December 27, 2022
mayank
Guidance for NFO of Aditya Birla Sun Life (ABSL) Fixed Term Plan – Series UD (79 Days)
by Paresh Gordhandas, C.A., Research Analyst.
Updated Soon
NFO of Aditya Birla Sun Life (ABSL) Fixed Term Plan – Series UD (79 Days)
NFO opens on January 03 ,2023
NFO will close on January 03 ,2023
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Issue Open | 03 January 2023 |
| Issue Close | 03 January 2023 |
| Type | Closed-end |
| Category | Debt: Fixed Maturity |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Tenure (Days) | 79 |
| Riskometer | Low to Moderate |
| Benchmark | CRISIL Liquid Fund Index |
About Benchmark Index
CRISIL Liquid Fund Index seeks to track the performance of a debt portfolio that includes CBLO, Commercial Papers and Certificates of Deposit.
Features
● Total Return Index seeking to capture coupon and price returns of the underlying portfolio
● Base date for the Index : March 31, 2002
● Index portfolio marked-to-market on a daily basis using CRISIL Gilt and Bond valuations
● Index is fully invested at all points of time with no cash component
● Derived index from the following sub-indices
− CRISIL CBLO Index
− CRISIL 2 Month CP Index
− CRISIL 3 Month CP Index
− CRISIL 2 Month CD Index
− CRISIL 3 Month CD Index
Key Characteristics
● Rich history: CRISIL Liquid Fund Index has an inception date of March 31, 2002. Thus the index has been in existence over a decade, seen multiple interest rate cycles, and has stood the test of time
● Liquidity: The index seeks to capture the movement in a portfolio consisting of most liquid government and corporate securities by using appropriate market representation
● Replicability: The index constituents are valued on a daily basis. This lends the index a realistic approach by having the valuations close to the market levels Methodology
● Weights to each of the sub-indices rebalanced annually based on market polls Index valued on a daily basis using CRISIL Valuation services
Liquid Fud Index Details – Mar 01, 2018
| Parameters | Values |
| Average Maturity (years) | 0.1629 |
| Modified Duration (years) | 0.1513 |
CRISIL Liquid Fund Index: Asset Allocation – Mar 01, 2018 Table
Fund Manager
1) 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).
Past Performance of his Schemes
| Fund | Aditya Birla Sun Life Low Duration Fund | It’s Benchmark | Aditya Birla Sun Life Money Manager Fund | It’s Benchmark |
| 1 Year | 4.23 | 2.50 | 4.80 | 2.50 |
| 3 Year | 5.14 | 2.55 | 5.09 | 2.55 |
| 5 Year | 6.14 | 3.23 | 6.24 | 3.23 |
| 7 Year | 6.51 | 3.54 | 6.52 | 3.54 |
| 10 Year | 7.14 | 4.14 | 7.25 | 4.14 |
AMC:
Aditya Birla Sun Life AMC Ltd.
Address: One India Bulls Center – Tower 1, 17th Floor – Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai – 400013
Website: http://mutualfund.adityabirlacapital.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.camsonline.com
*Post your MF questions @ sahifund.com/ask-me/
IPO Details & Guidance @ chanakyanipothi.com