Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan

(Erstwhile Aditya Birla Sun Life Short Term Fund - Growth - Regular Plan)
Category: Debt: Corporate Bond
Launch Date: 03-03-1997
Asset Class: Fixed Interest
Benchmark: NIFTY Corporate Bond Total Return Index
Expense Ratio: 0.39% As on (31-01-2020)
Status: Open Ended Schemes
Minimum Investment: 100.0
Minimum Topup: 100.0
Total Assets: 17,860.47 Cr As on (31-01-2020)
Turn over: - | Exit Load: Nil

77.9005

9.34%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE India Bond Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
5 Years 7 Months
15 Years 3 Months
17 Years 8 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims to generate current income and capital appreciation from a portfolio that invests 100% in debt and money market securities.

Current Asset Allocation (%)

Indicators

Volatility 1.31
Sharp Ratio 4.64
Alpha -0.72
Beta 1.18
Yield to Maturity 6.64
Average Maturity 2.21

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan 03-03-1997 10.3 8.92 8.03 8.51 8.72
L&T Triple Ace Bond Fund-Regular Plan-Growth 31-03-1997 15.98 10.61 8.51 7.48 7.65
UTI Corporate Bond Fund - Regular Plan - Growth Option 08-08-2018 12.77 - - - -
Sundaram Corporate Bond Fund Regular - Growth 30-12-2004 12.37 9.29 7.83 8.34 7.7
Invesco India Corporate Bond Fund - Growth 02-08-2007 11.5 8.69 6.66 6.88 7.79
DSP Corporate Bond Fund - Regular - Growth 05-09-2018 11.4 - - - -
HDFC Corporate Bond Fund - Growth Option 05-06-2010 11.24 9.17 8.1 8.64 -
Franklin India Corporate Debt Fund - Growth 23-06-1997 11.13 9.36 8.62 8.55 9.15
SBI Corporate Bond Fund - Regular Plan - Growth 01-01-2019 11.03 - - - -
PGIM India Premier Bond Fund - Premium Plus Plan - Growth 09-02-2009 10.61 8.15 7.29 8.0 6.04

Scheme Characteristics

Minimum investment in corporate bonds - 80% of total assets (only in highest rated instruments).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.06%

Scheme Documents

January 2020

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

Feedback