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

Updated on January 25, 2023 , 17796 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 (%)	2022 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Aditya Birla Sun Life Money Manager Fund Growth	₹308.876 ↑ 0.12	₹13,544	1.8	3.1	5	5.1	4.8	7.18%	4M 6D	4M 6D
Aditya Birla Sun Life Savings Fund Growth	₹458.362 ↑ 0.17	₹14,948	1.7	2.9	4.9	5.2	4.8	7.4%	5M 19D	6M 4D
Aditya Birla Sun Life Corporate Bond Fund Growth	₹93.1487 ↓ -0.01	₹12,603	1.7	3	4.4	6.5	4.1	7.6%	1Y 10M 10D	2Y 4M 13D
Aditya Birla Sun Life Medium Term Plan Growth	₹31.5648 ↓ -0.02	₹1,647	1.7	3.1	25.1	13	24.8	8.03%	2Y 7M 24D	4Y 2M 5D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Jan 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 6.7% 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 (27 Jan 23)	₹308.876 ↑ 0.12 (0.04 %)
Net Assets (Cr)	₹13,544 on 31 Dec 22
Category	Debt - Money Market
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Low
Expense Ratio	0.32
Sharpe Ratio	-0.26
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.18%
Effective Maturity	4 Months 6 Days
Modified Duration	4 Months 6 Days
Sub Cat.	Money Market

Growth of 10,000 investment over the years.

Date	Value
31 Dec 17	₹10,000
31 Dec 18	₹10,791
31 Dec 19	₹11,659
31 Dec 20	₹12,433
31 Dec 21	₹12,910
31 Dec 22	₹13,535

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 27 Jan 23

Duration	Returns
1 Month	0.6%
3 Month	1.8%
6 Month	3.1%
1 Year	5%
3 Year	5.1%
5 Year	6.3%
10 Year
15 Year
Since launch	6.7%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Kaustubh Gupta	15 Jul 11	11.47 Yr.
Anuj Jain	22 Mar 21	1.78 Yr.
Mohit Sharma	1 Apr 17	5.76 Yr.

Data below for Aditya Birla Sun Life Money Manager Fund as on 31 Dec 22

Asset Allocation

Asset Class	Value
Cash	95.96%
Debt	4.04%

Debt Sector Allocation

Sector	Value
Cash Equivalent	57.98%
Corporate	27.53%
Government	14.49%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 Dtb 29122022 Sovereign Bonds \| -	2%	₹249 Cr	25,000,000
7.37% Govt Stock 2023 Sovereign Bonds \| -	2%	₹218 Cr	21,714,700
6.84% Govt Stock 2022 Sovereign Bonds \| -	1%	₹185 Cr	18,500,000
07.57 CG Sdl 2023 Sovereign Bonds \| -	1%	₹150 Cr	15,000,000
08.60 HR Sdl 2023 Sovereign Bonds \| -	1%	₹131 Cr	13,000,000
364 Dtb 12012023 Sovereign Bonds \| -	1%	₹129 Cr	13,000,000
182 DTB 02032023 Sovereign Bonds \| -	1%	₹113 Cr	11,500,000
08.67 Uk SDL 2023 Sovereign Bonds \| -	1%	₹110 Cr	11,000,000
364 Dtb 02032023 Sovereign Bonds \| -	1%	₹99 Cr	10,000,000
08.21 HR UDAY 2023 Domestic Bonds \| -	1%	₹75 Cr	7,500,000

2. 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 (27 Jan 23)	₹458.362 ↑ 0.17 (0.04 %)
Net Assets (Cr)	₹14,948 on 31 Dec 22
Category	Debt - Ultrashort Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.49
Sharpe Ratio	-0.52
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.4%
Effective Maturity	6 Months 4 Days
Modified Duration	5 Months 19 Days
Sub Cat.	Ultrashort Bond

Growth of 10,000 investment over the years.

Date	Value
31 Dec 17	₹10,000
31 Dec 18	₹10,763
31 Dec 19	₹11,674
31 Dec 20	₹12,493
31 Dec 21	₹12,980
31 Dec 22	₹13,597

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 27 Jan 23

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	2.9%
1 Year	4.9%
3 Year	5.2%
5 Year	6.4%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Sunaina Cunha	14 Jun 14	8.56 Yr.
Kaustubh Gupta	15 Jul 11	11.47 Yr.
Monika Gandhi	22 Mar 21	1.78 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 31 Dec 22

Asset Allocation

Asset Class	Value
Cash	60.09%
Debt	39.91%

Debt Sector Allocation

Sector	Value
Corporate	50.04%
Cash Equivalent	29.26%
Government	20.7%

Credit Quality

Rating	Value
AA	18.37%
AAA	81.63%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Housing Development Finance Corporation Ltd Debentures \| -	4%	₹598 Cr	6,000
Bharti Telecom Limited Debentures \| -	2%	₹325 Cr	3,250
7.37% Govt Stock 2023 Sovereign Bonds \| -	2%	₹279 Cr	27,800,000
Shriram Transport Finance Company Limited Debentures \| -	2%	₹278 Cr	2,750
Reliance Industries Limited Debentures \| -	2%	₹253 Cr	2,500
Cholamandalam Investment And Fin. Co. Ltd Debentures \| -	2%	₹249 Cr	2,500
08.54 MH Sdl 2023 Sovereign Bonds \| -	2%	₹246 Cr	24,500,000
Housing Development Finance Corporation Ltd Debentures \| -	2%	₹244 Cr	2,450
08.21 HR UDAY 2023 Domestic Bonds \| -	2%	₹236 Cr	23,500,000
08.39 RJ UDAY 2023 Domestic Bonds \| -	1%	₹216 Cr	21,477,000

3. 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 (27 Jan 23)	₹93.1487 ↓ -0.01 (-0.01 %)
Net Assets (Cr)	₹12,603 on 31 Dec 22
Category	Debt - Corporate Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.46
Sharpe Ratio	-0.61
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.6%
Effective Maturity	2 Years 4 Months 13 Days
Modified Duration	1 Year 10 Months 10 Days
Sub Cat.	Corporate Bond

Growth of 10,000 investment over the years.

Date	Value
31 Dec 17	₹10,000
31 Dec 18	₹10,700
31 Dec 19	₹11,727
31 Dec 20	₹13,122
31 Dec 21	₹13,652
31 Dec 22	₹14,208

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 27 Jan 23

Duration	Returns
1 Month	0.4%
3 Month	1.7%
6 Month	3%
1 Year	4.4%
3 Year	6.5%
5 Year	7.3%
10 Year
15 Year
Since launch	9%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Kaustubh Gupta	12 Apr 21	1.72 Yr.

Data below for Aditya Birla Sun Life Corporate Bond Fund as on 31 Dec 22

Asset Allocation

Asset Class	Value
Cash	13.33%
Debt	86.67%

Debt Sector Allocation

Sector	Value
Corporate	56.45%
Government	31.62%
Cash Equivalent	10.23%
Securitized	1.7%

Credit Quality

Rating	Value
AA	2.37%
AAA	97.63%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Limited Debentures \| -	4%	₹450 Cr	450 ↑ 450
7.42% Govt Stock 2033 Sovereign Bonds \| -	3%	₹417 Cr	41,808,500
Sikka Ports & Terminals Limited Debentures \| -	3%	₹364 Cr	3,650
Bajaj Housing Finance Limited Debentures \| -	3%	₹345 Cr	3,525
Sikka Ports & Terminals Limited Debentures \| -	3%	₹326 Cr	3,250
7.69% Govt Stock 2034 Sovereign Bonds \| -	2%	₹315 Cr	32,137,700
7.26% Govt Stock 2032 Sovereign Bonds \| -	2%	₹285 Cr	28,500,000 ↑ 7,500,000
7.27% Govt Stock 2026 Sovereign Bonds \| -	2%	₹251 Cr	25,000,000
6.54% Govt Stock 2032 Sovereign Bonds \| -	2%	₹247 Cr	26,000,000
Sikka Ports & Terminals Limited Debentures \| -	2%	₹244 Cr	2,500

4. Aditya Birla Sun Life Medium Term Plan

The primary investment objective of the Scheme is to generate regular income through investments in debt & money market instruments in order to make regular dividend payments to unit holders & secondary objective is growth of capital.

Aditya Birla Sun Life Medium Term Plan is a Debt - Medium term Bond fund was launched on 25 Mar 09. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.7% since its launch. Ranked 6 in Medium term Bond category. Return for 2022 was 24.8% , 2021 was 7.1% and 2020 was 8.1% .

Below is the key information for Aditya Birla Sun Life Medium Term Plan

Aditya Birla Sun Life Medium Term Plan Growth
Launch Date	25 Mar 09
NAV (27 Jan 23)	₹31.5648 ↓ -0.02 (-0.07 %)
Net Assets (Cr)	₹1,647 on 31 Dec 22
Category	Debt - Medium term Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.56
Sharpe Ratio	1.15
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	0-365 Days (1%),365 Days and above(NIL)
Yield to Maturity	8.03%
Effective Maturity	4 Years 2 Months 5 Days
Modified Duration	2 Years 7 Months 24 Days
Sub Cat.	Medium term Bond

Growth of 10,000 investment over the years.

Date	Value
31 Dec 17	₹10,000
31 Dec 18	₹10,561
31 Dec 19	₹10,097
31 Dec 20	₹10,916
31 Dec 21	₹11,691
31 Dec 22	₹14,591

Aditya Birla Sun Life Medium Term Plan 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 Medium Term Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23

Duration	Returns
1 Month	0.3%
3 Month	1.7%
6 Month	3.1%
1 Year	25.1%
3 Year	13%
5 Year	7.8%
10 Year
15 Year
Since launch	8.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	24.8%
2021	7.1%
2020	8.1%
2019	-4.4%
2018	5.6%
2017	7%
2016	10.9%
2015	9.5%
2014	12%
2013	10.2%

Fund Manager information for Aditya Birla Sun Life Medium Term Plan

Name	Since	Tenure
Sunaina Cunha	1 Sep 14	8.34 Yr.
Mohit Sharma	6 Aug 20	2.41 Yr.

Data below for Aditya Birla Sun Life Medium Term Plan as on 31 Dec 22

Asset Allocation

Asset Class	Value
Cash	15.63%
Equity	2.38%
Debt	81.99%

Debt Sector Allocation

Sector	Value
Corporate	48.52%
Government	40.9%
Cash Equivalent	8.19%

Credit Quality

Rating	Value
A	2.61%
AA	40.41%
AAA	56.98%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.26% Govt Stock 2032 Sovereign Bonds \| -	11%	₹180 Cr	18,000,000 ↑ 500,000
6.54% Govt Stock 2032 Sovereign Bonds \| -	10%	₹157 Cr	16,500,000 ↓ -2,000,000
Shriram City Union Finance Limited Debentures \| -	6%	₹101 Cr	1,000
HDFC Bank Limited Debentures \| -	3%	₹50 Cr	50 ↑ 50
Mahindra Rural Housing Finance Limited Debentures \| -	3%	₹50 Cr	500
Bharti Hexacom Limited Debentures \| -	3%	₹47 Cr	480
Tata Realty And Infrastructure Limited Debentures \| -	3%	₹47 Cr	480
JM Financial Credit Solutions Limited Debentures \| -	3%	₹45 Cr	440
Gic Housing Finance Limited Debentures \| -	2%	₹40 Cr	400
IRB InvIT Fund Units 2017-Series IV (Industrials) Equity, Since 31 May 18 \| 540526	2%	₹39 Cr	5,820,000

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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.