Fund Category Dynamic Bond
Investment Objective The investment objective of the scheme is to generate optimal returns with high liquidity through active management of the portfolio by investing in Debt and Money Market Instruments.
| Fund Details | |
|---|---|
| Fund Manager: | Mr. Mohit Sharma, Mr. Bhupesh Bameta & Mr. Dhaval Joshi |
| Managing Fund Since: | March 22, 2021, August 06, 2020 & November 21, 2022 |
| Experience in Managing the Fund: | 2.8 years, 2.2 years & 0.5 Years |
| Date of Allotment: | September 27, 2004 |
| Type of Scheme: | An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and relatively high credit risk. |
| Application Amount for fresh subscription: | 1,000 (plus in multiplies of 1) |
| Min. Addl. Investment: | 1,000 (plus in multiplies of 1) |
| SIP: | Monthly: Minimum 1,000/- |
| NAV of Plans / Options () | $Income Distribution cum capital withdrawal |
| Regular Plan | |
| Growth: | 39.5298 |
| Monthly IDCW$: | 10.5150 |
| Quarterly IDCW$: | 10.6602 |
| Daily IDCW$: | 12.0212 |
| Direct Plan | |
| Growth: | 41.9102 |
| Monthly IDCW$: | 10.8165 |
| Quarterly IDCW$: | 10.7794 |
| Daily IDCW$: | 12.8610 |
| Benchmark: | NIFTY Composite Debt Index B-III |
| Monthly Average AUM: | 1657.49 Crores |
| AUM as on last day: | 1654.67 Crores |
| Load Structure (as % of NAV) (Incl. for SIP) | |
| Entry Load: | Nil |
| Exit Load: In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switchedout without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 90 days from the date of allotment: 0.50% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: Nil Exit Load is NIL for units issued in Reinvestment of IDCW | |
| Other Parameters | |
| Modified Duration: | 2.35 years |
| Average Maturity: | 3.13 years |
| Yield to Maturity: | 7.55% |
| Macaulay Duration: | 2.47 years |
| Calculation of YTM doesn't include Stressed Assets (ITPCL, JRPICL & VIL). Refer the Annexure for Update on Stressed Assets. | |
| Total Expense Ratio (TER) | |
| Including additional expenses and goods and service tax on management fees. | |
| Regular | 1.19% |
| Direct | 0.64% |
Data as on 30th June 2023 unless otherwise specified
| Portfolio Holdings | ||
|---|---|---|
| Issuer | % to net Assets |
Rating |
| Fixed rates bonds - Corporate | 43.35% | |
| LIC Housing Finance Limited | 4.23% | CRISIL AAA |
| Axis Finance Limited | 3.05% | CARE AAA |
| National Bank For Agriculture and Rural Development | 3.02% | CRISIL AAA |
| REC Limited | 3.02% | ICRA AAA |
| State Bank of India - Tier II - Basel III | 2.34% | ICRA AAA |
| Power Finance Corporation Limited | 2.12% | ICRA AAA |
| Muthoot Finance Limited | 1.81% | ICRA AA+ |
| Adani Ports and Special Economic Zone Limited | 1.81% | IND AA+ |
| DLF Cyber City Developers Limited | 1.77% | CRISIL AA |
| Power Finance Corporation Limited | 1.52% | ICRA AAA |
| Mahindra & Mahindra Financial Services Limited | 1.52% | IND AAA |
| Godrej Industries Limited | 1.51% | ICRA AA |
| Bharti Telecom Limited | 1.47% | CRISIL AA+ |
| U.P. Power Corporation Limited | 1.47% | BWR AA-(CE) |
| Punjab National Bank - Tier II - Basel III | 1.43% | IND AAA |
| TATA Realty & Infrastructure Limited | 1.25% | ICRA AA+ |
| NIIF Infrastructure Finance Limited | 1.22% | ICRA AAA |
| Muthoot Finance Limited | 1.22% | ICRA AA+ |
| Bharti Telecom Limited | 1.20% | CRISIL AA+ |
| TMF Holdings Limited | 1.19% | CRISIL AA |
| Sundew Properties Limited | 1.19% | CRISIL AAA |
| Nuvoco Vistas Corp Limited | 1.03% | CRISIL AA |
| ANDHRA PRADESH CAPITAL REGION DEVELOPMENT AUTHORITY | 0.89% | CRISIL A-(CE) |
| Summit Digitel Infrastructure Private Limited | 0.88% | CRISIL AAA |
| HDFC Bank Limited | 0.61% | CRISIL AAA |
| Power Finance Corporation Limited | 0.32% | CRISIL AAA |
| National Bank For Agriculture and Rural Development | 0.29% | ICRA AAA |
| Government Bond | 21.41% | |
| 7.26% GOVERNMENT OF INDIA 06FEB33 | 14.35% | SOV |
| 7.26% GOI 22AUG2032 | 3.35% | SOV |
| 7.10% GOVERNMENT OF INDIA 18APR29 | 1.51% | SOV |
| 4.70% INDIA GOVT BOND 22SEP2033 FRB | 1.21% | SOV |
| 6.45% GOVERNMENT OF INDIA 07OCT29 G-SEC | 0.88% | SOV |
| GOI 06.10% 12JUL31 | 0.06% | SOV |
| 7.95% GOI 2032 (28-AUG-2032) | 0.04% | SOV |
| 8.33% GOI (MD 07/06/2036) | 0.02% | SOV |
| 7.88% GOI (MD 19/03/2030) | 0.00% | SOV |
| Floating rates notes - Corporate | 6.91% | |
| Mahindra Rural Housing Finance Limited | 2.73% | IND AA+ |
| JM Financial Credit Solutions Ltd | 2.44% | ICRA AA |
| Varanasi Sangam Expressway Private Limited | 1.74% | IND AAA |
| State Government bond | 3.10% | |
| 6.9% TAMIL NADU SDL 16OCT25 | 0.92% | SOV |
| RAJASTHAN 08.33% 23JUN2025 SDL | 0.92% | SOV |
| 6.70% TAMIL NADU 16OCT24 SDL | 0.74% | SOV |
| 7.29% West Bengal SDL (MD 28/12/2026) | 0.21% | SOV |
| 8.37% TAMILNADU 06MAR29 SDL | 0.13% | SOV |
| 8.35% GUJARAT 06MAR29 SDL | 0.07% | SOV |
| 8.43% UTTARPRADESH 06MAR29 SDL | 0.06% | SOV |
| 7.96% Gujarat SDL (14/10/2025) | 0.03% | SOV |
| 7.96% Maharashtra SDL (14/10/2025) | 0.02% | SOV |
| 9.40% Madhya Pradesh SDL (MD 30/01/2024) | 0.01% | SOV |
| 8.32% GUJARAT 12DEC28 SDL | 0.00% | SOV |
| Cash Management Bills | 1.59% | |
| Government of India | 0.84% | SOV |
| Government of India | 0.75% | SOV |
| Securitised Debt Amort | 0.56% | |
| First Business Receivables Trust | 0.28% | CRISIL AAA(SO) |
| First Business Receivables Trust | 0.28% | CRISIL AAA(SO) |
| Cash & Current Assets | 23.08% | |
| Total Net Assets | 100.00% | |
| Rating Profile of Portfolio |
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Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 or from any of our Investor Service Centers.
This page is a part of the July 2023 Factsheet of Aditya Birla Sun Life Mutual Fund. Click on http://empower.abslmf.com/ for the digital factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
