Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life Mutual Fund (ABSLMF) is a joint venture between Aditya Birla Capital Limited from India and Canada-based Sun Life AMC Investments, Inc. Headquartered in Mumbai, it was originally known as Birla Sun Life Asset Management Company Limited and was established in 1994. ABSLMF has completed over 25 years in the Indian financial sector. The two parent companies, Aditya Birla Group and Sun Life Financial, Inc., are major financial institutions with a strong history in wealth creation and management. The Aditya Birla Group is the third-largest business conglomerate in India, with revenues exceeding $41 billion. Sun Life is a global leader in life insurance and investment management, ranked 236th on the Fortune 500 list. ABSLMF is one of the largest asset management companies in India, with average assets under management (AUM) of ₹3.31 lakh crore as of March 31, 2024. Its primary goal is to boost mutual fund participation in India. As of May 2019, India had over 83.2 million mutual fund accounts, with a total value exceeding ₹25.43 trillion, a figure that has quadrupled in the past decade, and ABSLMF has played a key role in this growth. With a pan-India presence in more than 280 locations, ABSLMF serves approximately 7.9 million investor accounts across cities and towns. The company is committed to making mutual fund management simple and transparent for both investors and channel partners. Its diverse product portfolio includes equity sector funds, debt and treasury products, fund of funds, and hybrid income funds, among others.

List of Aditya Birla Sun Life AMC Ltd in India

Fund Name

Rating

1Y Return

3Y Return

Fund Size (in Cr)

Aditya Birla Sun Life PSU Equity Fund Direct Growth

NA

12.52%

32.35%

₹5531.87 Cr

Aditya Birla Sun Life Infrastructure Fund Direct Plan Growth

3

22.08%

24.62%

₹1187.63 Cr

Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth

NA

20.94%

22.04%

₹298.14 Cr

Aditya Birla Sun Life Dividend Yield Fund Direct Plan Growth

NA

17.93%

21.22%

₹1536.50 Cr

Aditya Birla Sun Life Pharma & Healthcare Fund Direct Growth

NA

33.82%

20.54%

₹854.32 Cr

Aditya Birla Sun Life Pure Value Fund Direct Plan Growth

3

18.10%

20.42%

₹6377.82 Cr

Aditya Birla Sun Life Manufacturing Equity Fund Direct Plan Growth

NA

24.37%

18.11%

₹1197.46 Cr

Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth

NA

21.04%

17.78%

₹239.28 Cr

Aditya Birla Sun Life Mid Cap Fund Direct Plan Growth

2

20.83%

17.58%

₹5930.01 Cr

Aditya Birla Sun Life Multi-Cap Fund Direct Growth

2

22.79%

17.15%

₹6297.61 Cr

Aditya Birla Sun Life Small Cap Fund Direct Plan Growth

2

19.75%

17.12%

₹5159.62 Cr

Aditya Birla Sun Life Gold Fund Direct Plan Growth

NA

22.13%

16.22%

₹434.72 Cr

Aditya Birla Sun Life India Gennext Fund Direct Plan Growth

NA

18.08%

16.16%

₹5891.52 Cr

Aditya Birla Sun Life NASDAQ 100 FOF Direct Growth

NA

34.22%

15.90%

₹406.49 Cr

Aditya Birla Sun Life Special Opportunities Fund Dir Growth

NA

21.29%

15.53%

₹778.57 Cr

Aditya Birla Sun Life Financial Planning FOF Agrsv Plan Direct Plan Growth Option

NA

16.64%

15.01%

₹216.04 Cr

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth

NA

11.23%

14.83%

₹342.36 Cr

Aditya Birla Sun Life Medium Term Plan Direct Plan Growth

5

11.72%

14.73%

₹1999.07 Cr

Aditya Birla Sun Life Business Cycle Fund Direct Growth

NA

19.55%

14.48%

₹1823.23 Cr

Aditya Birla Sun Life Asset Allocator FoF Scheme Direct Growth Option

NA

17.10%

14.35%

₹187.45 Cr

Key information about aditya birla sun life mutual funds

Mutual fund name

Aditya Birla Sun Life Mutual Fund

Asset Management Company Name

Aditya Birla Sun Life AMC Ltd

AMC Setup Date

23-Dec-1994

AMC Incorporation Date

05-Sep-1994

Sponsor Name

Aditya Birla Capital Limited Sun Life (India) AMC Investments Inc.

Trustee Organisation

Aditya Birla Sun Life Trustee Private Limited

CIO

Mr. Mahesh Patil

MD & CEO

Mr. A. Balasubramanian

Compliance Officer

Mr. Parth Makwana

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How can you invest in aditya birla sun life mutual funds Mutual Funds

To invest in aditya birla sun life mutual funds Mutual Funds through the Lemonn App, you can follow these general steps:


Step 1 : Download the Lemonn App

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Step 2 : Sign up / Log in

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Step 3 : Complete KYC

Before investing, ensure your KYC (Know Your Customer) verification is complete. Most mutual fund apps will guide you through this. You’ll need PAN, Aadhaar, and other necessary details.


Step 4 : Search for aditya birla sun life mutual funds Mutual Funds

Once your KYC is done, search for the aditya birla sun life mutual funds Mutual Fund schemes you're interested in by using the search bar.


Step 5 : Choose a Scheme

You will see a list of various funds under aditya birla sun life mutual funds. Explore the options, check their performance, risk profile, and investment objectives.

Choose a scheme that aligns with your investment goals (e.g., equity, debt, hybrid funds).


Step 6 : Decide on the Investment Amount

You can either make a lump sum investment or set up a SIP (Systematic Investment Plan) to invest a fixed amount periodically.


Step 7 : Confirm the Investment

Enter the amount you wish to invest.

Review the details and confirm the payment method (Net Banking, UPI, etc.).

After making the payment, you will receive a confirmation of your investment.


Step 8 : Track Your Investment

You can track the performance of your aditya birla sun life mutual funds Mutual Funds on the Lemonn App dashboard. It will show NAV, returns, and other key details.


If you need any assistance, the Lemonn App usually has customer support or chat options to help. Keep an eye on expenses like entry/exit loads and expense ratios to optimize returns!

Top Fund Managers

Dhaval Gala
Dhaval M. Gala is a Fund Manager and Senior Analyst at Aditya Birla Sun Life AMC Limited (ABSLAMC), with 13 years of experience in the equity and capital markets. He joined ABSLAMC in February 2011 as part of the Equity Fund Management and Analyst team, specializing in the Banking and Financial Services sector. Prior to joining ABSLAMC, Dhaval worked with B&K Securities Limited and J.P. Morgan Chase India Private Limited. He holds an MBA in Finance from N L Dalmia Institute of Management and Research, Mumbai.

Pranav Gupta
Mr. Gupta holds a B.Com and a Master of Management Studies (Finance). Before joining Aditya Birla Sun Life Mutual Fund, he worked with Centrum India and Ohm Stock Broker Pvt. Ltd.

Haresh Mehta
Mr. Mehta holds an MBA and is a CFA charterholder. Before joining Aditya Birla Sun Life AMC Ltd, he was associated with Baroda BNP Paribas Asset Management India Pvt. Ltd and First Global Stockbroking Pvt. Ltd.

Kunal Sangoi
Kunal Sangoi is a Fund Manager and Senior Analyst at Aditya Birla Sun Life AMC Limited (ABSLAMC), with 14 years of experience in equity research and fund management. He specializes in the IT, Internet, Media, and Telecom sectors. Kunal has been with ABSLAMC since 2012. Before joining ABSLAMC, he worked with Edelweiss Financial Services Ltd. for 7 years, where he served as a Senior Equity Analyst in the Institutional Equity Research team. He is a Chartered Accountant by qualification.

Harish Krishnan
Mr. Harish Krishnan has 13 years of experience in Equity Research and Fund Management. Before joining Kotak Mutual Fund, he managed Kotak's offshore funds while based in Singapore and Dubai. He has also worked at Infosys Technologies Ltd in his earlier career. Mr. Krishnan holds a CFA, a PGDBM from IIM Kozhikode, and a B.Tech in Electronics & Communications from Government Engineering College, Trichur. Additionally, he is a Chartered Financial Analyst from the CFA Institute.

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FAQs

1.Should I invest in a Aditya Birla Sun Life Mutual fund scheme?

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Whether you should invest in Aditya Birla Sun Life Mutual Funds or not depends on your goals. In addition to assessing their returns over several timelines, evaluate the schemes based on risk, volatility, returns, the fund manager’s experience, and your own return expectations and risk tolerance.

2.How to Start a Aditya Birla Sun Life Mutual Fund SIP online?

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There are two ways to start a Aditya Birla Sun Life Mutual Fund SIP. For a hassle-free investing experience, you can invest in Aditya Birla Sun Life Mutual Fund SIP online through the Lemonn App. Alternatively, you can start investing in Aditya Birla Sun Life Mutual Fund SIP online through Aditya Birla Sun Life Mutual Fund AMC official website.

3.How to redeem Aditya Birla Sun Life Mutual funds Online?

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There are two ways of doing this. You can initiate your redemption request by Lemonn App. Alternatively, you can also redeem your investments by visiting the Aditya Birla Sun Life Mutual Fund AMC website.

4.How much time does it take to redeem the Aditya Birla Sun Life Mutual funds?

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The proceeds of equity, debt, and conservative hybrid funds are generally transferred to your registered bank account within 2-4 working days of the withdrawal initiation. Redemption of liquid funds takes 1-2 working days.

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