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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 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

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 ₹308.876
↑ 0.12
₹13,5441.83.155.14.87.18%4M 6D4M 6D
Aditya Birla Sun Life Savings Fund Growth ₹458.362
↑ 0.17
₹14,9481.72.94.95.24.87.4%5M 19D6M 4D
Aditya Birla Sun Life Corporate Bond Fund Growth ₹93.1487
↓ -0.01
₹12,6031.734.46.54.17.6%1Y 10M 10D2Y 4M 13D
Aditya Birla Sun Life Medium Term Plan Growth ₹31.5648
↓ -0.02
₹1,6471.73.125.11324.88.03%2Y 7M 24D4Y 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.

DateValue
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

   
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 27 Jan 23

DurationReturns
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
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 1111.47 Yr.
Anuj Jain22 Mar 211.78 Yr.
Mohit Sharma1 Apr 175.76 Yr.

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

Asset Allocation
Asset ClassValue
Cash95.96%
Debt4.04%
Debt Sector Allocation
SectorValue
Cash Equivalent57.98%
Corporate27.53%
Government14.49%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 Dtb 29122022
Sovereign Bonds | -
2%₹249 Cr25,000,000
7.37% Govt Stock 2023
Sovereign Bonds | -
2%₹218 Cr21,714,700
6.84% Govt Stock 2022
Sovereign Bonds | -
1%₹185 Cr18,500,000
07.57 CG Sdl 2023
Sovereign Bonds | -
1%₹150 Cr15,000,000
08.60 HR Sdl 2023
Sovereign Bonds | -
1%₹131 Cr13,000,000
364 Dtb 12012023
Sovereign Bonds | -
1%₹129 Cr13,000,000
182 DTB 02032023
Sovereign Bonds | -
1%₹113 Cr11,500,000
08.67 Uk SDL 2023
Sovereign Bonds | -
1%₹110 Cr11,000,000
364 Dtb 02032023
Sovereign Bonds | -
1%₹99 Cr10,000,000
08.21 HR UDAY 2023
Domestic Bonds | -
1%₹75 Cr7,500,000

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.

DateValue
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

   
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 27 Jan 23

DurationReturns
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
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 Cunha14 Jun 148.56 Yr.
Kaustubh Gupta15 Jul 1111.47 Yr.
Monika Gandhi22 Mar 211.78 Yr.

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

Asset Allocation
Asset ClassValue
Cash60.09%
Debt39.91%
Debt Sector Allocation
SectorValue
Corporate50.04%
Cash Equivalent29.26%
Government20.7%
Credit Quality
RatingValue
AA18.37%
AAA81.63%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Housing Development Finance Corporation Ltd
Debentures | -
4%₹598 Cr6,000
Bharti Telecom Limited
Debentures | -
2%₹325 Cr3,250
7.37% Govt Stock 2023
Sovereign Bonds | -
2%₹279 Cr27,800,000
Shriram Transport Finance Company Limited
Debentures | -
2%₹278 Cr2,750
Reliance Industries Limited
Debentures | -
2%₹253 Cr2,500
Cholamandalam Investment And Fin. Co. Ltd
Debentures | -
2%₹249 Cr2,500
08.54 MH Sdl 2023
Sovereign Bonds | -
2%₹246 Cr24,500,000
Housing Development Finance Corporation Ltd
Debentures | -
2%₹244 Cr2,450
08.21 HR UDAY 2023
Domestic Bonds | -
2%₹236 Cr23,500,000
08.39 RJ UDAY 2023
Domestic Bonds | -
1%₹216 Cr21,477,000

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.

DateValue
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

   
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 27 Jan 23

DurationReturns
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
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 211.72 Yr.

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

Asset Allocation
Asset ClassValue
Cash13.33%
Debt86.67%
Debt Sector Allocation
SectorValue
Corporate56.45%
Government31.62%
Cash Equivalent10.23%
Securitized1.7%
Credit Quality
RatingValue
AA2.37%
AAA97.63%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Limited
Debentures | -
4%₹450 Cr450
↑ 450
7.42% Govt Stock 2033
Sovereign Bonds | -
3%₹417 Cr41,808,500
Sikka Ports & Terminals Limited
Debentures | -
3%₹364 Cr3,650
Bajaj Housing Finance Limited
Debentures | -
3%₹345 Cr3,525
Sikka Ports & Terminals Limited
Debentures | -
3%₹326 Cr3,250
7.69% Govt Stock 2034
Sovereign Bonds | -
2%₹315 Cr32,137,700
7.26% Govt Stock 2032
Sovereign Bonds | -
2%₹285 Cr28,500,000
↑ 7,500,000
7.27% Govt Stock 2026
Sovereign Bonds | -
2%₹251 Cr25,000,000
6.54% Govt Stock 2032
Sovereign Bonds | -
2%₹247 Cr26,000,000
Sikka Ports & Terminals Limited
Debentures | -
2%₹244 Cr2,500

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.

DateValue
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

   
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 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

DurationReturns
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
YearReturns
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
NameSinceTenure
Sunaina Cunha1 Sep 148.34 Yr.
Mohit Sharma6 Aug 202.41 Yr.

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

Asset Allocation
Asset ClassValue
Cash15.63%
Equity2.38%
Debt81.99%
Debt Sector Allocation
SectorValue
Corporate48.52%
Government40.9%
Cash Equivalent8.19%
Credit Quality
RatingValue
A2.61%
AA40.41%
AAA56.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2032
Sovereign Bonds | -
11%₹180 Cr18,000,000
↑ 500,000
6.54% Govt Stock 2032
Sovereign Bonds | -
10%₹157 Cr16,500,000
↓ -2,000,000
Shriram City Union Finance Limited
Debentures | -
6%₹101 Cr1,000
HDFC Bank Limited
Debentures | -
3%₹50 Cr50
↑ 50
Mahindra Rural Housing Finance Limited
Debentures | -
3%₹50 Cr500
Bharti Hexacom Limited
Debentures | -
3%₹47 Cr480
Tata Realty And Infrastructure Limited
Debentures | -
3%₹47 Cr480
JM Financial Credit Solutions Limited
Debentures | -
3%₹45 Cr440
Gic Housing Finance Limited
Debentures | -
2%₹40 Cr400
IRB InvIT Fund Units 2017-Series IV (Industrials)
Equity, Since 31 May 18 | 540526
2%₹39 Cr5,820,000

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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.
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