January 30, 2024
mayank
Aditya Birla (ABSL) Short Term Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 45.4953
Quarterly NAV IDCW: Rs 11.1154
NAV IDCW: Rs 11.8346
Suitable For Which Investors?
“Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.
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) Mohit Sharma
Education: Mr. Sharma is B Tech (IIT – Madras) and PGDCM (IIM Calcutta).
Experience: Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 – May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 – June 2011) and ICICI Bank Ltd (June 2006 – April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 – June 2006).
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.61% |
| Benchmark | NIFTY SD Debt Index B-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 6,778 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.38% |
| (As on 31-Dec-2023) | |
| Risk Grade | Below Average |
| Return Grade | Above Average |
Trailing Returns (%) of Aditya Birla Short Term Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Short Term Dir | 0.57 | 0.08 | 0.60 | 2.24 | 3.57 | 7.79 | 5.91 | 7.64 | 7.29 | 8.40 |
| CCIL T Bill Liquidity Weight | 0.33 | 0.05 | 0.41 | 1.23 | 2.22 | 4.50 | 3.10 | 3.28 | 3.52 | 4.02 |
| Debt: Short Duration | 0.60 | 0.09 | 0.60 | 2.18 | 3.49 | 7.38 | 5.81 | 6.73 | 6.66 | 7.70 |
| Rank within category | 19 | 21 | 12 | 6 | 6 | 3 | 5 | 2 | 2 | 2 |
| Number of funds in category | 25 | 25 | 25 | 25 | 25 | 24 | 21 | 20 | 18 | 18 |
Peer Comparison of Aditya Birla (ABSL) Short Term 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 Short Term Dir | 4 star | 7.79 | 5.91 | 7.64 | 0.38 | 6,778 | 8.61 | — | 11Y |
| ICICI Pru ST Dir | 4 star | 8.21 | 6.23 | 7.97 | 0.45 | 18,636 | 8.52 | — | 11Y |
| HDFC Short Term Debt Dir | 4 star | 7.74 | 5.52 | 7.41 | 0.37 | 14,203 | 8.01 | — | 11Y |
| Axis Short Term Dir | 4 star | 7.52 | 5.56 | 7.42 | 0.34 | 7,589 | 8.12 | — | 11Y |
| Nippon Ind ST Dir | 4 star | 7.67 | 5.83 | 7.42 | 0.37 | 6,034 | 8.07 | — | 11Y |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 98 | 43 |
| Macaulay Duration (yrs) | 2.89 | 2.63 |
| Average Maturity (yrs) | 3.72 | 3.39 |
| Yield to Maturity (%) | 7.81 | 7.64 |
| Avg Credit Rating | AAA | — |
How to Invest in Aditya Birla Short Term Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Short Term Fund
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks