Aditya Birla SL Money Manager Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 359.5902   0.0343(0.01 %) NAV as on 24 Dec 2024
Prime Rating: 4.5 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 25,834.44
Fund category:
Money Market
Fund manager(s):
Kaustubh Gupta, Mohit Sharma, Anuj Jain
Benchmark:
CRISIL Money Market Index
Minimum investment:
₹ 1000
Launch date:
31 Dec 2012
Min. additional investment:
₹ 1000
Expense ratio:
0.22 %
Exit load:
N/A

Scheme Objective: The primary objective of the scheme is to generate regular income through investment in a portfoliocomprising of money market instruments.


Performance (As on 24 Dec 2024)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.09 % 1.81 %3.72 % 7.83 % 6.77 %6.20 % 7.41 %

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
Punjab National Bank (07/02/2025) ** #
Certificate of Deposit
3.15%
IND A1+
Small Industries Development Bank of India (07/02/2025) ** #
Certificate of Deposit
2.96%
CARE A1+
182 DAYS T-BILL 13MAR25
Treasury Bills
2.47%
Sovereign
364 DAYS T-BILL - 13FEB2025
Treasury Bills
1.91%
Sovereign
Kotak Mahindra Bank Limited (20/02/2025) ** #
Certificate of Deposit
1.91%
CRISIL A1+
IDFC First Bank Limited (25/02/2025) ** #
Certificate of Deposit
1.9%
CRISIL A1+
HDFC Bank Limited (28/02/2025) ** #
Certificate of Deposit
1.9%
ICRA A1+
State Government Securities (02/02/2025)
Government Securities
1.82%
Sovereign
State Government Securities (15/03/2025)
Government Securities
1.8%
Sovereign
National Bank For Agriculture and Rural Development (28/02/2025) ** #
Certificate of Deposit
1.71%
CRISIL A1+

About this category

Money market debt funds invest in money market instruments such as commercial paper, certificate of deposits and treasury bills. While their average maturity can vary, it tends to hold around or below 1 year. These funds may deliver losses on a day-to-day basis but are generally low volatile. While most funds pick instruments that have a high credit rating, some can go into papers with lower credit ratings in order to deliver higher return.

Suitability

These funds suit any investor with investment horizons of 6 months to a year. Ensure that funds do not have a high share of low-rated debt. These funds can also be used to maintain emergency money as well.

Taxation
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