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Top 4 Best Debt Funds by Aditya Birla Sun Life Mutual Fund 2023

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4 Best Debt Funds by Aditya Birla Sun Life Mutual Fund 2023

Updated on September 24, 2023 , 18968 views

Investors who want to preserve their money, Debt Funds by Birla Sun Life Mutual Fund is the best for you. These funds also provide high liquidity along with tax-efficient returns. Debt funds invest in a mix of debt investments such as government securities (G-Secs), treasury bills, money market instruments, etc. These funds invest in debt securities of different maturities with each security having a fixed maturity date and interest rate. Thus, debt funds a lower risk investment compared to Equity Funds.

Birla Sun Life Mutual Fund generally invests in instruments like Bonds of reputed Indian companies and securities issued by the Government of India, which is considered relatively safe.

Thus investors who want to earn a regular Income can ideally invest in these listed top 4 Best Debt Funds by Birla Sun Life Mutual Fund. These funds have been shortlisted by undertaking certain parameters like AUM, NAV, past returns, the credit quality of the Portfolio, average maturity, etc.

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Why Invest in ABSL Debt Funds?

  • Investors who are planning to achieve short-term Financial goals, then debt funds can be a good option. Recommended Debt fund instruments for this plan are short-term, ultra-short term debt funds or Liquid Funds. In a short term investment, you need to ensure safety and liquidity which are well offered by debt funds.

  • Since, debt funds largely invest in government securities, corporate debt and other securities like treasury bills, etc., they are not affected by equity Market Volatility.

  • Investors can earn better returns than Bank Savings Account in Liquid Funds. These funds are highly recommendable if you want to earn decent returns in a short term.

  • Debt funds are considered to be an ideal investment for generating regular income. For example, choosing dividend payout can be an option for regular income.

Best Aditya Birla Sun Life Debt Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2022 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Money Manager Fund Growth ₹322.19
↑ 0.07
₹15,6371.73.87.154.87.32%5M 23D5M 23D
Aditya Birla Sun Life Corporate Bond Fund Growth ₹97.1847
↑ 0.01
₹17,9611.53.96.85.44.17.62%2Y 2M 5D2Y 9M 22D
Aditya Birla Sun Life Savings Fund Growth ₹477.445
↑ 0.09
₹14,7831.73.76.85.14.87.39%5M 1D5M 8D
Aditya Birla Sun Life Floating Rate Fund - Long Term Growth ₹301.96
↑ 0.05
₹12,6901.847.15.34.87.46%11M 12D1Y 1M 2D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23

1. Aditya Birla Sun Life Money Manager Fund

(Erstwhile Aditya Birla Sun Life Floating Rate Fund - Short Term)

The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments.

Aditya Birla Sun Life Money Manager Fund is a Debt - Money Market fund was launched on 13 Oct 05. It is a fund with Low risk and has given a CAGR/Annualized return of 6.8% since its launch.  Ranked 7 in Money Market category.  Return for 2022 was 4.8% , 2021 was 3.8% and 2020 was 6.6% .

Below is the key information for Aditya Birla Sun Life Money Manager Fund

Aditya Birla Sun Life Money Manager Fund
Growth
Launch Date 13 Oct 05
NAV (22 Aug 23) ₹322.19 ↑ 0.07   (0.02 %)
Net Assets (Cr) ₹15,637 on 31 Jul 23
Category Debt - Money Market
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Low
Expense Ratio 0.33
Sharpe Ratio 1.79
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.32%
Effective Maturity 5 Months 23 Days
Modified Duration 5 Months 23 Days
Sub Cat. Money Market

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹10,877
31 Aug 20₹11,677
31 Aug 21₹12,156
31 Aug 22₹12,638
31 Aug 23₹13,539

Aditya Birla Sun Life Money Manager Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Aditya Birla Sun Life Money Manager Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 3.8%
1 Year 7.1%
3 Year 5%
5 Year 6.3%
10 Year
15 Year
Since launch 6.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.8%
2021 3.8%
2020 6.6%
2019 8%
2018 7.9%
2017 6.8%
2016 7.7%
2015 8.4%
2014 9.2%
2013 9.4%
Fund Manager information for Aditya Birla Sun Life Money Manager Fund
NameSinceTenure
Kaustubh Gupta15 Jul 1112.14 Yr.
Anuj Jain22 Mar 212.45 Yr.
Mohit Sharma1 Apr 176.42 Yr.
Dhaval Joshi21 Nov 220.78 Yr.

Data below for Aditya Birla Sun Life Money Manager Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash89.14%
Debt10.86%
Debt Sector Allocation
SectorValue
Cash Equivalent38.43%
Government32.74%
Corporate28.83%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 DTB 21122023
Sovereign Bonds | -
2%₹284 Cr29,000,000
182 DTB 26102023
Sovereign Bonds | -
2%₹277 Cr28,000,000
7.68% Govt Stock 2023
Sovereign Bonds | -
2%₹250 Cr25,000,000
364 DTB 07122023
Sovereign Bonds | -
2%₹246 Cr25,000,000
364 DTB 08022024
Sovereign Bonds | -
1%₹233 Cr24,000,000
182 DTB 11012024
Sovereign Bonds | -
1%₹195 Cr20,000,000
364 DTB 07032024
Sovereign Bonds | -
1%₹193 Cr20,000,000
India (Republic of)
- | -
1%₹152 Cr15,500,000
182 DTB 14122023
Sovereign Bonds | -
1%₹123 Cr12,500,000
7.32% Govt Stock 2024
Sovereign Bonds | -
0%₹75 Cr7,500,000

2. Aditya Birla Sun Life Corporate Bond Fund

(Erstwhile Aditya Birla Sun Life Short Term Fund)

An Open-ended income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.

Aditya Birla Sun Life Corporate Bond Fund is a Debt - Corporate Bond fund was launched on 3 Mar 97. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 9% since its launch.  Ranked 1 in Corporate Bond category.  Return for 2022 was 4.1% , 2021 was 4% and 2020 was 11.9% .

Below is the key information for Aditya Birla Sun Life Corporate Bond Fund

Aditya Birla Sun Life Corporate Bond Fund
Growth
Launch Date 3 Mar 97
NAV (22 Aug 23) ₹97.1847 ↑ 0.01   (0.01 %)
Net Assets (Cr) ₹17,961 on 31 Jul 23
Category Debt - Corporate Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.47
Sharpe Ratio 0.69
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.62%
Effective Maturity 2 Years 9 Months 22 Days
Modified Duration 2 Years 2 Months 5 Days
Sub Cat. Corporate Bond

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹11,052
31 Aug 20₹12,260
31 Aug 21₹13,050
31 Aug 22₹13,470
31 Aug 23₹14,398

Aditya Birla Sun Life Corporate Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Aditya Birla Sun Life Corporate Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 0.4%
3 Month 1.5%
6 Month 3.9%
1 Year 6.8%
3 Year 5.4%
5 Year 7.5%
10 Year
15 Year
Since launch 9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.1%
2021 4%
2020 11.9%
2019 9.6%
2018 7%
2017 6.5%
2016 10.2%
2015 8.9%
2014 10.9%
2013 8.4%
Fund Manager information for Aditya Birla Sun Life Corporate Bond Fund
NameSinceTenure
Kaustubh Gupta12 Apr 212.39 Yr.
Dhaval Joshi21 Nov 220.78 Yr.

Data below for Aditya Birla Sun Life Corporate Bond Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash4.97%
Debt95.03%
Debt Sector Allocation
SectorValue
Corporate55.28%
Government38.44%
Cash Equivalent4.97%
Securitized1.31%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2033
Sovereign Bonds | -
6%₹1,032 Cr102,589,300
↑ 12,500,000
8.51% Govt Stock 2033
Sovereign Bonds | -
5%₹830 Cr81,808,500
↑ 9,000,000
7.06% Govt Stock 2028
Sovereign Bonds | -
4%₹717 Cr72,000,000
↑ 32,000,000
7.38% Govt Stock 2027
Sovereign Bonds | -
3%₹629 Cr62,500,000
↑ 1,000,000
Mahindra & Mahindra Financial Services Ltd
Debentures | -
3%₹602 Cr60,000
7.93% Govt Stock 2034
Sovereign Bonds | -
3%₹579 Cr58,137,700
↓ -2,500,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹528 Cr5,300
Rural Electrification Corporation Limited
Debentures | -
2%₹423 Cr42,500
07.18 Goi 2037
Sovereign Bonds | -
2%₹380 Cr38,192,600
↑ 4,000,000
Small Industries Development Bank Of India
Debentures | -
2%₹360 Cr36,050

3. Aditya Birla Sun Life Savings Fund

The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.

Aditya Birla Sun Life Savings Fund is a Debt - Ultrashort Bond fund was launched on 16 Apr 03. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.4% since its launch.  Ranked 6 in Ultrashort Bond category.  Return for 2022 was 4.8% , 2021 was 3.9% and 2020 was 7% .

Below is the key information for Aditya Birla Sun Life Savings Fund

Aditya Birla Sun Life Savings Fund
Growth
Launch Date 16 Apr 03
NAV (22 Aug 23) ₹477.445 ↑ 0.09   (0.02 %)
Net Assets (Cr) ₹14,783 on 31 Jul 23
Category Debt - Ultrashort Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.52
Sharpe Ratio 1.11
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.39%
Effective Maturity 5 Months 8 Days
Modified Duration 5 Months 1 Day
Sub Cat. Ultrashort Bond

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹10,897
31 Aug 20₹11,732
31 Aug 21₹12,264
31 Aug 22₹12,745
31 Aug 23₹13,620

Aditya Birla Sun Life Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Aditya Birla Sun Life Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 3.7%
1 Year 6.8%
3 Year 5.1%
5 Year 6.4%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.8%
2021 3.9%
2020 7%
2019 8.5%
2018 7.6%
2017 7.2%
2016 9.2%
2015 8.9%
2014 9.7%
2013 9.5%
Fund Manager information for Aditya Birla Sun Life Savings Fund
NameSinceTenure
Sunaina Cunha20 Jun 149.21 Yr.
Kaustubh Gupta15 Jul 1112.14 Yr.
Monika Gandhi22 Mar 212.45 Yr.
Dhaval Joshi21 Nov 220.78 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash54.34%
Debt45.66%
Debt Sector Allocation
SectorValue
Corporate46.88%
Cash Equivalent30.31%
Government22.81%
Credit Quality
RatingValue
AA20.68%
AAA79.32%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Limited
Debentures | -
4%₹597 Cr6,000
182 DTB 21122023
Sovereign Bonds | -
3%₹465 Cr47,500,000
Tata Realty And Infrastructure Limited
Debentures | -
2%₹360 Cr36,000
Hindalco Industries Limited
Debentures | -
2%₹350 Cr35,000
Bharti Telecom Limited
Debentures | -
2%₹325 Cr3,250
182 DTB 07122023
Sovereign Bonds | -
2%₹295 Cr30,000,000
Cholamandalam Investment And Fin. Co. Ltd
Debentures | -
2%₹250 Cr2,500
HDFC Bank Limited
Debentures | -
2%₹245 Cr2,450
India (Republic of)
- | -
1%₹173 Cr17,500,000
Reliance Industries Limited
Debentures | -
1%₹150 Cr1,500

4. Aditya Birla Sun Life Floating Rate Fund - Long Term

The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments.

Aditya Birla Sun Life Floating Rate Fund - Long Term is a Debt - Floating Rate fund was launched on 25 Mar 09. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8% since its launch.  Ranked 14 in Floating Rate category.  Return for 2022 was 4.8% , 2021 was 3.6% and 2020 was 8.6% .

Below is the key information for Aditya Birla Sun Life Floating Rate Fund - Long Term

Aditya Birla Sun Life Floating Rate Fund - Long Term
Growth
Launch Date 25 Mar 09
NAV (22 Aug 23) ₹301.96 ↑ 0.05   (0.02 %)
Net Assets (Cr) ₹12,690 on 31 Jul 23
Category Debt - Floating Rate
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.45
Sharpe Ratio 1.78
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.46%
Effective Maturity 1 Year 1 Month 2 Days
Modified Duration 11 Months 12 Days
Sub Cat. Floating Rate

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹10,909
31 Aug 20₹11,862
31 Aug 21₹12,471
31 Aug 22₹12,922
31 Aug 23₹13,853

Aditya Birla Sun Life Floating Rate Fund - Long Term SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Aditya Birla Sun Life Floating Rate Fund - Long Term

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 4%
1 Year 7.1%
3 Year 5.3%
5 Year 6.7%
10 Year
15 Year
Since launch 8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.8%
2021 3.6%
2020 8.6%
2019 8.6%
2018 7.5%
2017 6.9%
2016 9.5%
2015 8.9%
2014 9.6%
2013 9.6%
Fund Manager information for Aditya Birla Sun Life Floating Rate Fund - Long Term
NameSinceTenure
Kaustubh Gupta20 Jun 149.21 Yr.
Harshil Suvarnkar22 Mar 212.45 Yr.
Dhaval Joshi21 Nov 220.78 Yr.

Data below for Aditya Birla Sun Life Floating Rate Fund - Long Term as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash37.02%
Debt62.98%
Debt Sector Allocation
SectorValue
Corporate47.12%
Government40.25%
Cash Equivalent11.31%
Securitized1.31%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
8.51% Govt Stock 2033
Sovereign Bonds | -
9%₹1,147 Cr113,000,000
↑ 21,000,000
6.97% Govt Stock 2024
Sovereign Bonds | -
3%₹450 Cr45,000,000
Fullerton India Credit Company Ltd
Debentures | -
3%₹335 Cr3,350
↓ -30,150
National Bank For Agriculture And Rural Development
Debentures | -
2%₹305 Cr3,150
7.38% Govt Stock 2027
Sovereign Bonds | -
2%₹281 Cr27,889,900
↑ 7,500,000
Aditya Birla Housing Finance Limited
Debentures | -
2%₹252 Cr2,500
Power Finance Corporation Ltd.
Debentures | -
1%₹193 Cr1,950
7.93% Govt Stock 2034
Sovereign Bonds | -
1%₹189 Cr19,000,000
↑ 5,500,000
5.63% Govt Stock 2026
Sovereign Bonds | -
1%₹174 Cr18,000,000
↑ 11,000,000
Power Finance Corporation Ltd.
Debentures | -
1%₹169 Cr1,700

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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