiskLow Risk
Fund TypeMoney Market
NAV285.9383
Exit Load--

More about this fundstar

Top HoldingsWeightage
364 DTB 290420219.64%
182 DTB 040320212.45%
7.80% Govt Stock 20210.8%
182 DTB 250220210.69%

About Aditya Birla Sun Life Money Manager Fund - Direct Plan - Growth

The main intention of this fund is to create a regular stream of income by predominantly investing in the fixed-income securities in the debt and money markets. Therefore, the risk possessed by this fund is on the lower side.

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

Investing in this fund is suitable for risk-averse investors since the risk level of this fund is on the lower side. You get exposure to a portfolio which is formed by various fixed income securities across debt and money markets. On the flip side, the returns can be curtailed since the fund is exposed to minimal risk.

Fund Information and Statistics

i) Inception/Launch Date

Aditya Birla Sun Life Money Manager Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

Aditya Birla Sun Life Money Manager Fund - Direct Plan - Growth is categorised under ‘low risk’ class of mutual funds.

iii) Redemption

Since Aditya Birla Sun Life Money Manager Fund - Direct Plan - Growth is open-ended, you can pull out your investment at any time.

iv) Fund Manager

Mr Kaustubh Gupta and Mr Mohit Sharma are the current fund managers of Aditya Birla Sun Life Money Manager Fund - Direct Plan - Growth.

v) Entry/Exit Load

There is no entry load as per the regulations of the Indian market supremo. This fund does not have an exit load as well.

About Aditya Birla Sun Life India Mutual Fund

Aditya Birla Sun Life Mutual Fund was formed due to a joint venture agreement between Sun Life India (AMC) and Aditya Birla Capital Limited in the year 1994. They also happen to be the sponsors with whom the fund house registered with the Securities and Exchange Board of India (SEBI). It had assets worth Rs 2.14 lakh crore as of June 2020, making it a leading asset management company in the country.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.5 Lakhs in a period of 20 years
Low 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