Aditya Birla Sun Life Savings Fund

An open ended ultra-short term debt scheme investing in instruments such that Macaulay duration of the portfolio is between 3 months and 6 months. A moderate interest rate risk and moderate credit risk.

Fund Category Ultra Short Duration Fund

Investment Objective The primary objective is to generate regular income through investments in debt and money market instruments. Income may be generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The scheme will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.

Fund Details
Fund Manager: Mr. Kaustubh Gupta,
Ms. Sunaina Da Cunha , Ms. Monika Gandhi &
Mr. Dhaval Joshi
Managing Fund Since: July 15, 2011,
June 20, 2014 ,
March 22, 2021 & November 21, 2022
Experience in Managing the Fund: 11.9 years, 9.0 years, 2.2 years & 0.5 Years
Date of Allotment: April 15, 2003
Type of Scheme: An open ended ultra-short term debt scheme investing in instruments such that Macaulay duration of the portfolio is between 3 months and 6 months. A moderate interest rate risk and moderate 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 () $Income Distribution cum capital withdrawal
Regular Plan@
Growth: 472.6217
Daily IDCW$: 100.0582
Weekly IDCW$: 100.4354
Retail Plan
Growth: 457.3462
Daily IDCW$: 100.0582
Weekly IDCW$: 100.4359
Direct Plan
Growth: 479.0751
Daily IDCW$: 100.0582
Weekly IDCW$: 100.4517
Note:@ Retail Plan has been discontinued and does not accept fresh subscriptions/Switch in.
Benchmark: NIFTY Ultra Short Duration Debt Index B-I
Monthly Average AUM: 15315.03 Crores
AUM as on last day: 14497.17 Crores
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load: Nil
Exit Load: Nil
Other Parameters
Modified Duration: 0.55 years
Average Maturity: 0.59 years
Yield to Maturity: 7.63%
Macaulay Duration: 0.58 years
Total Expense Ratio (TER)
Including additional expenses and goods and service tax on management fees.
Regular 0.54%
Direct 0.34%

Data as on 30th June 2023 unless otherwise specified

Portfolio Holdings
Issuer
% to net Assets
Rating
Money Market Instruments 47.19%  
Small Industries Development Bank of India 3.35% CARE A1+
Small Industries Development Bank of India 3.00% CARE A1+
Union Bank of India 2.24% ICRA A1+
Housing Development Finance Corporation Limited 1.83% ICRA A1+
Axis Bank Limited 1.70% ICRA A1+
Tata Teleservices Limited 1.64% CRISIL A1+
Axis Bank Limited 1.51% ICRA A1+
Indian Bank 1.48% CRISIL A1+
Motilal Oswal Financial Services Limited 1.37% ICRA A1+
Small Industries Development Bank of India 1.36% CRISIL A1+
Tata Projects Limited 1.35% CRISIL A1+
Bank of Baroda 1.34% IND A1+
Indian Bank 1.31% CRISIL A1+
Punjab National Bank 1.31% ICRA A1+
The Federal Bank Limited 1.31% CRISIL A1+
Indian Bank 1.16% CRISIL A1+
Axis Bank Limited 1.01% ICRA A1+
Tata Teleservices Limited 1.01% CRISIL A1+
Tata Projects Limited 1.00% CRISIL A1+
Axis Bank Limited 0.99% IND A1+
Godrej Consumer Products Limited 0.98% ICRA A1+
Housing Development Finance Corporation Limited 0.97% ICRA A1+
Small Industries Development Bank of India 0.83% CRISIL A1+
Piramal Capital & Housing Finance Limited 0.69% CARE A1+
Canara Bank 0.68% CRISIL A1+
Barclays Invest & Loans India Limited 0.68% ICRA A1+
Cholamandalam Investment and Finance Company Limited 0.68% ICRA A1+
IndusInd Bank Limited 0.68% CRISIL A1+
Bank of Baroda 0.67% IND A1+
ICICI Bank Limited 0.67% ICRA A1+
Axis Bank Limited 0.66% ICRA A1+
HDFC Bank Limited 0.66% CARE A1+
Indian Bank 0.66% CRISIL A1+
JM Financial Products  Limited 0.65% ICRA A1+
Bahadur Chand Investments Pvt Limited 0.64% ICRA A1+
Godrej Industries Limited 0.51% ICRA A1+
Small Industries Development Bank of India 0.51% CARE A1+
The Federal Bank Limited 0.51% CRISIL A1+
JM Financial Services Ltd 0.51% ICRA A1+
The Federal Bank Limited 0.48% CRISIL A1+
Small Industries Development Bank of India 0.34% CRISIL A1+
State Bank of India 0.34% CARE A1+
Union Bank of India 0.34% ICRA A1+
Housing Development Finance Corporation Limited 0.33% ICRA A1+
Small Industries Development Bank of India 0.33% CRISIL A1+
Cholamandalam Investment and Finance Company Limited 0.33% ICRA A1+
Godrej Properties Limited 0.17% ICRA A1+
Creamline Dairy Products Ltd 0.17% CRISIL A1+
Kotak Mahindra Bank Limited 0.13% CRISIL A1+
Muthoot Finance Limited 0.06% ICRA A1+
Housing Development Finance Corporation Limited 0.03% ICRA A1+
Fixed rates bonds - Corporate 23.87%  
National Bank For Agriculture and Rural Development 2.91% CRISIL AAA
Hindalco Industries Limited  2.41% CARE AA+
Tata Power Company Limited  1.04% IND AA(CE)
Bharti Hexacom Limited  1.02% CRISIL AA+
Small Industries Development Bank of India  0.96% ICRA AAA
Muthoot Finance Limited  0.89% ICRA AA+
JM Financial Products  Limited  0.85% ICRA AA
Pipeline Infrastructure Limited  0.84% CRISIL AAA
Shriram Finance Ltd  0.70% IND AA+
Tata Motors Finance Solutions Limited  0.68% CRISIL AA
TATA Realty & Infrastructure Limited  0.62% ICRA AA+
Godrej Properties Limited  0.59% ICRA AA+
Small Industries Development Bank of India  0.55% CRISIL AAA
Shriram Finance Ltd  0.55% IND AA+
Power Finance Corporation Limited  0.51% ICRA AAA
Cholamandalam Investment and Finance Company Limited  0.44% ICRA AA+
Small Industries Development Bank of India  0.37% ICRA AAA
Bharti Telecom Limited  0.35% CRISIL AA+
Fullerton India Credit Company Limited  0.35% CRISIL AAA
Muthoot Finance Limited  0.34% ICRA AA+
Housing Development Finance Corporation Limited  0.34% ICRA AAA
Embassy Office Parks REIT  0.34% CRISIL AAA
Embassy Office Parks REIT  0.34% CRISIL AAA
Bharti Telecom Limited  0.34% CRISIL AA+
Housing Development Finance Corporation Limited  0.34% ICRA AAA
Hinduja Leyland Finance Limited  0.34% CRISIL AA
National Bank For Agriculture and Rural Development  0.34% ICRA AAA
JM Financial Credit Solutions Ltd  0.34% ICRA AA
National Bank For Agriculture and Rural Development  0.34% CRISIL AAA
Muthoot Finance Limited  0.34% ICRA AA+
REC Limited  0.33% ICRA AAA
National Bank For Agriculture and Rural Development  0.33% ICRA AAA
Bharti Hexacom Limited  0.31% CRISIL AA+
Torrent Power Limited  0.30% CRISIL AA+
REC Limited  0.30% ICRA AAA
LIC Housing Finance Limited  0.27% CRISIL AAA
Small Industries Development Bank of India  0.21% ICRA AAA
Bharti Telecom Limited  0.17% CRISIL AA+
Small Industries Development Bank of India  0.17% CRISIL AAA
Power Finance Corporation Limited  0.17% ICRA AAA
Cholamandalam Financial Holdings Limited  0.17% IND AA+
Tata Motors Finance Limited  0.17% CRISIL AA
Bajaj Finance Limited 0.17% CRISIL AAA
Adani Ports and Special Economic Zone Limited  0.14% IND AA+
Larsen & Toubro Limited  0.10% CRISIL AAA
Cholamandalam Investment and Finance Company Limited  0.07% ICRA AA+
Small Industries Development Bank of India  0.07% CARE AAA
Small Industries Development Bank of India 0.03% CRISIL AAA
Floating rates notes - Corporate 15.88%  
Housing Development Finance Corporation Limited  4.11% ICRA AAA
Bharti Telecom Limited  2.25% CRISIL AA+
Reliance Industries Limited  1.73% CRISIL AAA
Cholamandalam Investment and Finance Company Limited  1.72% ICRA AA+
Housing Development Finance Corporation Limited  1.68% ICRA AAA
Bharti Telecom Limited  1.04% CRISIL AA+
Cholamandalam Investment and Finance Company Limited  0.86% ICRA AA+
Cholamandalam Investment and Finance Company Limited  0.69% ICRA AA+
Shriram Finance Ltd  0.43% IND AA+
Shriram Finance Ltd  0.42% CRISIL AA+
Sun Petrochemicals Pvt Ltd  0.34% CRISIL AA
Tata Capital Financial Services Limited  0.34% ICRA AAA
Mahindra Rural Housing Finance Limited  0.17% IND AA+
Cholamandalam Investment and Finance Company Limited  0.10% ICRA AA+
TREASURY BILLS 14.65%  
Government of India 3.39% SOV
Government of India 3.17% SOV
Government of India 2.01% SOV
Government of India 1.18% SOV
Government of India 0.84% SOV
Government of India 0.74% SOV
Government of India 0.68% SOV
Government of India 0.67% SOV
Government of India 0.67% SOV
Government of India 0.67% SOV
Government of India 0.56% SOV
Government of India 0.07% SOV
State Government bond 2.05%  
5.47% RAJASTHAN 03JUN2024 SDL 0.71% SOV
6.83% RAJASTHAN SDL 25SEP23 0.69% SOV
6.56% RAJASTHAN 30OCT2023 SDL 0.54% SOV
TAMIL NADU 08.24% 09SEP25 SDL 0.04% SOV
MAHARASHTRA 08.23% 09SEP25 SDL 0.04% SOV
MAHARASHTRA 08.16% 23SEP25 SDL 0.04% SOV
Cash Management Bills 2.00%  
Government of India 0.35% SOV
Government of India 0.32% SOV
Government of India 0.29% SOV
Government of India 0.28% SOV
Government of India 0.23% SOV
Government of India 0.15% SOV
Government of India 0.12% SOV
Government of India 0.12% SOV
Government of India 0.07% SOV
Government of India 0.07% SOV
Government of India 0.00% SOV
Government Bond 0.73%  
07.32% GS 28JAN2024 0.35% SOV
8.83% GOI (MD 25/11/2023) 0.24% SOV
7.68% GOI (MD 15/12/2023) 0.14% SOV
Securitised Debt Amort 0.24%  
First Business Receivables Trust  0.24% CRISIL AAA(SO)
Interest Rate Swaps 0.01%  
BNP Paribas - Indian branches 0.00%  
Clearing Corporation of India Limited 0.00%  
Standard Chartered Bank 0.00%  
Standard Chartered Bank 0.00%  
Standard Chartered Bank 0.00%  
BNP Paribas - Indian branches 0.00%  
Clearing Corporation of India Limited 0.00%  
Clearing Corporation of India Limited 0.00%  
Clearing Corporation of India Limited 0.00%  
Clearing Corporation of India Limited 0.00%  
Clearing Corporation of India Limited 0.00%  
Clearing Corporation of India Limited 0.00%  
BNP Paribas - Indian branches 0.00%  
BNP Paribas - Indian branches 0.00%  
Standard Chartered Bank 0.00%  
Clearing Corporation of India Limited -0.00%  
Clearing Corporation of India Limited -0.00%  
ICICI Securities Primary Dealership Limited -0.00%  
BNP Paribas - Indian branches -0.00%  
BNP Paribas - Indian branches -0.00%  
IDFC First Bank Limited -0.00%  
Clearing Corporation of India Limited -0.00%  
Standard Chartered Bank -0.00%  
Standard Chartered Bank -0.00%  
ICICI Securities Primary Dealership Limited -0.00%  
Standard Chartered Bank -0.00%  
ICICI Bank Limited -0.00%  
Cash & Current Assets -6.62%  
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 1. Total Schemes managed by Mr. Kaustubh Gupta is 10. Total Schemes managed by Ms. Sunaina Da Cunha is 5. Total Schemes managed by Ms. Monika Gandhi is 1. 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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