Best Aditya Birla Sun Life Mutual Fund Schemes

Fund Name
Ratings
Risk
3Y Returns
AUM

Aditya Birla Sun Life PSU Equity Fund Direct Payout of IDCW Payout

Equity Sectoral / Thematic

0

Very High

42.47%

₹2,678.68 cr.

Aditya Birla Sun Life PSU Equity Fund Direct Plan Growth

Equity Sectoral / Thematic

0

Very High

42.47%

₹2,678.68 cr.

Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan

Equity Dividend Yield Fund

2.5

Very High

29.13%

₹1,276.59 cr.

Aditya Birla Sun Life Dividend Yield Fund Direct IDCW Reinvestment

Equity Dividend Yield Fund

2.5

Very High

29.12%

₹1,276.59 cr.

Aditya Birla Sun Life Dividend Yield Fund Direct IDCW Payout

Equity Dividend Yield Fund

2.5

Very High

29.12%

₹1,276.59 cr.

Aditya Birla Sun Life Infrastructure Fund Growth Direct Plan

Equity Sectoral / Thematic

0

Very High

28.35%

₹919.77 cr.

Aditya Birla Sun Life Infrastructure Fund Direct IDCW Payout

Equity Sectoral / Thematic

0

Very High

28.34%

₹919.77 cr.

Aditya Birla Sun Life Infrastructure Fund Direct IDCW Reinvestment

Equity Sectoral / Thematic

0

Very High

28.34%

₹919.77 cr.

Aditya Birla Sun Life Pure Value Fund Growth Direct Plan

Equity Value Fund

3

Very High

25.21%

₹5,689.23 cr.

Aditya Birla Sun Life Pure Value Fund Direct IDCW Reinvestment

Equity Value Fund

3

Very High

25.21%

₹5,689.23 cr.

Aditya Birla Sun Life Pure Value Fund Direct IDCW Payout

Equity Value Fund

3

Very High

25.21%

₹5,689.23 cr.

Aditya Birla Sun Life Midcap Fund Growth Direct Plan

Equity Mid Cap Fund

1.5

Very High

23.56%

₹4,990.59 cr.

Aditya Birla Sun Life Midcap Fund Direct IDCW Payout

Equity Mid Cap Fund

1.5

Very High

23.54%

₹4,990.59 cr.

Aditya Birla Sun Life Midcap Fund Direct IDCW Reinvestment

Equity Mid Cap Fund

1.5

Very High

23.54%

₹4,990.59 cr.

Aditya Birla Sun Life Digital India Fund Direct IDCW Reinvestment

Equity Sectoral / Thematic

0

Very High

23.04%

₹4,716.91 cr.

Aditya Birla Sun Life Digital India Fund Direct IDCW Payout

Equity Sectoral / Thematic

0

Very High

23.04%

₹4,716.91 cr.

Aditya Birla Sun Life Digital India Fund Growth Direct Plan

Equity Sectoral / Thematic

0

Very High

22.58%

₹4,716.91 cr.

Aditya Birla Sun Life Small Cap Fund Growth Direct Plan

Equity Small Cap Fund

0.5

Very High

21.42%

₹5,491.09 cr.

Aditya Birla Sun Life Small Cap Fund Direct IDCW Payout

Equity Small Cap Fund

0.5

Very High

21.42%

₹5,491.09 cr.

Aditya Birla Sun Life Small Cap Fund Direct IDCW Reinvestment

Equity Small Cap Fund

0.5

Very High

21.42%

₹5,491.09 cr.

Aditya Birla Sun Life Special Opportunities Fund Direct IDCW Payout

Equity Sectoral / Thematic

0

Very High

20.46%

₹704.29 cr.

Aditya Birla Sun Life Special Opportunities Fund Direct IDCW Reinvestment

Equity Sectoral / Thematic

0

Very High

20.46%

₹704.29 cr.

Aditya Birla Sun Life Special Opportunities Fund Direct Growth

Equity Sectoral / Thematic

0

Very High

20.44%

₹704.29 cr.

Aditya Birla Sun Life Pharma and Healthcare Fund Direct Growth

Equity Sectoral / Thematic

0

Very High

20.03%

₹648.70 cr.

Aditya Birla Sun Life Pharma and Healthcare Fund Direct Payout of IDCW Payout

Equity Sectoral / Thematic

0

Very High

19.74%

₹648.70 cr.

Aditya Birla Sun Life Pharma and Healthcare Fund Direct Reinvestment of IDCW Reinvestment

Equity Sectoral / Thematic

0

Very High

19.74%

₹648.70 cr.

Aditya Birla Sun Life India Gennext Fund Growth Direct Plan

Equity Sectoral / Thematic

0

Very High

19.22%

₹4,612.31 cr.

Aditya Birla Sun Life India Gennext Fund Direct IDCW Reinvestment

Equity Sectoral / Thematic

0

Very High

19.21%

₹4,612.31 cr.

Aditya Birla Sun Life India Gennext Fund Direct IDCW Payout

Equity Sectoral / Thematic

0

Very High

19.21%

₹4,612.31 cr.

Aditya Birla Sun Life Manufacturing Equity Fund Direct IDCW Payout

Equity Sectoral / Thematic

0

Very High

18.43%

₹845.55 cr.

About Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund (ABSLMF) is a joint-venture company co-sponsored by the Indian company, Aditya Birla Capital Limited and Canada-based Sun Life AMC Investments, Inc.

Established in 1994, ABSLMF was previously named Birla Sun Life Asset Management Company Limited and has successfully completed 25 years in the Indian finance market.

The Aditya Birla Group is the 3rd largest business conglomerate in India, while Sun Life is one of the largest life insurance providers in the world, ranking 235 on the Fortune 500 list for 2022.

With roughly ₹ 2,71,747 crore AUM as of February 2023, ABSLMF is currently one of the largest AMCs operating in India.

The Aditya Birla Sun Life Mutual Fund primarily deals in four classes of funds:

  1. Equity funds
  2. Income funds
  3. Debt funds
  4. ELSS funds

Aditya Birla Sun Life Mutual Fund Key Information

The following are some of the key information regarding the Aditya Birla Mutual Funds company

Asset Management company Partners Aditya Birla Capital Ltd., Sun Life (India) Investments Inc
Founding date 23rd December 1994
AMC Incorporation date 05th September 1994
Trustee organisation Aditya Birla Sun Life Trustee Pvt Ltd.
Chairman Kumar Mangalam Birla
MD and CEO A. Balasubramaniam
Compliance Officer Ms. Hemanti Wadhwa
Investor Service Officer Keerti Gupta

Aditya Birla Sun Life Mutual Fund Managers

KS

Kunal Sangoi

Fund Manager since Dec 2014 (9 years)

CK

Chanchal Khandelwal

Fund Manager since Sep 2013 (10 years)

AS

Anil Shah

Fund Manager since Apr 2022 (1 year)

VM

Vineet Maloo

Fund Manager since Dec 2019 (4 years)

MB

Milind Bafna

Fund Manager since Jan 2014 (10 years)

DS

Dhaval Shah

Fund Manager since Jun 2019 (4 years)

How to Invest in Aditya Birla Sun Life Mutual Fund via Angel One?

Investing in the Aditya Birla Sunlife Mutual Fund is a hassle-free process when done through your Angel One account. You just have to follow these steps:

Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN.

Note: In case you do not have an account with Angel One, you can directly open a demat account with us in under a few minutes by submitting the necessary documents.

Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to do at this stage are:

  1. Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
  2. Analyse the fund’s past performance, tax incidence, and the sectors and companies in which it invests in. You can also calculate the potential returns using the calculator.
  3. Evaluate the fund’s level of risk and weigh it against your risk tolerance.
  4. Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
  5. Consider the fund’s expense ratio to get an idea about the cost of investing in it.

Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.

  1. Decide whether your want to invest in a lump sum or via monthly SIP
  2. Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
  3. After placing the order, in case of the SIP route of investment, you can create a mandate to make hassle-free future installments.

Documents Required To Invest in Aditya Birla Sunlife Mutual Fund

Investing in Aditya Birla Sunlife Mutual Funds via Angel One is effortless, thanks to our fully digital KYC process. Whether you’re a first-time investor or returning, we’ve made it convenient. To get started, you’ll need to provide the following vital documents:

  1. PAN Card Details (Mandatory)
  2. Personal Information (Full Name, Mobile Number, Email Address)
  3. Address Proof – We recommend using your Aadhar Card, including both the front and back sides.
  4. Bank Account Details, along with a cancelled cheque if necessary.
  5. Nominee details and FATCA Declarations.

Our user-friendly platform simplifies KYC verification, enabling you to access Aditya Birla Sunlife Mutual Funds quickly and efficiently. Your financial goals are now easily attainable. Within just 48-72 business hours, your KYC process will be completed, allowing you to embark on your mutual fund journey.

Top 10 Aditya Birla Sun Life Mutual Fund to Invest

Name of the Fund Sub Category AUM (₹in crore) Minimum Investment (₹) CAGR 3Y (%) CAGR 5Y (%)
Aditya Birla SL PSU Equity Fund Thematic Fund 1245.53 500 42.4
Aditya Birla SL Infrastructure Fund Sectoral Fund – Infrastructure 746.71 1000 39.66 19.34
Aditya Birla SL Small Cap Fund Small Cap Fund 4510.13 1000 31.4 15.75
Aditya Birla SL Midcap Fund Mid Cap Fund 4336.11 1000 29.61 16.77
Aditya Birla SL Banking & Financial Services Fund Sectoral Fund – Banks & Financial Services 2801.11 1000 29.47 15.08
Aditya Birla SL Pure Value Fund Value Fund 4697.15 1000 29.03 13.75
Aditya Birla SL Dividend Yield Fund Dividend Yield Fund 992.22 1000 27.6 16.4
Aditya Birla SL Digital India Fund Sectoral Fund – Technology 3904.17 1000 26.31 22.52
Aditya Birla SL India GenNext Fund Sectoral Fund – Consumption 4029.38 1000 25.02 18.17
Aditya Birla SL Frontline Equity Fund Large Cap Fund 23427.29 100 22.72 13.92

**All data as of October 4, 2023.

Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.

Aditya Birla SL PSU Equity Fund

This fund is categorised as a thematic fund with a focus on public sector undertakings. It primarily invests in the equity of PSU-related companies. The fund has an asset under management (AUM) of ₹1245.53 crore and an expense ratio of 0.75%. Over a 3-year period, the fund has shown a Compound Annual Growth Rate (CAGR) of 42.4%. The minimum investment amount for this fund is ₹500.

Aditya Birla SL Infrastructure Fund

Classified as a sectoral fund in the infrastructure sector, this fund predominantly invests in infrastructure-related assets. It manages an AUM of ₹746.71 crore with an expense ratio of 1.64%. Over the past 3 years, it has demonstrated a CAGR of 39.66%. The minimum investment required for this fund is ₹1000.

Aditya Birla SL Small Cap Fund

Operating as a small-cap fund, it focuses on investing in small-cap companies. The fund manages an AUM of ₹4510.13 crore with an expense ratio of 0.84%. Over a 3-year period, it has achieved a CAGR of 31.4%. The minimum investment for this fund is ₹1000.

Aditya Birla SL Midcap Fund

Classified as a mid-cap fund, it concentrates on mid-cap companies for investments. The fund oversees an AUM of ₹4336.11 crore with an expense ratio of 1.09%. Over a 3-year duration, it has displayed a CAGR of 29.61%. The minimum investment amount for this fund is ₹1000.

Aditya Birla SL Banking & Financial Services Fund

This fund operates as a sectoral fund with a focus on the banking and financial services sector. It has an AUM of ₹2801.11 crore with an expense ratio of 1.07%. Over a 3-year span, the fund has generated a CAGR of 29.47%. The minimum investment for this fund is ₹1000.

Aditya Birla SL Pure Value Fund

Operating as a value fund, it primarily focuses on value-based investment strategies. The fund manages an AUM of ₹4697.15 crore with an expense ratio of 1.06%. Over a 3-year period, it has showcased a CAGR of 29.03%. The minimum investment for this fund is ₹1000.

Aditya Birla SL Dividend Yield Fund

This fund is categorised as a dividend yield fund, concentrating on companies offering good dividend yields. It has an AUM of ₹992.22 crore with an expense ratio of 1.59%. Over a 3-year duration, the fund has achieved a CAGR of 27.6%. The minimum investment amount for this fund is ₹1000.

Aditya Birla SL Digital India Fund

Operating as a sectoral fund focusing on the technology sector, it primarily invests in technology-related assets. The fund manages an AUM of ₹3904.17 crore with an expense ratio of 0.82%. Over a 3-year span, it has displayed a CAGR of 26.31%. The minimum investment required for this fund is ₹1000.

Aditya Birla SL India GenNext Fund

Categorised as a sectoral fund in consumption, this fund focuses on companies related to the consumption sector. It has an AUM of ₹4029.38 crore and an expense ratio of 0.87%. Over a 3-year period, the fund has shown a CAGR of 25.02%. The minimum investment for this fund is ₹1000.

Aditya Birla SL Frontline Equity Fund

Classified as a large-cap fund, it concentrates on investments in large-cap companies. The fund has an AUM of ₹23427.29 crore with an expense ratio of 1.01%. Over a 3-year duration, it has achieved a CAGR of 22.72%. The minimum investment amount for this fund is ₹100.

Mutual Funds Calculator

Aditya Birla Sun Life Mutual Fund FAQs

Should I invest in the Aditya Birla Mutual Fund scheme?

Aditya Birla Mutual Fund is a reputed fund house in India. It offers a variety of schemes across asset classes. You can choose to invest in one according to your financial goal, risk profile, and investment horizon. Also, evaluate individual funds based on risk, past performance, volatility, expense ratio, etc. given on the Angel One platform to make data-backed investment decisions.

How to start Aditya Birla Mutual Fund SIP online?

Search for your desired scheme on Angel One under the Mutual Fund section. Enter a comfortable installment amount and click on proceed. Before doing this, ensure you have enough funds in your account for the transaction to go through. Alternatively, you can also start an online SIP vis the AMC website.

How to redeem Aditya Birla Mutual Fund online?

There are two ways of doing this. You can initiate your redemption request by visiting the Angel One web platform or app. Alternatively, you can also redeem your investments by visiting the AMC website.

How much time does it take to redeem Aditya Birla Mutual Fund?

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

What are the redemption charges of Aditya Birla Mutual Fund?

The redemption charges include exit load and certain taxes. The exit load of the "fund" depends on the type of the scheme, the tenure of the investment (long term or short term) and the total amount that you have invested.

How to increase the SIP amount in Aditya Birla Mutual Fund?

There are three ways to increase the SIP amount - through the Angel One website, the Angel One App or directly through the AMC website. In case of some AMCs, it may not be possible to increase the SIP and you have to set up a new SIP scheme to add to the existing one.

How can I get the Aditya Birla Mutual Fund statement?

Go to the Angel One app or website and check in the mutual funds section. You may also choose to visit the official website of the AMC.

Are Aditya Birla Mutual Fund schemes tax-free?

Aditya Birla Sunlife Tax Relief 96 is an ELSS (Equity Linked Savings Scheme) fund from the Aditya Birla Mutual Fund. This allows you to claim a tax deduction of up to ₹1.5 lakh per financial year under Section 80C of the Income Tax Act, 1961. You can deduct this from your total taxable income.