BB
Bhupesh BametaLead
Since Aug 2020
AUM managed
₹18,033.65Cr
Tenure
Since Aug 2020
Funds
17
ABSL Income Discipline Advantage
Medium to Long Duration FundAditya Birla Sun Life Mutual Fund
NAV
₹30.02
+0.01% today
AUM
₹1,770.21 Cr
Fund size
Expense
0.93%
Regular plan
Min SIP
₹1,000
per month
Min Lumpsum
₹5,000
one-time
Exit Load
0.0
on redemption
Fund snapshot
Category rank#6 of 12
Risk-o-meterModerate Risk
BenchmarkCRISIL Mid to Long Duration Debt TR INR (100%)
Number of holdings64
Inception12 Mar 2009
Exit load0.0
Debt metrics
Modified duration6.6 yrs
Average maturity14.78 yrs
Yield to maturity7.54%
Average credit qualityAAA
Standard deviation2.14%
Capital gains tax
Debt
STCG · short-term
Slab RateShort-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
LTCG · long-term
Slab RateLong-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
Debt and other non-equity mutual fund gains are taxed at the investor's slab rate.
Fund managers
About ABSL Income Discipline Advantage
ABSL Income Discipline Advantage is an open-ended Medium to Long Duration Fund mutual fund scheme offered by Aditya Birla Sun Life Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹30.02 per unit and the scheme manages ₹1,770.21 Cr in assets under management. The fund charges an expense ratio of 0.93% and is benchmarked against CRISIL Mid to Long Duration Debt TR INR (100%). Over the trailing 5 years, ABSL Income Discipline Advantage has delivered +6.82% returns. SEBI's riskometer places this scheme in the Moderate Risk category, so read the scheme information document before investing.
Investment objective
The objective of the scheme is to generate consistent income through superior yields on its investments at moderate levels of risk through a diversified investment approach. This income may be complemented by price changes of instruments in the portfolio.
Regular Plan · Growth option · NAV as of 20 Sept 2024
ABSL Income Discipline Advantage returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | +0.97% | -0.99% |
| 3 months | +2.73% | -0.91% |
| 6 months | +4.94% | +1.32% |
| 1 year | +8.51% | +1.99% |
| 3 years | +5.43% | +6.11% |
| 5 years | +6.82% | +5.30% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | -0.60% |
| 3 months | -- | -0.63% |
| 6 months | -- | +2.69% |
| 1 year | -- | +3.01% |
| 3 years | -- | +17.04% |
| 5 years | -- | +25.78% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
ABSL Income Discipline Advantage — frequently asked questions
What is the NAV of ABSL Income Discipline Advantage?
The latest net asset value (NAV) of ABSL Income Discipline Advantage is ₹30.02 per unit, +0.01% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has ABSL Income Discipline Advantage delivered?
ABSL Income Discipline Advantage has returned +6.82% over the trailing 5 years (1 year: +8.51%, 3 years: +5.43%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of ABSL Income Discipline Advantage?
ABSL Income Discipline Advantage charges an expense ratio of 0.93% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is ABSL Income Discipline Advantage?
SEBI's riskometer classifies ABSL Income Discipline Advantage as Moderate Risk, which is typical for a Medium to Long Duration Fund scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in ABSL Income Discipline Advantage?
You can start a SIP in ABSL Income Discipline Advantage from ₹1,000 per month, and the minimum lumpsum investment is ₹5,000.
Who manages ABSL Income Discipline Advantage?
ABSL Income Discipline Advantage is managed by Aditya Birla Sun Life Mutual Fund, holds ₹1,770.21 Cr in assets under management and invests across 64 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Aditya Birla Sun Life Mutual Fund
- Scheme category
- Debt
- Scheme sub-category
- Medium to Long Duration Fund
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF209K01LD8
- Scheme code
- FSGBR071GT