Birla Sun Life Mutual Fund

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Aditya Birla Sun Life Mutual Funds Overview (ABSMF)

Established in the year 1994, Aditya Birla Sun Life Mutual fund is a joint venture between one of the leading business corporations of India, Aditya Birla Group and Sun Life Financial Company of Canada. Aditya Birla Sun Life Mutual Fund is a popular investment firm whose main objective is to facilitate investors with professional expertise so that they can manage their mutual fund with ease.

The company offers various portfolios and aims to reduce the investment risk of the investors by concentrating on superior risk adjustment. Birla Sun life MF deal majorly in 4 funds classes i.e. equity funds, income funds, debt funds and ELSS funds (Equity Linked Saving Scheme).  Birla Sunlife Mutual Fund scheme is an excellent choice of investment in order to multiply the savings and add value to it.

Products offered by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund products include an array of investment options like specific and diversified sector equity schemes, the different fund of fund schemes, monthly income funds, hybrid funds and different types of treasury and debt products. Some of the best products from the extensive range offered by Birla Sun Life Mutual Fund are:-

Regular Income Product

The regular income product aims to provide a continuous flow of income, along with an option to secure the investor’s money.

Wealth Creation Product

This product is most beneficial for those investors who want to multiply their money by investing in the different types of gold and equity investment options. These products are available in the range of conservative to aggressive scheme options.

Savings Product

Savings products intend to preserve the capital of the investors’ and also provide them with the advantage of liquidity along with the attractive tax-efficient returns. Moreover, the returns offered by the savings scheme are much higher than those offered by FD’s and bank accounts.

Tax Saving Funds

Birla Sun Life Mutual Fund also offers tax-saving products that decrease the tax burden of the investors, as well as focuses on multiplying their money through investment in equity funds.

Salient Features of Aditya Birla Sun Life Mutual Funds

  • Birla Sun Life Mutual Fund Scheme is one of the leading fund houses in India which majorly deal with different fund classes like equity, debt, income and ELSS funds.
  • The equity schemes offered by Birla Sun Life Mutual Fund have set a new benchmark in the market, providing long-term capital appreciation to the investors.
  • The products offered by Birla Sun life Mutual Fund scheme is an outcome of innovation and research.
  • Equity and debt products offered by Birla Sun Life MF are specifically designed as per the needs, risk appetite, and the financial goals of the investors.
  • The fund manager optimizes the ideal portfolio for investors by considering their time horizon, financial goals, investment outlook and risk appetite so that they can gain maximum return on investment over a long-term period.
  • It provides a diverse investment option to its investors. Birla Sunlife MF continuously guides the investors so that they can meet their ultimate financial goals.
  • The equity-linked saving scheme (ELSS) offered by Birla Sun Life Mutual Fund provide the investors with the benefit of tax exemption U/S 80C of IT Act.
  • Birla Sun Life Mutual Fund offers both conservative and aggressive investment plans to the investors.

Top 5 Funds to Invest in Aditya Birla Sunlife Mutual Fund

There is a wide range of fund options offered by Birla Sunlife Mutual Fund. Here we have shown the top 5 funds offered by Birla Sun Life Mutual Fund.

Top 5 ABSLMF 1yr Return 3yr Return 5yr Return 10yr Return
Aditya Birla Sun Life Equity Fund 9.89 12.87 21.55 11.93
Aditya Birla Sun Life Floating Rate Fund 6.87 7.38 8.13 7.98
Aditya Birla Sun Life Frontline Equity Fund 8.41 9.08 16.35 12.62
Aditya Birla Sun Life Focused Equity Fund 7.49 8.73 16.90 12.01
Aditya Birla Sun Life Advantage Fund 8.60 11.28 21.81 11.50

Aditya Birla Sunlife Equity Advantage Fund (Add Equity in the Table as well)

This is an open-ended equity oriented scheme, which aims to provide a long-term capital appreciation to the investors by making investment majorly in equity and equity-related securities of large-cap and mid-cap companies. In this fund option, 52.87% of asset is invested in large-cap stocks, 34.31% of asset is invested in mi-cap stocks and 8.21% of asset is invested in small-cap stocks. This Birla Sunlife MF scheme is best suitable for investors who have a high-risk appetite and who want to create wealth over a long-term period by gaining high returns on investment.

Aditya Birla Sunlife Equity Fund

This is an open-ended equity-oriented mutual fund scheme, which aims is to provide long-term capital appreciation to the investors. Under this scheme, 90% of the asset is allocated in equity and equity-related securities and 10% in debt and money market securities. The fund offers moderately high risk on investment and is best suitable for individuals who have a high-risk appetite. This is an ideal fund option for investors to gain the long-term capital appreciation and high returns on investment.

Aditya Birla Sunlife Floating rate Fund

This is an open-ended debt fund which aims to generate regular income for the investors. In this fund option, the investment is majorly made in debt and money market instruments. This fund is best suitable for investors who have a low-risk appetite and gain a regular return on investment over a long-term period.

Aditya Birla Sunlife Focused Equity Fund

This is an open-ended equity scheme that aims to provide long-term capital growth to the investors by making investment majorly in equity stocks of large-cap and mid-cap companies. Under this fund option, 94.91% of asset is allocated in equity and equity-related securities of large-cap and mid-cap companies. This fund is best suitable for investors who have a high-risk appetite and who want to gain a high return on investment over a long-term period.

Aditya Birla Sunlife Frontline Equity Fund

Aditya Birla Sunlife Mutual Fund Frontline equity fund is an open-ended equity scheme, which aims to generate long-term capital appreciation to the investors. In this fund option, the investment is majorly done in equity stocks of large-cap and mid-cap companies. The Aditya Birla Sunlife Frontline Equity Fund invests 96.30% of the income in an equity fund, 2.09% of asset in debt fund and 1.61% of asset in others. This fund is best suitable for investors who want to make an investment for 3-4 years and who have a high-risk appetite.

Aditya Birla Sun Life Mutual Fund:  Equity Funds

The equity funds offered by Aditya Birla Sun Life Mutual Fund are high to medium risk funds invested in equities and stocks with an objective to provide investors with a higher return on investments. Aditya Birla Sunlife MF equity schemes are designed to offer long term capital appreciation to the investors based on their risk appetite.

ABSL Mutual Fund Equity Schemes 1 Year Returns (Rolling) 3 Year Returns (Rolling) 5 Year Returns (Rolling)
Aditya Birla SL Digital India Fund 29.50% 13.41% 16.11%
Aditya Birla SL Dividend Yield Fund -14.44% 5.39% 13.34%
Aditya Birla SL Equity Fund -6.83% 12.77% 20.24%
Aditya Birla SL Intl. Equity Fund 23.78% 9.55% 6.80%
Aditya Birla SL Midcap Fund -16.76% 8.78% 21.32%

Aditya Birla Sunlife Digital India Fund (Growth)

This is an open-ended equity scheme which aims to provide long-term capital growth to the investors with a target allocation of 100% equity. The fund focuses on investing in technology and technology depended companies, software, telecom, peripheral and components, media, e-commerce and internet and other technology-enabled companies. Under this fund option, 65.94% asset is invested in large-cap stocks, 8% in mid-cap stocks and 18.59% in small-cap stocks.

Aditya Birla Sunlife Dividend Yield Fund

This is an open-ended equity scheme, wherein 98.48% of the asset is allocated in equity scheme and 1.90% of asset is allocated in debt. The fund aims to provide capital growth to the investors and regular return on investment by making investment predominantly in a well-diversified portfolio of dividend-paying companies, which have a moderately high dividend yield.

Aditya Birla Sunlife MF Equity Fund

This is an open-ended equity multi-cap fund that main objective is to provide long-term capital appreciation to the investors along with the benefit of profitable returns on investment. Under this fund option, 90% of the asset is allocated in equity and 10% in debt and money market securities. This fund is best suitable for investors who have moderately a high-risk appetite and who want to gain a high return on investment over a long-term period.

Aditya Birla Sunlife Intl.Equity Fund

This is an open-ended equity thematic fund, which provides an opportunity for the investors to accumulate fund by making an investment in the international market. The investors can start investing in this equity fund offered by Aditya Birla Sunlife MF with a minimum investment of Rs.1000. Under this fund option, 96.24% of the asset is allocated in equity and equity-related securities and 3.42% of the asset is allocated in debt instruments. This fund is best suitable for investors who have advanced knowledge of macro trends and who can take higher risk. 

Aditya Birla Sunlife Mid-cap Fund

ABSLMCF offered by Birla Mutual Fund is an open-ended equity mid-cap fund. The fund aims to generate long-term capital growth for the investors, by investing primarily in mid-cap stocks. Under this fund option, 99.19% of asset is allocated in equity stocks of mid-cap companies. This fund is best suitable for investors who have a high-risk appetite and who want to gain a high return on investment over a long-term period.

Aditya Birla Sunlife Mutual Fund: Tax Saving Funds

Aditya Birla Sunlife MF tax saving fund is also known as an equity-linked saving scheme which offers the benefit of tax exemption under section 80C of Income Tax Act.

Aditya Birla Sunlife Mutual Fund: Tax Saving Funds

Aditya Birla Sunlife MF tax saving fund is also known as an equity-linked saving scheme which offers the benefit of tax exemption under section 80C of Income Tax Act.

Scheme Name Risk 5 year return (%) Fund Objective
Aditya Birla Sun Life Tax Relief 96 Moderately high 21.89 It is an open-ended ELSS Scheme which has a lock-in period of 3 years which makes you eligible to avail a tax benefit under section 80C of the Income Tax Act. The scheme aims to achieve the objective to save tax and enable capital appreciation through investment in equity and equity-related securities.

Aditya Birla Sunlife Tax Relief 96

This is an open-ended equity-linked saving scheme, which comes with a lock-in period of 3 years. The fund aims to provide long-term capital appreciation to the investors along with the benefit of tax exemption under section 80C of the Income Tax Act. Under his fund option, the investment is made in equity ad equity-related securities. Moreover, one can claim a tax-exemption up to the maximum limit of Rs.1.5 lakh.

Aditya Birla Sunlife Mutual Fund:  Debt Funds

The debt funds offered by Aditya Birla Sunlife Mutual Fund majorly invest in debt and money market instruments. Let’s take a look at the top-performing debt funds offered by Birla Mutual Fund.

ABSL Mutual Fund Debt Schemes 1 Year Return (Trailing) 3 Year Return (Trailing) 5 Year Return (Trailing)
Aditya Birla SL Dynamic Bond Fund 1.10% 6.05% 8.31%
Aditya Birla SL Credit Risk Fund 4.70% 7.91%  
Aditya Birla SL Low Duration Fund 6.05% 7.04% 7.69%
Aditya Birla SL Money Manager Fund 7.37% 7.25% 7.86%
Aditya Birla SL Income Fund 0.70% 5.96% 7.86%

Aditya Birla Sunlife Dynamic Bond Fund (Growth)

This is an open-ended debt fund offered by Birla Sunlife MF. Under this fund option, 96.63% of asset is allocated in debt instruments and low-risk securities. This fund offers moderate risk to the investors and is best suitable for individuals who want to gain a regular return on investment.

Aditya Birla Sunlife Credit Risk Fund

This is a debt fund offered by Aditya Birla Sunlife MF, which aim to generate returns by predominantly investing in the portfolio of corporate debt securities. This fund is best suitable for investors who have a low-risk appetite and want to gain long-term investment returns.

Aditya Birla Sunlife Low Duration Fund

Birla MF offers Aditya Birla Sunlife Low Duration Fund, which aims to generate regular returns to the investors by making investments predominantly in debt and money market instruments. This fund is best suitable for investors who want to invest for 1-3 years.

Aditya Birla Sunlife Money Manager Fund

This is an open-ended debt fund, which aims to generate regular income by making investment majorly in money market instruments. This fund is best suitable for investors who want to invest for a short-term period and have a low-risk appetite.

Aditya Birla Sunlife Income Fund

This is moderate to long-duration debt fund, which aims to generate a consistent return to the investors by making the investment in debt and government securities.

Aditya Birla Sunlife Mutual Fund: Hybrid Funds

The hybrid funds offered by Aditya Birla Sunlife Mutual Fund invest both in equity as well as debt/money market instrument. Let’s take a look at the top-performing hybrid funds offered by Birla Sunlife MF.

ABSL Mutual Fund Debt Scheme 1 Year Returns (Rolling) 3 Year Returns (Rolling) 5 Year Returns (Rolling)
Aditya Birla SL Balanced Advantage Fund -0.84% 11.19% 12.69%
Aditya Birla SL Equity Hybrid ’95 Fund -6.83% 9.01% 15.47%
Aditya Birla SL Equity Savings Fund -3.34% 7.10% -

The Process to Invest in Aditya Birla Sun Life Mutual Funds

Whether you are a new investor or seasoned investor, the process to invest in Birla Sunlife Mutual Fund is very easy and hassle-free. The investors can visit the company website and choose from a diverse list of funds which are specifically designed keeping in mind the investor’s investment objectives and risk profile. The steps that are required to be followed while investing in Aditya Birla Sun life Mutual Fund are:

Step1- As per your own requirement and suitability, choose the fund and the amount you want to invest per month.

Step2- Complete your KYC formality.

Step 3- Provide all the required details.

Step 4- Make the payment.

Documents Needed to Invest in Aditya Birla Sunlife Mutual Fund Scheme

It is mandatory for every investor to complete their Know Your Customer (KYC) and In-Person verification (IPV) process. Along with the KYC, the other documents that are required to invest in Birla Sun Life Mutual Fund Schemes are:

  • ID Proof
  • Passport
  • Aadhaar Card
  • PAN card
  • Driving License
  • Voter ID

Residential Proof

The investor can submit the same ID proof documents for residential proof (except PAN). Utility bills, lease/rental agreement and ration card can also be used for the purpose of residential proof. In case, the permanent address and residential address of an individual is not the same, then he/she will have to submit the proof for both.

Birla Sun Life Mutual Fund KYC Form

Under the Prevention of Money Laundering Act, 2002, the Securities and Exchange Board of India has issued a guideline which obliges Mutual Fund providers to follow improved Know Your Customers(KYC) norms.

Know Your Customer (KYC) is a term which is generally used for the process of customer identification. The SEBI has agreed on certain requirements relating to the “know your customer” norms for financial intermediaries and financial institution including the mutual fund providers in order to know their clients.

BSLMF has recently launched an eKYC portal, known as electronic-Know Your Customer facility, which provides an opportunity for new investors to complete the process of KYC online. Through the process of e-KYC, the customer can easily fill all the required details and documents online, without needing to physically visit the centre of submission. Once the investor completes the electronic, but in-person verification, the KYC formalities are considered complete and the documents are processed by the KYC registration agency.

How to Check the Birla Sun Life Mutual Fund Status?

Investors who want to check their Birla Sun life NAV can visit the official website of Birla Sun Life Mutual Fund, i.e., www.adityabirlacapital[dot]com/Mutual_Fund/Mybsfs/Investor/Login[dot]aspx to check the performance of the fund.

In order to check the status of the fund, the investor will have to register him/herself first. In case, of registered users, they are simply required to log in to the website by entering their user ID and Password and check the fund performance online.

Moreover, for any types of queries or details, one can also contact the customer care number of Birla Sun Life Mutual Fund or can shoot an email at connect@birlasunlife[dot]com

The process to get the online statement of Birla Sun Life Mutual Fund is:-

  • Visit the official website of BSLMF
  • Click on the link to customer service available on the page.
  • A new page will appear. Provide the required details like e-mail, statement period, etc. and click on the submit button.
  • A pop-up message of confirmation will appear on the screen.
  • The account statement will be sent to the email of the investor.

About Aditya Birla Sunlife Mutual Funds 

Established in the year 1994, Aditya Birla Sun Life Mutual Fund is co-sponsored by Aditya Birla Capital Limited and Sun Life (India) AMC Investments INC. The company has a wide network with 150 branch offices and other distribution channels across different cities in India. The company aims to increase the reach and debt of mutual fund in the country. The joint venture between both the companies blends the experience of Aditya Birla Group in the Indian market and Sun Life Financial Company global experience.