March 24, 2025
mayank
Aditya Birla (ABSL) CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.1951
NAV IDCW: Rs 10.1952
Suitable For Which Investors?
Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
The scheme seeks to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Financial Services 3 to 6 Months Debt Index before expenses, subject to tracking errors.
Fund Manager:
1) Harshil Suvarnkar
Education: Mr. Suvarnkar has doneB.Com, Masters in Management Studies (Finance) and Post Graduate Diploma in Securities Law.
Experience: Prior to Joining Aditya Birla Sun Life MF, he has worked with Indiabulls Housing Finance Limited,
2) Sanjay Pawar
Education: Mr. Pawar has done M.Com
Experience: He is associated with Aditya Birla Sun Life AMC Limited since 2005
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Aditya Birla (ABSL) CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 17-Dec-24 |
| Return Since Launch | 1.95% |
| Benchmark | CRISIL-IBX Financial Services 3 to 6 Months Debt |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 3,373 Cr |
| (As on 28-Feb-2025) | |
| Expense | 0.16% |
| (As on 28-Feb-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Aditya Birla CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL CRISIL-IBX Fin Srvices 3 to 6 Months Debt Index Dir | 1.64 | 0.05 | 0.57 | 1.88 | — | — | — | — | — | — |
| CCIL T Bill Liquidity Weight | 1.12 | 0.05 | 0.38 | 1.19 | — | — | — | — | — | — |
| Debt: Ultra Short Duration | 1.58 | 0.04 | 0.56 | 1.81 | — | — | — | — | — | — |
| Rank within category | 2 | 11 | 5 | 3 | — | — | — | — | — | — |
| Number of funds in category | 26 | 29 | 26 | 26 | 25 | 24 | 24 | 22 | 11 | 11 |
Peer Comparison of Aditya Birla CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| ABSL CRISIL-IBX Fin Srvices 3 to 6 Months Debt Index Dir | Unrated | — | — | — | 0.16 | 3,373 | 1.95 | — | 3M |
| ICICI Pru Ultra Short Term Dir | 5 star | 7.70 | 6.99 | 6.57 | 0.39 | 13,589 | 8.02 | — | 12Y 2M |
| Nippon India Ultra Short Duration Dir | 5 star | 7.90 | 7.19 | 7.31 | 0.38 | 7,545 | 7.20 | — | 12Y 2M |
| Axis Ultra Short Duration Dir | 4 star | 7.75 | 7.03 | 6.31 | 0.36 | 5,595 | 6.69 | — | 6Y 6M |
| Tata Ultra Short Term Dir | 4 star | 7.75 | 6.98 | 6.13 | 0.30 | 5,209 | 6.28 | — | 6Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 36 | 52 |
| Macaulay Duration (yrs) | 0.28 | 0.45 |
| Average Maturity (yrs) | 0.28 | 0.50 |
| Yield to Maturity (%) | 7.70 | 7.51 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund
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