Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account

1. Aditya Birla Sun Life
November 2022
(An open ended low duration debt scheme investing in instruments such
that Macaulay duration of the portfolio is between 6 months and 12 months)
All data as on 31st Oct'2022
unless otherwise specified
Low Duration Fund
For Private Circulation Only

2. Investors have a Long List of Short Term Requirements
On regular basis you handle several short term financial transactions,
each one with a different goal that has undefined tenure
Building corpus
for travelling goals
Building your own
Medical Emergency Fund
Monthly Investments through
SIP & STPs or other auto deduction modes
Parking lumpsum money in the
intermittent period between shiſting funds
to other asset class, making payments etc
Saving to meet short term goals,
plans like foreign travel, milestone
celebration, down payments etc
Insurance payments occurring
Monthly, Qtrly, half yearly
or annually

3. What are your go to options to manage such short term goals?
Basis
Traditional Savings Instrument
(TSI) providing ready liquidity
like savings bank account
Traditional Savings Instrument
(TSI) providing Short Term
parking like FDs
ABSL Low Duration Fund (LDF)
Liquidity
Comparative Return
Risk
Operational Ease
Tax Efficiency
Compounding
Frequency
Penalty on Withdrawal
Disclaimer:
Taxation is applicable for - if Interest earned is more than Rs. 10,000 for TSI with ready liquidity, for TSI with short term parking it is as per Income tax slab with applicable TDS & for LDF it’s applicable as per Income tax slab without TDS.
Withdrawal cost is applicable if – Transaction limit exceeds in TSI with ready liquidity, for TSI with short term parking – withdrawn before maturity and for LDF No limit or cost
Interest rate compounding – Quarterly for TSI with ready liquidity, At the maturity for TSI with short term parking & for LDF Daily 'Marked to Market' offers market linked returns.
Above representation is for illustration purpose only
Low Moderate High

4. Fulfillment of multiple investment needs along
with reasonable returns

5. PRESENTING
Aditya Birla Sun Life Low Duration Fund
(An open ended low duration debt scheme investing in instruments such
that Macaulay duration of the portfolio is between 6 months and 12 months)
Daily compounding for
optimization of investment
Benefits of Ready Liquidity
Relatively well placed
vs comparable traditional
savings instruments

6. Performance Analysis
Aditya Birla Sun Life Low Duration Fund Reg (G) 10 Yr Average
6 month Rolling Returns Rolling Returns Analysis
NO negative returns over the past 10 years
Parameter Analysis
No Of Instances 2432
No Of Times delivered Positive Returns (%) 100.00%
No Of Times Returns >6% (%) 75.41%
No Of Times Returns >4% (%) 87.01%
Maximum (%) 12.83
Minimum (%) 2.58
Long Term Performance (Point to Point)
Short Term Performance (Point to Point)
3.69 3.75
5.06
6.06
7.17 7.19
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
1 Year 2 Years 3 Years 5 Years 10 Years Since Inception
4.69 4.69
3.80 3.84
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50
5.00
1 Month 3 Months 6 Months 9 Months
7.17
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
Oct-12
Apr-13
Oct-13
Apr-14
Oct-14
Apr-15
Oct-15
Apr-16
Oct-16
Apr-17
Oct-17
Apr-18
Oct-18
Apr-19
Oct-19
Apr-20
Oct-20
Apr-21
Oct-21
Apr-22
Oct-22
Rolling returns are on daily 6 months rolling basis. Returns less than one year are Annualized & greater than one year are CAGR.
Past performance may or may not be sustained in the future. Source: ACEMF, Internal data and computation
Data as on 31st Oct 2022

7. Portfolio Details
Rating Profile
Portfolio Composition
Fund Quants
Modified Duration (Yr) 0.71
7.60
1.06
21.50%
22.44%
29.79%
26.26%
YTM (%)
Average Maturity (Yr)
Portfolio Concentration
Top 10 Securities
Maturity Profile
Less Than 3 Months
3 Months To 6 Months
6 Months To 1 Year
1 Year and Above Top 5 Securities Top 10 Securities Top 20 Securities
Company Credit Rating % Net Assets
Small Industries Development Bank of India
HDFC Bank Limited
IndusInd Bank Limited
Government Bond
State Bank of India
Government of India
Canara Bank
Shriram City Union Finance Limited
The Federal Bank Limited
Shriram Transport Finance Company Limited
CARE A1+/CRISIL A1+/ICRA AAA
CARE A1+
CRISIL A1+
SOV
CRISIL A1+/CRISIL AAA/ICRA AAA
SOV
CRISIL A1+
IND AA
CRISIL A1+
IND AA+
8.52
7.99
6.07
5.89
5.53
5.02
3.65
3.15
2.76
2.64
66.34%
18.11%
12.48%
1.96%
1.09%
AAA/A1+
AA
Sovereign
Below AA
Cash & Current Assets
0.01%
Unrated
1.09%
1.44%
3.59%
7.46%
7.68%
37.13%
41.60%
Cash & Current Assets
Others
Treasury Bills
Sovereign Instruments
Floating rates notes - Corporate
Fixed rates bonds - Corporate
Money Market Instruments
36% 37%
51% 53%
69% 71%
May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22
Source: ACEMF, Internal data and computation
Data as on 31st Oct 2022

8. Aditya Birla Sun Life Low Duration Fund
Positioning
Key Features
A short term maturity portfolio investing in a mix of debt & money market instruments
Macaulay duration of the portfolio will be in the range of 6-12 months
Ideal short term investment avenue for 6+ months
Invests in high credit quality & short maturity instruments like Certificate of Deposits (CDs),
Commercial Papers (CPs), Treasury Bills (T-Bills), & TREPS etc.
Intends to provide the investors a surplus parking funds for higher tenors with a potential
to earn reasonable returns.
An alternative to traditional savings instruments with high liquidity, T+1 basis

9. Besides its a gain enhancer with SPECIAL FACILITIES
Systematic Transfer Plan (STP)
Systematic transfers to an equity fund from ABSL Low Duration
Fund can provide benefit of better performance on entire
investment
Lumpsum parked in this fund will earn higher
returns compared to savings bank account
Suitable for individuals who earn regular income
like salary
TURBO Systematic Transfer Plan
(TURBO STP)
The facility transfers the variable amounts
from source scheme to target scheme at
defined intervals
It helps to invest more when the market valuations are
attractive and less when the market valuations turn
expensive
Capital Appreciation Transfer Plan (CATP)
This facility transfers capital appreciation to another scheme at
regular intervals
Ideal for preserving lumpsum investments
The gains can be invested in an equity or hybrid
scheme to earn higher returns with lower risk
Systematic Withdrawal Plan (SWP)
Flexibility to withdraw a fixed amount of money
from a mutual fund to build sustainable income
stream
Retirees can use this facility and schedule their withdrawals
from ABSL Low Duration Fund to have regular income and earn
additional gains too
STP CATP
TURBO
STP SWP

10. Proof of the pudding
Monthly SIP Investment
Year
Lumpsum Amount in
ABSL LDF#
(6%)
STP Amount In Equity
Scheme (12%)
Year 1 9,38,322 1,26,825
Year 2 8,72,840 2,69,735
Year 3 8,03,319 4,30,769
Year 4 7,29,511 6,12,226
6,51,150 8,16,697
Year 5
Rs. 10,000 Monthly STP from corpus of Rs. 10 lac
Your Accumulated
Corpus
` 50 Lac
` 50Lac
Your monthly
requirement
` 50,000
6.0% p.a. 137
months
114
Months
3.0% p.a.
Through SWP from
ABSL LDF
Through Savings
Bank Account
Doing monthly withdrawals from ABSL LDF vs.
Traditional savings Instrument of similar structure
Rs 50 Lac would be sufficient to provide for
Lumpsum Amount in
Savings Bank Account
(3%)
9,08,752
8,14,729
7,17,846
6,18,016
5,15,150
Value of Investment Growth of Investment in FD* SIP in ABSL LDF#
Start Value 5,000
Post 1 Year 61,765
Post 3 Years 2,01,267
Post 5 Years 3,49,778
4,12,732
As on Date(31st Oct 2022)
5,000
61,802
1,96,966
3,41,549
4,07,018
#LDF - Low Duration Fund
*An average of less than 1 year FD rates in a particular year. Source: SBI
For SIP calculations above, the data assumes the investment of 5000/- on 1st day of every month or the
subsequent working day in Aditya Birla Sun Life Low Duration Fund - Regular Plan Growth option.
Above calculations are for illustration purpose only.
Across all illustrations and
use cases ABSL Low
Duration Fund seems to be
providing better
performance vs. traditional
savings instruments

11. Why ABSL Low Duration Fund is ideal
in the current economic scenario
Elevated Gsec Yield Curve
Attractive YTM2
External Interest rate Environment
Fed raised the rates by 75 bps again, and continued to maintain
hawkish stance that prompts for future rate hikes. Other global
Central banks too remained hawkish
Domestic Environment
RBI raised the repo rate by 50bps taking the repo rate to 5.90% and
making it a 4th consecutive rate hike while maintaining the hawkish
stance and keeping room for future rate hikes
Macro Environment
CPI1 has eased to 6.77% in Oct'22. The domestic business activity
remains resilient however the pace of growth and future inflation
prints will shape the RBI’s rate decisions
Yield Movement
In line with the rate hikes, yields have rallied across the curve.
However, the shorter end of the yield curve is looking steeper with
more attractive opportunities for investment
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
3
months
6
months
1 yr 2 yrs 3 yrs 4 yrs 5 yrs 6 yrs 7 yrs 8 yrs 9 yrs 10 yrs
Current Yield 1 Month Ago 6 Months Ago
ABSL Low Duration Fund YTM2 (%) Repo Rate 1 Yr CD3 Rate
Source: ABSLAMC Research. G-sec yield curve data as on 15th Nov'22. 1. CPI - Consumer Price Inflation 2. YTM - Yield to Maturity 3. CD - Certificate of Deposit
7.6
5.9
7.65
3.00
3.50
4.00
4.50
5.00
5.50
6.00
6.50
7.00
7.50
8.00
Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22
(%)

12. Round Up – Key Reasons to invest in
Aditya Birla Sun Life Low Duration Fund
ABSL
LOW DURATION
FUND
Aims to provides returns with low risk
Well-positioned to benefit from the current
market opportunity of elevated short term
yields
It is a superior alternative to short term
traditional saving instruments
Suitable for building an emergency fund
Ideal vehicle for surplus parking from short
to medium term

13. Scheme Details
Scheme Aditya Birla Sun Life Low Duration Fund
Type of Scheme
An open ended low duration debt scheme investing in instruments such that Macaulay duration of the portfolio is between 6 months and
12 months.
Investment Objective
The objective of the scheme is to provide income which is consistent with a portfolio through investments in a basket of debt and money
market instruments of short maturities with a view to provide reasonable returns.
Plans Offered Regular & Direct Plan
Options Offered IDCW* (Payout of IDCW) & Growth Options
Facilities Offered SIP, STP, SWP & SPPF
Minimum Investment Amount Minimum of ₹ 100 ^ in multiples of ₹ 1 thereaſter
Benchmark Index CRISIL Low Duration Fund BI Index
Load
Entry Load: Nil
Exit Load: Nil
Fund Manager Mr. Kaustubh Gupta & Mr. Mohit Sharma
Inception Date 14th May 1998
AUM (As on Oct’22) ₹ 12094.38 Cr
*Income Distribution cum Capital Withdrawal Option. For more information, please refer the SID & KIM of the scheme

14. •
•
Scheme Riskometer
Benchmark Riskometer
CRISIL Low Duration Fund BI Index
This product is suitable for
investors who are seeking*:
Capital appreciation in the long term
Investment in portfolio of equity
scheme, Exchange Traded Funds
& debt scheme
High
Very
High
Moderately
High
Moderate
Moderately
Low
Low
High
Very
High
Moderately
High
Moderate
Moderately
Low
Low
*Investors should consult their financial advisors if in doubt whether the product is suitable for them.
Investors understand that their principal
will be at Moderate Risk
Benchmark riskometer will be at Moderate Risk
Potential Risk Class
Relatively
Low
(Class A)
Moderate
(Class B)
Relatively
High
(Class C)
B-III
Credit Risk of
Scheme
Interest Rate
Risk of Scheme
Relatively Low
(Class I)
Moderate
(Class II)
Relatively High
(Class III)
Aditya Birla Sun Life
Low Duration Fund
(An open ended low duration debt scheme investing in instruments such
that Macaulay duration of the portfolio is between 6 months and 12 months)
Product Labelling

15. THANK YOU
For Private Circulation Only