Fund has been able to generate better returns than other funds in same sector
Less expense ratio implies better returns over the long term
Fund has not been able to generate better price return than bank FD
Credit rating of debt intruments is high and default probability is low
Ultra short duration funds are debt funds that lend to companies for a short duration of 3 to 6 months. They are very low-risk funds.
Gains are added to taxable income and taxed according to the individual's income tax slab
Gains are taxed at 20% with indexation benefit
Expected growth rate
Aditya Birla Sun Life AMC Limited, is a joint venture between the Aditya Birla Group and the Sun Life Financial Inc. of Canada. The joint venture brings together Aditya Birla Group's experience in the Indian market and Sun Life's global experience.
₹ 2,56,166.08 Cr.