Aditya Birla Sun Life Savings Fund - Growth - Regular Plan

Ultra Short Duration NAV 480.3046 0 22 September, 2023

Fund Details

Category Ultra Short Duration
Fund Type Open Ended
Investment Plan Growth
Launch Date 27 November, 2001
Benchmark CRISIL Short Term Bond Fund
Asset Size(Cr) 15041.135019999998
Turn over 24%
Min Investment ₹ 1000
Min SIP Investment ₹ 1000
Min Addl Investment ₹ 1000
Exit Load Nil
Expense Ratio 0.54
Fund Manager Sunaina da Cunha, Kaustubh Gupta, Monika Gandhi, Dhaval Joshi
Fund House Aditya Birla Sunlife Mutual Fund

Investment Returns (As on 22 Sep, 2023)

Duration Returns Benchmark Category
1 W 0.11% 0.13% 0.11%
1 M 0.61% 0.52% 0.58%
3 M 1.81% 1.56% 1.7%
6 M 3.52% 3.16% 3.31%
1 Y 5.76% 5.81% 5.42%
2 Y 4.91% 4.59% 4.56%
3 Y 5.45% 4.1% 4.62%
5 Y 6.37% 4.72% 5.33%

Risk Mesasures (As on 22 Sep, 2023)

Std Dev Sharpe Beta Alpha YTM AVG Maturity
Fund 0.76 1.8 3.02 1.15 7.82 0.52
Benchmark 0 0 0 0 0 0
Returns Compare with Others
  • 1Y
  • 3Y
  • 5Y

Portfolio (As on 30 Jun, 2023)

Assets Allocation

Sector Holdings
Others 0.2%

Return Calculator

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Disclaimer: Above returns are calculated on the basis of historical NAV movement for the selected period. However, historical performance does not guarantee future returns. Investors must take investment decisions based on his/her own requirements.

Peer Comparison

Fund Name 1 Yr Rtn. 3 Yr Rtn. 5 Yr Rtn.
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan 5.76% 5.45% 6.37%
Nippon India Ultra Short Duration Fund- Growth Option 5.56% 6.2% 5.1%
SBI Magnum Ultra Short Duration Fund - Regular Plan - Growth 5.58% 4.68% 5.91%
Kotak Savings Fund -Growth 5.56% 4.63% 5.75%

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Aditya Birla Sun Life Savings Fund - Consistent Returns to Expand Your Savings

Aditya Birla Sun Life Savings Fund is a low-risk mutual fund which aims to increase the savings amount by investing the pooled corpus into fixed income securities of short term maturity. It is categorised under ultra short term debt mutual funds and is a top performing fund in the category due to the consistency it has maintained over the years in providing better returns than the peers. Aditya Birla Sun Life Savings Fund is chosen by a large number of investors and is also one of the highly chosen schemes in the category of ultra short term mutual funds.

Aditya Birla Sun Life Savings Fund - Investment Details

To fulfil the investment objective of short term capital appreciation at very low risk, Aditya Birla Sun Life Mutual Fund launched Aditya Birla Sun Life Savings Fund in November 2001. Right from the inception, it has impressed the critics and investors by delivering better returns than the peers at a consistent rate. The fund managers Mr Kaustubh Gupta and Ms Sunaina Da Cunha select fixed income securities with high credit ratings and low rate sensitivity to maintain low volatility in the portfolio and negligible risk of default. ABSL Savings Fund is also used as a smart alternative to a regular bank savings account or fixed deposits due to high liquidity and various other benefits.

Aditya Birla Sun Life Savings Fund - Investment Strategy

The fund managers of Aditya Birla Sun Life Savings Fund seek for the securities which have maturity tenure of less than a year and are of good quality. The mostly chosen securities are of AAA, A1+, and AA credit ratings which are the highest ratings for any securities in India. Higher the ratings lower will be the fluctuations and volatility. The portfolio comprises of Debentures, Commercial Papers, Certificate of Deposits, and Bonds of short term maturity. The average maturity tenure of all the securities ranges between 0.8 to 0.4 years depending on the market conditions. Compared to the peers in the category, it has a higher allocation in the securities of AAA credit ratings.

Aditya Birla Sun Life Savings Fund - Performance Analysis

Right from the inception in 2007, Aditya Birla Sun Life Savings Fund has always beaten the benchmark as well as category average. It was also the best performer in the category for many calendar years. Under favourable market conditions, it has delivered more than 9.5% returns which is much higher for an ultra short term debt mutual fund. The returns of this scheme have always been ranked among the top 3 in the category since incorporation. Aditya Birla Sun Life Savings Fund has delivered nearly 8% annualised returns every year which might go down to 7.5% under worst conditions or can even go near 10% under the best conditions. Investors can save time and effort to calculate the expected returns by using the SIP return calculator.

Aditya Birla Sun Life Savings Fund - Alternative of Bank Account

Regular bank deposits are liquid but they generally provide annual gains of 4% which is far below the average inflation rate (6%) of the past decade. To beat the inflation rate and to maintain the buying power of the invested amount, it is essential to invest it in an avenue that generates higher returns. Aditya Birla Sun Life Savings Fund charges no exit load and investment, as well as redemption, are free of any extra charges. By using the fund for regular savings, investors can double the returns they earn on bank deposits and can invest or withdraw whenever required on a working day. The returns of the funds are even higher than the FDs, RDs and many other conventional methods of savings which have been used for decades. For a smart solution to modern financial expenses, it is essential to choose a better savings platform.

Aditya Birla Sun Life Savings Fund accepts investment through Systematic Investment Plan (SIP) and lump sum and the investors can make make a habit of regular savings through the SIP mode of investment. It is one of the most consistent mutual funds in the debt category and can either be chosen by investors with a low-risk appetite for short term capital appreciation or it can also act as a better alternative of bank deposits.

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