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Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 55/100 · Average
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)0.0%
- Expense ratio (20%)0.22%
- AUM (15%)₹27,383 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Aditya Birla Sun Life Mutual Fund · Debt · Money Market Fund
₹100.02
AUM: ₹27,383 Cr
NAV updated 27 days 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
-23.05
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
+0.0%
3m
+0.05%
6m
+0.0%
1y
-0.26%
3y
+0.0%
5y
+0.0%
10y
+0.0%
since inception
+0.0%
TopFund's Take on Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW
Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW sits in the middle of the pack for Money Market Fund funds, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 55/100.
Cost: At 0.22%, the expense ratio is meaningfully cheaper — about 45% below the Money Market Fund category average of 0.4% (based on 29 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -23.05 — 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 for a Money Market Fund fund, 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.
Sector Allocation
Asset Allocation
Fund Snapshot
Similar Funds
No similar funds found.
Tools & Guides for This Fund
Frequently Asked Questions about Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW
The current NAV (Net Asset Value) of Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW is ₹100.02. NAV is updated every business day after market close by AMFI.
1Y: -0.26% · 3Y CAGR: 0.0% · 5Y CAGR: 0.0%
The expense ratio of Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW is 0.22% per annum. This is the annual fee charged by the fund to manage your investment.
Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW is managed by Kaustubh Gupta, Mohit Sharma at Aditya Birla Sun Life Mutual Fund.
Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW is a Money Market Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW is ₹27,383 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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