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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

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	₹322.19 ↑ 0.07	₹15,637	1.7	3.8	7.1	5	4.8	7.32%	5M 23D	5M 23D
Aditya Birla Sun Life Corporate Bond Fund Growth	₹97.1847 ↑ 0.01	₹17,961	1.5	3.9	6.8	5.4	4.1	7.62%	2Y 2M 5D	2Y 9M 22D
Aditya Birla Sun Life Savings Fund Growth	₹477.445 ↑ 0.09	₹14,783	1.7	3.7	6.8	5.1	4.8	7.39%	5M 1D	5M 8D
Aditya Birla Sun Life Floating Rate Fund - Long Term Growth	₹301.96 ↑ 0.05	₹12,690	1.8	4	7.1	5.3	4.8	7.46%	11M 12D	1Y 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.

Date	Value
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

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

Duration	Returns
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

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	12.14 Yr.
Anuj Jain	22 Mar 21	2.45 Yr.
Mohit Sharma	1 Apr 17	6.42 Yr.
Dhaval Joshi	21 Nov 22	0.78 Yr.

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

Asset Allocation

Asset Class	Value
Cash	89.14%
Debt	10.86%

Debt Sector Allocation

Sector	Value
Cash Equivalent	38.43%
Government	32.74%
Corporate	28.83%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 21122023 Sovereign Bonds \| -	2%	₹284 Cr	29,000,000
182 DTB 26102023 Sovereign Bonds \| -	2%	₹277 Cr	28,000,000
7.68% Govt Stock 2023 Sovereign Bonds \| -	2%	₹250 Cr	25,000,000
364 DTB 07122023 Sovereign Bonds \| -	2%	₹246 Cr	25,000,000
364 DTB 08022024 Sovereign Bonds \| -	1%	₹233 Cr	24,000,000
182 DTB 11012024 Sovereign Bonds \| -	1%	₹195 Cr	20,000,000
364 DTB 07032024 Sovereign Bonds \| -	1%	₹193 Cr	20,000,000
India (Republic of) - \| -	1%	₹152 Cr	15,500,000
182 DTB 14122023 Sovereign Bonds \| -	1%	₹123 Cr	12,500,000
7.32% Govt Stock 2024 Sovereign Bonds \| -	0%	₹75 Cr	7,500,000

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.

Date	Value
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

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

Duration	Returns
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

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	2.39 Yr.
Dhaval Joshi	21 Nov 22	0.78 Yr.

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

Asset Allocation

Asset Class	Value
Cash	4.97%
Debt	95.03%

Debt Sector Allocation

Sector	Value
Corporate	55.28%
Government	38.44%
Cash Equivalent	4.97%
Securitized	1.31%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.26% Govt Stock 2033 Sovereign Bonds \| -	6%	₹1,032 Cr	102,589,300 ↑ 12,500,000
8.51% Govt Stock 2033 Sovereign Bonds \| -	5%	₹830 Cr	81,808,500 ↑ 9,000,000
7.06% Govt Stock 2028 Sovereign Bonds \| -	4%	₹717 Cr	72,000,000 ↑ 32,000,000
7.38% Govt Stock 2027 Sovereign Bonds \| -	3%	₹629 Cr	62,500,000 ↑ 1,000,000
Mahindra & Mahindra Financial Services Ltd Debentures \| -	3%	₹602 Cr	60,000
7.93% Govt Stock 2034 Sovereign Bonds \| -	3%	₹579 Cr	58,137,700 ↓ -2,500,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹528 Cr	5,300
Rural Electrification Corporation Limited Debentures \| -	2%	₹423 Cr	42,500
07.18 Goi 2037 Sovereign Bonds \| -	2%	₹380 Cr	38,192,600 ↑ 4,000,000
Small Industries Development Bank Of India Debentures \| -	2%	₹360 Cr	36,050

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.

Date	Value
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

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

Duration	Returns
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

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	20 Jun 14	9.21 Yr.
Kaustubh Gupta	15 Jul 11	12.14 Yr.
Monika Gandhi	22 Mar 21	2.45 Yr.
Dhaval Joshi	21 Nov 22	0.78 Yr.

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

Asset Allocation

Asset Class	Value
Cash	54.34%
Debt	45.66%

Debt Sector Allocation

Sector	Value
Corporate	46.88%
Cash Equivalent	30.31%
Government	22.81%

Credit Quality

Rating	Value
AA	20.68%
AAA	79.32%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Limited Debentures \| -	4%	₹597 Cr	6,000
182 DTB 21122023 Sovereign Bonds \| -	3%	₹465 Cr	47,500,000
Tata Realty And Infrastructure Limited Debentures \| -	2%	₹360 Cr	36,000
Hindalco Industries Limited Debentures \| -	2%	₹350 Cr	35,000
Bharti Telecom Limited Debentures \| -	2%	₹325 Cr	3,250
182 DTB 07122023 Sovereign Bonds \| -	2%	₹295 Cr	30,000,000
Cholamandalam Investment And Fin. Co. Ltd Debentures \| -	2%	₹250 Cr	2,500
HDFC Bank Limited Debentures \| -	2%	₹245 Cr	2,450
India (Republic of) - \| -	1%	₹173 Cr	17,500,000
Reliance Industries Limited Debentures \| -	1%	₹150 Cr	1,500

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

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.

Date	Value
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

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

Duration	Returns
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

Year	Returns
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

Name	Since	Tenure
Kaustubh Gupta	20 Jun 14	9.21 Yr.
Harshil Suvarnkar	22 Mar 21	2.45 Yr.
Dhaval Joshi	21 Nov 22	0.78 Yr.

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

Asset Allocation

Asset Class	Value
Cash	37.02%
Debt	62.98%

Debt Sector Allocation

Sector	Value
Corporate	47.12%
Government	40.25%
Cash Equivalent	11.31%
Securitized	1.31%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
8.51% Govt Stock 2033 Sovereign Bonds \| -	9%	₹1,147 Cr	113,000,000 ↑ 21,000,000
6.97% Govt Stock 2024 Sovereign Bonds \| -	3%	₹450 Cr	45,000,000
Fullerton India Credit Company Ltd Debentures \| -	3%	₹335 Cr	3,350 ↓ -30,150
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹305 Cr	3,150
7.38% Govt Stock 2027 Sovereign Bonds \| -	2%	₹281 Cr	27,889,900 ↑ 7,500,000
Aditya Birla Housing Finance Limited Debentures \| -	2%	₹252 Cr	2,500
Power Finance Corporation Ltd. Debentures \| -	1%	₹193 Cr	1,950
7.93% Govt Stock 2034 Sovereign Bonds \| -	1%	₹189 Cr	19,000,000 ↑ 5,500,000
5.63% Govt Stock 2026 Sovereign Bonds \| -	1%	₹174 Cr	18,000,000 ↑ 11,000,000
Power Finance Corporation Ltd. Debentures \| -	1%	₹169 Cr	1,700

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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.