Aditya Birla Sun Life Low Duration Fund

An open ended low duration debt scheme investing in instruments such that Macaulay duration of the portfolio is between 6 months and 12 months. A relatively high interest rate risk and moderate credit risk.

Fund Category Low Duration Fund

Investment Objective The objective of the scheme is to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of short maturities with a view to provide reasonable returns.

Fund Details
Fund Manager: Mr. Kaustubh Gupta,
Mr. Mohit Sharma &
Mr. Dhaval Joshi
Managing Fund Since: July 15, 2011
April 01, 2017 & November 21, 2022
Experience in Managing the Fund: 11.9 years, 6.2 years & 0.5 Years.
Date of Allotment: May 14, 1998
Type of Scheme: An open ended low duration debt scheme investing in instruments such that Macaulay duration of the portfolio is between 6 months and 12 months. A relatively high interest rate risk and moderate credit risk.
Application Amount for fresh subscription: 100
(plus in multiplies of 1)
Min. Addl. Investment: 100
(plus in multiplies of 1)
SIP: Monthly: Minimum 100/-
NAV of Plans / Options ()^ $Income Distribution cum capital withdrawal
Regular Plan
Growth: 572.1438
Daily IDCW$: 100.2230
Weekly IDCW$: 100.5094
Direct Plan@
Growth: 623.7590
Daily IDCW$: 100.2271
Weekly IDCW$: 100.6981
Institutional Plan
Growth: 401.1661
Daily IDCW$: 100.2203
Weekly IDCW$: -
^The Face Value per unit of all the plans/ options under Aditya Birla Sun Life Low Duration Fund is 100/-
Note:@ Institutional Plan has been discontinued and does not accept fresh subscriptions/Switch in.
Benchmark: CRISIL Low Duration Fund BI Index
Monthly Average AUM: 11597.12 Crores
AUM as on last day: 11279.48 Crores
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load: Nil
Exit Load: Nil
Other Parameters
Modified Duration: 0.87 years
Average Maturity: 0.99 years
Yield to Maturity: 7.68%
Macaulay Duration: 0.92 years
Total Expense Ratio (TER)
Including additional expenses and goods and service tax on management fees.
Regular 1.18%
Direct 0.39%

Data as on 30th June 2023 unless otherwise specified


Portfolio Holdings
Issuer
% to net Assets
Rating
Money Market Instruments 40.15%  
Axis Bank Limited 4.16% ICRA A1+
Kotak Mahindra Bank Limited 3.33% CRISIL A1+
Small Industries Development Bank of India 2.48% CARE A1+
Housing Development Finance Corporation Limited 2.40% ICRA A1+
Housing Development Finance Corporation Limited 2.28% ICRA A1+
Housing Development Finance Corporation Limited 2.10% ICRA A1+
Axis Bank Limited 1.81% ICRA A1+
ICICI Bank Limited 1.81% ICRA A1+
Axis Bank Limited 1.70% IND A1+
National Bank For Agriculture and Rural Development 1.69% ICRA A1+
State Bank of India 1.69% CARE A1+
Small Industries Development Bank of India 1.66% CARE A1+
Kotak Mahindra Bank Limited 1.28% CRISIL A1+
Export Import Bank of India 1.26% ICRA A1+
Axis Bank Limited 1.07% ICRA A1+
Export Import Bank of India 0.88% ICRA A1+
Small Industries Development Bank of India 0.85% CRISIL A1+
Small Industries Development Bank of India 0.85% CARE A1+
Kotak Mahindra Bank Limited 0.84% CRISIL A1+
Toyota Financial Services India Ltd 0.83% ICRA A1+
Axis Bank Limited 0.83% ICRA A1+
IndusInd Bank Limited 0.63% CRISIL A1+
Small Industries Development Bank of India 0.55% CRISIL A1+
Housing Development Finance Corporation Limited 0.47% ICRA A1+
IGH Holdings Private Limited 0.43% CRISIL A1+
HDFC Bank Limited 0.43% IND A1+
Barclays Invest & Loans India Limited 0.43% ICRA A1+
Housing Development Finance Corporation Limited 0.42% ICRA A1+
National Bank For Agriculture and Rural Development 0.42% ICRA A1+
Small Industries Development Bank of India 0.34% CRISIL A1+
Small Industries Development Bank of India 0.21% CARE A1+
Fixed rates bonds - Corporate 36.58%  
State Bank of India  3.50% CRISIL AAA
National Bank For Agriculture and Rural Development 2.61% ICRA AAA
National Housing Bank 2.22% ICRA AAA
Bajaj Housing Finance Limited  2.00% CRISIL AAA
Shriram Finance Ltd  1.79% IND AA+
HDB Financial Services Limited  1.76% CRISIL AAA
Small Industries Development Bank of India  1.55% CRISIL AAA
Embassy Office Parks REIT  1.54% CRISIL AAA
National Housing Bank  1.33% ICRA AAA
ICICI Home Finance Company Limited  1.33% ICRA AAA
Embassy Office Parks REIT  1.31% CRISIL AAA
National Bank For Agriculture and Rural Development 1.24% CRISIL AAA
Tata Motors Finance Limited  1.11% CRISIL AA
State Bank of India - Tier II - Basel III 1.02% ICRA AAA
Tata Capital Financial Services Limited 0.89% ICRA AAA
Muthoot Finance Limited  0.89% ICRA AA+
National Bank For Agriculture and Rural Development 0.89% ICRA AAA
Housing Development Finance Corporation Limited  0.89% ICRA AAA
Shriram Finance Ltd  0.79% IND AA+
Housing Development Finance Corporation Limited  0.77% ICRA AAA
Sundew Properties Limited  0.68% CRISIL AAA
National Bank For Agriculture and Rural Development  0.66% CRISIL AAA
National Bank For Agriculture and Rural Development 0.65% ICRA AAA
Power Finance Corporation Limited  0.53% ICRA AAA
Cholamandalam Investment and Finance Company Limited  0.52% ICRA AA+
Adani Transmission Limited  0.44% IND AA+
Small Industries Development Bank of India  0.44% ICRA AAA
TMF Holdings Limited  0.44% CRISIL AA
Jamnagar Utilities & Power Private Limited  0.35% CRISIL AAA
National Bank For Agriculture and Rural Development  0.31% ICRA AAA
HDB Financial Services Limited  0.27% CRISIL AAA
HDFC Credila Financial Services Pvt Limited  0.27% ICRA AAA
Summit Digitel Infrastructure Private Limited  0.22% CRISIL AAA
Sk Finance Ltd  0.22% CRISIL A+
Tata Motors Finance Limited  0.22% CRISIL AA
DLF Cyber City Developers Limited  0.21% CRISIL AA
National Bank For Agriculture and Rural Development  0.18% CRISIL AAA
Arka Fincap Limited  0.13% CRISIL AA-
TATA Realty & Infrastructure Limited  0.12% ICRA AA+
Mahindra & Mahindra Financial Services Limited  0.09% IND AAA
Small Industries Development Bank of India  0.07% CARE AAA
Pipeline Infrastructure Limited  0.04% CRISIL AAA
Nuvoco Vistas Corp Limited  0.04% CRISIL AA
Housing Development Finance Corporation Limited  0.04% ICRA AAA
TREASURY BILLS 9.86%  
Government of India 2.21% SOV
Government of India 2.18% SOV
Government of India 1.72% SOV
Government of India 1.11% SOV
Government of India 0.89% SOV
Government of India 0.88% SOV
Government of India 0.88% SOV
Floating rates notes - Corporate 8.89%  
JM Financial Credit Solutions Ltd  2.13% ICRA AA
Bharti Telecom Limited  1.33% CRISIL AA+
Mahindra Rural Housing Finance Limited  1.11% IND AA+
Vedanta Limited  1.10% CRISIL AA
Bharti Telecom Limited  0.71% CRISIL AA+
Sun Petrochemicals Pvt Ltd  0.44% CRISIL AA
Cholamandalam Investment and Finance Company Limited  0.22% ICRA AA+
DME Development Limited  0.19% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CARE AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
DME Development Limited  0.18% CRISIL AAA
Government Bond 2.64%  
4.70% INDIA GOVT BOND 22SEP2033 FRB 2.35% SOV
6.90% INDIA SPECIAL GOI BOND 04FEB2026 0.22% SOV
8.24% GOI (MD 15/02/2027) 0.05% SOV
07.32% GS 28JAN2024 0.02% SOV
Cash Management Bills 1.20%  
Government of India 0.22% SOV
Government of India 0.22% SOV
Government of India 0.21% SOV
Government of India 0.20% SOV
Government of India 0.14% SOV
Government of India 0.13% SOV
Government of India 0.09% SOV
Government of India 0.00% SOV
State Government bond 0.27%  
ANDHRA PRADESH 9.77% 28AUG2023 SDL 0.27% SOV
Interest Rate Swaps 0.04%  
BNP Paribas - Indian branches 0.01%  
BNP Paribas - Indian branches 0.00%  
Standard Chartered Bank 0.00%  
BNP Paribas - Indian branches 0.00%  
ICICI Securities Primary Dealership Limited 0.00%  
IDFC First Bank Limited 0.00%  
Standard Chartered Bank 0.00%  
Standard Chartered Bank 0.00%  
Standard Chartered Bank 0.00%  
Standard Chartered Bank 0.00%  
BNP Paribas - Indian branches 0.00%  
BNP Paribas - Indian branches 0.00%  
ICICI Securities Primary Dealership Limited 0.00%  
Standard Chartered Bank 0.00%  
IDFC First Bank Limited -0.00%  
BNP Paribas - Indian branches -0.00%  
BNP Paribas - Indian branches -0.00%  
Cash & Current Assets 0.37%  
Total Net Assets 100.00%  
Rating Profile of Portfolio
  • Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes Co-Managed by Fund Managers is 2. Total Schemes managed by Mr. Kaustubh Gupta is 10. Total Schemes managed by Mr. Mohit Sharma is 20. Total Schemes managed by Mr. Dhaval Joshi is 47. Click here to know more on performance of schemes managed by Fund Managers.

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.


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