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4 Best Debt Funds by Aditya Birla Sun Life Mutual Fund 2024

Updated on July 23, 2024 , 19699 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

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2023 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Aditya Birla Sun Life Corporate Bond Fund Growth	₹104.348 ↑ 0.09	₹20,301	2.4	4.3	7.8	6	7.3	7.81%	3Y 11M 1D	5Y 9M 14D
Aditya Birla Sun Life Money Manager Fund Growth	₹344.967 ↑ 0.06	₹26,997	1.8	3.9	7.6	6.1	7.4	7.69%	7M 2D	7M 6D
Aditya Birla Sun Life Savings Fund Growth	₹510.449 ↑ 0.09	₹14,888	1.8	3.9	7.4	6	7.2	7.89%	5M 16D	6M 7D
Aditya Birla Sun Life Government Securities Fund Growth	₹76.0686 ↑ 0.08	₹1,673	3.5	5.1	8.5	5.8	7.1	7.14%	8Y 4M 20D	16Y 7M 20D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jul 24

1. 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 8.9% since its launch. Ranked 1 in Corporate Bond category. Return for 2023 was 7.3% , 2022 was 4.1% and 2021 was 4% .

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 (25 Jul 24)	₹104.348 ↑ 0.09 (0.09 %)
Net Assets (Cr)	₹20,301 on 30 Jun 24
Category	Debt - Corporate Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.47
Sharpe Ratio	0.61
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.81%
Effective Maturity	5 Years 9 Months 14 Days
Modified Duration	3 Years 11 Months 1 Day
Sub Cat.	Corporate Bond

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹11,211
30 Jun 21	₹11,904
30 Jun 22	₹12,249
30 Jun 23	₹13,142
30 Jun 24	₹14,141

Aditya Birla Sun Life Corporate Bond Fund SIP 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 25 Jul 24

Duration	Returns
1 Month	0.8%
3 Month	2.4%
6 Month	4.3%
1 Year	7.8%
3 Year	6%
5 Year	7.1%
10 Year
15 Year
Since launch	8.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.3%
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%

Fund Manager information for Aditya Birla Sun Life Corporate Bond Fund

Name	Since	Tenure
Kaustubh Gupta	12 Apr 21	3.22 Yr.
Dhaval Joshi	21 Nov 22	1.61 Yr.

Data below for Aditya Birla Sun Life Corporate Bond Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Debt	102.83%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	60.17%
Government	42.05%
Securitized	0.6%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2033 Sovereign Bonds \| -	11%	₹2,273 Cr	225,000,000
7.18% Govt Stock 2037 Sovereign Bonds \| -	6%	₹1,294 Cr	127,824,100 ↓ -2,500,000
Small Industries Development Bank Of India Debentures \| -	3%	₹694 Cr	69,550
7.26% Govt Stock 2033 Sovereign Bonds \| -	3%	₹680 Cr	67,089,300 ↓ -2,500,000
8% Govt Stock 2034 Sovereign Bonds \| -	3%	₹644 Cr	64,137,700
Small Industries Development Bank Of India Debentures \| -	3%	₹598 Cr	6,000
7.32% Govt Stock 2030 Sovereign Bonds \| -	3%	₹569 Cr	56,000,000
Bajaj Housing Finance Ltd. 7.8% Debentures \| -	3%	₹546 Cr	55,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹486 Cr	48,500
Bajaj Finance Limited Debentures \| -	2%	₹448 Cr	45,000

2. 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 2023 was 7.4% , 2022 was 4.8% and 2021 was 3.8% .

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 (25 Jul 24)	₹344.967 ↑ 0.06 (0.02 %)
Net Assets (Cr)	₹26,997 on 30 Jun 24
Category	Debt - Money Market
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Low
Expense Ratio	0.33
Sharpe Ratio	2.06
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.69%
Effective Maturity	7 Months 6 Days
Modified Duration	7 Months 2 Days
Sub Cat.	Money Market

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹10,815
30 Jun 21	₹11,283
30 Jun 22	₹11,704
30 Jun 23	₹12,510
30 Jun 24	₹13,455

Aditya Birla Sun Life Money Manager Fund SIP 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 25 Jul 24

Duration	Returns
1 Month	0.6%
3 Month	1.8%
6 Month	3.9%
1 Year	7.6%
3 Year	6.1%
5 Year	6.1%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.4%
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%

Fund Manager information for Aditya Birla Sun Life Money Manager Fund

Name	Since	Tenure
Kaustubh Gupta	15 Jul 11	12.97 Yr.
Anuj Jain	22 Mar 21	3.28 Yr.
Mohit Sharma	1 Apr 17	7.25 Yr.
Dhaval Joshi	21 Nov 22	1.61 Yr.

Data below for Aditya Birla Sun Life Money Manager Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	70.27%
Debt	29.5%
Other	0.23%

Debt Sector Allocation

Sector	Value
Corporate	53.39%
Cash Equivalent	35.29%
Government	11.09%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	2%	₹481 Cr	50,000,000
Axis Bank Ltd. Debentures \| -	2%	₹480 Cr	10,000
IDFC First Bank Ltd. Debentures \| -	2%	₹478 Cr	10,000
05.80 MH Sdl 2025 Sovereign Bonds \| -	2%	₹467 Cr	47,000,000
07.38% MP Sdl 2025 Sovereign Bonds \| -	2%	₹466 Cr	46,500,000
Tata Teleservices Ltd Debentures \| -	2%	₹454 Cr	9,500
Small Industries Development Bank of India Debentures \| -	1%	₹382 Cr	8,000
91 DTB 25072024 Sovereign Bonds \| -	1%	₹349 Cr	35,000,000
HDFC Bank Ltd. Debentures \| -	1%	₹335 Cr	7,000
Indusind Bank Ltd. Debentures \| -	1%	₹289 Cr	6,000

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 2023 was 7.2% , 2022 was 4.8% and 2021 was 3.9% .

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 (25 Jul 24)	₹510.449 ↑ 0.09 (0.02 %)
Net Assets (Cr)	₹14,888 on 30 Jun 24
Category	Debt - Ultrashort Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.52
Sharpe Ratio	1.68
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.89%
Effective Maturity	6 Months 7 Days
Modified Duration	5 Months 16 Days
Sub Cat.	Ultrashort Bond

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹10,829
30 Jun 21	₹11,353
30 Jun 22	₹11,789
30 Jun 23	₹12,562
30 Jun 24	₹13,498

Aditya Birla Sun Life Savings Fund SIP 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 25 Jul 24

Duration	Returns
1 Month	0.6%
3 Month	1.8%
6 Month	3.9%
1 Year	7.4%
3 Year	6%
5 Year	6.1%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.2%
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%

Fund Manager information for Aditya Birla Sun Life Savings Fund

Name	Since	Tenure
Sunaina Cunha	20 Jun 14	10.04 Yr.
Kaustubh Gupta	15 Jul 11	12.97 Yr.
Monika Gandhi	22 Mar 21	3.28 Yr.
Dhaval Joshi	21 Nov 22	1.61 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	45.45%
Debt	54.29%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	61.13%
Cash Equivalent	26.37%
Government	12.24%

Credit Quality

Rating	Value
AA	25.09%
AAA	74.91%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Housing Bank 7.83% Debentures \| -	6%	₹820 Cr	82,000 ↑ 34,500
HDFC Bank Limited Debentures \| -	4%	₹598 Cr	6,000
Nirma Limited Debentures \| -	3%	₹500 Cr	50,000
National Housing Bank 7.78% Debentures \| -	3%	₹400 Cr	40,000
Tata Realty And Infrastructure Limited Debentures \| -	2%	₹360 Cr	36,000
Bharti Telecom Limited Debentures \| -	2%	₹325 Cr	3,250
Bajaj Housing Finance Ltd. 8% Debentures \| -	2%	₹300 Cr	30,000
Nirma Limited 8.3% Debentures \| -	2%	₹250 Cr	25,000
91 DTB 25072024 Sovereign Bonds \| -	2%	₹250 Cr	25,000,000
Cholamandalam Investment And Finance Company Limited Debentures \| -	2%	₹249 Cr	2,500

4. Aditya Birla Sun Life Government Securities Fund

(Erstwhile Aditya Birla Sun Life Gilt Plus Fund - PF Plan)

An Open - ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities.

Aditya Birla Sun Life Government Securities Fund is a Debt - Government Bond fund was launched on 12 Oct 99. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.5% since its launch. Ranked 4 in Government Bond category. Return for 2023 was 7.1% , 2022 was 1.7% and 2021 was 3.6% .

Below is the key information for Aditya Birla Sun Life Government Securities Fund

Aditya Birla Sun Life Government Securities Fund Growth
Launch Date	12 Oct 99
NAV (25 Jul 24)	₹76.0686 ↑ 0.08 (0.11 %)
Net Assets (Cr)	₹1,673 on 30 Jun 24
Category	Debt - Government Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	0.94
Sharpe Ratio	0.39
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	0-90 Days (0.5%),90 Days and above(NIL)
Yield to Maturity	7.14%
Effective Maturity	16 Years 7 Months 20 Days
Modified Duration	8 Years 4 Months 20 Days
Sub Cat.	Government Bond

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹11,322
30 Jun 21	₹11,774
30 Jun 22	₹11,920
30 Jun 23	₹12,792
30 Jun 24	₹13,829

Aditya Birla Sun Life Government Securities Fund SIP 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 Government Securities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 24

Duration	Returns
1 Month	0.7%
3 Month	3.5%
6 Month	5.1%
1 Year	8.5%
3 Year	5.8%
5 Year	6.3%
10 Year
15 Year
Since launch	8.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.1%
2022	1.7%
2021	3.6%
2020	12.1%
2019	11%
2018	6.9%
2017	4.4%
2016	16.7%
2015	5.7%
2014	19.9%

Fund Manager information for Aditya Birla Sun Life Government Securities Fund

Name	Since	Tenure
Bhupesh Bameta	6 Aug 20	3.9 Yr.
Dhaval Joshi	21 Nov 22	1.61 Yr.

Data below for Aditya Birla Sun Life Government Securities Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	7.79%
Debt	92.21%

Debt Sector Allocation

Sector	Value
Government	92.21%
Cash Equivalent	7.79%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.3% Govt Stock 2053 Sovereign Bonds \| -	40%	₹666 Cr	64,679,750 ↑ 20,250,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	30%	₹502 Cr	49,750,000 ↑ 24,000,000
7.26% Govt Stock 2033 Sovereign Bonds \| -	16%	₹274 Cr	27,025,000 ↑ 26,000,000
7.18% Govt Stock 2037 Sovereign Bonds \| -	6%	₹100 Cr	9,923,050
5.63% Govt Stock 2026 Sovereign Bonds \| -	0%	₹1 Cr	65,000
Net Receivables / (Payables) Net Current Assets \| -	5%	₹90 Cr
Clearing Corporation Of India Limited CBLO/Reverse Repo \| -	2%	₹40 Cr
Goi Strips - Mat 160627 Sovereign Bonds \| -		₹0 Cr	00 ↓ -1,058,000
Goi 19.03.2027 Gov Sovereign Bonds \| -		₹0 Cr	00 ↓ -1,036,000
07.81 Up SDL 2034 Sovereign Bonds \| -		₹0 Cr	00 ↓ -80,500

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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.