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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 ₹90.9151
↓ -0.38 ₹5,181 -1.6 6.6 25.9 18.7 24.7 39.4 Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹57.09
↓ -0.91 ₹3,264 -2.3 5.5 11.6 15.5 12.8 21.7 Aditya Birla Sun Life MNC Fund Growth ₹1,387.45
↑ 2.05 ₹3,956 -4 0.3 23.6 12.6 12.1 23.1 Aditya Birla Sun Life Equity Fund Growth ₹1,745.07
↓ -18.73 ₹22,507 -3.7 6.6 23.6 16.1 18.2 26 Aditya Birla Sun Life Focused Equity Fund Growth ₹139.001
↓ -1.53 ₹7,729 -3.4 6.9 22.9 15.6 17.3 23 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Dec 24
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 ₹107.879
↓ -0.03 ₹23,337 1.9 4.5 8.7 6.5 7.3 7.49% 3Y 9M 18D 5Y 7M 13D Aditya Birla Sun Life Savings Fund Growth ₹525.777
↑ 0.14 ₹15,098 2 3.9 7.8 6.5 7.2 7.78% 5M 19D 7M 24D Aditya Birla Sun Life Money Manager Fund Growth ₹354.883
↑ 0.07 ₹26,348 1.8 3.8 7.8 6.6 7.4 7.55% 5M 8D 5M 8D Aditya Birla Sun Life Medium Term Plan Growth ₹37.1155
↓ -0.02 ₹1,968 3.3 6 10.6 13.7 6.9 7.73% 3Y 10M 6D 5Y 1M 10D Aditya Birla Sun Life Government Securities Fund Growth ₹78.4171
↓ -0.10 ₹2,304 1.1 4.2 9.4 5.8 7.1 6.92% 9Y 11D 18Y 10M 2D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Dec 24
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 ₹1,501.99
↓ -12.77 ₹7,688 -2 4.7 19.7 12.8 14.5 21.3 Aditya Birla Sun Life Regular Savings Fund Growth ₹64.2654
↓ -0.16 ₹1,425 1.5 5.4 11.6 8.9 9.9 9.6 Aditya Birla Sun Life Balanced Advantage Fund Growth ₹101.1
↓ -0.53 ₹7,427 -2.1 4.1 15.6 11.9 12.8 16.5 Aditya Birla Sun Life Arbitrage Fund Growth ₹25.5969
↓ 0.00 ₹13,351 1.6 3.3 7.6 6.2 5.3 7.1 Aditya Birla Sun Life Equity Savings Fund Growth ₹20.95
↓ -0.04 ₹647 0.2 3.2 8.7 6.5 8.5 11.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Dec 24
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 ₹58.65
↓ -0.66 ₹15,895 -5.1 3 20.9 12.4 12.6 18.9 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Dec 24
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 19.3% since its launch. Ranked 14 in Large Cap
category. Return for 2023 was 23.1% , 2022 was 3.5% and 2021 was 27.9% . Aditya Birla Sun Life Frontline Equity Fund
Growth Launch Date 30 Aug 02 NAV (17 Dec 24) ₹515.21 ↓ -5.97 (-1.15 %) Net Assets (Cr) ₹29,395 on 31 Oct 24 Category Equity - Large Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio 1.85 Information Ratio 0.28 Alpha Ratio 1.82 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 30 Nov 19 ₹10,000 30 Nov 20 ₹10,628 30 Nov 21 ₹14,386 30 Nov 22 ₹15,683 30 Nov 23 ₹17,420 30 Nov 24 ₹21,951 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 Dec 24 Duration Returns 1 Month 3.9% 3 Month -3.8% 6 Month 4.9% 1 Year 20.3% 3 Year 15.8% 5 Year 17.3% 10 Year 15 Year Since launch 19.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 23.1% 2022 3.5% 2021 27.9% 2020 14.2% 2019 7.6% 2018 -2.9% 2017 30.6% 2016 7.4% 2015 1.1% 2014 44.7% Fund Manager information for Aditya Birla Sun Life Frontline Equity Fund
Name Since Tenure Mahesh Patil 17 Nov 05 19.05 Yr. Dhaval Joshi 21 Nov 22 2.03 Yr. Data below for Aditya Birla Sun Life Frontline Equity Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 31.46% Consumer Cyclical 12.76% Technology 9.34% Industrials 9.12% Consumer Defensive 7.35% Health Care 6.38% Energy 6.06% Basic Materials 5.49% Communication Services 4.67% Utility 2.99% Real Estate 1.78% Asset Allocation
Asset Class Value Cash 2.69% Equity 97.1% Debt 0.21% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 07 | HDFCBANK8% ₹2,385 Cr 13,740,623
↓ -300,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK8% ₹2,246 Cr 17,378,292 Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY6% ₹1,763 Cr 10,033,663
↓ -151,260 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 05 | RELIANCE5% ₹1,437 Cr 10,787,510 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 08 | LT5% ₹1,412 Cr 3,898,215 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL4% ₹1,066 Cr 6,610,389 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | 5322153% ₹898 Cr 7,747,062
↑ 208,750 NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 5325553% ₹876 Cr 21,468,779 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | M&M3% ₹847 Cr 3,103,365 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 08 | ITC3% ₹805 Cr 16,471,144 2. Aditya Birla Sun Life Small Cap Fund
CAGR/Annualized
return of 13.3% since its launch. Ranked 1 in Small Cap
category. Return for 2023 was 39.4% , 2022 was -6.5% and 2021 was 51.4% . Aditya Birla Sun Life Small Cap Fund
Growth Launch Date 31 May 07 NAV (17 Dec 24) ₹90.9151 ↓ -0.38 (-0.41 %) Net Assets (Cr) ₹5,181 on 31 Oct 24 Category Equity - Small Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.89 Sharpe Ratio 1.7 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 30 Nov 19 ₹10,000 30 Nov 20 ₹11,328 30 Nov 21 ₹17,620 30 Nov 22 ₹17,335 30 Nov 23 ₹22,846 30 Nov 24 ₹29,085 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 Dec 24 Duration Returns 1 Month 7.1% 3 Month -1.6% 6 Month 6.6% 1 Year 25.9% 3 Year 18.7% 5 Year 24.7% 10 Year 15 Year Since launch 13.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 39.4% 2022 -6.5% 2021 51.4% 2020 19.8% 2019 -11.5% 2018 -22.6% 2017 56.7% 2016 9.7% 2015 13.4% 2014 66.3% Fund Manager information for Aditya Birla Sun Life Small Cap Fund
Name Since Tenure Abhinav Khandelwal 31 Oct 24 0.08 Yr. Dhaval Joshi 21 Nov 22 2.03 Yr. Data below for Aditya Birla Sun Life Small Cap Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Industrials 30.82% Consumer Cyclical 18.98% Basic Materials 10.71% Financial Services 9.18% Technology 8.3% Health Care 7.69% Real Estate 5.69% Consumer Defensive 5.59% Communication Services 0.83% Asset Allocation
Asset Class Value Cash 2.21% Equity 97.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 30 Sep 20 | POWERINDIA4% ₹207 Cr 149,652
↓ -8,830 TD Power Systems Ltd (Industrials)
Equity, Since 30 Jun 23 | TDPOWERSYS3% ₹153 Cr 3,711,062 Kirloskar Pneumatic Co Ltd (Industrials)
Equity, Since 31 Aug 22 | 5052833% ₹146 Cr 876,897 Tega Industries Ltd (Industrials)
Equity, Since 31 Dec 21 | 5434132% ₹120 Cr 627,100 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Jul 20 | NAVINFLUOR2% ₹119 Cr 358,005 R R Kabel Ltd (Industrials)
Equity, Since 30 Sep 23 | RRKABEL2% ₹104 Cr 692,435 Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Jun 21 | 5329292% ₹103 Cr 876,647 TeamLease Services Ltd (Industrials)
Equity, Since 30 Jun 23 | TEAMLEASE2% ₹94 Cr 338,205 Whirlpool of India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | 5002382% ₹89 Cr 447,586 CCL Products (India) Ltd (Consumer Defensive)
Equity, Since 31 May 20 | CCL2% ₹86 Cr 1,274,244 3. Aditya Birla Sun Life Equity Advantage Fund
CAGR/Annualized
return of 17.3% since its launch. Ranked 10 in Large & Mid Cap
category. Return for 2023 was 26.9% , 2022 was -13% and 2021 was 38.3% . Aditya Birla Sun Life Equity Advantage Fund
Growth Launch Date 24 Feb 95 NAV (17 Dec 24) ₹908.9 ↓ -11.97 (-1.30 %) Net Assets (Cr) ₹5,872 on 31 Oct 24 Category Equity - Large & Mid Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.91 Sharpe Ratio 1.59 Information Ratio -2.31 Alpha Ratio -4.57 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 30 Nov 19 ₹10,000 30 Nov 20 ₹11,039 30 Nov 21 ₹15,755 30 Nov 22 ₹14,666 30 Nov 23 ₹16,956 30 Nov 24 ₹20,867 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 Dec 24 Duration Returns 1 Month 6.5% 3 Month -3.5% 6 Month 3.8% 1 Year 19.8% 3 Year 10.6% 5 Year 16.7% 10 Year 15 Year Since launch 17.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 26.9% 2022 -13% 2021 38.3% 2020 18.3% 2019 8.9% 2018 -13.7% 2017 41.8% 2016 8.5% 2015 5.2% 2014 60.1% Fund Manager information for Aditya Birla Sun Life Equity Advantage Fund
Name Since Tenure Vishal Gajwani 31 Oct 24 0.08 Yr. Dhaval Joshi 21 Nov 22 2.03 Yr. Data below for Aditya Birla Sun Life Equity Advantage Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 22.95% Consumer Cyclical 22.34% Industrials 18.27% Basic Materials 7.33% Energy 7.03% Health Care 6% Technology 5.67% Utility 3.08% Communication Services 3.03% Real Estate 2.07% Consumer Defensive 1.05% Asset Allocation
Asset Class Value Cash 1.17% Equity 98.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK4% ₹251 Cr 1,943,767 Infosys Ltd (Technology)
Equity, Since 31 Jul 20 | INFY4% ₹231 Cr 1,314,275 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK3% ₹200 Cr 1,155,081 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 17 | RELIANCE3% ₹160 Cr 1,198,240 Fortis Healthcare Ltd (Healthcare)
Equity, Since 31 Jul 21 | 5328432% ₹140 Cr 2,234,884 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 24 | LT2% ₹129 Cr 355,000 Voltas Ltd (Industrials)
Equity, Since 29 Feb 24 | VOLTAS2% ₹122 Cr 739,833 JK Cement Ltd (Basic Materials)
Equity, Since 31 Jan 20 | JKCEMENT2% ₹119 Cr 275,160 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN2% ₹117 Cr 1,425,462 Max Financial Services Ltd (Financial Services)
Equity, Since 29 Feb 24 | 5002712% ₹112 Cr 873,898 4. Aditya Birla Sun Life Tax Relief '96
CAGR/Annualized
return of 11.1% since its launch. Ranked 4 in ELSS
category. Return for 2023 was 18.9% , 2022 was -1.4% and 2021 was 12.7% . Aditya Birla Sun Life Tax Relief '96
Growth Launch Date 6 Mar 08 NAV (17 Dec 24) ₹58.65 ↓ -0.66 (-1.11 %) Net Assets (Cr) ₹15,895 on 31 Oct 24 Category Equity - ELSS AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.69 Sharpe Ratio 1.91 Information Ratio -1.66 Alpha Ratio 0.5 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹10,681 30 Nov 21 ₹12,844 30 Nov 22 ₹13,107 30 Nov 23 ₹14,277 30 Nov 24 ₹17,963 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 Dec 24 Duration Returns 1 Month 3.8% 3 Month -5.1% 6 Month 3% 1 Year 20.9% 3 Year 12.4% 5 Year 12.6% 10 Year 15 Year Since launch 11.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 18.9% 2022 -1.4% 2021 12.7% 2020 15.2% 2019 4.3% 2018 -4.5% 2017 43.2% 2016 3.4% 2015 9.2% 2014 54.6% Fund Manager information for Aditya Birla Sun Life Tax Relief '96
Name Since Tenure Dhaval Shah 31 Oct 24 0.08 Yr. Dhaval Joshi 21 Nov 22 2.03 Yr. Data below for Aditya Birla Sun Life Tax Relief '96 as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 26.86% Consumer Cyclical 18.09% Industrials 10.71% Health Care 9.62% Basic Materials 8.72% Energy 7.4% Technology 6.81% Consumer Defensive 4.95% Communication Services 3.19% Real Estate 1.48% Utility 1.46% Asset Allocation
Asset Class Value Cash 0.7% Equity 99.3% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK7% ₹1,181 Cr 9,137,798 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK6% ₹888 Cr 5,115,495 Infosys Ltd (Technology)
Equity, Since 30 Jun 08 | INFY5% ₹779 Cr 4,431,429 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT5% ₹759 Cr 2,095,752 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE5% ₹749 Cr 5,620,426
↑ 300,000 Fortis Healthcare Ltd (Healthcare)
Equity, Since 31 Jan 20 | 5328433% ₹522 Cr 8,360,144 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 22 | BHARTIARTL3% ₹507 Cr 3,146,277 State Bank of India (Financial Services)
Equity, Since 31 Jan 22 | SBIN2% ₹396 Cr 4,828,465 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 08 | 5322152% ₹393 Cr 3,388,737 TVS Holdings Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | 5200562% ₹378 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.