3 Year return

13.22%
Launched on January 2013 (11 years)

Investment Details

₹1000

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹1859.15 Cr.

Expense Ratio

0.85% (inclusive of GST)

Exit Load

In respect of each purchase / switch-in of Units, ipto 15% of the units may be redeemed /swiched-out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redeemed / switched out of units on or before 1 year from the date of allotment: 2.00% of the applicable NAV. For redeemed / switched out of units after 1 year but on or before 2 years from the date of allotment: 1.00% of the applicable NAV. For redeemed / switched out of units after 2 years from the date of allotment: NIL

Ratings

ARQ Rating
4

Ratings by other agencies

5
2
5

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

Aditya Birla Sun Life Mutual Fund Managers

SC

Sunaina da Cunha

Fund Manager since Apr 2017

View Details

Fund House Details

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund Asset management company

AUM ₹332,579.31 Cr.
No. of Schemes 226
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Aditya Birla Sun Life Mutual Fund

List of mutual fund schemes by AMC

About Aditya Birla Sun Life Medium Term Plan Growth Direct Plan

The Aditya Birla Sun Life Medium Term Plan Growth Direct Plan is offered by Aditya Birla Sun Life Mutual Fund. It falls under the debt fund category, specifically in the medium term duration. Debt funds like this one primarily invest in a mix of debt and money market instruments, offering a balance between risk and returns.

Investment Objectives of the Scheme

The main objective of this fund is to generate regular income by primarily investing in a diversified portfolio of debt and money market securities. These investments are carefully chosen to provide a balance between safety and yield, making it suitable for investors seeking relatively stable returns over the medium term.

Key Features of The Fund

5-year return 9.56%
Expense Ratio 0.85%
Fund Manager Sunaina da Cunha
Fund Size ₹1859.15 Cr
Risk Profile Moderately High

Is This Scheme Right for Me?

This fund can be a good fit for investors with a moderate risk appetite who are looking for steady income generation over a medium-term horizon. If you're looking to diversify your investment portfolio beyond equity and want to manage interest rate risk while aiming for better returns than traditional fixed deposits, this fund could be worth considering. Keep in mind that debt funds are subject to interest rate fluctuations and market conditions, so a medium-term investment horizon aligns well with the fund's strategy.

AMC Contact Details

Name Aditya Birla Sun Life Mutual Fund
Launch Date September 1994
Addresss One India Bulls Centre, Tower-1, 17th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai, 400013
Contact 1-800-22-7000
Email care.mutualfunds@adityabirlacapital.com
Website https://mutualfund.adityabirlacapital.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Diversify Your Portfolio and Manage Risk with SIPs in Mutual Funds

Mutual funds offer diversification by pooling your money with other investors and spreading it across various companies. SIPs in mutual funds allow you to benefit from this diversification while making regular investments. Use the SIP investment calculator to estimate the potential growth of your investment over your chosen time frame.

FAQs

What is today's NAV of Aditya Birla Sun Life Medium Term Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Aditya Birla Sun Life Medium Term Fund Jun 18 2024 is 37.7988

What is the AUM of Aditya Birla Sun Life Medium Term Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Aditya Birla Sun Life Medium Term Fund is 1859.15 crore.

What is the expense ratio of Aditya Birla Sun Life Medium Term Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Aditya Birla Sun Life Medium Term Fund is 0.85%

What are the returns of Aditya Birla Sun Life Medium Term Fund since inception?

The Aditya Birla Sun Life Medium Term Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 9.43 since inception.

What is the minimum SIP amount to invest in Aditya Birla Sun Life Medium Term Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Aditya Birla Sun Life Medium Term Fund is 1000.

How do I invest in Aditya Birla Sun Life Medium Term Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Aditya Birla Sun Life Medium Term Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Aditya Birla Sun Life Medium Term Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Aditya Birla Sun Life Medium Term Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.