Aditya Birla Sun Life Money Manager Fund Regular Plan Growth - Latest NAV ₹279.1229, Returns, Performance & Portfolio

Aditya Birla Sun Life Money Manager Fund Regular Plan Growth

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    7.6%
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    (+0.03)279.1229

Start your investment

Min amount: ₹5,000

Investment mode is LumpSum (One Time)

Calculate Returns

Rs. 20,000 invested one time becomes Rs. 86,551 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years8.35%
5 Years7.6%
3 Years7.73%
1 Year7.24%
6 Months5.5%
Fund Details
ISININF209K01RV7
RiskLow Risk
Fund TypeMoney Market
NAV279.1229
Exit Load--

More about this fundstar

Top HoldingsWeightage
07.64 CG SDL 20211.52%
Adani Ports & Special Economic Zone1.47%
Birla Group Holdings Private Limited0.93%
8.52% Haryana GS 20210.61%
8.51% Kerala GS 20210.51%
Cholamandalam Investment & Finance Company Limited0.49%
8.48% Odisha SDL 20210.46%
8.44% M.P. GS 20200.38%
8.50% Tamilnadu GS 20210.36%
8.52% Rajasthan GS 20210.26%

About Aditya BSL Money Manager Fund

The Aditya BSL Money Manager Fund is an open-ended debt scheme. It seeks to generate regular income by investing in a portfolio comprising substantially of floating-rate debt securities and money market instruments. Further, it may also invest in fixed-rate debt or money market instruments. It was earlier known as Aditya Birla Sun Life Floating Rate Fund – Short Term Plan and was renamed as Aditya Birla Sun Life Money Manager Fund with effect from June 04, 2018.

Pros & Cons of Aditya BSL Money Manager Fund

  • The scheme endeavors to allocate its assets between various floating and fixed interest rate securities and also uses derivatives like swaps and FRAs to achieve stable returns.
  • As on September 30, 2018, the scheme is ranked 2 under CRISIL’s Money Market Fund category.
  • Further, it has generated returns of 7.94% per year over the last 10 years (as on January 31, 2019).

Fund Information and Statistics of Aditya BSL Money Manager Fund

Inception / Launch Date

The scheme was launched on 05 June 2003 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Low 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 Money Manager Fund are:

  • Mr. Kaustubh Gupta (since July 15, 2011)
  • Mr. Mohit Sharma (since April 01, 2017)

Entry / Exit Load

There is no entry load or exit load in this scheme.

Tax benefits of investing in Aditya BSL Money Manager Fund

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, the Aditya Birla Sun Life Mutual Fund (ABSLMF) is a joint venture between the Aditya Birla Group, India and Sun Life Financial Inc., Canada. It is one of India’s largest fund houses with more than Rs. 2500 billion of assets under management and over 6.6 million investor folios. It offers several schemes to cater to the different requirements of investors.

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Frequently Asked Questions

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Start your investment

Min amount: ₹5,000

Investment mode is LumpSum (One Time)

Calculate Returns

Rs. 20,000 invested one time becomes Rs. 86,551 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