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Birla Sun Life Mutual Fund is a joint endeavour between Aditya Birla Group (India) and Sun Life Financial Company (Canada). Investments of Birla Sun Life Mutual Fund are handled by Birla Sun Life Asset Management Co. Ltd. BSL Mutual Fund specialises in various investment objectives like tax savings, personal savings, wealth creation, etc. They offer a diverse range of investments like tax saving Mutual Funds, Birla Sun Life SIP, Birla Sun Life Equity Fund, etc. The company is backed by one of the largest research team of Analyst in the industry, who are dedicated to tracking down the best companies to invest in.
Birla Sun Life MNC Fund is known for its consistent performance and in helping its customers to reach their financial goals. Birla MF schemes are well crafted to cater the needs of the investors.
AMC | Aditya Birla Sun Life Mutual Fund |
---|---|
Date of Setup | December 23, 1994 |
AUM | INR 249269.92 crore (Jun-30-2018) |
Chairman | Mr. Kumar Mangalam Birla |
CEO/MD | Mr. A. Balasubramanian |
Compliance Officer | Ms. Hemanti Wadhwa |
Investor Service Officer | Ms. Keerti Gupta |
Headquarters | Mumbai |
Customer Care Number | 1800 270 7000 / 1800 22 7000 |
Fax | 022 - 43568110/ 8111 |
Telephone | 022 – 43568000 |
connect[AT]birlasunlife.com | |
Website | www.birlasunlife.com |
Aditya Birla Sun Life (ABSL) Mutual Fund is a part of Aditya Birla Capital Limited. The group has a strong presence across various areas of financial services such as Life Insurance, corporate lending, structured finance, and corporate equity. This fund house was established in 1994 and since then, it has been striving to cater the diverse and varied requirements of the individuals. The fund house is trying to reach out to people with the help of its strong and robust distribution network and branches.
ABSL Mutual Fund has sector specific fund schemes, fund of funds schemes, and varied range of Mutual Fund schemes. The Asset Management Company (AMC) ensures that people get the maximum benefits out of their investment amount.
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The equity instrument provided by Birla Sun Life Mutual Fund helps investors to reduce their tax burden. The AMC offers Equity Linked Savings Scheme (ELSS), which caters to the tax-savings needs of the investors. ELSS helps investors to save tax under Section 80C of income tax Act and at the same time helps to grow the invested money through equity investments.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Aditya Birla Sun Life Small Cap Fund Growth ₹82.9802
↓ -0.18 ₹5,160 -10.5 -6.8 12.5 12.7 20.3 21.5 Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹52.75
↓ -0.63 ₹3,270 -6.8 -7 5.4 9.6 10.8 8.7 Aditya Birla Sun Life Focused Equity Fund Growth ₹132.016
↓ -0.83 ₹7,706 -6.6 -3.6 15.1 11.1 15.4 18.7 Aditya Birla Sun Life Equity Fund Growth ₹1,650.84
↓ -5.26 ₹22,440 -7.8 -3.4 14.6 11.1 16.1 18.5 Aditya Birla Sun Life India GenNext Fund Growth ₹203.12
↑ 0.29 ₹5,892 -8.6 -4.4 14.5 12.6 16.6 17.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Jan 25
Debt Plans offered by Birla Mutual Fund aim at preserving customers’ money by providing them with tax-saving options and better liquidity than those offered by other bank accounts. The AMC offers Liquid Funds and Ultra Short-Term Funds, which provides potential returns in the time period of 1-3 years.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Corporate Bond Fund Growth ₹108.32
↓ -0.02 ₹23,775 1.5 4.1 8.4 6.7 8.5 7.46% 3Y 10M 2D 5Y 7M 20D Aditya Birla Sun Life Savings Fund Growth ₹528.905
↑ 0.16 ₹15,890 1.9 3.8 7.8 6.6 7.9 7.61% 5M 8D 7M 17D Aditya Birla Sun Life Money Manager Fund Growth ₹356.954
↑ 0.07 ₹24,928 1.8 3.7 7.7 6.7 7.8 7.37% 4M 10D 4M 10D Aditya Birla Sun Life Medium Term Plan Growth ₹37.3044
↓ -0.01 ₹1,999 1.6 5.8 10.4 13.9 10.5 7.65% 3Y 7M 28D 4Y 10M 24D Aditya Birla Sun Life Government Securities Fund Growth ₹78.1625
↓ -0.14 ₹2,177 0.3 3.1 8.2 6 9.1 6.94% 8Y 5M 5D 17Y 9M 11D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Jan 25
Hybrid Fund are a type of Mutual Funds that is a combination of equity and debt funds. This fund allows an investor to invest in both debt and equity market in certain proportions.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Aditya Birla Sun Life Equity Hybrid 95 Fund Growth ₹1,432.8
↓ -3.91 ₹7,684 -4.8 -3.1 12.8 9.2 13 15.3 Aditya Birla Sun Life Regular Savings Fund Growth ₹63.4104
↓ -0.08 ₹1,432 -0.5 2.6 9.8 7.8 9.5 10.5 Aditya Birla Sun Life Balanced Advantage Fund Growth ₹99.34
↓ -0.14 ₹7,400 -3.1 -0.5 12.2 10.1 11.9 13 Aditya Birla Sun Life Arbitrage Fund Growth ₹25.7683
↑ 0.01 ₹13,844 1.8 3.4 7.3 6.3 5.3 7.5 Aditya Birla Sun Life Equity Savings Fund Growth ₹20.95
↑ 0.01 ₹624 0.2 1.9 7.7 5.3 8.1 8.2 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Jan 25
The tax saving Mutual Fund offered by Aditya Birla Sun Life MF helps to reduce your tax burden and also aims to provide growth on your invested money through equity investments. By investing in this fund, investors can save more than INR 45,000 per annum in taxes and can also create wealth with equity markets. This tax saving Mutual Fund has a lock-in period of three years and is available in both lump sum and SIP investment options. Investors seeking long-term capital growth along with tax benefits under SEC 80C can ideally invest here.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Aditya Birla Sun Life Tax Relief '96 Growth ₹55.21
↓ -0.26 ₹15,746 -8.4 -7 12.1 8.2 10.8 16.4 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Jan 25
An Open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, S&P BSE 200. Aditya Birla Sun Life Frontline Equity Fund is a Equity - Large Cap fund was launched on 30 Aug 02. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Frontline Equity Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life Small & Midcap Fund) An Open ended Small and Mid Cap Equity Scheme with an objective to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities of companies considered to be small and midcap. The Scheme may also invest a certain portion of its corpus in fixed income securities including money market instruments, in order to meet liquidity requirements from time to time. Aditya Birla Sun Life Small Cap Fund is a Equity - Small Cap fund was launched on 31 May 07. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Small Cap Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life Advantage Fund) An Open-ended growth scheme with the objective to achieve long-term growth of capital at relatively moderate levels of risk through a diversified research based investment approach. Aditya Birla Sun Life Equity Advantage Fund is a Equity - Large & Mid Cap fund was launched on 24 Feb 95. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Equity Advantage Fund Returns up to 1 year are on An Open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity,
20% debt and money market securities Aditya Birla Sun Life Tax Relief '96 is a Equity - ELSS fund was launched on 6 Mar 08. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Tax Relief '96 Returns up to 1 year are on 1. Aditya Birla Sun Life Frontline Equity Fund
CAGR/Annualized
return of 19% since its launch. Ranked 14 in Large Cap
category. Return for 2024 was 15.6% , 2023 was 23.1% and 2022 was 3.5% . Aditya Birla Sun Life Frontline Equity Fund
Growth Launch Date 30 Aug 02 NAV (17 Jan 25) ₹488.67 ↓ -1.91 (-0.39 %) Net Assets (Cr) ₹29,323 on 30 Nov 24 Category Equity - Large Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio 1.4 Information Ratio 0.28 Alpha Ratio 1.4 Min Investment 1,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹11,422 31 Dec 21 ₹14,609 31 Dec 22 ₹15,126 31 Dec 23 ₹18,616 31 Dec 24 ₹21,514 Returns for Aditya Birla Sun Life Frontline Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 17 Jan 25 Duration Returns 1 Month -5.2% 3 Month -6.9% 6 Month -4.8% 1 Year 13% 3 Year 11.1% 5 Year 15.6% 10 Year 15 Year Since launch 19% Historical performance (Yearly) on absolute basis
Year Returns 2023 15.6% 2022 23.1% 2021 3.5% 2020 27.9% 2019 14.2% 2018 7.6% 2017 -2.9% 2016 30.6% 2015 7.4% 2014 1.1% Fund Manager information for Aditya Birla Sun Life Frontline Equity Fund
Name Since Tenure Mahesh Patil 17 Nov 05 19.14 Yr. Dhaval Joshi 21 Nov 22 2.11 Yr. Data below for Aditya Birla Sun Life Frontline Equity Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 31.02% Consumer Cyclical 12.97% Technology 9.8% Industrials 9.36% Consumer Defensive 7.22% Health Care 6.14% Energy 5.87% Basic Materials 5.11% Communication Services 4.64% Utility 2.67% Real Estate 1.81% Asset Allocation
Asset Class Value Cash 2.71% Equity 97.08% Debt 0.21% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 07 | HDFCBANK8% ₹2,279 Cr 12,689,852
↓ -1,050,771 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK8% ₹2,259 Cr 17,378,292 Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY6% ₹1,864 Cr 10,033,663 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 08 | LT5% ₹1,452 Cr 3,898,215 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 05 | RELIANCE5% ₹1,394 Cr 10,787,510 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL4% ₹1,035 Cr 6,360,389
↓ -250,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | M&M3% ₹920 Cr 3,103,365 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | AXISBANK3% ₹880 Cr 7,747,062 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 08 | ITC3% ₹785 Cr 16,471,144 NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | NTPC3% ₹781 Cr 21,468,779 2. Aditya Birla Sun Life Small Cap Fund
CAGR/Annualized
return of 12.7% since its launch. Ranked 1 in Small Cap
category. Return for 2024 was 21.5% , 2023 was 39.4% and 2022 was -6.5% . Aditya Birla Sun Life Small Cap Fund
Growth Launch Date 31 May 07 NAV (17 Jan 25) ₹82.9802 ↓ -0.18 (-0.21 %) Net Assets (Cr) ₹5,160 on 30 Nov 24 Category Equity - Small Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.89 Sharpe Ratio 1.23 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹11,979 31 Dec 21 ₹18,131 31 Dec 22 ₹16,960 31 Dec 23 ₹23,640 31 Dec 24 ₹28,713 Returns for Aditya Birla Sun Life Small Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 17 Jan 25 Duration Returns 1 Month -8.7% 3 Month -10.5% 6 Month -6.8% 1 Year 12.5% 3 Year 12.7% 5 Year 20.3% 10 Year 15 Year Since launch 12.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 21.5% 2022 39.4% 2021 -6.5% 2020 51.4% 2019 19.8% 2018 -11.5% 2017 -22.6% 2016 56.7% 2015 9.7% 2014 13.4% Fund Manager information for Aditya Birla Sun Life Small Cap Fund
Name Since Tenure Abhinav Khandelwal 31 Oct 24 0.17 Yr. Dhaval Joshi 21 Nov 22 2.11 Yr. Data below for Aditya Birla Sun Life Small Cap Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Industrials 28.37% Consumer Cyclical 19.03% Basic Materials 10.87% Financial Services 9.36% Health Care 8.2% Technology 7.29% Consumer Defensive 5.84% Real Estate 5.72% Communication Services 0.82% Asset Allocation
Asset Class Value Cash 4.49% Equity 95.51% Top Securities Holdings / Portfolio
Name Holding Value Quantity Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 30 Sep 20 | POWERINDIA3% ₹156 Cr 130,504
↓ -19,148 Kirloskar Pneumatic Co Ltd (Industrials)
Equity, Since 31 Aug 22 | 5052833% ₹154 Cr 868,110
↓ -8,787 TD Power Systems Ltd (Industrials)
Equity, Since 30 Jun 23 | TDPOWERSYS3% ₹152 Cr 3,487,645
↓ -223,417 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Jul 20 | NAVINFLUOR2% ₹126 Cr 358,005 Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Jun 21 | BRIGADE2% ₹109 Cr 876,647 Tega Industries Ltd (Industrials)
Equity, Since 31 Dec 21 | 5434132% ₹108 Cr 627,100 CCL Products (India) Ltd (Consumer Defensive)
Equity, Since 31 May 20 | CCL2% ₹101 Cr 1,274,244 Praj Industries Ltd (Industrials)
Equity, Since 31 Jan 24 | PRAJIND2% ₹91 Cr 1,108,991 SJS Enterprises Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | 5433872% ₹87 Cr 696,878 TeamLease Services Ltd (Industrials)
Equity, Since 30 Jun 23 | TEAMLEASE2% ₹87 Cr 300,000
↓ -38,205 3. Aditya Birla Sun Life Equity Advantage Fund
CAGR/Annualized
return of 17% since its launch. Ranked 10 in Large & Mid Cap
category. Return for 2024 was 15.6% , 2023 was 26.9% and 2022 was -13% . Aditya Birla Sun Life Equity Advantage Fund
Growth Launch Date 24 Feb 95 NAV (17 Jan 25) ₹848.32 ↓ -1.58 (-0.19 %) Net Assets (Cr) ₹5,870 on 30 Nov 24 Category Equity - Large & Mid Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.91 Sharpe Ratio 1.15 Information Ratio -2.28 Alpha Ratio -4.07 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹11,830 31 Dec 21 ₹16,358 31 Dec 22 ₹14,234 31 Dec 23 ₹18,067 31 Dec 24 ₹20,881 Returns for Aditya Birla Sun Life Equity Advantage Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 17 Jan 25 Duration Returns 1 Month -6.7% 3 Month -7.7% 6 Month -6.7% 1 Year 11.1% 3 Year 5.3% 5 Year 14.1% 10 Year 15 Year Since launch 17% Historical performance (Yearly) on absolute basis
Year Returns 2023 15.6% 2022 26.9% 2021 -13% 2020 38.3% 2019 18.3% 2018 8.9% 2017 -13.7% 2016 41.8% 2015 8.5% 2014 5.2% Fund Manager information for Aditya Birla Sun Life Equity Advantage Fund
Name Since Tenure Vishal Gajwani 31 Oct 24 0.17 Yr. Dhaval Joshi 21 Nov 22 2.12 Yr. Data below for Aditya Birla Sun Life Equity Advantage Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 22.84% Consumer Cyclical 22.32% Industrials 17.66% Basic Materials 8.32% Technology 6.11% Health Care 5.62% Energy 4.7% Communication Services 3.2% Utility 2.55% Real Estate 2.08% Consumer Defensive 1.72% Asset Allocation
Asset Class Value Cash 1.47% Equity 98.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK4% ₹253 Cr 1,943,767 Infosys Ltd (Technology)
Equity, Since 31 Jul 20 | INFY4% ₹244 Cr 1,314,275 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK4% ₹207 Cr 1,155,081 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 17 | RELIANCE3% ₹155 Cr 1,198,240 Fortis Healthcare Ltd (Healthcare)
Equity, Since 31 Jul 21 | FORTIS3% ₹147 Cr 2,234,884 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 24 | LT2% ₹132 Cr 355,000 JK Cement Ltd (Basic Materials)
Equity, Since 31 Jan 20 | JKCEMENT2% ₹123 Cr 288,050
↑ 12,890 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN2% ₹120 Cr 1,425,462 Hindustan Petroleum Corp Ltd (Energy)
Equity, Since 29 Feb 24 | HINDPETRO2% ₹109 Cr 2,850,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | AXISBANK2% ₹108 Cr 948,483 4. Aditya Birla Sun Life Tax Relief '96
CAGR/Annualized
return of 10.7% since its launch. Ranked 4 in ELSS
category. Return for 2024 was 16.4% , 2023 was 18.9% and 2022 was -1.4% . Aditya Birla Sun Life Tax Relief '96
Growth Launch Date 6 Mar 08 NAV (17 Jan 25) ₹55.21 ↓ -0.26 (-0.47 %) Net Assets (Cr) ₹15,746 on 30 Nov 24 Category Equity - ELSS AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.69 Sharpe Ratio 1.4 Information Ratio -1.98 Alpha Ratio -0.22 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹11,521 31 Dec 21 ₹12,983 31 Dec 22 ₹12,796 31 Dec 23 ₹15,214 31 Dec 24 ₹17,706 Returns for Aditya Birla Sun Life Tax Relief '96
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 17 Jan 25 Duration Returns 1 Month -5.9% 3 Month -8.4% 6 Month -7% 1 Year 12.1% 3 Year 8.2% 5 Year 10.8% 10 Year 15 Year Since launch 10.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 16.4% 2022 18.9% 2021 -1.4% 2020 12.7% 2019 15.2% 2018 4.3% 2017 -4.5% 2016 43.2% 2015 3.4% 2014 9.2% Fund Manager information for Aditya Birla Sun Life Tax Relief '96
Name Since Tenure Dhaval Shah 31 Oct 24 0.17 Yr. Dhaval Joshi 21 Nov 22 2.11 Yr. Data below for Aditya Birla Sun Life Tax Relief '96 as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 24.46% Consumer Cyclical 16.82% Industrials 10.37% Health Care 9.65% Basic Materials 8.25% Technology 7.35% Energy 7.28% Consumer Defensive 6.31% Communication Services 3.25% Real Estate 1.57% Utility 1.31% Asset Allocation
Asset Class Value Cash 3.23% Equity 96.77% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK8% ₹1,188 Cr 9,137,798 Infosys Ltd (Technology)
Equity, Since 30 Jun 08 | INFY5% ₹823 Cr 4,431,429 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT5% ₹781 Cr 2,095,752 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE5% ₹726 Cr 5,620,426 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK4% ₹703 Cr 3,915,495
↓ -1,200,000 Fortis Healthcare Ltd (Healthcare)
Equity, Since 31 Jan 20 | FORTIS3% ₹551 Cr 8,360,144 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 22 | BHARTIARTL3% ₹512 Cr 3,146,277 State Bank of India (Financial Services)
Equity, Since 31 Jan 22 | SBIN3% ₹405 Cr 4,828,465 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 08 | AXISBANK2% ₹385 Cr 3,388,737 TVS Holdings Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | TVSHLTD2% ₹357 Cr 302,632
After SEBI's (Securities and Exchange Board of India) circulation on re-categorisation and rationalisation of open-ended mutual funds, many Mutual Fund Houses are incorporating changes in their scheme names and categories. SEBI introduced new and broad categories in Mutual Funds in order to bring uniformity in similar schemes launched by the different Mutual Funds. This is to aim and ensure that investors can find it easier to compare the products and evaluate the different options available before investing in a scheme.
Here is a list of Aditya Birla's schemes that got new names:
Existing Scheme Name | New Scheme Name |
---|---|
Aditya Birla Sun Life Enhanced Arbitrage Fund | Aditya Birla Sun Life Arbitrage Fund |
Aditya Birla Sun Life MIP II - Wealth 25 Plan | Aditya Birla Sun Life Regular Savings Fund |
Aditya Birla Sun Life Small & Midcap Fund | Aditya Birla Sun Life small cap Fund |
Aditya Birla Sun Life Top 100 Fund | Aditya Birla Sun Life Focused Equity Fund |
Aditya Birla Sun Life Advantage Fund | Aditya Birla Sun Life Equity Advantage Fund |
Aditya Birla Sun Life Balanced '95 Fund | Aditya Birla Sun Life Equity Hybrid '95 Fund |
Aditya Birla Sun Life Cash Manager | Aditya Birla Sun Life Low Duration Fund |
Aditya Birla Sun Life Corporate bond Fund | Aditya Birla Sun Life Credit Risk Fund |
Aditya Birla Sun Life Dividend Yield Plus | Aditya Birla Sun Life Dividend Yield Fund |
Aditya Birla Sun Life Floating Rate Fund - Short Term | Aditya Birla Sun Life Money Manager Fund |
Aditya Birla Sun Life Gilt Plus Fund - PF Plan | Aditya Birla Sun Life Government Securities Fund |
Aditya Birla Sun Life Income Plus | Aditya Birla Sun Life Income Fund |
Aditya Birla Sun Life New Millennium Fund | Aditya Birla Sun Life Digital India Fund |
Aditya Birla Sun Life Short Term Fund | Aditya Birla Sun Life Corporate Bond Fund |
Aditya Birla Sun Life Treasury Optimizer Fund | Aditya Birla Sun Life Banking & PSU Debt fund |
*Note-The list will be updated as and when we get an insight about the changes in the scheme names.
A Systematic Investment Plan (SIP) is one of the best methods through which one can invest in Mutual Funds and can create wealth over a regular period of time, i.e.—monthly, quarterly or annually. In Birla Sun Life SIP Mutual Fund, investors can start investing with as little as INR 1000. SIPs help in inculcating financial discipline and can also help in averaging out your cost of investment and hence reducing your risk.
mutual fund calculator, famously know as a sip calculator, is one of the best tools for effective financial planning. It helps to determine the expected return on the SIP investment. Whether one wants to buy a house, car, any asset, plan for retirement, a child’s higher education or any other financial goal, the SIP calculator can be a great tool to calculate the amount of investment and time period of investing required to reach each of these goals. All you need to do is give some basic inputs like-
And hence, the result would be stating the maturity amount along with gains that would be achieved after the specified tenure.
Know Your Monthly SIP Amount
Birla Sun Life Mutual Fund NAV can be found on the AMFI website. The latest NAV can also be found on the asset management company's website. You can also check for the historical NAV of the Birla Sun Life Mutual Fund on the AMFI website.
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Aditya Birla Financial Services Private Limited. Sun Life (India) AMC Investments Inc.
Great Article Covers all important aspects and good presentation.