Aditya Birla Sun Life Savings Fund Growth Regular Plan - Latest NAV ₹415.5777, Returns, Performance & Portfolio

Aditya Birla Sun Life Savings Fund Growth Regular Plan

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    8.02%
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    (+0.03)415.5777

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 11.89 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years8.71%
5 Years8.02%
3 Years7.72%
1 Year7.38%
6 Months4.01%
Fund Details
ISININF209K01LZ1
RiskModerately Low risk
Fund TypeUltra Short Duration
NAV415.5777
Exit Load--

More about this fundstar

Top HoldingsWeightage
Mahindra & Mahindra Financial Services Limited3.12%
Shriram Transport Finance Company Limited2.55%
REC Limited2.28%
Housing Development Finance Corporation Limited2.03%
Rural Electrification Corporation Limited1.86%
6.81% MH SDL 20201.79%
Muthoot Finance Limited1.66%
182 DTB 171220201.61%
Reliance Industries Limited1.6%
Rural Electrification Corporation Limited1.59%

About Aditya BSL Savings Fund

The Aditya BSL Savings Fund is an open-ended, ultra short-term debt scheme. It seeks to generate regular income by investing in a portfolio of debt securities and money market instruments such that the Macaulay Duration of the portfolio is between 3 and 6 months.

Pros & Cons of Aditya BSL Savings Fund

  • The scheme endeavors to invest in companies with a strong business position and quality management. Further, it looks for instruments which generate superior yields consistently at lower risk levels.
  • As on December 31, 2018, the scheme is not ranked under CRISIL’s Ultra Short Duration Fund category.
  • Further, it has generated returns of 8.27% per year over the last 10 years (as on January 31, 2019).

Fund Information and Statistics of Aditya BSL Savings Fund

Inception / Launch Date

The scheme was launched on 27 November 2001 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderately-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 Savings Fund are :-

  • Mr. Kaustubh Gupta (since July 15, 2011)
  • Ms. Sunaina Da Cunha (since June 20, 2014)

Entry / Exit Load

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

Tax benefits of investing in Aditya BSL Savings 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

The Aditya Birla Sun Life Mutual Fund (ABSLMF) is a joint venture between the Aditya Birla Group, India and Sun Life Financial Inc., Canada and was established in 1994. Over the years, it has evolved as 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 smart solutions, user-friendly services, and a wide range of schemes to suit the investment goals and risk preferences of different investors.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 11.89 Lakhs in a period of 20 years
Moderately 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