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ADITYA BIRLA SUN LIFE GOVERNMENT SECURITIES FUND REVIEW

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ADITYA BIRLA SUN LIFE GOVERNMENT SECURITIES FUND

Aditya Birla Sun Life mutual fund is a joint venture between Aditya Birla Group & Sun Life Financial which is one of the leading Canada based international financial services. Also, it is one of the leading fund houses based on average.  

About Aditya Birla Sun Life Government Securities 

It is a debt mutual fund scheme that was launched by Aditya Birla Sun Life. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Ashish Kela, and Pranay Sinha. Talking about AUM, it is of INR 272 Cr, and, the latest NAV is of INR 62.54 (dated as of 24th April 2020). The fund growth is rated as moderate risk. Also, minimum SIP investment is INR 1000, an, minimum lumpsum investment is INR 1000.  

Investment Objective 

The aim of the scheme is to provide a convenient way-out for investors to participate in Government securities market, also, seeking to generate income & capital-appreciation through investments exclusively in Government securities.  

Tax Implications 

Returns are taxed as per the income Tax Slab, only if sold before 3 years.  

Pros of the Fund 

Here: 

  • 1-year returns are higher as compared to the benchmark 
  • 3-year returns are higher than the benchmark 
  • 5-year returns are higher as compared to the benchmark 
  • Exit load is ZERO 

Top Holdings 

Name  Sector  Instrument  % Assets 
GOI  Sovereign  GOI Sec  13.2% 
Tamil Nadu State  Others  SDL  4.0% 
Karnataka State  Others  SDL  2.0% 
Jharkhand State  Others  SDL  0.2% 

 

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected]  

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*Disclaimer: investment in securities market are subject to market risks, read all the related documents carefully before investing

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