Aditya Birla Sun Life Fund NAV & Performance: Detailed Analysis

The Aditya Birla Sun Life Medium to Long Term Fund Direct-IDCW Quarterly, launched on January 1, 2013, aims to generate consistent income through superior yields while maintaining moderate risk levels. As of August 31, 2026, its Net Asset Value (NAV) for the Direct plan’s IDCW Quarterly option stood at Rs 14.09.

This open-ended debt scheme, managed by Aditya Birla Sun Life Mutual Fund, is benchmarked against the CRISIL Medium to Long Duration Debt A-III Index.

• Expense Ratio (as of August 27, 2026): 0.69%
• Assets Under Management (AUM) (as of July 31, 2026): Rs 1,780.07 crore
• Risksometer Rating: Moderate
• Return Grade: Below Average

The fund has delivered varied trailing returns across different time horizons, reflecting its investment strategy and market conditions. The fund does not apply an exit load.

• 1-Year Trailing Return: 4.6%
• 3-Year Trailing Return: 6.39%
• 5-Year Trailing Return: 5.74%
• Return Since Launch: 7.58%

Its portfolio emphasizes government-backed securities, contributing significantly to its overall asset allocation and duration metrics. This allocation shapes its risk-return profile.

• Allocation to Government-Backed Securities: 67.28%
• Average Maturity: 14.78 years
• Modified Duration: 6.6 years

Investors face specific tax implications that differentiate between investments made before and after April 1, 2023, for capital gains. Additionally, dividend income exceeding Rs 5,000 in a financial year is subject to a 10% Tax Deducted at Source (TDS).

The fund is currently managed by a team that includes Bhupesh Bameta, who assumed his role on August 6, 2020. Neeraj Kumar has been a fund manager since October 2012, and Ardhendu Bhattacharya joined in December 2024.