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Aditya Birla Sun Life Money Manager Fund - Daily IDCW
★★★★★ monitor_heart Health Score: 63/100 · AverageAditya Birla Sun Life Mutual Fund · Debt · Money Market
₹401.31
AUM: ₹27,383 Cr
NAV updated 1 day ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.22%
Exit Load
Nil
Fund Manager
Kaustubh Gupta, Mohit Sharma
Inception
Jan 2013
Benchmark
CRISIL Money Market A-I Index
Sharpe Ratio
-23.91
Std Dev (1Y)
0.29%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.66%
3m
+1.63%
6m
+3.4%
1y
+6.29%
3y
+7.39%
5y
+6.64%
10y
+6.84%
since inception
+12.0%
rate_review TopFund's Take on Aditya Birla Sun Life Money Manager Fund - Daily IDCW
Aditya Birla Sun Life Money Manager Fund - Daily IDCW sits in the middle of the pack for Money Market funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 63/100.
Cost: At 0.22%, the expense ratio runs 38% above the Money Market category average of 0.16%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -23.91 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.29% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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Frequently Asked Questions about Aditya Birla Sun Life Money Manager Fund - Daily IDCW
The current NAV (Net Asset Value) of Aditya Birla Sun Life Money Manager Fund - Daily IDCW is ₹401.31. NAV is updated every business day after market close by AMFI.
1Y: 6.29% · 3Y CAGR: 7.39% · 5Y CAGR: 6.64%
The expense ratio is 0.22% per annum — the annual fee deducted from your investment to cover fund management costs.
Aditya Birla Sun Life Money Manager Fund - Daily IDCW is managed by Kaustubh Gupta, Mohit Sharma at Aditya Birla Sun Life Mutual Fund.
Aditya Birla Sun Life Money Manager Fund - Daily IDCW is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Aditya Birla Sun Life Money Manager Fund - Daily IDCW is a Money Market fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Aditya Birla Sun Life Money Manager Fund - Daily IDCW is ₹27,383 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.