Aditya Birla Sun Life Mutual Fund
Aditya Birla Sun Life Mutual Fund, or ABSLMF, is among India's money giants. It began in 1994 and has assisted individuals in investing for over 25 years.
It is a joint venture firm. Aditya Birla Capital Limited of India is one-half, and Sun Life AMC Investments, Inc. of Canada is the other half.
Its head office is located in Mumbai. Previously, it was known as Birla Sun Life Asset Management Company Limited.
Aditya Birla Group is the third-largest business group in India. Sun Life is also very famous and is one of the largest life insurance companies in the world.
Today, Aditya Birla Sun Life Mutual Fund is among the largest mutual fund houses in India, with Rs. 3.31 lakh crore AUM as of March 31, 2024.
Types of Funds in ABSLMF
Aditya Birla Sun Life Mutual Fund has 4 primary types of funds:
Equity Funds – For long-term growth.
Debt Funds – For stable income.
Income Funds – For regular earnings.
ELSS Funds – For tax saving.
Key Information About Aditya Birla Capital Ltd. & Sun Life
Mutual Fund name | Aditya Birla Sun Life Mutual Fund |
Asset Management Company Name | Aditya Birla Capital Ltd. & Sun Life (India) Investments Inc. |
AMC Setup Date | 23rd December, 1994 |
AMC Incorporation Date | 5th September, 1994 |
Sponsor name | Aditya Birla Capital Ltd.& Sun Life AMC Investments Inc. |
Trustee organisation | Aditya Birla Sun Life Trustee Private Limited |
Name of Trustees | Aditya Birla Sun Life Trustee Private Limited |
MD and CEO | A. Balasubramanian |
Compliance Officer | Ms.Hemanti Wadhwa |
Investor Service Officer | Keerti Gupta |
How to Invest in Aditya Birla Sun Life Mutual Fund
Investing is extremely simple. Just do the following:
Open an account with any mutual fund website.
Provide your ID proof (such as Aadhaar, PAN, passport, or voter ID).
Provide your address proof (such as Aadhaar, passport, or bill).
Choose how long you wish to invest.
Choose your risk – high, medium, or low.
Select the fund you prefer.
Choose between SIP (monthly investment) or lump sum (one-time).
That's it! Your units of the mutual fund will reflect in your account in 3-4 working days.
Best Fund Managers of ABSLMF
Mr Satyabrata Mohanty – Head of Mixed Assets. Passes time with banking and financial services.
Mr Maneesh Dangi – Co-CIO, debt and fixed income fund expert.
Mr Mohit Sharma – Oversees balanced and low-duration funds.
Mr Dhaval Gala – Manages banking & financial services funds.
Ms Sunaina da Cunha – Oversees large debt funds such as Liquid and Credit Risk.
Mr Pranay Sinha – Debt fund and currency trading expert.
Mr Kaustabh Gupta – Oversees government securities and corporate bond funds.
Popular Aditya Birla Sun Life Funds
Fund Name | Category | Min. Investment | AUM (Cr) | 1Y Returns | SIP Min. |
Aditya Birla Sun Life Medium Term Plan Direct Growth | Debt | 1,000 | 2829Cr | 13.3% | 1,000 |
Aditya Birla Sun Life Floating Rate Direct Fund Growth | Debt | 1,000 | 13,506Cr | 8.3% | 1,000. |
Aditya Birla Sun Life Liquid Fund Direct Growth | Debt | 500 | 49,720Cr | 7.0% | 100 |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth | Equity | 100 | 387Cr | 0.2% | 100. |
Aditya Birla Sun Life Large Cap Direct Fund Growth | Equity | 100 | 29,866Cr | 0.5% | 100. |
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth | Hybrid | 100 | 8208Cr | 5.6% | 100. |
Aditya Birla Sun Life Credit Risk Fund Direct Growth | Debt | 100 | 1033Cr | 17.0% | 100 |
Aditya Birla Sun Life Regular Savings Fund Direct Growth | Hybrid | 500 | 1530Cr | 7.8% | 100 |
Aditya Birla Sun Life Dynamic Bond Retail Fund Direct Growth | Debt | 1,000 | 1,913Cr | 7.4% | 1,000 |
Aditya Birla Sun Life Short Term Direct Fund Direct Growth | Debt | 1,000 | 10,648Cr | 8.5% | 1,000 |
Aditya Birla Sun Life Money Manager Fund Direct Growth | Debt | 1,000 | 29,271Cr | 7.9% | 1,000 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | Hybrid | 1,000 | 23,581Cr | 7.4% | 1,00 |
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | Debt | 1,000 | 9,139Cr | 7.9% | 1,000 |
Aditya Birla Sun Life Debt Plus Arbitrage FOF Direct Growth | Debt | 100 | 1238Cr | 8.0% | 1000 |
Aditya Birla Sun Life Overnight Fund Direct Growth | Debt | 500 | 9056Cr | 6.2% | 100 |
FAQs
Q1. Is Aditya Birla Sun Life Mutual Fund safe?
Yes, it is overseen by reliable companies and governed by SEBI.
Q2. Can small investors begin with low sums?
Yes, most funds begin with as little as 100 in SIP.
Q3. SIP or lump sum – which one is better?
SIP is more suitable for new investors. A lump sum is suitable if you have some extra money.
Q4. How long should I remain invested?
At least 3-5 years in equity funds for decent returns.
Q5. Can I take out my money at any time?
Yes, with the exception of tax-saving ELSS funds, which have a 3-year lock-in.
