Aditya Birla Sun Life Medium Term Plan is an open-ended medium-term debt scheme. It invests in instruments where the portfolio’s Macaulay duration is between 3 years and 4 years. The scheme’s investment objective is to generate regular income and capital appreciation, primarily by putting money in a portfolio of debt securities with medium term maturity. The product is best suitable for investors whose risk appetite is moderate.
About Aditya Birla Capital: Aditya Birla Capital Limited - a part of Aditya Birla Group - provides end to end financial solutions. The company’s subsidiaries have a nationwide reach with over 850 branches, 2,00,000 plus agents / channel partners and a number of bank partners. ABCL, as of June 30th, 2019, managed aggregate assets worth over Rs. 3,000 billion. It additionally reported a consolidated lending book of more than Rs. 619 billion, through its subsidiaries and joint ventures.
(Note – All the information contained in this page has been sourced from the official website of Aditya Birla Capital.)
The features of Aditya Birla Sun Life Medium Term Plan are as under:
The performance of Aditya Birla Sun Life Medium Term Plan is benchmarked to the performance of CRISIL AA Short Term Bond Fund Index.
Scheme Performance: Compounded annualised returns (%) of Growth options as at April 30, 2019:
| Returns | Last 1 Year | Last 3 Year | Last 5 Year | Since Inception(30/09/1994) |
|---|---|---|---|---|
| ABSL MTP - Regular Plan Inception - March 25, 2009 | 3.82% | 6.54% | 8.18% | 8.49% |
| CRISIL Composite AA Short Term Bond Fund Index | 8.23% | 8.39% | 8.97% | 9.34 |
| ABSL MTP - Direct Plan Inception – January 01, 2013 | 4.60% | 7.35% | 8.92% | 9.38% |
| CRISIL Composite AA Short Term Bond Fund Index | 8.23% | 8.97% | 9.16% |
*Absolute Returns Source: Aditya Birla Sun Life Medium Term Plan brochure
| Issuer | % to Net Assets |
|---|---|
| SP Imperial Star Pvt Ltd. SR-A (23-Mar-22) | 7.26% |
| Adilink Infra & Multitrading Pvt Ltd. (28-Mar-20) | 6.93% |
| Sprit Textiles Pvt Ltd. (30-Apr-21) | 5.3% |
| Air India Assets Holdings Ltd. 6.99% (16-Dec-22) | 4.6% |
| 07.32% GOI - 28-Jan-2024 | 3.8% |
Source: Aditya Birla Capital website
| Sector | Weightage |
|---|---|
| Financials | 37.8% |
| Unknown/Misc. | 21.4% |
| SOV | 17.9% |
| Consumer Service | 10.8% |
| Power Utilities | 5.8% |
| Infra and Cons. | 5.4% |
| Oil and Gas | 0.8% |
| Automobiles | 0.2% |
Source: Aditya Birla Capital website
Individuals have the option to invest in Aditya Birla Sun Life Medium Term Plan either online or offline. Under the online mode, users simply need to log in to their account, enter their fund details and proceed with making the payment. Those who intend to take the offline approach can visit one of the company’s branch offices and place a request to invest in the scheme. The website of Aditya Birla Capital provides users the facility of locating nearby branches by simply entering the name of the city they reside in.
Some of the entities who are eligible to invest in this scheme include:
KYC is mandatory for all category of investors who want to invest in the schemes of Aditya Birla Sun Life Mutual Fund. This would involve submission of documents that serve as proof of identity and proof of address.
The documents that can serve as proof of identity include:
The documents that can serve as evidence of address include:
