Aditya Birla Sun Life Mutual Fund - 2023 Latest MF, NAV, Results and Returns - Groww (2023)

Aditya Birla Sun Life Investment Fund(ABSLMF) is a joint venture between Aditya Birla Capital Limited, an Indian company, and Sun Life AMC Investments, Inc, a Canadian financial services company.

Based in Mumbai, it was previously named Birla Sun Life Asset Management Company Limited. It was established in 1994 and has successfully worked in the Indian financial industry for 25 years.

The parent companies, Aditya Birla Group and Sun Life Financial, Inc., are large financial companies with a rich heritage in wealth creation and management. The Aditya Birla Group is the third largest business group in India with total revenues of over $41 billion.

Sun Life, on the other hand, is one of the largest life insurance companies in the world and another area of ​​specialization is asset management. 236th on the Fortune 500 list.

ABSLMF is now one of the largest asset managers operating in India. The cumulative average of assets under management (AUM) is Rs.295804.91Tens of millions on March 31, 2022

Aditya Birla Sun Life Investment FundThey mainly support four types of funds:

I. equity fund

2. Income Fund

3. Debt Funds

4. ELSS-fonds

The main aim of ABSLMF is to increase the penetration of mutual funds in India. As of May 2019, there are over 83.2 million mutual fund portfolios in India with a total value of more than Rs 2 crore. 25.43 trillion In the last decade alone, it has quadrupled, with ABSLMF playing a decisive role.

BSLAMC is one of India's leading asset management firms, with approximately 7.9 million investor assets, with a presence in more than 280 locations across India, including metropolitan cities and smaller cities.

ABSLMF takes a proactive approach to making the entire mutual fund management process simple and transparent for the convenience of investors and trading partners. Their portfolio of financial products and services includes sector-specific equity options, treasury and debt products, fund programs and mixed income funds.

List of Aditya Birla Sunlife Mutual Funds in India

fund nameCategoriesrisk1 year returnresultFund size (in kr)
Aditya Birla Sun Life Medium Term Funddebtmedium high24,8%51852 rupees
Aditya Birla Sun Life Dynamic Bond Retailfondsdebtease10,8%51955 rupees
Aditya Birla Sun Life Floating Rate Direct Funddebtlow to moderate6,8%512,093 rupees
Aditya Birla Sun Life Financial Planning FoF Conservative Planning FundOthermedium high10,9%415 rupees
Aditya Birla Sun Life Credit Venture Funddebtmedium high10,3%41037 rupee
Aditya Birla Sun Life Short Term Direct Funddebtease7,5%44947 rupees
Aditya Birla Sun Life Corporate Bond Funddebtlow to moderate7,1%416,897 rupees
Aditya Birla Sun Life Inkomensfondsdebtease7,9%41515 rupees
Aditya Birla Sun Life Low Maturity Funddebtease6,8%412,215 rupees
debtease6,7%48258 JPY
Fundusz Aditya Birla Sun Life asset managerdebtease6,7%413,881 rupees
Aditya Birla Sun Life Liquiditeitsfondsdebtmedium high6,3%439,131 rupees
Aditya Birla Sun Life Indie GenNext Directhonestlyvery high19,8%33440 rupees
Aditya Birla Sun Life Frontline Equity Directhonestlyvery high17,1%321,780 rupees
Aditya Birla Sun Life Nifty 50 IndexfondsOthervery high16,4%3567 rupees
Show all

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

the name of the investment fundAditya Birla Sun Life Investment Fund
The name of the asset management companyAditya Birla Capital Ltd. & Sun Life (Indie) Investments Inc.
to create23 december 1994
Founding date AMC5 september 1994
the name of the sponsorAditya Birla Capital Ltd. & Sun Life AMC Investments Inc.
trust organizationAditya Birla Sun Life Trustee Private Limited
ChairKumar Mangalam Bella
Managing Director and CEOA. Balasubramana
Compliance OfficerPani Hemanti Wadhwa
Investor Service EmployeeKirti Gupta

why investto grow up?

- Registered inSEBI, AMFI&mad cow disease

- Paperless online and app registration

- Expert advice

- No costs!

To register

How can you invest?

The investment process isAditya Birla Investment Fundis a fairly simple and straightforward process. If done correctly, it shouldn't take more than a few minutes.

Follow these steps to start creating a portfolio:

Step 1: Register a Groww account; existing customers just need to log in.

Step 2: Upload your ID documents like Driver's License, Voter ID, Passport, PAN, Aadhaar, etc.

Step 3: Upload proof of address documents like utility bills, Aadhaar, passport, etc.

Step 4: Choose an investment period that you think is right for you.

Step 5: Choose the level of risk that suits you - High, Medium or Low.

Step 6: Choose oneAditya Birla Sun Life Investment FundYour choise.

Step 7: Select "Start SIP" if you are making a SIP investment or select "Invest once" if you are making a one-time investment.

This completes the investment process.Aditya Birla Investment FundYour purchase should appear in your Groww account within 3-4 business days.

highest fund manager

1. The teacher of Satyabrat Mohanta

Mr. Satyabrata Mohanty is the Head of Mixed Assets at ABSLMF. Mr. Mohanty is a Chartered Accountant by training and has been with Aditya Birla for over 20 years. He joined the organization in 1998 as a management trainee and has held various positions since then. He moved to the asset management department and became co-chairman of that department in 2003. His career in capital management started in 2009 with the same organization and since then his career path has grown.

At various points in his tenure, Mr. Mohanty Advantage, Dividend Yield Plus, India Reforms and Special Situations Funds managed. His favorite investments are companies that show strong long-term growth patterns (20% CAGR and above). Banks and financial services have always been his favorite investment sectors.

Mr. Mohanty has managed some of the world's most successful fundsBirla Investment FundAditya Birla Sun Life Advantage Fund, Aditya Birla Sun Life India Reforms Fund, Aditya Birla Sun Life Special Situations Fund, Aditya Birla Sun Life Dividend Yield Plus Fund.

2. Sir Manish Danji

Mr. Maneesh Dangi is the Chief Investment Officer of ABSLMF and is responsible for the firm's Fixed Income Investments division. Mr. Dangi holds an MBA in Finance and FRM and has been with the company since January 2006.

Before joining Aditya Birla Group, Mr. Dangi Head of Fixed Income Investment Advisory and Commercial Banking at Pioneer Investcorp. With over 20 years of experience, he has built some of the most impressive portfolios at ABSLMF where he manages a team of 22 analysts and fund managers who collectively manage funds worth over Rs 2 crore. 150 crore rupees.

Mr. Dangi manages 19 schemes worth nearly Rs. 44,000 crores. The impressive portfolio includes Aditya Birla Sun Life Credit Risk Fund, Aditya Birla Sun Life Short Term Opportunities Fund, Aditya Birla Sun Life Corporate Bond Fund and Aditya Birla Sun Life Banking & PSU Debt Fund.

3. Pan Mohit Sharma

Mr. Mohit Sharma is a PGDCM holder of the prestigious Kolkata Institute of Management in India, zBirla Sun Life Investment FundSince October 2015, before joining Birla-led AMC, Mr. Sharma ran his private medical technology company since 2012. He started his career as a capital markets analyst at Irevna Ltd for one year. (a subsidiary of CRISIL's credit reporting company). He also worked several times with leading domestic financial institutions such as Standard Chartered Bank (2007-2011) and ICICI Bank Limited (2006-2007).

At ABSLMF, Mr. Sharma funds, most of which returned more than 8% annually. His fund management portfolio includes Aditya Birla Sun Life Balanced Advantage Fund, Aditya Birla Sun Life Low Duration Fund, Aditya Birla Sun Life Fixed Term Plan and ABSL Money manager Fund, among others.

4. Gala Pana Dawara

Former student of N.L. Dalmia Institute of Management Studies & Research, Mr. Dhaval Gala completed postgraduate studies in Business Administration (Finance) and is one of the most dynamic fund managers in the worldAditya Birla Investment FundPrior to joining AMC, Mr. Gala gained extensive experience at leading financial firms such as J.P. Morgan Chase India and B&K Securities.

At ABSLMF, Mr. Gala, along with his senior associate, Mr. Satyabrata Mohanty, led the Birla Sun Life Banking and Financial Services Fund division. The total AuM he manages is close to Rs. 1900 crores.

5. Vrouwe Sunina da Cunha

Mrs. Sunaina de Cunha was one of the most consistent employeesAditya Birla Sun Life Investment FundSince 2004. Ms. Cunha began her career with the Aditya Birla Group after qualifying as a CFA Charterholder from the CFA Institute of Virginia. She also attended FMS in Delhi where she completed her MBA studies.

Ms. Cunha's portfolio of funds is impressive to say the least. She managed 13 schemes with a total AuM value of more than Rs. 91,000 crores. Manages Aditya Birla Sun Life Liquid Fund, Aditya Birla Sun Life Savings Fund and Aditya Birla Sun Life Credit Risk Fund, among others.

6. Pan Pranaisingh

Mr. Pranay Sinha attended with distinction IIT-Kharagpur and IIM-Calcutta where he obtained a PGDM Diploma in Finance. Mr. Sinha has over 13 years of extensive business experience with over 10 years in fund management and currency trading.

Mr. Sinha joined ABSLMF in 2014 and quickly rose to the top of the chain, managing some of the most profitable funds. Prior to joining ABSLMF, he held various positions at large companies including BNP Paribas, ICICI Prudential Asset Management Ltd and Morgan Stanley Investment Management. limited company

At ABSLMF, Mr. Sinha oversaw the program of 20 new AuMs above Rs. 21,500 crores.

7. Pan Costa Gupta

Mr Kaustabh Gupta is a chartered accountant and CFA qualified and is one of the brightest financial minds in the industryAditya Birla Sun Life Investment FundAs a senior fund manager, Mr. Gupta has managed some of the most stable programs at ABSLMF. He has 14 years of extensive experience in various fields such as liquidity management, treasury financing and fund management. Prior to joining ABSLMF in 2009, Mr. Gupta was a member of the Asset Liability Management team at ICICI Bank.

Mr. Gupta is currently in charge of 24 schemes with total assets under management in excess of Rs. 1.29 trillion rupees. The most profitable schemes are Aditya Birla Sun Life Government Securities Fund, Aditya Birla Sun Life Corporate Bond Fund, Aditya Birla Sun Life Banking & PSU Debt Fund and Aditya Birla Sun Life Short Term Opportunities Fund.

let's take a closer look at that

Now let's look at the top 15 mutual funds.

Aditya Birla Sun Life Plan for medium term immediate growth

Fund performance:The fund has returned approximately 16.7% and 8.95% annualized returns over the past 3 and 5 years. The Aditya Birla Sun Life Medium Term Fund is part of the Aditya Birla Sun Life Mutual Fund debt category.

Minimum investment amount:Aditya Birla Sun Life Medium Term Fund has a one time minimum amount of Rs 1,000 and a SIP of Rs 1,000.

Minimum investment amount1000 rupees
Wealth management scale1852 JPY Chrome
1 year return24,8%

Aditya Birla Sun Life Dynamic Retail Bond Fund Directe groei

Fund performance:The fund's annual return over the past 3 and 5 years has been approximately 8.14% and 6.43% respectively. Aditya Birla Sun Life Dynamic Bond Retail Fund is part of Aditya Birla Sun Life Mutual Funds debt class.

Minimum investment amount:Aditya Birla Sun Life Dynamic Bond Retail Fund has a one time minimum amount of Rs 1,000 and a SIP of Rs 1,000.

Minimum investment amount1000 rupees
Wealth management scale1955 JPY chrome
1 year return10,8%

Aditya Birla Sun Life Direct Growth Floating Rate Fund

Fund performance:The fund's annual returns over the past 3 and 5 years have been approximately 5.84% and 6.99% respectively. Aditya Birla Sun Life The floating rate direct fund is part of the Aditya Birla Sun Life Mutual Fund debt class.

Minimum investment amount:Aditya Birla Sun Life Variable Rate Direct Fund has a one time minimum amount of Rs 1,000 for SIP and Rs 1,000 for SIP.

Minimum investment amount1000 rupees
Wealth management scale12,093 JPY Chrome
1 year return6,8%

Aditya Birla Sun Life Financial Planning FoF Conservative Planning Immediate Growth

Fund performance:The fund's annual return over the past 3 and 5 years has been approximately 12.49% and 8.53% respectively. Aditya Birla Sun Life Financial Planning FoF Conservative Planning Fund belongs to another category of Aditya Birla Sun Life investment funds.

Minimum investment amount:Aditya Birla Sun Life Financial Planning FoF Conservative Planning Fund has a one time minimum amount of Rs 500 and a SIP of Rs 500.

Minimum investment amount500 rupees
Wealth management scale15 kr
1 year return10,9%

Aditya Birla Sun Life Venture Capital Direct groeifonds

Fund performance:The fund has returned approximately 9.53% and 7.4% annualized over the last 3 and 5 years respectively. The Aditya Birla Sun Life Credit Risk Fund is part of the Aditya Birla Sun Life Mutual Fund debt category.

Minimum investment amount:Aditya Birla Sun Life Credit Risk Fund has a one time minimum amount of Rs 100 and a SIP of Rs 100.

Minimum investment amount100 rupees
Wealth management scale1037 JPY Chrome
1 year return10,3%

Aditya Birla Sun Life Fund for short term direct growth

Fund performance:The fund's annual returns over the past three and five years have been approximately 7.37% and 7.92% respectively. The Aditya Birla Sun Life Short Term Direct Fund is part of the debt class of the Aditya Birla Sun Life Mutual Fund.

Minimum investment amount:Aditya Birla Sun Life Short Term Direct Fund has a one time minimum amount of Rs 1,000 for SIP and Rs 1,000 for SIP.

Minimum investment amount1000 rupees
Wealth management scaleChrome front 4947 JPY
1 year return7,5%

Aditya Birla Sun Life Corporate Bond Fund Direct groei

Fund performance:The fund's annual returns over the past 3 and 5 years have been approximately 6.28% and 7.74% respectively. The Aditya Birla Sun Life Corporate Bond Fund is part of the Aditya Birla Sun Life Mutual Fund debt class.

Minimum investment amount:Aditya Birla Sun Life Corporate Bond Fund has a one time minimum amount of Rs 100 and a SIP of Rs 100.

Minimum investment amount100 rupees
Wealth management scale16,897 JPY Chrome
1 year return7,1%

Aditya Birla Sun Life Income Fund Direct groei

Fund performance:The fund has returned approximately 6.1% and 8.25% annualized over the last 3 and 5 years respectively. The Aditya Birla Sun Life Income Fund is part of the debt category of the Aditya Birla Sun Life Mutual Fund.

Minimum investment amount:The Aditya Birla Sun Life Income Fund has a one time minimum amount of Rs 1,000 and a SIP of Rs 1,000.

Minimum investment amount1000 rupees
Wealth management scale1515 JPY Chrome
1 year return7,9%

Aditya Birla Sun Life Low Maturity Direct Growth Fund

Fund performance:The fund's annual returns over the past 3 and 5 years have been around 5.98% and 7.12% respectively. The Aditya Birla Sun Life Low Maturity Fund is part of the Aditya Birla Sun Life Mutual Fund debt category.

Minimum investment amount:Aditya Birla Sun Life Low Duration Fund has a one time minimum of Rs 100 and SIP of Rs 100.

Minimum investment amount100 rupees
Wealth management scale12,215 JPY Chrome
1 year return6,8%

Fund performance:The fund's annual return over the past 3 and 5 years has been approximately 5.97% and 7.61% respectively. Aditya Birla Sun Life Banking & PSU Debt Fund is part of Aditya Birla Sun Life Mutual Fund debt category.

Minimum investment amount:Aditya Birla Sun Life Banking and PSU Debt Funds have a one time minimum amount of Rs 1,000 and a SIP of Rs 1,000.

Minimum investment amount1000 rupees
Wealth management scale8258 JPY Chrome
1 year return6,7%

Aditya Birla Sun Life Fund Manager Directe fondsgroei

Fund performance:The fund's annual return over the past 3 and 5 years has been approximately 5.21% and 6.42% respectively. Aditya Birla Sun Life Fund Manager funds fall into the debt category of Aditya Birla Sun Life Mutual Funds.

Minimum investment amount:Aditya Birla Sun Life Money Manager Fund has a one time minimum amount of Rs 1,000 and a SIP of Rs 1,000.

Minimum investment amount1000 rupees
Wealth management scale13,881 JPY Chrome
1 year return6,7%

Aditya Birla Sun Life Liquid Fund Direct groei

Fund performance:The fund's annual return over the past 3 and 5 years has been approximately 4.42% and 5.39% respectively. The Aditya Birla Sun Life Liquid Fund is part of the debt class of the Aditya Birla Sun Life Mutual Fund.

Minimum investment amount:Aditya Birla Sun Life Liquid Fund has a one time minimum of Rs 500 and SIP of Rs 500.

Minimum investment amount500 rupees
Wealth management scale39,131 JPY Chrome
1 year return6,3%

Aditya Birla Sun Life India GenNext Direct Growth Fund

Fund performance:The fund has returned 27.97% and 14.29% annually over the past 3 and 5 years, respectively. Aditya Birla Sun Life India GenNext Direct Fund is a share class of Aditya Birla Sun Life Mutual Fund.

Minimum investment amount:Aditya Birla Sun Life India GenNext Direct Fund has a one time minimum amount of Rs 1,000 and a SIP of Rs 1,000.

Minimum investment amount1000 rupees
Wealth management scale3440 JPY Chrome
1 year return19,8%

Aditya Birla Sun Life Frontline Equity Direct Fund Growth

Fund performance:The fund's annual return over the past 3 and 5 years has been approximately 27.29% and 11.23% respectively. The Aditya Birla Sun Life Frontline Equity Direct Fund is part of the Aditya Birla Sun Life Mutual Fund share class.

Minimum investment amount:Aditya Birla Sun Life Frontline Equity Direct Fund has a one time minimum amount of Rs 100 and a SIP of Rs 100.

Minimum investment amount100 rupees
Wealth management scale21,780 JPY Chrome
1 year return17,1%

Directe groei Aditya Birla Sun Life Nifty 50 Index Fund

Fund performance:The fund's annual return over the past 3 and 5 years has been approximately 26.68% and 11.93% respectively. Aditya Birla Sun Life Nifty 50 Index Fund belongs to another category of Aditya Birla Sun Life Mutual Funds.

Minimum investment amount:Aditya Birla Sun Life Nifty 50 Index Fund has a one-time minimum amount of 100 rupees and SIP 100 rupees.

Minimum investment amount100 rupees
Wealth management scale£567Cr
1 year return16,4%
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