Aditya Birla Sun Life Corporate Bond Fund

Review Date: 11-04-2025

Beginning of Analysis

In the Corporate Bond Fund category, Aditya Birla Sun Life Corporate Bond Fund is the second ranked fund. The category has total 19 funds. The 5 star rating shows an excellent past performance of the Aditya Birla Sun Life Corporate Bond Fund in Corporate Bond Fund. The fund has a Jensen Alpha of 2.47% which is higher than the category average of 1.78%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.31 which is higher than the category average of -0.17.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Corporate Bond Mutual Funds are a good option for investors seeking higher returns than traditional debt instruments while maintaining moderate risk. However, they are not entirely risk-free and are subject to credit risk, interest rate risk, and market risk. Investors should carefully assess their risk appetite, investment horizon, and tax implications before investing in these funds.

Aditya Birla Sun Life Corporate Bond Fund Return Analysis

• The fund has given a return of 1.92%, 3.24 and 4.73 in last one, three and six months respectively. In the same period the category average return was 1.88%, 3.13% and 4.61% respectively.
• Aditya Birla Sun Life Corporate Bond Fund has given a return of 9.7% in last one year. In the same period the Corporate Bond Fund category average return was 9.37%.
• The fund has given a return of 7.63% in last three years and ranked 4.0th out of 19 funds in the category. In the same period the Corporate Bond Fund category average return was 7.26%.
• The fund has given a return of 7.64% in last five years and ranked 2nd out of 16 funds in the category. In the same period the Corporate Bond Fund category average return was 7.15%.
• The fund has given a return of 7.97% in last ten years and ranked 1st out of nine funds in the category. In the same period the category average return was 7.72%.
• The fund has given a SIP return of -6.59% in last one year whereas category average SIP return is -6.82%. The fund one year return rank in the category is 5th in 20 funds
• The fund has SIP return of 6.96% in last three years and ranks 4th in 19 funds. Nippon India Corporate Bond Fund has given the highest SIP return (7.1%) in the category in last three years.
• The fund has SIP return of 6.94% in last five years whereas category average SIP return is 6.58%.

Aditya Birla Sun Life Corporate Bond Fund Risk Analysis

• The fund has a standard deviation of 1.17 and semi deviation of 0.92. The category average standard deviation is 1.22 and semi deviation is 0.95.
• The fund has a Value at Risk (VaR) of 0.0 and a maximum drawdown of -0.71. The category average VaR is -0.36 and the maximum drawdown is -0.91. The fund has a beta of 0.64 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.

Very Good Performance in Corporate Bond Fund Category

Good Performance in Corporate Bond Fund Category

Poor Performance in Corporate Bond Fund Category

Very Poor Performance in Corporate Bond Fund Category