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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 ₹76.6552
↑ 0.81 ₹4,444 5.6 17.7 50.2 22 17.3 39.4 Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹51.94
↑ 0.18 ₹2,990 5.6 12.3 30.6 17.8 12.5 21.7 Aditya Birla Sun Life Equity Fund Growth ₹1,533.98
↑ 3.92 ₹19,967 7.6 21.4 39.5 18.1 16.3 26 Aditya Birla Sun Life Focused Equity Fund Growth ₹122.806
↑ 0.57 ₹7,056 7.8 21.5 38.2 18.4 15.7 23 Aditya Birla Sun Life Equity Advantage Fund Growth ₹797.93
↑ 2.77 ₹5,526 6.3 18.1 37.2 14.1 14.8 26.9 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Apr 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 Money Manager Fund Growth ₹338.715
↑ 0.10 ₹18,375 2.1 3.9 7.6 5.8 7.4 7.93% 9M 22D 9M 25D Aditya Birla Sun Life Savings Fund Growth ₹501.391
↑ 0.06 ₹10,748 2.1 3.8 7.5 5.8 7.2 7.95% 5M 12D 6M 4D Aditya Birla Sun Life Corporate Bond Fund Growth ₹101.885
↑ 0.08 ₹21,135 1.9 4.1 7.3 5.7 7.3 7.68% 3Y 7M 2D 5Y 6M 14D Aditya Birla Sun Life Floating Rate Fund - Long Term Growth ₹317.098
↑ 0.10 ₹11,409 2.1 3.9 7.6 5.9 7.5 7.93% 1Y 25D 2Y 7M 2D Aditya Birla Sun Life Liquid Fund Growth ₹387.615
↑ 0.07 ₹29,764 1.9 3.7 7.2 5.5 7.1 7.47% 1M 17D 1M 17D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Apr 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 ₹1,333.17
↑ 2.01 ₹7,377 5.7 15.5 29.2 13.9 12.3 21.3 Aditya Birla Sun Life Regular Savings Fund Growth ₹59.1403
↑ 0.06 ₹1,400 2.7 6.1 11.2 8.7 8.8 9.6 Aditya Birla Sun Life Balanced Advantage Fund Growth ₹92.2
↑ 0.22 ₹7,062 5.1 12.4 21.9 12.2 11.9 16.5 Aditya Birla Sun Life Arbitrage Fund Growth ₹24.5113
↑ 0.01 ₹10,549 1.9 3.8 7.7 5.5 5.2 7.1 Aditya Birla Sun Life Equity Savings Fund Growth ₹19.87
↑ 0.02 ₹530 2.4 5.6 14.5 7.5 8.4 11.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Apr 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 ₹52.14
↑ 0.15 ₹14,976 6.9 18.9 34.4 11.9 10.6 18.9 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Apr 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 (23 Apr 24) ₹455.81 ↑ 1.12 (0.25 %) Net Assets (Cr) ₹26,878 on 31 Mar 24 Category Equity - Large Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.73 Sharpe Ratio 2.38 Information Ratio 0.1 Alpha Ratio 2.21 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 Mar 19 ₹10,000 31 Mar 20 ₹7,279 31 Mar 21 ₹12,388 31 Mar 22 ₹14,880 31 Mar 23 ₹14,915 31 Mar 24 ₹19,963 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 23 Apr 24 Duration Returns 1 Month 2.2% 3 Month 6.7% 6 Month 18.5% 1 Year 33.5% 3 Year 18.4% 5 Year 15.3% 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 18.38 Yr. Dhaval Joshi 21 Nov 22 1.36 Yr. Data below for Aditya Birla Sun Life Frontline Equity Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 31.13% Consumer Cyclical 14.24% Technology 10% Industrials 8.2% Consumer Defensive 7.35% Energy 7.09% Health Care 6.16% Basic Materials 5.65% Communication Services 3.98% Utility 2.68% Real Estate 2.03% Asset Allocation
Asset Class Value Cash 1.16% Equity 98.5% Debt 0.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK8% ₹2,193 Cr 20,842,818 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 07 | HDFCBANK8% ₹2,067 Cr 14,726,480
↓ -118,087 Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY6% ₹1,645 Cr 9,825,674
↑ 248,920 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 05 | RELIANCE6% ₹1,576 Cr 5,393,755 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 08 | LT5% ₹1,314 Cr 3,777,376
↑ 56,250 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL3% ₹855 Cr 7,614,037
↓ -150,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | 5322153% ₹810 Cr 7,538,312 State Bank of India (Financial Services)
Equity, Since 31 Oct 08 | SBIN3% ₹754 Cr 10,080,311 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 May 19 | SUNPHARMA3% ₹747 Cr 4,731,811 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | M&M3% ₹722 Cr 3,735,556 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 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 (23 Apr 24) ₹76.6552 ↑ 0.81 (1.07 %) Net Assets (Cr) ₹4,444 on 31 Mar 24 Category Equity - Small Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.08 Sharpe Ratio 2.44 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 Mar 19 ₹10,000 31 Mar 20 ₹5,668 31 Mar 21 ₹11,904 31 Mar 22 ₹14,426 31 Mar 23 ₹13,839 31 Mar 24 ₹20,221 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 23 Apr 24 Duration Returns 1 Month 7.2% 3 Month 5.6% 6 Month 17.7% 1 Year 50.2% 3 Year 22% 5 Year 17.3% 10 Year 15 Year Since launch 12.7% 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 Vishal Gajwani 4 Oct 22 1.49 Yr. Dhaval Joshi 21 Nov 22 1.36 Yr. Data below for Aditya Birla Sun Life Small Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 26.68% Consumer Cyclical 18.69% Financial Services 14.94% Technology 9.54% Basic Materials 8.1% Health Care 7.12% Consumer Defensive 5.1% Real Estate 4.84% Communication Services 0.7% Asset Allocation
Asset Class Value Cash 3.9% Equity 96.1% Top Securities Holdings / Portfolio
Name Holding Value Quantity JK Cement Ltd (Basic Materials)
Equity, Since 31 Mar 18 | JKCEMENT3% ₹156 Cr 346,400 Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 30 Sep 20 | POWERINDIA2% ₹134 Cr 223,165 Sanofi India Ltd (Healthcare)
Equity, Since 31 Jul 21 | SANOFI2% ₹128 Cr 149,109 TeamLease Services Ltd (Industrials)
Equity, Since 30 Jun 23 | TEAMLEASE2% ₹117 Cr 389,550 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 Dec 18 | CHOLAHLDNG2% ₹113 Cr 1,072,811 R R Kabel Ltd (Industrials)
Equity, Since 30 Sep 23 | 5439812% ₹107 Cr 740,047
↑ 45,000 TD Power Systems Ltd (Industrials)
Equity, Since 30 Jun 23 | TDPOWERSYS2% ₹105 Cr 3,529,376 Go Fashion (India) Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | 5434012% ₹104 Cr 917,687 Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Jun 21 | 5329292% ₹102 Cr 1,023,617 Tega Industries Ltd (Industrials)
Equity, Since 31 Dec 21 | 5434132% ₹100 Cr 856,177 3. Aditya Birla Sun Life Equity Advantage Fund
CAGR/Annualized
return of 17.2% 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 (23 Apr 24) ₹797.93 ↑ 2.77 (0.35 %) Net Assets (Cr) ₹5,526 on 31 Mar 24 Category Equity - Large & Mid Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.96 Sharpe Ratio 2.23 Information Ratio -1.87 Alpha Ratio -6.41 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 Mar 19 ₹10,000 31 Mar 20 ₹7,412 31 Mar 21 ₹13,386 31 Mar 22 ₹15,931 31 Mar 23 ₹14,238 31 Mar 24 ₹19,233 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 23 Apr 24 Duration Returns 1 Month 4.4% 3 Month 6.3% 6 Month 18.1% 1 Year 37.2% 3 Year 14.1% 5 Year 14.8% 10 Year 15 Year Since launch 17.2% 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 Atul Penkar 17 Feb 23 1.12 Yr. Dhaval Joshi 21 Nov 22 1.36 Yr. Data below for Aditya Birla Sun Life Equity Advantage Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Consumer Cyclical 25.22% Financial Services 22.44% Industrials 15.51% Technology 7.8% Energy 6.2% Basic Materials 6.11% Health Care 4.08% Communication Services 4.02% Utility 2.77% Real Estate 2.47% Consumer Defensive 1.64% Asset Allocation
Asset Class Value Cash 1.74% Equity 98.26% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 17 | RELIANCE4% ₹233 Cr 799,120
↓ -100,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 20 | INFY4% ₹215 Cr 1,284,275 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK4% ₹205 Cr 1,943,767
↓ -525,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK3% ₹183 Cr 1,305,081
↓ -150,000 JK Cement Ltd (Basic Materials)
Equity, Since 31 Jan 20 | JKCEMENT2% ₹124 Cr 275,160 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Mar 22 | SUNPHARMA2% ₹113 Cr 713,287 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN2% ₹107 Cr 1,425,462 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 24 | LT2% ₹106 Cr 305,000
↑ 115,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 22 | BHARTIARTL2% ₹104 Cr 927,715 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | TATAMOTORS2% ₹101 Cr 1,067,417
↓ -165,000 4. Aditya Birla Sun Life Tax Relief '96
CAGR/Annualized
return of 10.8% 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 (23 Apr 24) ₹52.14 ↑ 0.15 (0.29 %) Net Assets (Cr) ₹14,976 on 31 Mar 24 Category Equity - ELSS AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.75 Sharpe Ratio 2.26 Information Ratio -2.57 Alpha Ratio -3.21 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,832 31 Mar 21 ₹12,171 31 Mar 22 ₹12,659 31 Mar 23 ₹12,105 31 Mar 24 ₹16,067 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 23 Apr 24 Duration Returns 1 Month 3.6% 3 Month 6.9% 6 Month 18.9% 1 Year 34.4% 3 Year 11.9% 5 Year 10.6% 10 Year 15 Year Since launch 10.8% 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 Atul Penkar 31 Dec 21 2.25 Yr. Dhaval Gala 1 Apr 22 2 Yr. Dhaval Joshi 21 Nov 22 1.36 Yr. Data below for Aditya Birla Sun Life Tax Relief '96 as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 24.21% Consumer Cyclical 18.71% Industrials 11.24% Technology 8.88% Energy 8.37% Health Care 7.91% Basic Materials 7.37% Consumer Defensive 5.79% Communication Services 3.01% Utility 1.27% Real Estate 1.12% Asset Allocation
Asset Class Value Cash 1.51% Equity 97.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE6% ₹923 Cr 3,160,213 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹919 Cr 8,737,798
↓ -1,600,000 Infosys Ltd (Technology)
Equity, Since 30 Jun 08 | INFY6% ₹867 Cr 5,181,429 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK5% ₹811 Cr 5,775,995
↓ -500,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT5% ₹729 Cr 2,095,752 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 22 | BHARTIARTL3% ₹452 Cr 4,023,420 Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | HONAUT3% ₹452 Cr 119,063 TVS Holdings Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | 5200563% ₹417 Cr 460,256 Fortis Healthcare Ltd (Healthcare)
Equity, Since 31 Jan 20 | 5328433% ₹389 Cr 9,542,579 State Bank of India (Financial Services)
Equity, Since 31 Jan 22 | SBIN2% ₹324 Cr 4,328,465
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.