Aditya Birla Sun Life Low Duration Fund - Growth Plan

Aditya Birla Sun Life Low Duration Fund - Growth Plan is a scheme launched by Aditya Birla Sun Life Mutual Fund on May 14, 1998, and falls under the Low Duration fund category. It currently manages an AUM of Rs 14,189.05 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 1.19% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Aditya Birla Sun Life Low Duration Fund - Growth Plan trailing returns over different times are 7.31% (1 year), 6.84% (3 year) and 5.7% (5 year). The average annual return of this fund stands at 5.08%.