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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 (%) 2021 (%) Aditya Birla Sun Life Small Cap Fund Growth ₹45.7447
↑ 0.64 ₹2,668 -10.5 -15.6 -6.6 11.6 4.5 51.4 Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹33.31
↑ 0.57 ₹2,124 -7.4 -8.4 -7 3.9 5.6 16.8 Aditya Birla Sun Life India GenNext Fund Growth ₹124.66
↑ 1.58 ₹2,635 -3.9 -6.3 3.4 14.8 11.9 29.7 Aditya Birla Sun Life Frontline Equity Fund Growth ₹304.57
↑ 3.13 ₹20,706 -8.3 -8.5 0.1 10.7 8.6 27.9 Aditya Birla Sun Life Focused Equity Fund Growth ₹81.5946
↑ 0.86 ₹5,616 -8.3 -9.7 -1 10.5 9.1 26.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jun 22
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 (%) 2021 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Savings Fund Growth ₹443.13
↑ 0.06 ₹14,442 0.8 1.9 3.8 5.6 3.9 6.09% 5M 23D 6M Aditya Birla Sun Life Money Manager Fund Growth ₹298.145
↑ 0.04 ₹12,060 0.7 1.8 3.7 5.4 3.8 5.91% 5M 26D 6M Aditya Birla Sun Life Corporate Bond Fund Growth ₹89.5897
↑ 0.01 ₹15,349 -0.4 0.6 2.7 6.9 4 7.14% 1Y 8M 19D 2Y 8M 23D Aditya Birla Sun Life Medium Term Plan Growth ₹26.318
↑ 0.00 ₹1,425 -0.1 4.4 7.1 4.6 7.1 7.61% 2Y 4M 2D 3Y 4M 6D Aditya Birla Sun Life Liquid Fund Growth ₹343.495
↑ 0.04 ₹39,143 1 1.9 3.5 4.2 3.3 4.98% 1M 13D 1M 13D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jun 22
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 (%) 2021 (%) Aditya Birla Sun Life Regular Savings Fund Growth ₹49.6232
↑ 0.11 ₹1,634 -3 -0.4 4.2 7.9 5.8 13.4 Aditya Birla Sun Life Equity Hybrid 95 Fund Growth ₹970.85
↑ 6.98 ₹7,430 -10.2 -7.2 -1.1 8.8 6.7 24.2 Aditya Birla Sun Life Arbitrage Fund Growth ₹21.7589
↓ 0.00 ₹8,333 0.8 1.6 3.3 4.2 5 3.8 Aditya Birla Sun Life Balanced Advantage Fund Growth ₹69.22
↑ 0.29 ₹6,721 -3.8 -4 -0.4 9.1 7.3 13.4 Aditya Birla Sun Life Equity Savings Fund Growth ₹16.32
↑ 0.07 ₹513 -4.8 -6.2 -2 6.5 5.3 12.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jun 22
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 (%) 2021 (%) Aditya Birla Sun Life Tax Relief '96 Growth ₹36.63
↑ 0.36 ₹13,185 -7 -10.7 -8.2 6.3 6.2 12.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jun 22
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 18.8% since its launch. Ranked 14 in Large Cap
category. Return for 2021 was 27.9% , 2020 was 14.2% and 2019 was 7.6% . Aditya Birla Sun Life Frontline Equity Fund
Growth Launch Date 30 Aug 02 NAV (24 Jun 22) ₹304.57 ↑ 3.13 (1.04 %) Net Assets (Cr) ₹20,706 on 31 May 22 Category Equity - Large Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.78 Sharpe Ratio 0.4 Information Ratio -0.46 Alpha Ratio 0.5 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 May 17 ₹10,000 31 May 18 ₹10,852 31 May 19 ₹11,479 31 May 20 ₹9,210 31 May 21 ₹14,922 31 May 22 ₹16,070 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 24 Jun 22 Duration Returns 1 Month -1.7% 3 Month -8.3% 6 Month -8.5% 1 Year 0.1% 3 Year 10.7% 5 Year 8.6% 10 Year 15 Year Since launch 18.8% Historical performance (Yearly) on absolute basis
Year Returns 2021 27.9% 2020 14.2% 2019 7.6% 2018 -2.9% 2017 30.6% 2016 7.4% 2015 1.1% 2014 44.7% 2013 9.3% 2012 36.1% Fund Manager information for Aditya Birla Sun Life Frontline Equity Fund
Name Since Tenure Mahesh Patil 17 Nov 05 16.55 Yr. Data below for Aditya Birla Sun Life Frontline Equity Fund as on 31 May 22
Equity Sector Allocation
Sector Value Financial Services 36.02% Technology 12.66% Consumer Cyclical 9.03% Energy 8.39% Consumer Defensive 6.38% Basic Materials 6.23% Health Care 5.96% Communication Services 5.41% Industrials 4.71% Utility 1.6% Real Estate 0.86% Asset Allocation
Asset Class Value Cash 2.48% Equity 97.51% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK9% ₹1,955 Cr 26,294,984
↓ -574,750 Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY7% ₹1,514 Cr 9,656,063 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 07 | HDFCBANK7% ₹1,469 Cr 10,606,005
↑ 129,010 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 05 | RELIANCE6% ₹1,247 Cr 4,470,294
↑ 64,444 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL4% ₹902 Cr 12,208,760 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 08 | LT4% ₹843 Cr 4,973,099
↓ -3,450 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | AXISBANK4% ₹783 Cr 10,739,926 State Bank of India (Financial Services)
Equity, Since 31 Oct 08 | SBIN3% ₹633 Cr 12,762,860 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 12 | HCLTECH2% ₹484 Cr 4,484,692
↓ -262,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 08 | HDFC2% ₹479 Cr 2,147,908
↑ 144,600 2. Aditya Birla Sun Life Small Cap Fund
CAGR/Annualized
return of 10.5% since its launch. Ranked 1 in Small Cap
category. Return for 2021 was 51.4% , 2020 was 19.8% and 2019 was -11.5% . Aditya Birla Sun Life Small Cap Fund
Growth Launch Date 31 May 07 NAV (24 Jun 22) ₹45.7447 ↑ 0.64 (1.42 %) Net Assets (Cr) ₹2,668 on 31 May 22 Category Equity - Small Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.18 Sharpe Ratio -0.1 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 May 17 ₹10,000 31 May 18 ₹11,126 31 May 19 ₹9,631 31 May 20 ₹6,034 31 May 21 ₹13,044 31 May 22 ₹13,133 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 24 Jun 22 Duration Returns 1 Month -3% 3 Month -10.5% 6 Month -15.6% 1 Year -6.6% 3 Year 11.6% 5 Year 4.5% 10 Year 15 Year Since launch 10.5% Historical performance (Yearly) on absolute basis
Year Returns 2021 51.4% 2020 19.8% 2019 -11.5% 2018 -22.6% 2017 56.7% 2016 9.7% 2015 13.4% 2014 66.3% 2013 4.8% 2012 31.9% Fund Manager information for Aditya Birla Sun Life Small Cap Fund
Name Since Tenure Nitesh Jain 1 Apr 22 0.16 Yr. Vishal Gajwani 1 Apr 22 0.16 Yr. Data below for Aditya Birla Sun Life Small Cap Fund as on 31 May 22
Equity Sector Allocation
Sector Value Basic Materials 17.61% Consumer Cyclical 17.1% Industrials 16.76% Financial Services 10.31% Consumer Defensive 8.72% Technology 8.66% Health Care 7.36% Real Estate 3.08% Communication Services 3.05% Asset Allocation
Asset Class Value Cash 6.17% Equity 93.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity Deepak Nitrite Ltd (Basic Materials)
Equity, Since 30 Jun 17 | DEEPAKNTR3% ₹90 Cr 388,430 JK Cement Ltd (Basic Materials)
Equity, Since 31 Mar 18 | JKCEMENT3% ₹88 Cr 332,585 Amber Enterprises India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Sep 20 | AMBER3% ₹78 Cr 211,341 Cyient Ltd (Industrials)
Equity, Since 30 Jun 14 | CYIENT3% ₹72 Cr 811,179
↓ -236,925 Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 30 Sep 20 | POWERINDIA2% ₹70 Cr 223,165 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 Dec 18 | CHOLAHLDNG2% ₹70 Cr 1,072,811 Birlasoft Ltd (Technology)
Equity, Since 30 Sep 21 | BSOFT2% ₹65 Cr 1,568,297 BEML Ltd (Industrials)
Equity, Since 28 Feb 18 | BEML2% ₹60 Cr 363,357 Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 31 May 20 | RADICO2% ₹60 Cr 668,871 CCL Products (India) Ltd (Consumer Defensive)
Equity, Since 31 May 20 | CCL2% ₹58 Cr 1,431,021 3. Aditya Birla Sun Life Equity Advantage Fund
CAGR/Annualized
return of 16.8% since its launch. Ranked 10 in Large & Mid Cap
category. Return for 2021 was 38.3% , 2020 was 18.3% and 2019 was 8.9% . Aditya Birla Sun Life Equity Advantage Fund
Growth Launch Date 24 Feb 95 NAV (24 Jun 22) ₹538.22 ↑ 6.29 (1.18 %) Net Assets (Cr) ₹5,205 on 31 May 22 Category Equity - Large & Mid Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.98 Sharpe Ratio -0.21 Information Ratio -0.44 Alpha Ratio -8.74 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 May 17 ₹10,000 31 May 18 ₹10,701 31 May 19 ₹10,649 31 May 20 ₹8,507 31 May 21 ₹14,764 31 May 22 ₹14,672 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 24 Jun 22 Duration Returns 1 Month -3.6% 3 Month -15.6% 6 Month -20.2% 1 Year -9.2% 3 Year 9.9% 5 Year 6.7% 10 Year 15 Year Since launch 16.8% Historical performance (Yearly) on absolute basis
Year Returns 2021 38.3% 2020 18.3% 2019 8.9% 2018 -13.7% 2017 41.8% 2016 8.5% 2015 5.2% 2014 60.1% 2013 7.2% 2012 29.7% Fund Manager information for Aditya Birla Sun Life Equity Advantage Fund
Name Since Tenure Satyabrata Mohanty 17 Oct 11 10.63 Yr. Data below for Aditya Birla Sun Life Equity Advantage Fund as on 31 May 22
Equity Sector Allocation
Sector Value Financial Services 23% Basic Materials 17.27% Technology 14.01% Health Care 11.19% Industrials 10.81% Consumer Cyclical 9.97% Energy 5.63% Communication Services 3.24% Utility 2.4% Consumer Defensive 0.71% Asset Allocation
Asset Class Value Cash 1.76% Equity 98.24% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK8% ₹463 Cr 6,224,770
↑ 376,776 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 17 | RELIANCE6% ₹319 Cr 1,141,734
↑ 202,784 Voltas Ltd (Industrials)
Equity, Since 31 Oct 13 | VOLTAS4% ₹242 Cr 1,921,538 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | AXISBANK3% ₹196 Cr 2,694,839
↑ 157,379 Infosys Ltd (Technology)
Equity, Since 31 Jul 20 | INFY3% ₹191 Cr 1,219,816
↓ -454,959 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹180 Cr 3,632,679 JK Cement Ltd (Basic Materials)
Equity, Since 31 Jan 20 | JKCEMENT3% ₹169 Cr 636,742 Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 28 Feb 18 | LTI3% ₹164 Cr 338,160
↓ -84,711 Atul Ltd (Basic Materials)
Equity, Since 30 Nov 18 | ATUL3% ₹146 Cr 162,542 Gujarat Gas Ltd (Utilities)
Equity, Since 31 Mar 19 | GUJGASLTD2% ₹136 Cr 2,814,364 4. Aditya Birla Sun Life Tax Relief '96
CAGR/Annualized
return of 9.5% since its launch. Ranked 4 in ELSS
category. Return for 2021 was 12.7% , 2020 was 15.2% and 2019 was 4.3% . Aditya Birla Sun Life Tax Relief '96
Growth Launch Date 6 Mar 08 NAV (24 Jun 22) ₹36.63 ↑ 0.36 (0.99 %) Net Assets (Cr) ₹13,185 on 31 May 22 Category Equity - ELSS AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.86 Sharpe Ratio -0.68 Information Ratio -1.27 Alpha Ratio -9.55 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 May 17 ₹10,000 31 May 18 ₹11,831 31 May 19 ₹11,899 31 May 20 ₹10,180 31 May 21 ₹14,826 31 May 22 ₹14,409 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 24 Jun 22 Duration Returns 1 Month -2.2% 3 Month -7% 6 Month -10.7% 1 Year -8.2% 3 Year 6.3% 5 Year 6.2% 10 Year 15 Year Since launch 9.5% Historical performance (Yearly) on absolute basis
Year Returns 2021 12.7% 2020 15.2% 2019 4.3% 2018 -4.5% 2017 43.2% 2016 3.4% 2015 9.2% 2014 54.6% 2013 9.1% 2012 36.6% Fund Manager information for Aditya Birla Sun Life Tax Relief '96
Name Since Tenure Atul Penkar 31 Dec 21 0.41 Yr. Dhaval Gala 1 Apr 22 0.17 Yr. Data below for Aditya Birla Sun Life Tax Relief '96 as on 31 May 22
Equity Sector Allocation
Sector Value Financial Services 28.26% Health Care 13.89% Industrials 13.39% Consumer Cyclical 13.16% Basic Materials 11.28% Energy 9% Technology 5.54% Consumer Defensive 4.7% Communication Services 0.04% Asset Allocation
Asset Class Value Cash 0.75% Equity 99.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE9% ₹1,236 Cr 4,428,689
↓ -230,545 Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | HONAUT7% ₹913 Cr 227,564
↓ -21,050 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC6% ₹827 Cr 3,710,162 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹798 Cr 10,740,869
↑ 800,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK6% ₹780 Cr 4,357,270 Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER5% ₹658 Cr 1,500,945
↓ -48,576 Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | BAYERCROP4% ₹607 Cr 1,305,407
↓ -15,000 GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | GLAXO4% ₹555 Cr 3,530,486 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT4% ₹547 Cr 3,227,082 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK4% ₹515 Cr 3,716,719
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.