January 22, 2024
mayank
Aditya Birla (ABSL) Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 384.0781
Weekly NAV IDCW: Rs 100.2444
NAV IDCW: Rs 208.5240
Suitable For Which Investors?
“Liquid funds invest in bonds having maturity of up to three months. 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 a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
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 provide high liquidity and safety with reasonable returns through investments in debt and money market instruments.
Fund Manager:
1) Kaustubh Gupta
Education: Mr. Gupta is a B.Com and a Chartered Accountant.
Experience: Prior to joining Aditya Birla Sun Life AMC he has worked with ICICI Bank.
2) Sanjay Pawar
3) 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) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Exit Load | Exit load of 0.0070% if redeemed within 1 day |
| 0.0065% if redeemed within 2 days | |
| 0.0060% if redeemed within 3 days | |
| 0.0055% if redeemed within 4 days | |
| 0.0050% if redeemed within 5 days | |
| 0.0045% if redeemed within 6 days. |
Basic Details of Aditya Birla (ABSL) Liquid Fund
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.88% |
| Benchmark | CRISIL Liquid Debt B-I |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 34,052 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.21% |
| (As on 31-Dec-2023) | |
| Risk Grade | — |
| Return Grade | High |
Trailing Returns (%) of Aditya Birla (ABSL) Liquid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Liquid Dir | 0.39 | 0.02 | 0.65 | 1.82 | 3.56 | 7.25 | 5.25 | 5.33 | 5.84 | 6.62 |
| CCIL T Bill Liquidity Weight | 0.27 | 0.05 | 0.43 | 1.23 | 2.25 | 4.61 | 3.09 | 3.29 | 3.53 | 4.03 |
| Debt: Liquid | 0.38 | 0.02 | 0.64 | 1.79 | 3.53 | 7.10 | 5.16 | 5.20 | 5.73 | 6.51 |
| Rank within category | 4 | 20 | 3 | 5 | 9 | 1 | 4 | 4 | 5 | 3 |
| Number of funds in category | 36 | 36 | 36 | 36 | 36 | 35 | 34 | 33 | 30 | 29 |
Peer Comparison of Aditya Birla (ABSL) Liquid 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 Liquid Dir | 5 star | 7.25 | 5.25 | 5.33 | 0.21 | 34,052 | 6.88 | 0.01 (1) | 11Y |
| Axis Liquid Dir | 4 star | 7.19 | 5.22 | 5.28 | 0.17 | 21,837 | 6.83 | 0.01 (1) | 11Y |
| UTI Liquid Dir | 4 star | 7.18 | 5.22 | 5.27 | 0.18 | 20,516 | 6.80 | 0.01 (1) | 11Y |
| Mirae Asset Liquid Dir | 4 star | 7.18 | 5.23 | 5.27 | 0.12 | 8,304 | 6.66 | 0.01 (1) | 11Y |
| Baroda BNP Paribas Liquid Dir | 5 star | 7.18 | 5.25 | 5.29 | 0.19 | 6,668 | 6.86 | 0.01 (1) | 11Y |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 145 | 55 |
| Macaulay Duration (yrs) | 0.16 | 0.13 |
| Average Maturity (yrs) | 0.16 | 0.12 |
| Yield to Maturity (%) | 7.55 | 7.32 |
| Avg Credit Rating | AAA | — |
How to Invest in Aditya Birla (ABSL) Liquid Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Liquid Fund
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
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