Aditya Birla Sun Life Money Manager Fund Regular-I...
(Scheme Rating)
NAV as of Aug 29, 2024
100.03-0.01%
- IDCW Daily - Regular
(Earn upto 0.13% Extra Returns with Direct Plan)
Fund Category:
Debt: Money Market
Expense Ratio:
0.35%(0.50% Category
average)Fund Size:
Rs. 26,499.23 Cr(9.61% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Aditya Birla Sun Life Money Manager Fund Regular-IDCW Da...
(Scheme Rating)
NAV as of Aug 29, 2024
100.03-0.01%
Expense Ratio:
0.35%
Fund Size:
Rs. 26,499.23 Cr
Fund Category:
Debt: Money Market
1. Current NAV: The Current Net Asset Value of the Aditya Birla Sun Life Money Manager Fund - Regular Plan as of Aug 29, 2024 is Rs 100.03 for IDCW Daily option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 7.63% (1yr), 6.21% (3yr), 6.01% (5yr) and 7.44% (since launch). Whereas, Category returns for the same time duration are: 7.25% (1yr), 5.83% (3yr) and 5.65% (5yr).
3. Fund Size: The Aditya Birla Sun Life Money Manager Fund - Regular Plan currently holds Assets under Management worth of Rs 26499.23 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.35% for Regular plan as on Jul 31, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 1000.
Aditya Birla Sun Life Money Manager Fund Regular-IDCW Daily Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.58 1.85 3.84 7.63 6.21 6.01 Category Avg 0.56 1.77 3.65 7.24 5.83 5.65 Rank within Category 4 2 2 1 3 1 No. of funds within Category 23 23 23 23 20 16 - Loading...
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Return Comparison
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Aditya Birla Sun Life Money Manager Fund Regular-IDCW Daily Fund Details
Investment Objective - The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
Fund House | Aditya Birla Sun Life Mutual Fund |
Launch Date | Oct 10, 2005 |
Benchmark | NIFTY Money Market Index B-I |
Return Since Launch | 7.44% |
Riskometer | Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | High |
Aditya Birla Sun Life Money Manager Fund Regular-IDCW Daily Investment Details
Minimum Investment (Rs.) | 1,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 1,000.00 |
Minimum Withdrawal (Rs.) | 1.00 |
Exit Load | 0% |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 0.51 | 0.9564 | 0.0842 | 0.5294 |
Average Maturity(Yrs) | 0.52 | 0.9572 | 0.0908 | 0.55 |
Yield to Maturity(%) | 7.56 | 7.93 | 6.73 | 7.4598 |
Avg Credit Rating | Low | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 11.69 | 13.74 |
Low Risk | 87.78 | 85.45 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 0.54 | 0.81 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | - | 0.10 |
CD | 56.86 | 55.99 |
T-Bills | 7.74 | 10.76 |
CP | 29.19 | 28.42 |
NCD & Bonds | - | - |
PTC | - | - |
Cash & Others | 6.12 | 4.71 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
Punjab National Bank | Short-term Debt | Financial | A1+ | 11,793.36 | 4.45 | - |
Small Industries Devp Bank of India Ltd | Short-term Debt | Financial | A1+ | 8,903.55 | 3.36 | - |
National Bank For Agriculture & Rural Development | Short-term Debt | Financial | A1+ | 6,007.62 | 2.27 | 12,500 |
Axis Bank Ltd | Short-term Debt | Financial | A1+ | 4,819.97 | 1.82 | 10,000 |
HDFC Bank Ltd | Short-term Debt | Financial | A1+ | 4,816.89 | 1.82 | - |
Reserve Bank of India | Short-term Debt | Financial | SOV | 4,824.60 | 1.82 | - |
HDFC Bank Ltd | Short-term Debt | Financial | A1+ | 4,793.29 | 1.81 | 10,000 |
Kotak Mahindra Bank Ltd | Short-term Debt | Financial | A1+ | 4,801.84 | 1.81 | - |
IDFC First Bank Ltd | Short-term Debt | Financial | A1+ | 4,795.19 | 1.81 | 10,000 |
Madhya Pradesh State | Long-term Debt | Others | SOV | 4,662.57 | 1.76 | - |
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Aditya Birla Sun Life Money Manager Fund Regular-IDCW Daily 100.03 26,499.23 0.56 7.60 6.22 6.01 UTI Money Market Fund Regular Plan-IDCW Daily 1,139.77 15,169.71 0.56 7.56 6.23 5.88 Axis Money Market Fund Regular-IDCW Daily 1,005.61 12,947.57 0.56 7.55 6.16 5.92 Tata Money Market Fund Regular-IDCW Daily 1,114.52 26,884.76 0.55 7.58 6.17 5.95 Nippon India Money Market Fund-IDCW Daily 1,004.37 17,694.49 0.55 7.58 6.24 5.90
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
0.57VS0.58Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
1.22VS1.24Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.78VS0.18Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
0.37VS0.09Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
2.94VS2.63Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
5.98VS5.63Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Aditya Birla Sun Life Mutual Fund News
Fund Manager
- K.G.Kaustubh GuptaSince Jul 20118 schemes
- A.J.Anuj JainSince Mar 20211 schemes
- M.S.Mohit SharmaSince Apr 20172 schemes
Mr. Gupta is a B.Com and a Chartered Accountant. Prior to joining Aditya Birla Sun Life AMC he has worked with ICICI Bank.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Aditya Birla Sun Life Liquid Fund Regular-Daily IDCW Liquid 100.20 51,273.51 7.34 Aditya Birla Sun Life Floating Rate Fund Regular-IDCW Daily Floater 100.66 12,634.50 7.64 Aditya Birla Sun Life Savings Regular-IDCW Daily Ultra Short Duration 100.26 14,453.67 7.47 Aditya Birla Sun Life Overnight Fund Regular-IDCW Daily Overnight 1,000.02 7,080.32 6.70 Aditya Birla Sun Life Low Duration Fund Regular-IDCW Daily Low Duration 100.56 10,832.55 6.88 Aditya Birla Sun Life Liquid Fund Retail-Daily IDCW Liquid 163.69 Unrated 51,273.51 7.34 Aditya Birla Sun Life Money Manager Fund Ret-Daily IDCW Money Market 100.03 Unrated 26,499.23 7.63 Aditya Birla Sun Life Savings Retail-IDCW Daily Ultra Short Duration 100.27 Unrated 14,453.67 7.47 Mr. Jain is a B.Com (H) from Hansraj College and MBA from Amity Business School. Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Escorts MF, Mata Securities and DSP Investment Managers.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Aditya Birla Sun Life Money Manager Fund Ret-Daily IDCW Money Market 100.03 Unrated 26,499.23 7.63 Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta). Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Aditya Birla Sun Life Low Duration Fund Regular-IDCW Daily Low Duration 100.56 10,832.55 6.88 Aditya Birla Sun Life Money Manager Fund Ret-Daily IDCW Money Market 100.03 Unrated 26,499.23 7.63
More Aditya Birla Sun Life Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Aditya Birla Sun Life Liquid Fund Regular-Growth | 44,331.38 | 0.60 | 1.86 | 3.73 | 7.26 | 5.71 | |
Aditya Birla Sun Life Liquid Fund Retail- Growth | 44,331.38 | 0.60 | 1.86 | 3.73 | 7.26 | 5.71 | |
Aditya Birla Sun Life Frontline Equity Fund Regular-Growth | 27,274.77 | 6.07 | 11.31 | 15.34 | 32.58 | 17.79 | |
Aditya Birla Sun Life Money Manager Fund Regular-Growth | 23,737.60 | 0.63 | 1.93 | 3.92 | 7.50 | 6.00 | |
Aditya Birla Sun Life Money Manager Fund Ret-Growth | 23,737.60 | 0.63 | 1.93 | 3.92 | 7.50 | 6.00 | |
Aditya Birla Sun Life Corporate Bond Fund Regular-Growth | 22,042.26 | 0.78 | 1.97 | 4.05 | 7.49 | 5.81 | |
Aditya Birla Sun Life Flexi Cap Fund Regular-Growth | 20,473.40 | 6.26 | 12.39 | 16.70 | 36.80 | 16.71 | |
Aditya Birla Sun Life ELSS Tax Saver Regular-Growth | 15,481.43 | 6.89 | 14.30 | 17.92 | 35.37 | 12.79 | |
Aditya Birla Sun Life Savings Regular-Growth | 13,579.62 | 0.61 | 1.96 | 3.86 | 7.38 | 5.89 | |
Aditya Birla Sun Life Savings Retail-Growth | 13,579.62 | 0.61 | 1.96 | 3.86 | 7.38 | 5.89 |
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1. Aditya Birla Sun Life Money Manager Fund - Regular Plan is Open-ended Money Market Debt scheme which belongs to Aditya Birla Sun Life Mutual Fund House.
2. The fund was launched on Oct 10, 2005.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments. "
2. It is benchmarked against NIFTY Money Market Index B-I.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of Aditya Birla Sun Life Money Manager Fund - Regular Plan is 0.52 years and Duration is 0.51 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on Aditya Birla Sun Life Money Manager Fund Regular-IDCW Daily
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Aditya Birla Sun Life Money Manager Fund Regular-IDCW Daily
- Is it safe to invest in Aditya Birla Sun Life Money Manager Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Aditya Birla Sun Life Money Manager Fund - Regular Plan comes under Moderate risk category.
- What is the category of Aditya Birla Sun Life Money Manager Fund - Regular Plan?Aditya Birla Sun Life Money Manager Fund - Regular Plan belongs to the Debt : Money Market category of funds.
- How Long should I Invest in Aditya Birla Sun Life Money Manager Fund - Regular Plan?The suggested investment horizon of investing into Aditya Birla Sun Life Money Manager Fund - Regular Plan is <1 year. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Aditya Birla Sun Life Money Manager Fund - Regular Plan?The Aditya Birla Sun Life Money Manager Fund - Regular Plan is managed by Kaustubh Gupta (Since Jul 15, 2011) , Anuj Jain (Since Mar 22, 2021) and Mohit Sharma (Since Apr 01, 2017).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.