Aditya Birla Sun Life Savings Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (17-May-24)
₹511.320.02%1D
Returns (Since Inception)
7.73%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹12,633 Cr
Expense Ratio
0.39%
ISIN
INF209K01UR9
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Aditya Birla Sun Life Savings Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Aditya Birla SL Mutual Fund. This fund has been in existence for 11 years, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹511.32, Assets Under Management (AUM) of 12632.74 Crores, and an expense ratio of 0.39%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹511.32, Assets Under Management (AUM) of 12632.74 Crores, and an expense ratio of 0.39%.
- Aditya Birla Sun Life Savings Fund Direct Growth has given a CAGR return of 7.73% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 62.70% in debts, and 36.99% in cash & cash equivalents.
- You can start investing in Aditya Birla Sun Life Savings Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.66%
+6.12% (Cat Avg.)
3 Years
+6.00%
+5.13% (Cat Avg.)
5 Years
+6.37%
+4.99% (Cat Avg.)
10 Years
+7.46%
+5.56% (Cat Avg.)
Since Inception
+7.73%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Debt | ₹7,920.3 Cr | 62.70% |
| Others | ₹4,712.43 Cr | 37.30% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Limited | Bond - Corporate Bond | ₹597.71 Cr | 4.96% |
| Nirma Limited | Bond - Corporate Bond | ₹499.92 Cr | 4.15% |
| Dbs Bank India Limited | Cash - CD/Time Deposit | ₹469.48 Cr | 3.89% |
| National Housing Bank 7.78% | Bond - Corporate Bond | ₹399.98 Cr | 3.32% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹360.48 Cr | 2.99% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹325.05 Cr | 2.70% |
| Bajaj Housing Finance Ltd. 8% | Bond - Corporate Bond | ₹299.61 Cr | 2.48% |
| Nirma Limited 8.3% | Bond - Corporate Bond | ₹250.15 Cr | 2.07% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹249.23 Cr | 2.07% |
| 91 DTB 25072024 | Bond - Gov't/Treasury | ₹246.01 Cr | 2.04% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹244.36 Cr | 2.03% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹243.83 Cr | 2.02% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹239.13 Cr | 1.98% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹234.48 Cr | 1.94% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹202.42 Cr | 1.68% |
| Tata Projects Limited | Cash - Commercial Paper | ₹197.66 Cr | 1.64% |
| Tata Teleservices Ltd | Bond - Corporate Bond | ₹191.57 Cr | 1.59% |
| Tata Teleservices Ltd | Cash - Commercial Paper | ₹191.57 Cr | 1.59% |
| Dbs Bank India Limited | Cash - CD/Time Deposit | ₹191.06 Cr | 1.58% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹187.64 Cr | 1.56% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹173.77 Cr | 1.44% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹150.05 Cr | 1.24% |
| 05.88 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹148.33 Cr | 1.23% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹146.79 Cr | 1.22% |
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹145.07 Cr | 1.20% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹143.74 Cr | 1.19% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹143.62 Cr | 1.19% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹142.89 Cr | 1.18% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹140.57 Cr | 1.17% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹139.27 Cr | 1.15% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹124.41 Cr | 1.03% |
| Hinduja Housing Finance Limited 8.85% | Bond - Corporate Bond | ₹124.24 Cr | 1.03% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹124.16 Cr | 1.03% |
| JM Financial Products Limited | Bond - Corporate Bond | ₹123.86 Cr | 1.03% |
| Tata Realty And Infrastructure Limited | Cash - Commercial Paper | ₹115.52 Cr | 0.96% |
| India (Republic of) | Bond - Short-term Government Bills | ₹114.56 Cr | 0.95% |
| Clearing Corporation Of India Limited | Cash - Repurchase Agreement | ₹108.38 Cr | 0.90% |
| 05.47 RJ Sdl 2024 | Bond - Gov't/Treasury | ₹104.84 Cr | 0.87% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹100.1 Cr | 0.83% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹99.92 Cr | 0.83% |
| SMFG India Home Finance Co Ltd. 8.35% | Bond - Corporate Bond | ₹99.85 Cr | 0.83% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹99.3 Cr | 0.82% |
| TATA Motors Finance Limited | Bond - Corporate Bond | ₹98.98 Cr | 0.82% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹98.85 Cr | 0.82% |
| 364 DTB 01082024 | Bond - Gov't/Treasury | ₹98.27 Cr | 0.81% |
| Brookfield India Real Estate Trust | Cash - Commercial Paper | ₹97.77 Cr | 0.81% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹95.67 Cr | 0.79% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹94.92 Cr | 0.79% |
| Export-Import Bank of India | Cash - Commercial Paper | ₹93.93 Cr | 0.78% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹93.81 Cr | 0.78% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹93.61 Cr | 0.78% |
| Utkarsh Small Finance Bank Limited | Cash - CD/Time Deposit | ₹93.15 Cr | 0.77% |
| Net Receivables / (Payables) | Cash | ₹89.05 Cr | 0.74% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹79.94 Cr | 0.66% |
| 08.08 Up SDL 2025feb | Bond - Gov't/Treasury | ₹75.5 Cr | 0.63% |
| Godrej Industries | Cash - Commercial Paper | ₹74.99 Cr | 0.62% |
| Dlf Home Developers Limited 8.5% | Bond - Corporate Bond | ₹74.88 Cr | 0.62% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹74.88 Cr | 0.62% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹72.92 Cr | 0.60% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹71.58 Cr | 0.59% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹64.86 Cr | 0.54% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹64.8 Cr | 0.54% |
| Shriram Housing Finance Limited | Bond - Corporate Bond | ₹61.57 Cr | 0.51% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹60.38 Cr | 0.50% |
| Tata Capital Limited | Bond - Corporate Bond | ₹49.91 Cr | 0.41% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹49.89 Cr | 0.41% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹49.88 Cr | 0.41% |
| Small Industries Development Bank of India 7.68% | Bond - Corporate Bond | ₹49.87 Cr | 0.41% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.64 Cr | 0.41% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹49.3 Cr | 0.41% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹49.25 Cr | 0.41% |
| JM Financial Credit Solutions Limited | Bond - Corporate Bond | ₹49.19 Cr | 0.41% |
| Goi Strips 12092024 | Bond - Gov't/Treasury | ₹48.8 Cr | 0.40% |
| Rec Limited | Bond - Corporate Bond | ₹48.57 Cr | 0.40% |
| Reverse Repo | Cash - Repurchase Agreement | ₹48.46 Cr | 0.40% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹46.9 Cr | 0.39% |
| AU Small Finance Bank Ltd. | Bond - Corporate Bond | ₹46.87 Cr | 0.39% |
| 0% GOI - 15062024 STRIPS | Bond - Gov't/Treasury | ₹44.6 Cr | 0.37% |
| Torrent Power Limited | Bond - Corporate Bond | ₹44.39 Cr | 0.37% |
| Rec Limited | Bond - Corporate Bond | ₹43.72 Cr | 0.36% |
| 0% GOI - 15122024 STRIPS | Bond - Gov't/Treasury | ₹43.07 Cr | 0.36% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹39.78 Cr | 0.33% |
| SBI - Corporate Debt Market Development Fund – A2 Units | Mutual Fund - Open End | ₹38.17 Cr | 0.32% |
| 08.05 KA Sdl 2025 | Bond - Gov't/Treasury | ₹35.23 Cr | 0.29% |
| 08.05 HR Sdl 2025 | Bond - Gov't/Treasury | ₹35.23 Cr | 0.29% |
| Goi Strips 15032048 | Bond - Gov't/Treasury | ₹34.76 Cr | 0.29% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹29.86 Cr | 0.25% |
| 08.08 MP Sdl 2025 | Bond - Gov't/Treasury | ₹25.16 Cr | 0.21% |
| Mahindra Rural Housing Finance Limited | Bond - Corporate Bond | ₹25.02 Cr | 0.21% |
| 08.84 AS Sdl 2024 | Bond - Gov't/Treasury | ₹25.01 Cr | 0.21% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹24.99 Cr | 0.21% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹24.98 Cr | 0.21% |
| TATA Motors Finance Limited | Bond - Corporate Bond | ₹24.96 Cr | 0.21% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.95 Cr | 0.21% |
| 06.69 MP Sdl 2025 | Bond - Gov't/Treasury | ₹24.9 Cr | 0.21% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.9 Cr | 0.21% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.84 Cr | 0.21% |
| Punjab & Sind Bank | Cash - CD/Time Deposit | ₹24.79 Cr | 0.21% |
| 182 DTB 26102024 | Bond - Gov't/Treasury | ₹24.57 Cr | 0.20% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹23.63 Cr | 0.20% |
| Gs CG 12/6/2025 - (Strips) Tb | Bond - Gov't/Treasury | ₹23.48 Cr | 0.19% |
| GS CG 22/08/2024 - (STRIPS) Strips | Bond - Gov't/Treasury | ₹22.5 Cr | 0.19% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹19.83 Cr | 0.16% |
| 0% GOI - 17062024 STRIPS | Bond - Gov't/Treasury | ₹18.91 Cr | 0.16% |
| 0% GOI- 17122024 STRIPS | Bond - Gov't/Treasury | ₹18.26 Cr | 0.15% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹15 Cr | 0.12% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹14.98 Cr | 0.12% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹14.97 Cr | 0.12% |
| Pipeline Infrastructure Ltd. 7.96% | Bond - Corporate Bond | ₹14.96 Cr | 0.12% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹14.53 Cr | 0.12% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.08% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹9.97 Cr | 0.08% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹9.94 Cr | 0.08% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹9.93 Cr | 0.08% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹9.89 Cr | 0.08% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹9.83 Cr | 0.08% |
| 08.24 Tn SDL 2025sep | Bond - Gov't/Treasury | ₹5.05 Cr | 0.04% |
| 08.23 MH Sdl 2025 | Bond - Gov't/Treasury | ₹5.05 Cr | 0.04% |
| 08.16 MH Sdl 2025 | Bond - Gov't/Treasury | ₹5.05 Cr | 0.04% |
| Goi Strips 16122024 | Bond - Gov't/Treasury | ₹0.55 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹6,892.69 Cr | 57.16% |
| Cash - CD/Time Deposit | ₹2,615.28 Cr | 21.69% |
| Bond - Gov't/Treasury | ₹1,258.21 Cr | 10.43% |
| Cash - Commercial Paper | ₹880.26 Cr | 7.30% |
| Cash - Repurchase Agreement | ₹156.84 Cr | 1.30% |
| Bond - Short-term Government Bills | ₹114.56 Cr | 0.95% |
| Cash | ₹89.05 Cr | 0.74% |
| Mutual Fund - Open End | ₹38.17 Cr | 0.32% |
| Bond - Asset Backed | ₹14.53 Cr | 0.12% |
Risk & Performance Ratios
Standard Deviation
This fund
0.55%
Cat. avg.
0.73%
Lower the better
Sharpe Ratio
This fund
1.22
Cat. avg.
-0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.13
Higher the better
Fund Managers
SC
Sunaina Cunha
Since June 2014
KG
Kaustubh Gupta
Since July 2011
Monika Gandhi
Since March 2021
Dhaval Joshi
Since November 2022
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF209K01UR9 | Expense Ratio | 0.39% | Exit Load | No Charges | Fund Size | ₹12,633 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Ultra Short Duration Debt TR INR |
|---|
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹240.88 Cr | 6.6% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹525.85 Cr | 6.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1259.19 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1259.19 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹284.82 Cr | 6.9% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹284.82 Cr | 6.3% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2349.32 Cr | 6.9% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹5653.60 Cr | 6.9% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹220.10 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹220.10 Cr | 7.5% |
About the AMC
Total AUM
₹3,44,491 Cr
Address
One World Centre, Tower 1, 17th Floor, Mumbai, 400 013
Other Funds by Aditya Birla SL Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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We're here to help.
What is the current NAV of Aditya Birla Sun Life Savings Fund Direct Growth?
The NAV of Aditya Birla Sun Life Savings Fund Direct Growth, as of 17-May-2024, is ₹511.32.
What are the returns of Aditya Birla Sun Life Savings Fund Direct Growth?
The fund has generated 7.66% over the last 1 year and 6.00% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Aditya Birla Sun Life Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 62.70% in bonds, and 36.99% in cash and cash equivalents.
Who manages the Aditya Birla Sun Life Savings Fund Direct Growth?
The fund managers responsible for Aditya Birla Sun Life Savings Fund Direct Growth are:-
- Sunaina Cunha
- Kaustubh Gupta
- Monika Gandhi
- Dhaval Joshi
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.