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Aditya Birla Sun Life Money Manager Fund Direct Growth

Aggregate Rating: 5/5
Debt Money Market
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Overview

Aditya Birla Sun Life Money Manager Fund Direct Growth

Aditya Birla Sun Life Mutual Fund

The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.

Investments in Aditya Birla Sun Life Money Manager Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.

Latest NAV

₹ 370.1988

Fund Size (AUM)

₹25580.95 Cr

Risk

Moderate (Risk rating: 3/10)

Minimum Investment

Lumpsum: ₹ 1000

SIP: ₹1000

Launch Date

31-Dec-2012

Expense Ratio

0.22%

Exit Load

Nil

Benchmark

CRISIL Money Market A-I Index

Standard Deviation

0.5

History

Performance & Ratios

1-Year SIP Return

8.55%

3-Year SIP Return

7.92%

5-Year SIP Return

6.97%

Mean Return

7.41%

Alpha

3.03

Beta

1.09

Sharpe Ratio

1.55

Sortino Ratio

1.47

Information Ratio

11.12

Returns
1Y 3Y 5Y All Time
Fund Returns 8.1% 7.3% 6.31% 7.28%
Category Average 7.68% 6.85% 5.81% N/A
Rank Within Category 11 4 2 N/A

Holdings (150)

Company Sector Instrument Assets
Reserve Bank of India Financial T-Bills 4.38%
Kotak Mahindra Bank Ltd. Financial CD 2.96%
HDFC Bank Ltd. Financial CD 2.7%
IDBI Bank Ltd. Financial CD 2.61%
National Bank For Agriculture & Rural Development Financial CD 2.01%
Reserve Bank of India Financial T-Bills 1.94%
Canara Bank Financial CD 1.9%
Union Bank of India Financial CD 1.68%
Bharti Telecom Ltd. Communication CP 1.59%
Tata Teleservices Ltd.(Partly Paid Equity) Communication CP 1.57%

Holdings Analysis

Peer Comparison

Peer Comparison

Fund Name AUM (₹ Cr) 1Y Return (%) 3Y Return (%) Expense Ratio (%) Rating
Tata Money Market Fund Direct Growth 26844.13 8.23 7.41 0.16 N/A
Nippon India Money Market Fund Direct Growth 15229.55 8.12 7.32 0.25 N/A
Aditya Birla Sun Life Money Manager Fund Direct Growth 25580.95 8.1 7.3 0.22 N/A
HDFC Money Market Fund Direct Growth 26033.86 8.12 7.26 0.23 N/A
Kotak Money Market Fund Direct Growth 25007.9 8.08 7.24 0.24 N/A

SIP, STP & SWP Details

Systematic Investment Plan (SIP):

Frequency: Monthly

Min Amount: ₹ 1000

Multiplier: 1

Systematic Transfer Plan (STP):

Frequency: MONTHLY

Dates: 1, 7, 10, 14, 20, 21, 28

Min Amount: ₹ 500

Min Installments: 6

Systematic Withdrawal Plan (SWP):

Frequency: MONTHLY

Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28

Min Amount: ₹ 500

Min Installments: 6

AMC Details

Asset Management Company

Aditya Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund started their mutual fund on 23/12/1994 and its managing total assets of ₹2,24,938 Cr. Its ranked at 4 as per total assets at end of 30th Sep 2017. Aditya Birla Sun Life Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.

Aditya Birla Sun Life Mutual Funds is one of the best and biggest asset management companies in India. It has a strong presence across the financial industry and has more than 16,000 employees working under it.

They have four main visions that they aspire to achieve. The first being a leader in the mutual fund industry, rather than just being another competitor. The second is to be a role model by being the best in whatever they do. The third is to be a broad-based player to meet all the needs of their customers and the last is to become an integrated player to garner a competitive edge in the market.

Aditya Birla Sun Life Mutual Fund offers various mutual fund schemes across various categories and sub- categories. An investor can choose the particular fund he/she wants to invest in based on their financial goals.

Launch Date

1994-12-23T00:00:00.441Z

Total AUM

₹ 364797.32 Cr

Address

One World Center, Tower 1, 17th Floor, Jupiter Mill CompoundSenapati Bapat Marg, Elphinstone Road Mumbai 400013

Phone

None

Sub Type

Gilt

Sub Type Info

Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.

Tax Impact

Returns are taxed as per your Income Tax slab.

Stamp Duty

0.005% (from July 1st, 2020)

Fund Manager Details

Compare with Another Fund

Aditya Birla Sun Life Money Manager Fund Direct Growth

Aditya Birla Sun Life Mutual Fund

Frequently Asked Questions

How is the overall rating calculated?

The overall rating for Aditya Birla Sun Life Money Manager Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.

What are the top stocks of Aditya Birla Sun Life Money Manager Fund Direct Growth?

The top stocks held by Aditya Birla Sun Life Money Manager Fund Direct Growth include Reserve Bank of India, Kotak Mahindra Bank Ltd., HDFC Bank Ltd..

Which industries does Aditya Birla Sun Life Money Manager Fund Direct Growth invest in?

Aditya Birla Sun Life Money Manager Fund Direct Growth primarily invests in the following industries: Financial, Communication, Construction.

Who are the fund managers of Aditya Birla Sun Life Money Manager Fund Direct Growth?

The fund managers of Aditya Birla Sun Life Money Manager Fund Direct Growth are Kaustubh Gupta and Anuj Jain and Mohit Sharma.

How many years has the fund manager been managing Aditya Birla Sun Life Money Manager Fund Direct Growth?

Kaustubh Gupta: Calculating...
Anuj Jain: Calculating...
Mohit Sharma: Calculating...

What is the minimum investment for Aditya Birla Sun Life Money Manager Fund Direct Growth?

The minimum investment for Aditya Birla Sun Life Money Manager Fund Direct Growth is ₹1000 for lumpsum investments and ₹1000 for SIPs.

What are the average 1-year returns for Aditya Birla Sun Life Money Manager Fund Direct Growth?

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What are the average 3-year returns for Aditya Birla Sun Life Money Manager Fund Direct Growth?

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What is the expense ratio of Aditya Birla Sun Life Money Manager Fund Direct Growth, and how does it compare to its category?

The expense ratio of Aditya Birla Sun Life Money Manager Fund Direct Growth is 0.22%. The average expense ratio for similar funds in the Debt is Calculating....