Aditya Birla Sun Life Mutual Fund: NAV, Performance & Latest MF Schemes

Aditya Birla Sun Life Mutual Fund is a joint venture between two well-known brands- Aditya Birla Group from India and Sun Life Financial from Canada.

The strategic joint venture blends the rich experience of Aditya Birla Group in the Indian market and the vast global experience of Sun Life to bring some of the best mutual funds and wealth creation opportunities for customers.

The fund was set up in 1994 and has played an important role in expanding the penetration of mutual funds in India. Apart from offering mutual funds, it also offers pension funds, real estate investments, wealth management, and portfolio management services.

Based on the domestic average AUM, Aditya Birla Sun Life is considered one of the largest fund houses in the country. As of March 31st, 2020, the total fund size of the AMC has reached a whopping ₹247521 crore.

Known for its impressive and diversified product suite, strong performance, well-defined investment strategies, and simplified processes, the fund has grown its investor portfolio count to almost 7 million.

The Aditya Birla fund house deals in 4 main fund classes-

• Equity Funds
• Debt Funds
• Income Funds 
• ELSS Funds

Having completed more than 20 years in its journey, all these funds have a good credit rating and offer excellent wealth creation solutions to their customers.

Aditya Birla Sun Life Mutual Fund

Name of the AMC	Aditya Birla Sun Life Mutual Fund
Fund Setup Date	Dec-23-1994
Date of Incorporation	Sep-05-1994
Sponsor	Aditya Birla Capital Ltd. / Sun Life (India) AMC Investments Inc.
Trustee	Aditya Birla Sun Life Trustee Private Limited
Chairman	Mr Kumar Mangalam Birla
CEO / MD	Mr. A. Balasubramanian
Compliance Officer	Ms. Hemanti Wadhwa
Investor Service Officer	Ms. Keerti Gupta
Assets Managed	Rs. 214591.96 crores (as of Jun-30-2020)

Auditors	Messrs Deloitte Haskins & Sells LLP – For Asset Management Company / S. R. Batliboi & Company – For Mutual Fund
Registrars	Computer Age Management Services Pvt. Ltd
Address	One India Bulls Centre, Tower 1, 17th Flr, Jupiter Mill, 841, S.B. Marg, Elphinstone Rd. Mum – 400 013
Fax Nos.	022-43568110/8111
E-mail	care.mutualfunds@adityabirlacapital.com
Source – AMFI

10 top-performing Aditya Birla SunLife Mutual Fund Schemes

Leveraging the extensive knowledge and deep understanding of Aditya Birla Group along with the global experience of Sun Life, Aditya Birla Sun Life Mutual Fund has displayed consistent performance and become a credible name in the industry. 

With over 140 MF schemes across categories, the fund caters to all kinds of investors, regardless of their financial goals, risk appetite, and investment time horizon.

Here we are listing ten top-performing Aditya Birla Sun Life Mutual Funds across various fund categories.

1. Aditya Birla Sun Life Digital India Fund (Category-Equity: sectoral)

It is an open-ended growth scheme launched on 15 Jan 2099 with the key objective of long-term growth of capital.

The fund has a portfolio with a target allocation of 100% equity, with a focus on investing mainly in technology and technology-dependent companies, software, telecom, media, hardware, peripherals and components, and other technology-enabled companies. The fund has a NAV of  ₹98.8 (as of 28 Apr 21).

Key information

Minimum Investment	INR 1,000
Minimum Additional Investment	INR 1,000
Minimum SIP Investment	INR 1,000
Minimum Withdrawal	INR 1,000
Exit Load	1% for 0-365 Days (1%) and above(NIL).
Return Since Inception	CAGR/Annualized return of 11.4% since its launch. Absolute return for 2020, 2019, and 2018 was 59%,  9.6%, and  15.6% respectively.
Assets	₹ 1,148 crores (As of 31 Mar 21)
Expense Ratio	2.6.% (as of 31st March 2021)

2. Aditya Birla Sun Life Gold Fund (category- Gold)

An Open-ended fund of-funds scheme, with a NAV of ₹14.5162 (as of 28 Apr 21), it has an investment objective to offer returns that track returns provided by Birla Sun Life Gold ETF (BSL Gold ETF). 

This Gold fund by ABSL mutual fund was launched on 20 Mar 12 and comes under the moderately high-risk category. 

Key information

Minimum Investment	INR 1,000
Minimum Additional Investment	INR 1,000
Minimum SIP Investment	INR 1,000
Minimum Withdrawal	INR 1,000
Exit Load	1% for 0-365 Days (1%) and above(NIL)
Return Since Inception	CAGR/Annualized return of 4.2% since its launch. Return for 2020, 2019, and 2018 was 26, 21.3 and 6.8% respectively
Assets	₹212 crores (as of 31 Mar 21)
Expense Ratio	0.48% (as of 31st March 2021)

3. Aditya Birla Sun Life Index Fund (Category-Index fund)

An open-ended index-linked growth scheme, the fund has a NAV of ₹146.259 (as of 21 Apr 21). The objective of the fund is to generate returns that are aligned with the performance of Nifty subject to tracking errors.

The fund was launched on 18 Sep 02 and cones under the moderately high-risk category 

Key information

Minimum Investment	INR 1,000
Minimum Additional Investment	INR 1,000
Minimum SIP Investment	INR 1,000
Minimum Withdrawal	INR 1,000
Exit Load	1% for 0-365 Days and NIL for above
Return Since Inception	CAGR/Annualized return of 15.5% since its launch. Return for 2020, 2019  and 2018 was 15.2, 12.4 and 3.2% respectively
Assets	₹239 crores (as of 31 Mar 21)
Expense Ratio	0.64% (as of 31st March 2021)

4. Aditya Birla Sun Life Focused Equity Fund (Category-Equity-Focused)

It is an open-ended growth scheme with a NAV of ₹76.7779 (as of 28 Apr 21). Launched on 24 Oct 05, the fund has the objective to offer medium to long-term capital appreciation, by investing mainly in a diversified portfolio of equity and equity-related securities of top 100 companies (based on market cap).

Key information

Minimum Investment	INR 1,000
Minimum Additional Investment	INR 1,000
Minimum SIP Investment	1000
Minimum Withdrawal	1000
Exit Load	1% for 0-365 Days and NIL for above
Return Since Inception	CAGR/Annualized return of 14% since its launch. Return for 2020, 2019 and 2018 was 16%, 11.3% and -4.1% respectively
Assets	₹4610 Crore (as of 31st March 2021)
Expense Ratio	2.04% (as of 31st Mach, 2021)

5. Aditya Birla Sun Life Equity Fund (Category-Equity – Multi-Cap)

An Open-ended growth scheme with a NAV of ₹964.83 (as of 28 Apr 21), the fund has an objective of long-term capital growth through a portfolio with a target allocation of 90% equity and 10% debt and money market securities. It was launched on 27 Aug 98 and is placed under the moderately high-risk category

Key information

Minimum Investment	INR 1,000
Minimum Additional Investment	INR 1,000
Minimum SIP Investment	INR 1,00
Minimum Withdrawal	–
Exit Load	1% for 0-365 Days and NIL for above
Return Since Inception	CAGR/Annualized return of 22.3% since its launch. Return for 2020, 2019, and 2018 was 16.5, 8.1 and-4.1% respectively,
Assets	₹13,026 Crores (as of 31st March 2021)
Expense Ratio	1.89% (as of 31st March 2021)

6. Aditya Birla Sun Life International Equity Fund – Plan A(Category-Equity-Global)

Open-ended diversified equity with a NAV of ₹30.002 (as of 28 Apr 21), the fund has an objective to generate long-term capital growth, by investing mainly in a diversified portfolio of equity and equity-related securities in the international markets. The fund was launched on 31 Oct 07 and is placed under the high-risk category.

Key information

Minimum Investment	INR 1,000
Minimum Additional Investment	INR 1,000
Minimum SIP Investment	INR 1,000
Minimum Withdrawal	INR 1,000
Exit Load	1% for 0-365 Days and NIL for above
Return Since Inception	CAGR/Annualized return of 8.5%  Return for 2020, 2019 and 2018 was 13.2, 24.7 and 4.1% respectively
Assets	₹110 Crores (as of 31st March 2021)
Expense Ratio	2.53% (as of 31st March 2021)

7. Aditya Birla Sun Life India GenNext Fund (Category-Equity-Sectoral)

With a NAV of ₹111.99 (as of 28 Apr 21), this one-ended growth scheme has the objective to focus on capital growth by investing in equity/equity-related instruments of companies that are likely to benefit from the rising consumption patterns in India (fuelled by disposable incomes of Generation Next).

The fund was launched on 5 Aug 05 and is placed under the high-risk category.

Key information

Minimum Investment	INR 1,000
Minimum Additional Investment	INR 1,000
Minimum SIP Investment	INR 1000
Minimum Withdrawal	INR 1,000
Exit Load	1% for 0-365 Days and NIL for above
Return Since Inception	CAGR/Annualized return of 16.6% since its launch. Return for 2020, 2019, and 2018 was 14.6, 14.6 -1.6% respectively
Assets	₹1,937 Crores (as of 31st March 2021)
Expense Ratio	2.49% (as of 31st March 2021)

8. Aditya Birla Sun Life Balanced Advantage Fund (Category-Hybrid – Dynamic Allocation)

The key objective of the scheme with a NAV of ₹66.46 (as of 28 Apr 21) is to generate long-term capital growth and income distribution relatively lower.

The fund invests primarily in a dynamically balanced portfolio of equity & equity-linked investments and fixed-income securities. It was launched on 25 Apr 00 and is placed under the moderately high-risk category.

Key information

Minimum Investment	INR 1,000
Minimum Additional Investment	INR 1,000
Minimum SIP Investment	INR 1,00
Minimum Withdrawal	–
Exit Load	1% for 0-365 Days and NIL for above
Return Since Inception	Return for 2020, 2019, and 2018 was 15.4, 8.1 and 0.7% respectively
Assets	₹3,181 Crores (as of 31st March 2021)
Expense Ratio	2.06% (as of 31st March 2021)

9. Aditya Birla Sun Life Financial Planning FOF Aggressive Plan (Category-Others-Funds of the fund)

The Scheme with a NAV of ₹29.5771 (as of 28 Apr 21), primarily aims to generate returns by investing in mutual fund schemes selected as per the BSLAMC process and the risk-return profile of investors.

There are 3 plans under the scheme, each of which has a strategic asset allocation based on satisfying the needs of a specific risk-return profile of investors. The fund was launched on 9 May 11 and is placed under the moderately high-risk category.

Key information

Minimum Investment	INR 1,000
Minimum Additional Investment	INR 1,000
Minimum SIP Investment	INR 1,000
Minimum Withdrawal	INR 1,000
Exit Load	1% for 0-365 Days and NIL for above
Return Since Inception	CAGR/Annualized return of 11.5% since its launch. Return for 2020, 2019, and 2018 was 19.2, 6.9 and-2.6% respectively
Assets	₹146 Crores (as of 31st March 2021)
Expense Ratio	1.33% (as of 31st March 2021)

10. Aditya Birla Sun Life Government Securities Find (Category-Debt-Government Bond)

An open-ended government securities scheme with a NAV of  ₹63.6537 (as of 28 Apr 21) has the objective to generate income and capital appreciation by investing exclusively in Government Securities.

It was launched on 12 Oct 99 and is placed under the moderate risk category.

Key information

Minimum Investment	INR 1,000
Minimum Additional Investment	INR 1,000
Minimum SIP Investment	INR 1,000
Minimum Withdrawal	INR 1,000
Exit Load	0.5% for 0-90 Days (0.5%), and NIL above 90 Days
Return Since Inception (16th July 2019:	CAGR/Annualized return of 9% since its launch. Return for 2020, 2019, and 2018 was 12.1, 11 and 6.9% respectively
Assets	₹518 crores (as of 31st March 2021)
Expense Ratio	1.18% (as of 31st March 2021)

How can you invest in Aditya Birla SunLife Mutual via EduFund?

Investing in ABSLAMC is quite simple and quick with EduFund, for both seasoned and first-time investors. All you need to do is visit EduFund to pick from a diverse list of chosen funds that are specially designed, keeping in mind the varied risk profile and investment objectives of investors.

At EduFund, you can be assured of a quick and hassle-free process of selecting any product from ABSLAMC,

The process requires just one KYC formality that will take not more than 5 minutes of your time. Here is the stepwise procedure for investing with EduFund-

Step 1: Select the fund(s) of your choice and the amount you want to invest every month.

Step 2: Provide all your details.

Step 3: Make the payment, and you are done.

Other important details –

• KYC verification through EduFund is a simple process. You can either verify by:

i. Using an OTP sent to your Aadhaar-registered mobile number 

Or

ii. By uploading photos/scan copies of the required documents

• ID Proofs

You need to submit a Xerox copy of your PAN Card, Aadhaar Card, Passport, Voter ID, Driving License or any other central government-approved documents

• Residential proofs

For residential proof, you need to submit the same ID proof (except PAN) if the address on it is your current residential address.

Other documents that you can use include a rental/lease agreement, utility bill, and ration card. In case your permanent address and correspondence address are different, you need to submit proof for both.

Leading fund managers at Aditya Birla Sun Life Mutual Fund

ABSLAMC has a powerful mix of experience and expertise in their fund managers who have the qualification and acumen to identify opportunities and the ability to maneuver investor portfolios and help them achieve optimal returns.

Here are the top 5 fund managers at ABSLAMC-

1. Mr. Mahesh Patil – Co-Chief Investment Officer

Mr. Patil is the Co-Chief Investment Officer (Equity) at ABSL fund. He holds an Engineering degree from VJTI in Mumbai and an MBA in Finance from Jamnalal Bajaj Institute in Mumbai. Apart from this, he is also a charter holder from ICFAI in Hyderabad.  

With an extensive industry experience 27 years, he joined Aditya Birla Sun Life Mutual Fund in 2005 and was later promoted to Co-Chief Investment Officer (Equity) in 2008.

Heading a team of 20 expert analysts and fund managers, Mr. Patil and his team manage funds to manage a massive amount of 92,000 Crores in the equity market both in the form of Birla Sun Life One Time Investment and  Birla Sun Life SIP.

Being an Equity expert, Mr. Patil manages various top-rated equity funds, including Aditya Birla Sun Life Frontline Equity Fund, Aditya Birla Sun Life Focused Equity Fund, and Pure Value Fund.

2. Mr. Maneesh Dangi – Co-Chief Investment Officer

Managing various fixed Income-related funds, Mr. Dangi has rich experience and expertise in handling Debt Funds, Corporate Bonds, PSU Debt Funds, and much more. 

He heads a big team of more than 20 analysts and fund managers with expertise in handling a portfolio of more than 1.6 lakh Crores both in the form of Birla Sun Life SIP and Birla Sun Life One Time Investment.

Among the key funds managed by Mr. Dangi include Aditya Birla Sun Life Short-term Opportunity Fund, Aditya Birla Sun Life Banking, PSU Debt Fund, Aditya Birla Sun Life Corporate Bond, and Aditya Birla Sun Life Credit Risk Fund.

3. Mr. Ajay Garg – Sr Fund Manager

An electronics engineer from Bangalore University and an MBA in Finance from Mumbai University, Mr. Garg also holds a degree from Hartmann College Class of 1987. Before joining the ABSL fund, he had been working with the American Express bank and other stockbroking firms.

Want the extensive experience of more than twenty-five years of managing equity-oriented funds for Aditya Birla Sun Life Mutual Fund, Mr. Garg is an expert in equity.

4. Mr. Anil Shah – Sr Fund  Manager

As a senior fund manager with Aditya Birla Sun Life AMC Limited, Mr. Shah brings with him more than three decades of rich professional experience in Indian equity markets.

Before joining ABSLAMC in 2012, he was a part of RBS Equities (India) Limited for around 15 years.

Mr. Shah is a qualified CA and cost accountant by qualification and executes and regularly reviews various investment strategies for equity portfolios.

5. Mr. Kaustabh Gupta – Sr Fund Manager

A senior fund manager with Aditya Birla Sun Life AMC Limited (ABSLAMC), Mr. Gupta brings with him 15+ years of extensive investment experience.

He has previously worked in areas such as treasury finance and liquidity management in various capacities. Me. Gupta is a chartered accountant and CFA (Level 2) by qualification.

Before joining ABSLAMC in 2009, he worked with ICICI Bank for 5 years in the Asset Liability Management team.

Why should you invest in Aditya Birla Sun Life Mutual Fund?

Aditya Birla Sun Life Mutual Fund works with the mission of maximizing investors’ wealth and becoming a leader in the integrated financial services business.

The AMC follows a long-term, fundamental approach to investments to identify companies with strong fundamentals and excellent growth prospects to be able to offer profitable and sophisticated investment schemes to the investors.

The key focus of ABSL fund’s financial planning department is to prioritize clients’ requirements and create niche solutions leading to desired results.

With expertise in screening, while dealing with clients, the team at ABSL fund connects with clients directly and evaluates their financial status, investment goals, tenure, and source of income to build up a tailored financial plan using the deliberated process of financial planning.

ABSLAMC consistently review the performance of the schemes to analyze their returns’ potential 8n various market scenarios regularly.

Further, the team at ABSL continuously measures the risk factors of the schemes to bring out the plans that best suit the investors’ risk appetite.

Apart from this, the key benefits of ABSL funds schemes include-

ABSL saving solutions benefits

• Helps you save money
• Offer available liquidity
• Much better & tax-efficient return  compared to FD and saving accounts 

The key commitment of ABSLAMC is to enhance mutual fund penetration in India. As of May 2019, there are more than 83.2 million mutual fund folios in India, aggregating over 25.43 trillion and Aditya Birla Sun Life mutual fund has played a key role in it. 

Select EduFund for investing in Aditya Birla Sun Life Mutual Fund

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