Aditya Birla Mutual Fund Company is changing the names and category of some of its mutual funds. Mutual fund schemes of many mutual funds are being changed after a recent circular by SEBI. This move by SEBI aims to make investing simpler for investors.

The new rule states that every mutual fund company can only have one mutual fund offering under each category.

Aditya Birla Mutual Fund Names & Category Changes

Some Aditya Birla Mutual Fund names are changing, some are being merged, and in case of some, the category is changing.

Old Fund Names

New Fund Name

Category – Old

Category New

Aditya Birla Sun Life Advantage Fund Aditya Birla Sun Life Equity Advantage Fund Equity-Multi Cap
Equity-Large & Mid Cap
Aditya Birla Sun Life Balanced 95 Aditya Birla Sun Life Balanced 95 Fund Hybrid-Equity Oriented
Hybrid-Aggressive
Aditya Birla Sun Life Balanced Advantage Fund Aditya Birla Sun Life Balanced Advantage Fund Hybrid-Equity Oriented
Hybrid-Dynamic Asset Allocation
Aditya Birla Sun Life Cash Manager Aditya Birla Sun Life Low Duration Debt-Ultra Short Term
Debt-Low Duration
Aditya Birla Sun Life Cash Plus Aditya Birla Sun Life Liquid Fund Debt-Liquid Debt-Liquid
Aditya Birla Sun Life Commodity Equities Fund – Global Agri Aditya Birla Sun Life Commodity Equities Fund – Global Agri Equity-Global
Equity-Sectoral/Thematic
Aditya Birla Sun Life Constant Maturity 10 Year Gilt Fund Merged with Government Securities Fund Debt-Gilt Debt-Gilt
Aditya Birla Sun Life Corporate Bond Fund Aditya Birla Sun Life Credit Risk Fund Debt-Credit Opportunities
Debt-Credit Risk
Aditya Birla Sun Life Dividend Yield Plus Aditya Birla Sun Life Dividend Yield Plus Fund Equity-Multi Cap
Equity-Dividend Yield
Aditya Birla Sun Life Dividend Yield Plus Fund Aditya Birla Sun Life Dividend Yield Plus Fund Equity-Multi Cap Equity-
Aditya Birla Sun Life Enhanced Arbitrage Fund Aditya Birla Sun Life Arbitrage Fund Equity-Arbitrage
Hybrid-Arbitrage
Aditya Birla Sun Life Equity Advantage Fund Aditya Birla Sun Life Arbitrage Fund Hybrid-Arbitrage
Hybrid-Arbitrage
Aditya Birla Sun Life Equity Savings Fund Aditya Birla Sun Life Equity Savings Fund Hybrid-Debt Oriented
Hybrid-Equity Savings
Aditya Birla Sun Life Floating Rate Fund – LTP Aditya Birla Sun Life Floating Rate Fund – LTP Debt-Ultra Short Term Debt-Floater
Aditya Birla Sun Life Gilt Plus PF Plan Aditya Birla Sun Life Government Securities Fund Debt-Gilt Debt-Gilt
Aditya Birla Sun Life Govt Securities Fund – Long Term Plan Merged with Aditya Birla Sun Life Savings Fund Debt-Gilt
Debt-Ultra Short Duration
Aditya Birla Sun Life Income Plus Aditya Birla Sun Life Income Fund Debt-Income
Debt-Medium to Long Duration
Aditya Birla Sun Life India Opportunities Fund Merged with Aditya Birla Sun Life Digital India Fund Equity-Sector
Equity-Sectoral/Thematic
Aditya Birla Sun Life India Reforms Fund Merged with Aditya Birla Sun Life Digital India Fund Equity-Multi Cap
Equity-Sectoral/Thematic
Aditya Birla Sun Life International Equity Fund – Plan A Aditya Birla Sun Life International Equity Fund – Plan A Equity-Global
Equity-Sectoral/Thematic
Aditya Birla Sun Life Medium Term Plan Aditya Birla Sun Life Medium Term Plan Debt-Credit Opportunities
Debt-Medium Duration
Aditya Birla Sun Life Mid Cap Fund – Plan A Aditya Birla Sun Life Mid Cap Fund Equity-Mid Cap
Equity-Mid Cap
Aditya Birla Sun Life MIP Merged with Aditya Birla Sun Life Regular Savings Fund Debt-MIP
Hybrid-Conservative
Aditya Birla Sun Life MIP II – Savings 5 Merged with Aditya Birla Sun Life Regular Savings Fund Debt-MIP
Hybrid-Conservative
Aditya Birla Sun Life MIP II – Wealth 25 Aditya Birla Sun Life Regular Savings Fund Debt-MIP
Hybrid-Conservative
Aditya Birla Sun Life MNC Fund Aditya Birla Sun Life MNC Fund Equity-Sector
Equity-Sectoral/Thematic
Aditya Birla Sun Life Money Market Fund
Aditya Birla Sun Life Monthly Income Merged with Aditya Birla Sun Life Regular Savings Fund Debt-MIP
Hybrid-Conservative
Aditya Birla Sun Life New Millennium Aditya Birla Sun Life Digital India Fund Equity-Sector
Equity-Sectoral/Thematic
Aditya Birla Sun Life Pure Value Fund Aditya Birla Sun Life Pure Value Fund Equity-Mid Cap Equity-Value
Aditya Birla Sun Life Savings Fund Aditya Birla Sun Life Savings Fund Debt-Ultra Short Term
Debt-Ultra Short Duration
Aditya Birla Sun Life Short Term Fund Aditya Birla Sun Life Corporate Bond Fund Debt-Short Term
Debt-Corporate Bond
Aditya Birla Sun Life Short Term Opportunities Fund Aditya Birla Sun Life Short Term Opportunities Fund Debt-Short Term
Debt-Short Duration
Aditya Birla Sun Life Small & Midcap Fund Aditya Birla Sun Life Small Cap Fund Equity-Mid Cap
Equity-Small Cap
Aditya Birla Sun Life Special Situations Fund Merged with Aditya Birla Sun Life Equity Fund Equity-Multi Cap
Equity-Multi Cap
Aditya Birla Sun Life Tax Plan Closed Equity-Tax – ELSS Equity-ELSS
Aditya Birla Sun Life Tax Savings Fund Merged with Aditya Birla Sun Life Tax Relief 96 Equity-Tax – ELSS Equity-ELSS
Aditya Birla Sun Life Top 100 Fund Aditya Birla Sun Life Focused Equity Fund Equity-Large Cap
Equity-Focused

Aditya Birla Mutual Funds That Have Not Undergone Any Change

Old Names New Names Old Categories
New Categories
Aditya Birla Sun Life Banking and Financial Services Fund Aditya Birla Sun Life Banking and Financial Services Fund Equity-Sector
Equity-Sectoral/Thematic
Aditya Birla Sun Life Dynamic Bond Fund Aditya Birla Sun Life Dynamic Bond Fund Debt-Dynamic
Debt-Dynamic
Aditya Birla Sun Life Equity Fund Aditya Birla Sun Life Equity Fund Equity-Multi Cap
Equity-Multi Cap
Aditya Birla Sun Life Frontline Equity Fund Aditya Birla Sun Life Frontline Equity Fund Equity-Large Cap
Equity-Large Cap
Aditya Birla Sun Life Index Fund Aditya Birla Sun Life Index Fund Equity-Index Equity-Index
Aditya Birla Sun Life India GenNext Fund Aditya Birla Sun Life India GenNext Fund Equity-Sector
Equity-Sectoral/Thematic
Aditya Birla Sun Life Infrastructure Fund Aditya Birla Sun Life Infrastructure Fund Equity-Sector
Equity-Sectoral/Thematic
Aditya Birla Sun Life Manufacturing Equity Fund Aditya Birla Sun Life Manufacturing Equity Fund Equity-Sector
Equity-Sectoral/Thematic

Aditya Birla Sun Life Fund Names Changed: What to Do?

If Mutual Fund Name & Category Has Changed

If there is a category change, you might have to change your strategy of investment. These drastic changes are largely in equity mutual funds. Debt funds category names have changed too but there isn’t much difference in their investment style.

If you are confused, contact your mutual fund advisor for guidance on this issue.

Know More: New Mutual Fund Rules by SEBI: Categorization and Rationalization Of Mutual Fund Schemes

If Mutual Funds Are Being Merged

If mutual funds are being, you need not worry as the mutual fund company will take care of the merger. Since in the above mergers, there is no real category change, you do not need to make any changes to your investment strategy.

If Only Mutual Fund Name Has Changed

If only the name of the mutual fund has changed, then there is no need to worry or do anything. You can simply continue investing as you already were.

Why are Aditya Birla Mutual Fund Names and Categories Changing?

There are several mutual funds offered by various mutual fund companies. Many of these are in effect duplicates of each other. Further, they also have names that might confuse and intimidate a new investor.

Keeping this in mind, SEBI has decided to recategorize mutual funds and schemes. It has also mandated that each mutual fund company can only have one mutual fund under each category.

Thus, all mutual fund companies are renaming, recategorizing, and merging mutual funds to comply with this circular by SEBI.

Read More: Categorization and Rationalization of Mutual Fund Schemes

Happy investing!
Disclaimer: the views expressed here are of the author and do not reflect those of Groww.