January 10, 2024
mayank
Aditya Birla (ABSL) CRISIL Liquid Overnight ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV IDCW Daily: Rs 1,000.0000
Suitable For Which Investors?
“Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don’t need for a few days up to a year.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and 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 Overnight Fund AI Index before expenses, subject to tracking errors.
Fund Manager:
1) Sanjay Pawar
2) Sunaina da Cunha
Education: Ms. Cunha is a B.Com (H) and MBA from FMS, Delhi.
Experience: Prior to joining Aditya Birla Sun Life Asset Management Company, she has worked with Aditya Birla Management Corporation Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 13-Mar-23 |
| Return Since Launch | 5.12% |
| Benchmark | CRISIL Liquid Overnight Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 78 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.59% |
| (As on 30-Nov-2023) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Aditya Birla CRISIL Liquid Overnight ETF
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL CRISIL Overnight Liquid Overnight ETF | 0.16 | 0.02 | 0.56 | 1.58 | 3.13 | — | — | — | — | — |
| CCIL T Bill Liquidity Weight | 0.17 | 0.09 | 0.45 | 1.27 | 2.27 | — | — | — | — | — |
| Debt: Overnight | 0.16 | 0.02 | 0.57 | 1.68 | 3.33 | — | — | — | — | — |
| Rank within category | 10 | 12 | 25 | 35 | 34 | — | — | — | — | — |
| Number of funds in category | 36 | 36 | 36 | 35 | 34 | 32 | 27 | 7 | 2 | 2 |
Peer Comparison of Aditya Birla (ABSL) CRISIL Liquid Overnight ETF
| 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 Overnight Liquid Overnight ETF | Unrated | — | — | — | 0.59 | 78 | 5.12 | — | 9M |
| Axis Overnight Reg | 5 star | 6.68 | 4.85 | — | 0.11 | 8,564 | 4.63 | — | 4Y 9M |
| Nippon Ind Overnight Reg | 4 star | 6.64 | 4.80 | 4.66 | 0.17 | 6,669 | 4.68 | — | 5Y |
| UTI Overnight Reg | 4 star | 6.66 | 4.83 | 4.67 | 0.10 | 6,058 | 5.95 | — | 20Y 1M |
| DSP Overnight Reg | 4 star | 6.65 | 4.81 | 4.70 | 0.14 | 2,796 | 4.70 | — | 5Y |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | — | 3 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | Cash | — |
How to Invest in Aditya Birla (ABSL) CRISIL Liquid Overnight ETF?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) CRISIL Liquid Overnight ETF
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