Mutual Fund Aditya Birla Sun Life

Mutual Fund Aditya Birla Sun Life

Mutual Fund Aditya Birla Sun Life

Birla Aditya Aditya Birla Capital Limited, an Indian corporation, and Sun Life AMC Investments, Inc., a financial services firm located in Canada are partners in Sun Life Mutual Funds (ABSLMF), which is co-sponsored by.

It was formerly known as Birla Sun Life Asset Management Company Limited and has its headquarters in Mumbai. It was founded in 1994 and has effectively served the Indian financial sector for 25 years.

Aditya Birla Group and Sun Life Financial, Inc., the parent corporations, are both prominent financial firms with a long history of managing and creating money. With nearly $41 billion in annual sales, Aditya Birla Group is the third-largest commercial group in India.

Conversely, Sun Life is one of the biggest global suppliers of life insurance, and their other specialty is investment management. According to the Fortune 500, it is rated 236th.

One of the biggest asset management firms in India right now is ABSLMF. by March 31, 2023, with cumulative average assets under management (AUM) of Rs. 2.6 lakh crore.

Birla Aditya Sun Life Mutual Fund primarily transacts in four fund categories:

I. Fund for equality

Income fund is the second.

iii. A loan fund

iv. ELSS Fund

The main goal of ABSLMF is to raise the adoption of mutual funds in India. In May 2019, there were more than 83.2 million mutual fund folios with a combined value of Rs. 25.43 trillion in India. In only the last ten years, it has increased fourfold, and ABSLMF has been a major factor in this.

One of the top asset managers in India, BSLAMC has over 280 sites nationwide, encompassing both larger cities and smaller villages, and serves around 7.9 million investor folios.

In order to simplify and make the mutual fund management process easier for channel partners and investors alike, ABSLMF takes a proactive stance. Sector-specific stock options, debt and treasury instruments, fund of funds schemes, hybrid income funds, and other financial products and services are included in their portfolio.

Essential details regarding Sun Life (India) Investments Inc. and Aditya Birla Capital Limited.

mutual fund name

Mutual Fund Aditya Birla Sun Life

Company name for asset management

Sun Life (India) Investments Inc. and Aditya Birla Capital Ltd.

Date of the AMC setup

December 23, 1994

Date of AMC Incorporation

September 5, 1994

Name of Sponsor

Sun Life AMC Investments Inc. and Aditya Birla Capital Ltd.

trustee association

Sun Life Aditya Birla Trustee Private Limited

Trustees' names

Sun Life Aditya Birla Trustee Private Limited

CEO and MD

A Balasubramaniam

officer of compliance

Mrs. Hemanti Wadhwa

Officer of Investor Services

Kirti Gupta

What is the Aditya Birla Sun Life Mutual Fund investment process?

Aditya Birla Mutual Fund investing is a very easy and uncomplicated procedure. If done properly, this should just take a few minutes.

Just take these actions to begin building your investing portfolio:

Step 1: Create a Grow account. Current clients just need to log in.

Step 2: Upload identity-proving papers, such your passport, driver's license, voter ID card, PAN, Aadhaar, etc.

Step 3: Upload identification papers, such as a passport, utility bill, or Aadhaar, as evidence of residence.

Step 4: Decide on an investment term that you can live with.

Step 5: Decide if a High, Medium, or Low degree of risk is acceptable for you.

Step 6: Decide on your preferred Aditya Birla Sun Life Mutual Fund.

Step 7: Choose 'Invest One Time' for a lump sum investment or 'Start SIP' if you wish to begin a SIP investment.

Your investing procedure is now finished. In three to four business days, the Aditya Birla Mutual Fund that you bought will appear in your Grow account.

Birla Aditya Mutual Fund Sun Life

Look more closely, please.

Moving forward, let's investigate these top 15 mutual fund plans.

Aditya Birla Sun Life Medium Term Plan Direct Growth Fund Performance: Over the last three and five years, the fund has returned around 13.32% and 9.07% annually, respectively. The debt category of Aditya Birla Sun Life Mutual Fund includes Aditya Birla Sun Life Medium Term Plan Fund.

Minimum investment amount: For the Aditya Birla Sun Life Medium Term Plan Fund including the SIP, the minimum lump sum amount is ₹1,000.

Birla Aditya Growth of Sun Life Medium-Term Direct Plan

Fund Performance: Over the last three and five years, the fund's annual returns have been developed around 13.26% and 8.91%, respectively. The debt category of Aditya Birla Sun Life Mutual Fund includes Aditya Birla Sun Life Medium Term Fund.

Minimum investment amount: For the Aditya Birla Sun Life Medium Term Fund as well as the SIP, the minimum investment amount is ₹1,000 in lump sum.

Aditya Birla Sun Life Direct Growth Fund Dynamic Bond Retail Fund Performance: Throughout the last three and five years, the fund has returned 6.03% and 6.66% annually, respectively. The debt category of Aditya Birla Sun Life Mutual Fund includes Aditya Birla Sun Life Dynamic Bond Retail Fund.

Minimum sum of money must be invested: Aditya Birla Sun Life Dynamic Bond Retail Fund and SIFor P have a minimum lump sum investment of ₹1,000 and ₹1,000, respectively.

Aditya Birla Sun Life Floating Rate Direct Fund Growth Fund Performance: Over the last three and five years, the fund has returned around 5.76% as well as 6.79% annually. Aditya Birla Sun Life Floating Rate Direct Fund falls under the debt category of Aditya Birla Sun Life Mutual Fund.

Minimum sum of money must be invested: Aditya Birla Sun Life Floating Rate Direct Fund minimum lump sum amount is ₹1,000; SIP minimum lump sum payment is ₹1,000.

Aditya Birla Sun Life Liquid Fund Direct Growth Fund Performance: Over the previous three and five years, the fund has returned around 5.28% and 5.32% annually, respectively. The debt category of Aditya Birla Sun Life Mutual Fund includes Aditya Birla Sun Life Liquid Fund.

Minimum sum of money must be invested: Aditya Birla Sun Life Liquid Fund and SIP have minimum lump sum amounts of ₹500 and ₹500, respectively.

Aditya Birla Sun Life Frontline Equity Direct Fund Growth Fund Performance: Over the last three and five years, the fund has generated annual returns of around 19.45% and 16.73%, respectively. The Aditya Birla Sun Life Mutual Fund's equities category includes the Aditya Birla Sun Life Frontline equities Direct Fund.

Minimum sum of money must be invested: Aditya Birla Sun Life Frontline Equity Direct Fund and SIP have minimum lump sum amounts of ₹100 and ₹100, respectively.

Financial Planning for Aditya Birla Sun Life FOF Conservative Plan Direct Growth Fund Performance: Over the previous three and five years, the fund's annual returns have been around 10.59% as well as 10.79%, respectively. The Aditya Birla Sun Life Mutual Fund's Others category includes the Aditya Birla Sun Life Financial Planning FOF Conservative Plan Fund.

Minimum Amount of Investment: Aditya Birla Sun Life Financial Planning FOF Sensible Plan Fund and SIP have minimum lump sum amounts of ₹500 and ₹500, respectively.

Aditya Birla Sun Life Credit Risk Fund Direct Growth Fund Performance: Over the last three and five years, the fund has returned around 7.67% and 7.26% annually. The debt category of Aditya Birla Sun Life Mutual Fund includes Aditya Birla Sun Life Credit Risk Fund.

Minimum investment amount: For Aditya Birla Sun Life Credit Risk Fund and SIP, the minimum investment amount is ₹100 in lump payment and ₹100 in SIP.

Aditya Birla Sun Life Arbitrage Fund Direct Growth Fund Performance: Over the last three and five years, the fund has returned around 5.95% and 5.82% annually. The hybrid Aditya Birla Sun Life Mutual Fund category includes the Aditya Birla Sun Life Arbitrage Fund.

Minimum investment amount: For Aditya Birla Sun Life Arbitrage Fund and SIP, the minimum investment amount is ₹1,000 in lump payment and ₹1,000 in SIP.

Aditya Birla Sun Life Short Term Direct Fund Growth Fund Performance: Over the last three and five years, the fund has generated annual returns of around 5.91% and 7.64%, respectively. The debt category of Aditya Birla Sun Life Mutual Fund includes Aditya Birla Sun Life Short Term Direct Fund.

Minimum investment amount: For Aditya Birla Sun Life Short Term Direct Fund and SIP, the minimum investment amount is ₹1,000 in lump money.

Aditya Birla Sun Life Low Duration Fund Direct Growth Fund Performance: Over the previous three and five years, the fund has generated annual returns of around 5.85% and 6.9%, respectively. The debt category of Aditya Birla Sun Life Mutual Fund includes Aditya Birla Sun Life Low Duration Fund.

Minimum sum of money must be invested: Aditya Birla Sun Life Low Duration Fund and SIP minimum lump contribution amounts are both ₹100.

Aditya Birla Sun Life Money Manager Fund Direct Growth Fund Performance: Over the last three and five years, the fund has returned around 5.62% and 6.25% annually. The debt category of Aditya Birla Sun Life Mutual Fund includes Aditya Birla Sun Life Money Manager Fund.

Minimum sum of money must be invested: Aditya Birla Sun Life Money Manager Fund and SIP have minimum lump sum amounts of ₹1,000 and ₹1,000, respectively.

Aditya Birla Sun Life Direct Growth Fund for Corporate Bonds Performance: Over the previous three and five years, the fund's annual returns have been around 5.55% and 7.48%, respectively. The Aditya Birla Sun Life Mutual Fund's debt category includes the Aditya Birla Sun Life Corporate Bond Fund.

Minimum Investment Amount: For Aditya Birla Sun Life Corporate Bond Fund and SIP, the minimum investment amount is ₹100, respectively.

Aditya Birla Sun Life Banking and PSU Debt Fund Direct Growth Fund Performance: During the last three and five years, the fund has returned around 5.3% and 7.31% annually, respectively. Aditya Birla Sun Life Mutual Fund's debt category includes Aditya Birla Sun Life Banking & PSU Debt Fund.

Minimum investment amount: For Aditya Birla Sun Life Banking, PSU Debt Fund, as well as SIP, the minimum lump sum amount is ₹1,000.

Aditya Birla Sun Life Overnight Fund Direct Growth Fund Performance: Over the last three and five years, the fund has generated annual returns of around 4.74% and 4.97%, respectively. Aditya Birla Sun Life Overnight Fund: This fund is part of the Aditya Birla Sun Life Mutual Fund's debt category.

Aditya Birla Sun Life Mutual Fund FAQs on

How can I begin an online SIP for Aditya Birla Sun Life Mutual Fund?

Groww makes it simple to begin investing in Aditya Birla Sun Life Mutual Fund online. As an alternative, they may do so via the relevant fund house's website.is able to enter. Aditya Birla Sun Life Mutual Fund investments may also be made via any other internet site or mobile app.

How is the SIP for the Aditya Birla Sun Life Mutual Fund calculated?

Aditya Birla Sun Life Mutual Fund SIP calculations need consideration of many factors, including:

How can I redeem my mutual fund, Aditya Birla Sun Life?

One may visit the closest fund house and file an application in order to encash an Aditya Birla Sun Life Mutual Fund offline. Alternatively, by logging in with the folio number, an investor may visit the official website and redeem the investment. Additionally, users may access any online site where they have invested to withdraw their Aditya Birla Sun Life Mutual Fund assets.

How can I raise my Aditya Birla Sun Life Mutual Fund SIP amount?

Mutual Fund Aditya Birla Sun Life Step-up or top-up SIP may be used to increase the quantity of SIP. Earlier, a relatively small number of fund companies offered this feature. Nonetheless, the most of them now do, so it's best to verify with the fund house first. It is advised to use the step-up calculator to determine the SIP amount and make a choice after verifying whether the facility is accessible.

How can I terminate my online SIP in the Aditya Birla Sun Life Mutual Fund?

Yes, you may cancel your SIP online at any moment by just submitting a request to do so. You have three options if you want to halt or cancel your SIP: use your folio number to log in to the Aditya Birla Sun Life Mutual Fund website, get in touch with your agent, or follow the instructions on the online investing platform where you have invested.