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Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life AMC Limited

    • ABSL CRISIL Liquid Overnight ETF

    Debt ETF

    An open-ended Exchange Traded Fund replicating the CRISIL Liquid Overnight Index. A relatively low interest rate risk and relatively low credit risk

    AUM (In crores)

    NAV

    Annualized Returns %

    Annualized

    Returns %

    1 Year

    3 Year

    5 Year

    Since Inception

    Aditya Birla Sun Life CRISIL Liquid Overnight ETF

    SIP Amount
    Min . ₹ 0
    Lumpsum Amount
    Min. ₹ 0

    Fund Overview

    ADITYA BIRLA SUN LIFE CRISIL LIQUID OVERNIGHT ETF, is an open-ended Exchange Traded Fund replicating the CRISIL Liquid Overnight Index. A relatively low interest rate risk and relatively low credit risk.

    Investment Objective

    The investment objective of the Scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL Liquid Overnight Index before expenses, subject to tracking error.

    The Scheme does not guarantee/indicate any returns. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

    Why one can invest:

    • check-circle

      If you are looking for high liquidity to grab investing/trading opportunities.

    • Whilst continuing to earn better short-term returns on your idle, ‘ready-to-trade’ money as opposed to nil returns earned on idle cash in trading accounts.

    • If you are looking for a low-risk investment through a high-quality instrument (TREPS backed by a collateral) for this short-term need.

    • If you are looking for a convenient and low-cost cash management strategy for investing and trading.

    Fund Details

    CAGR

    Latest NAV

    (as on )

    AUM

    ()

    Inception Date

    ()

    Risk

    Investment Horizon

    Very short, often few days/weeks

    Annualized Benchmark Returns

    Min Investment

    Entry load

    NIL

    Exit load

    NIL

    Total Expense Ratio (TER)

    Sharpe Ratio

    Beta Ratio

    Other Parameters

    Standard Deviation

    Modified Duration

    -

    Yield to Maturity

    -

    Portfolio Turnover:

    -

    Average Maturity

    -

    Macaulay Duration

    -

    Net Equity Exposure

    -

    Fund Managers

    Mr. Sanjay Pawar

    Mr. Sanjay is associated with Adity...
    Read More

    Ms. Sunaina da Cunha

    Ms. Sunaina da Cunha is the Co-Head...
    Read More

    Riskometer

    Risk meter image 1
    Risk meter image 2

    (An open-ended Exchange Traded Fund replicating the CRISIL Liquid Overnight Index. A relatively low interest rate risk and relatively low credit risk)

    This product is suitable for investors who are seeking

    • Short term income with liquidity

    • An open ended Exchange Traded Fund that seeks to track CRISIL Liquid Overnight Index

    *Investors should consult their financial advisers if in doubt whether the product is suitable for them

    Portfolio & Sector Holdings

    Retail

    % of Net Assets

    Sector Holdings

    Dividend History

    Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.

    Investment Performance

    IDCW Plan of this scheme has distributed income to its investors out of its earnings, from time to time. The details of the same is tabulated:
    Declared on date IDCW Yield (Regular Plan) IDCW Per Unit Cum IDCW NAV

    Fund Summary

    - Investable/trading opportunities in the stock market tend to be short-lived, making it necessary to have adequate liquidity to grab them in a timely manner

    - Keeping excessive cash in trading accounts but comes with its disadvantages – from loss of returns on idle cash, encouraging behavioural often rash investing to hassles of margin management

    - What if there was a simpler way to manage cash for timely trades whilst also overcoming the defects of excessive cash liquidity?

    - Aditya Birla Sun Life CRISIL Liquid Overnight ETF is a short-term open-ended debt ETF which is conceptualised precisely for meeting this very need.

    - It is a passively managed ETF that tracks and replicates the CRISIL Overnight Fund AI Index. This index is comprised of TREPS i.e.: Tri-party repo securities that have a one-day maturity.

    - It aims to offer investors liquidity along with overnight risk-free returns.

    - This fund is best suited for very short-term purpose i.e.: as a tool to effectively manage cash for trades.


    How does Aditya Birla Sun Life CRISIL Liquid Overnight ETF Fund works?


    Investors/traders place sell order of shares and simultaneously place buy order of equivalent value in fund units

    Investors/traders earn IDCW on fund units credited to demat. Further units can be used as collateral if required for margin requirement (typically ~90-92%)

    When investors/traders wish to capitalise on an investing/trading opportunity, they can simultaneously sell fund units and place buy order for desired shares

    Thus, Aditya Birla Sun Life CRISIL Liquid Overnight ETF Fund provides commensurate liquidity as conventional trading with the added benefit of earning returns



    Fund discipline

    - The Scheme invests minimum of 95% (up to 100%) of its net assets in instruments comprising CRISIL Liquid Overnight Index i.e.: in TREPS

    - It can also invest up to 5% in cash and money market instruments

    - As the fund is a passively managed ETF, the index will be tracked on a regular basis and changes to the constituents or their weights, if any, will be replicated in the portfolio with the purpose of minimising tracking errors.

    Tax Applicability

    Capital Gains

    Since the investment horizon is few days/weeks, capital gains on sale of investment should result in Short-term capital gains. Gains/income received would be considered as income for the investors and hence would be taxed at applicable tax slab rates.

    Forms & Downloads

    Portfolio

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    KIM

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    SID

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    Investors also viewed

    ABSL

    Medium Term Plan

    REG-G
    • Saving
    • Debt - Medium Duration

    8.70 %

    Annualized Returns

    Since Inception
    1Y
    3Y
    5Y

    AUM:

    NAV:

    Exit Load Duration:

    1 Y
    img

    In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switched out without any exit load from the date of allotment.
    Any redemption in excess of the above limit shall be subject to the following exit load:
    - For redemption / switch-out of units on or before 1 year from the date of allotment: 2.00% of applicable NAV.
    - For redemption / switch-out of units after 1 year but on or before 2 years from the date of allotment: 1.00% of applicable NAV.
    - For redemption / switch-out of units after 2 years: Nil
    The Load Structure is subject to change from time to time and shall be implemented prospectively and will be calculated on First in First Out (FIFO) basis. For further details on Load Structure, please refer Part D of this Scheme Information Document.

    Start SIP
    Lumpsum

    ABSL

    Short Term Fund

    REG-G
    • Saving
    • Debt - Short Duration

    7.25 %

    Annualized Returns

    Since Inception
    1Y
    3Y
    5Y

    AUM:

    NAV:

    Exit Load Duration:

    NIL
    Start SIP
    Lumpsum

    ABSL

    Low Duration Fund

    REG-G
    • Saving
    • Debt - Low Duration

    7.17 %

    Annualized Returns

    popper 5
    Lac + Investor and Counting
    Since Inception
    1Y
    3Y
    5Y

    AUM:

    NAV:

    Exit Load Duration:

    NIL
    Start SIP
    Lumpsum

    ABSL

    Liquid Fund

    REG-G
    • Saving
    • Debt - Index Fund

    6.98 %

    Annualized Returns

    popper 4
    Lac + Investor and Counting
    Since Inception
    1Y
    3Y
    5Y

    AUM:

    NAV:

    Exit Load Duration:

    7 D
    img

    Investor Exit upon subscription (Exit load as % of redemption) - Day 1 - 0.0070%,
    Day 2 - 0.0065%,
    Day 3 - 0.0060%,
    Day 4 - 0.0055%,
    Day 5 - 0.0050%,
    Day 6 - 0.0045%,
    Day 7 Onwards - 0.0000%

    Start SIP
    Lumpsum

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    Frequently Asked Questions

    Being an ETF, the units of this fund are traded through the stock exchange. Thus, investors can purchase units of the fund from the stock exchange. Typically, when investors sell any listed share, they can simultaneously place a buy order for units of this fund of equivalent value.

    Being an ETF, the units of this fund are traded through the stock exchange. Thus, investors can redeem their investment by directly selling them on the stock exchange. Simultaneously, invests can also purchase any listed security of equivalent amount.

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