The primary aim of the scheme is to generate optimal returns with high liquidity through active portfolio management through investments in debt and money market instruments. Aditya Birla Sun Life Dynamic Bond Fund is an open-ended dynamic debt scheme that invests over the period.
Value Added Products in Aditya Birla Sun Life Dynamic Bond Fund
Key features of SIP:
Systematic Investment Planning – Enable salient features of online and offline, long-term savings SIP available to direct and regular investors to overcome intermittent market volatility:
Step-up SIP – This facility enables investors to increase the amount of SIP at regular intervals. It allows you to make the most of your SIP savings by contributing to those well-performing schemes. However, when your salary increases, you can also increase your investment amount.
Systematic Transfer Plan (STP) allows investors to save in both asset classes by transferring a fixed amount from one scheme and investing in another scheme.
Investors have the option:
- The daily systematic transfer plan
- The weekly systematic transfer plan
- The monthly systematic transfer plan
- The quarterly systematic transfer scheme
Minimum balance in the Aditya Birla Sun Life Dynamic Bond Fund at the time of enrollment for STP facility:
Daily systematic transfer scheme: The minimum balance in the scheme at the time of enrollment is Rs. 10,000 / -.
Weekly systematic transfer scheme: The minimum balance in the scheme at the time of enrollment should be Rs.6000
Monthly Systematic Transfer Scheme: The minimum balance in the scheme at the time of enrollment should be Rs.6000
Quarterly systematic transfer scheme: The minimum balance in the scheme at the time of enrollment is Rs. should be 8000
Minimum transfer amount
Aat least 12 transfers of Rs 500 from investors and multiples of Re 1 for installments of STP to Rs. 500, but less than Rs. 999 is advised. Then investors are required to give instructions on a minimum of 6 transfers of Rs 1000 and multiples of Re 1for STP installments of Rs 1000 or more.
A systematic withdrawal plan enables investors to withdraw a certain amount from their mutual funds to create permanent revenue streams while saving on tax.
Investors have the option:
Fixed withdrawal– growth plan Investor to withdraw a fixed amount at regular intervals. Investors can withdraw a fixed amount of Rs.1, 000 / – and above, at regular intervals.
Appreciation Return – A growth plan that enables investors to withdraw appreciation money at regular intervals. Investors can withdraw appreciation of more than Rs.1, 000 / – at regular intervals.
Withdrawal Frequency: For Fixed Withdrawal Option: Investors can withdraw a fixed amount of 1 or 7 or 10 or 14 or 20 or 21 or 28 months/quarter/half for a minimum of 6 months / 4 quarter / 2 half years and 1. year. For appreciation return option: Investors can withdraw appreciation for a minimum of 6 months / 4 quarters on the 1st of every month/quarter.