Investment Objective and Approach

The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments. The fund aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, and may also invest a portion of its net assets in fixed rate debt securities and money market instruments.

The fund is mandated to invest in bonds having maturity of up to one year and therefore, it is suitable to invest in for a similar time frame. Money Market debt funds invest in bonds with a maturity of up to one year and aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit.

Key investment approach highlights:

- Investment in Money Market instruments having maturity up to 1 year

- Focus on floating rate debt and money market securities

- Low-risk debt investment strategy

- Yield to Maturity is 6.91% and Modified Duration is 0.65 as of April 2025

Fund Managers

The fund is managed by Anuj Jain, Kaustubh Gupta, and Mohit Sharma. The fund management details reveal:

- Mr. Kaustubh Gupta manages 11 total schemes

- Mr. Mohit Sharma manages 23 total schemes

- Mr. Anuj Jain manages 1 total scheme

Fund Manager Experience:

- Mr. Gupta is a B.Com and Chartered Accountant who previously worked with ICICI Bank, while Mr. Jain holds B.Com (H) from Hansraj College and MBA from Amity Business School

- Mr. Sharma is B.Tech (IIT - Madras) and PGDCM (IIM Calcutta), previously ran his own healthcare-tech business and worked as an Interest Rates Trader in Standard Chartered Bank and ICICI Bank Ltd

About the Fund House (AMC)

Aditya Birla Sun Life Mutual Funds (ABSLMF) is a joint-venture company co-sponsored by Aditya Birla Capital Limited and Canada-based Sun Life AMC Investments, Inc. It was established in 1994 and has successfully completed 25 years in the Indian financial landscape.

Company Credentials:

- The Aditya Birla Group is the 3rd largest business conglomerate in India, with gross revenue in excess of $41 billion

- Sun Life is one of the largest life insurance providers in the world and ranks 236th on the Fortune 500 list

- It is one of the largest fund houses in India and commenced operations after registering with SEBI in 1994

Fund House Statistics:

- Total of 175 schemes offered by the AMC

- Services around 7.9 million investor folios with pan India presence across 280 plus locations

- Primary commitment to increase mutual fund penetration in India, with over 83.2 million mutual fund folios aggregating over Rs. 25.43 trillion as of May 2019

Should I Invest in Aditya Birla Sun Life Money Manager Fund?

This money market fund is designed for specific investor profiles and investment goals:

Suitable For:

- Investors seeking regular income with low risk

- Short-term investment horizon (up to 1 year)

- Portfolio diversification with debt allocation

- Those looking to keep their money safe

Key Performance Metrics (as of July 2025):

- AUM of ₹25,693 Cr as of July 31, 2025

- 5-year annualized returns of 6.23% (Direct Plan) and 6.10% (Regular Plan) as of July 28, 2025

- Since inception returns of 7.44%

- Expense ratio of 0.33%

Important Considerations:

- Risk of incurring a loss over the timeframe is low but funds do not guarantee returns or safety of capital

- Such funds are usually more suited to institutional investors, and retail investors can avoid these funds altogether

- These funds usually deliver low returns which are only marginally higher than bank accounts and are not suitable if your aim is to build wealth in the long run

Investment Details:

- Minimum investment: ₹1,000 for both lump sum and SIP

- No lock-in period

- Moderate risk level as per riskometer

FAQs

What is today's NAV of Aditya Birla Sun Life Money Manager Fund?

The latest NAV is ₹372.69 (Regular Plan) and ₹377.57 (Direct Plan) as of July 28, 2025. NAV changes daily based on market conditions.

What is the AUM of Aditya Birla Sun Life Money Manager Fund?

The fund has an AUM of ₹25,693 Cr as of July 31, 2025. This reflects the total value of assets managed by the fund.

What is the expense ratio of Aditya Birla Sun Life Money Manager Fund?

The expense ratio is 0.33%, which covers fund management and operational costs charged to investors annually.

What are the returns of Aditya Birla Sun Life Money Manager Fund since inception?

The fund has delivered 7.44% returns since inception. The fund was launched on October 10, 2005.

What is the minimum SIP amount to invest in Aditya Birla Sun Life Money Manager Fund?

The minimum SIP amount is ₹1,000. This allows investors to start systematic investments with affordable monthly contributions.

How do I invest in Aditya Birla Sun Life Money Manager Fund?

You can invest through Allvest's platform after completing KYC requirements. Alternatively, invest directly through the AMC website or authorized distributors.

How to start a SIP in Aditya Birla Sun Life Money Manager Fund?

Log into your Allvest account, search for the fund, select SIP option, choose investment amount and frequency, then set up auto-debit for seamless monthly investments.

How do I automate an SIP in Aditya Birla Sun Life Money Manager Fund?

Enable auto-pay mandate through Allvest platform or set up automatic bank transfers. This ensures consistent monthly investments without manual intervention each time.

How can I withdraw/redeem my investment in Aditya Birla Sun Life Money Manager Fund?

Submit redemption request through Allvest platform or AMC website. There's no lock-in period, so you can redeem anytime with proceeds typically credited within 1-3 business days.