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

Updated on October 8, 2024 , 19823 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	₹106.568 ↑ 0.02	₹22,000	2.6	4.6	9.1	6.4	7.3	7.56%	3Y 7M 13D	5Y 4M 2D
Aditya Birla Sun Life Money Manager Fund Growth	₹350.349 ↑ 0.07	₹27,665	1.9	3.7	7.7	6.4	7.4	7.54%	5M 8D	5M 8D
Aditya Birla Sun Life Savings Fund Growth	₹518.465 ↑ 0.13	₹13,259	1.9	3.7	7.6	6.3	7.2	7.82%	5M 1D	6M 25D
Aditya Birla Sun Life Government Securities Fund Growth	₹77.9041 ↓ -0.06	₹2,139	2.9	5.6	11.4	5.9	7.1	7.05%	8Y 9M 22D	17Y 5M 26D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 10 Oct 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 (10 Oct 24)	₹106.568 ↑ 0.02 (0.02 %)
Net Assets (Cr)	₹22,000 on 15 Sep 24
Category	Debt - Corporate Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.5
Sharpe Ratio	1.09
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.56%
Effective Maturity	5 Years 4 Months 2 Days
Modified Duration	3 Years 7 Months 13 Days
Sub Cat.	Corporate Bond

Growth of 10,000 investment over the years.

Date	Value
30 Sep 19	₹10,000
30 Sep 20	₹11,116
30 Sep 21	₹11,797
30 Sep 22	₹12,150
30 Sep 23	₹13,037
30 Sep 24	₹14,164

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 10 Oct 24

Duration	Returns
1 Month	1%
3 Month	2.6%
6 Month	4.6%
1 Year	9.1%
3 Year	6.4%
5 Year	7.2%
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	3.39 Yr.
Dhaval Joshi	21 Nov 22	1.78 Yr.

Data below for Aditya Birla Sun Life Corporate Bond Fund as on 15 Sep 24

Asset Allocation

Asset Class	Value
Cash	4.59%
Debt	95.16%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	55.83%
Government	38.76%
Cash Equivalent	4.59%
Securitized	0.57%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2033 Sovereign Bonds \| -	11%	₹2,313 Cr	227,000,000 ↑ 1,000,000
7.18% Govt Stock 2037 Sovereign Bonds \| -	7%	₹1,466 Cr	143,324,100 ↑ 9,500,000
Small Industries Development Bank Of India Debentures \| -	3%	₹694 Cr	69,550
7.26% Govt Stock 2033 Sovereign Bonds \| -	3%	₹666 Cr	65,089,300
8% Govt Stock 2034 Sovereign Bonds \| -	3%	₹648 Cr	64,137,700
Small Industries Development Bank Of India Debentures \| -	3%	₹599 Cr	6,000
Bajaj Housing Finance Ltd. 7.8% Debentures \| -	3%	₹551 Cr	55,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹487 Cr	48,500
Bajaj Finance Limited Debentures \| -	2%	₹450 Cr	45,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹398 Cr	4,000

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 (10 Oct 24)	₹350.349 ↑ 0.07 (0.02 %)
Net Assets (Cr)	₹27,665 on 31 Aug 24
Category	Debt - Money Market
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Low
Expense Ratio	0.34
Sharpe Ratio	2.35
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.54%
Effective Maturity	5 Months 8 Days
Modified Duration	5 Months 8 Days
Sub Cat.	Money Market

Growth of 10,000 investment over the years.

Date	Value
30 Sep 19	₹10,000
30 Sep 20	₹10,715
30 Sep 21	₹11,145
30 Sep 22	₹11,598
30 Sep 23	₹12,450
30 Sep 24	₹13,411

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 10 Oct 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.7%
3 Year	6.4%
5 Year	6%
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	13.14 Yr.
Anuj Jain	22 Mar 21	3.45 Yr.
Mohit Sharma	1 Apr 17	7.42 Yr.
Dhaval Joshi	21 Nov 22	1.78 Yr.

Data below for Aditya Birla Sun Life Money Manager Fund as on 31 Aug 24

Asset Allocation

Asset Class	Value
Cash	70.84%
Debt	28.93%
Other	0.23%

Debt Sector Allocation

Sector	Value
Corporate	51.96%
Cash Equivalent	37.28%
Government	10.53%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	2%	₹485 Cr	50,000,000
Axis Bank Ltd. Debentures \| -	2%	₹485 Cr	10,000
IDFC First Bank Ltd. Debentures \| -	2%	₹482 Cr	10,000
05.80 MH Sdl 2025 Sovereign Bonds \| -	2%	₹468 Cr	47,000,000
07.38% MP Sdl 2025 Sovereign Bonds \| -	2%	₹466 Cr	46,500,000
Tata Teleservices Ltd Debentures \| -	2%	₹458 Cr	9,500
Small Industries Development Bank of India Debentures \| -	1%	₹386 Cr	8,000
HDFC Bank Ltd. Debentures \| -	1%	₹338 Cr	7,000
Indusind Bank Ltd. Debentures \| -	1%	₹291 Cr	6,000
364 DTB 26122024 Sovereign Bonds \| -	1%	₹245 Cr	25,000,000

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 (10 Oct 24)	₹518.465 ↑ 0.13 (0.02 %)
Net Assets (Cr)	₹13,259 on 15 Sep 24
Category	Debt - Ultrashort Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.54
Sharpe Ratio	1.46
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.82%
Effective Maturity	6 Months 25 Days
Modified Duration	5 Months 1 Day
Sub Cat.	Ultrashort Bond

Growth of 10,000 investment over the years.

Date	Value
30 Sep 19	₹10,000
30 Sep 20	₹10,751
30 Sep 21	₹11,218
30 Sep 22	₹11,671
30 Sep 23	₹12,497
30 Sep 24	₹13,441

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 10 Oct 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.6%
3 Year	6.3%
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	10.21 Yr.
Kaustubh Gupta	15 Jul 11	13.14 Yr.
Monika Gandhi	22 Mar 21	3.45 Yr.
Dhaval Joshi	21 Nov 22	1.78 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 15 Sep 24

Asset Allocation

Asset Class	Value
Cash	41.25%
Debt	58.47%
Other	0.28%

Debt Sector Allocation

Sector	Value
Corporate	65.68%
Cash Equivalent	21.29%
Government	12.74%

Credit Quality

Rating	Value
AA	22.88%
AAA	77.12%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Housing Bank 7.83% Debentures \| -	6%	₹820 Cr	82,000
Nirma Limited Debentures \| -	4%	₹501 Cr	50,000
Rural Electrification Corporation Limited Debentures \| -	4%	₹500 Cr	50,000 ↑ 50,000
National Housing Bank 7.78% Debentures \| -	3%	₹400 Cr	40,000
Tata Realty And Infrastructure Limited Debentures \| -	3%	₹360 Cr	36,000
Bharti Telecom Limited Debentures \| -	2%	₹325 Cr	3,250
Bajaj Housing Finance Ltd. 8% Debentures \| -	2%	₹300 Cr	30,000
7.72% Govt Stock 2028 Sovereign Bonds \| -	2%	₹292 Cr	29,000,000
Nirma Limited 8.3% Debentures \| -	2%	₹250 Cr	25,000
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 8.6% 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 (10 Oct 24)	₹77.9041 ↓ -0.06 (-0.07 %)
Net Assets (Cr)	₹2,139 on 15 Sep 24
Category	Debt - Government Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.05
Sharpe Ratio	0.81
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	7.05%
Effective Maturity	17 Years 5 Months 26 Days
Modified Duration	8 Years 9 Months 22 Days
Sub Cat.	Government Bond

Growth of 10,000 investment over the years.

Date	Value
30 Sep 19	₹10,000
30 Sep 20	₹11,045
30 Sep 21	₹11,689
30 Sep 22	₹11,740
30 Sep 23	₹12,541
30 Sep 24	₹13,897

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 10 Oct 24

Duration	Returns
1 Month	1%
3 Month	2.9%
6 Month	5.6%
1 Year	11.4%
3 Year	5.9%
5 Year	6.7%
10 Year
15 Year
Since launch	8.6%

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	4.07 Yr.
Dhaval Joshi	21 Nov 22	1.78 Yr.

Data below for Aditya Birla Sun Life Government Securities Fund as on 15 Sep 24

Asset Allocation

Asset Class	Value
Cash	4.33%
Debt	95.67%

Debt Sector Allocation

Sector	Value
Government	95.67%
Cash Equivalent	4.33%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.3% Govt Stock 2053 Sovereign Bonds \| -	42%	₹873 Cr	84,179,750 ↑ 8,500,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	31%	₹627 Cr	61,500,000 ↑ 2,000,000
7.26% Govt Stock 2033 Sovereign Bonds \| -	14%	₹282 Cr	27,525,000
7.18% Govt Stock 2037 Sovereign Bonds \| -	9%	₹183 Cr	17,923,050 ↑ 4,500,000
5.63% Govt Stock 2026 Sovereign Bonds \| -	0%	₹1 Cr	65,000
Clearing Corporation Of India Limited CBLO/Reverse Repo \| -	3%	₹71 Cr
Net Receivables / (Payables) Net Current Assets \| -	1%	₹18 Cr

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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.