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Aditya Birla Sun Life Mutual Fund

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

Headquartered in Mumbai, it was previously named Birla Sun Life Asset Management Company Limited. It was established in 1994 and has successfully completed 25 years in the Indian financial landscape.

Both the parent companies, Aditya Birla Group and Sun Life Financial, Inc., are significant financial companies with a rich legacy of wealth creation and management. The Aditya Birla Group is the 3rd largest business conglomerate in India, with gross revenue in excess of $41 billion.

Sun Life, on the other hand, is one of the largest life insurance providers in the world, with investment management as their other area of expertise. It ranks 236th on the Fortune 500 list.

ABSLMF is currently one of the largest asset management companies operating in India. With cumulative average assets under management (AUM) of Rs. 2.6 Lakh Crores as of March 31, 2023.

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

i. Equity funds

ii. Income funds

iii. Debt funds

iv. ELSS funds

The primary commitment of ABSLMF is to increase mutual fund penetration in India. As of May 2019, there are over 83.2 million mutual fund folios in India, aggregating over Rs. 25.43 trillion. It has quadrupled in the past decade alone, and ABSLMF has had a defining role in it.

BSLAMC is one of the leading asset managers in India, servicing around 7.9 million investor folios with a pan India presence across 280 plus locations which include metropolises and small times alike.

ABSLMF takes an active approach to make the entire mutual fund management process straightforward and transparent to ease it for both investors and channel partners. Their portfolio of financial products and services includes sector-specific equity options, treasury and debt products, fund of fund schemes and hybrid income funds, to name a few.

List of Aditya Birla Sun Life Mutual Fund in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Aditya Birla Sun Life Medium Term Plan Fund
DebtModerately High8.3%5₹1,888
Aditya Birla Sun Life Medium Term Fund
DebtModerately High7.3%5₹1,891
Aditya Birla Sun Life Dynamic Bond Retail Fund
DebtModerate8.6%5₹1,709
Aditya Birla Sun Life Floating Rate Direct Fund
DebtLow to Moderate7.9%5₹12,242
Aditya Birla Sun Life Money Manager Fund
DebtModerate7.8%5₹17,824
Aditya Birla Sun Life Liquid Fund
DebtModerate7.3%5₹38,638
Aditya Birla Sun Life Frontline Equity Direct Fund
EquityVery High32.5%4₹26,046
Aditya Birla Sun Life Financial Planning FoF Conservative Plan Fund
OtherHigh19.4%4₹18
Aditya Birla Sun Life Credit Risk Fund
DebtModerately High8.2%4₹987
Aditya Birla Sun Life Short Term Direct Fund
DebtModerate8.2%4₹6,778
Aditya Birla Sun Life Arbitrage Fund
HybridLow8.3%4₹9,798
Aditya Birla Sun Life Corporate Bond Fund
DebtModerate8.1%4₹20,837
Aditya Birla Sun Life Low Duration Fund
DebtModerate7.8%4₹12,877
Aditya Birla Sun Life Banking & PSU Debt Fund
DebtModerate7.8%4₹9,610
Aditya Birla Sun Life Overnight Fund
DebtLow6.8%4₹8,688
View All

Key information about Aditya Birla Capital Ltd. & Sun Life (India) Investments Inc.

Mutual fund nameAditya Birla Sun Life Mutual Fund
Asset management company nameAditya Birla Capital Ltd. & Sun Life (India) Investments Inc.
AMC Setup Date23 December 1994
AMC Incorporation Date05 September 1994
Sponsor nameAditya Birla Capital Ltd. & Sun Life AMC Investments Inc.
Trustee organisationAditya Birla Sun Life Trustee Private Limited
Name of trusteesAditya Birla Sun Life Trustee Private Limited
MD and CEOA. Balasubramanian
Compliance OfficerMs. Hemanti Wadhwa
Investor Service OfficerKeerti Gupta

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How can you invest in Aditya Birla Sun Life Mutual Funds?

The investment process in Aditya Birla Mutual Fund is a rather simple and straightforward process. Done correctly, it should not take up more than a few minutes.

Simply follow these steps and begin your investment portfolio:

Step 1: Register for a Groww account; existing clients just need to log in.

Step 2: Upload documents that are proof of identity such as driving license, Voter ID card, Passport, PAN, Aadhaar, etc.

Step 3: Upload documents that are proof of address such as utility bills, Aadhaar, Passport, etc.

Step 4: Select an investment period you are comfortable with.

Step 5: Select a level of risk you are comfortable with- high, medium or low.

Step 6: Select an Aditya Birla Sun Life Mutual Fund of your choice.

Step 7: Select ‘Start SIP’ if you to make a SIP investment or choose ‘Invest One Time’ for a single lump sum investment.

That completes your investment procedure. The Aditya Birla Mutual Funds that you purchase shall reflect on your Groww account in 3-4 business days.

Aditya Birla Sun Life Mutual Fund

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Now let us jump and check about these top 15 mutual fund schemes.

Aditya Birla Sun Life Medium Term Plan Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 13.31% & 9.45%. The Aditya Birla Sun Life Medium Term Plan Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Medium Term Plan Fund is ₹1,000 and for SIP, it is ₹1,000.

Min Investment Amt₹1,000
AUM₹1,888Cr
1Y Returns8.3%

Aditya Birla Sun Life Medium Term Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 13.26% & 8.91%. The Aditya Birla Sun Life Medium Term Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Medium Term Fund is ₹1,000 and for SIP, it is ₹1,000.

Min Investment Amt₹1,000
AUM₹1,891Cr
1Y Returns7.3%

Aditya Birla Sun Life Dynamic Bond Retail Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.29% & 6.47%. The Aditya Birla Sun Life Dynamic Bond Retail Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Dynamic Bond Retail Fund is ₹1,000 and for SIP, it is ₹1,000.

Min Investment Amt₹1,000
AUM₹1,709Cr
1Y Returns8.6%

Aditya Birla Sun Life Floating Rate Direct Fund Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.04% & 6.81%. The Aditya Birla Sun Life Floating Rate Direct Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Floating Rate Direct Fund is ₹1,000 and for SIP, it is ₹1,000.

Min Investment Amt₹1,000
AUM₹12,242Cr
1Y Returns7.9%

Aditya Birla Sun Life Money Manager Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.73% & 6.27%. The Aditya Birla Sun Life Money Manager Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Money Manager Fund is ₹1,000 and for SIP, it is ₹1,000.

Min Investment Amt₹1,000
AUM₹17,824Cr
1Y Returns7.8%

Aditya Birla Sun Life Liquid Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.4% & 5.33%. The Aditya Birla Sun Life Liquid Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Liquid Fund is ₹500 and for SIP, it is ₹500.

Min Investment Amt₹500
AUM₹38,638Cr
1Y Returns7.3%

Aditya Birla Sun Life Frontline Equity Direct Fund Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.42% & 16.93%. The Aditya Birla Sun Life Frontline Equity Direct Fund comes under the Equity category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Frontline Equity Direct Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹26,046Cr
1Y Returns32.5%

Aditya Birla Sun Life Financial Planning FoF Conservative Plan Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 11% & 11.33%. The Aditya Birla Sun Life Financial Planning FoF Conservative Plan Fund comes under the Other category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Financial Planning FoF Conservative Plan Fund is ₹500 and for SIP, it is ₹500.

Min Investment Amt₹500
AUM₹18Cr
1Y Returns19.4%

Aditya Birla Sun Life Credit Risk Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.85% & 7.48%. The Aditya Birla Sun Life Credit Risk Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Credit Risk Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹987Cr
1Y Returns8.2%

Aditya Birla Sun Life Short Term Direct Fund Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.3% & 7.72%. The Aditya Birla Sun Life Short Term Direct Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Short Term Direct Fund is ₹1,000 and for SIP, it is ₹1,000.

Min Investment Amt₹1,000
AUM₹6,778Cr
1Y Returns8.2%

Aditya Birla Sun Life Arbitrage Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.09% & 5.88%. The Aditya Birla Sun Life Arbitrage Fund comes under the Hybrid category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Arbitrage Fund is ₹1,000 and for SIP, it is ₹1,000.

Min Investment Amt₹1,000
AUM₹9,798Cr
1Y Returns8.3%

Aditya Birla Sun Life Corporate Bond Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.03% & 7.56%. The Aditya Birla Sun Life Corporate Bond Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Corporate Bond Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹20,837Cr
1Y Returns8.1%

Aditya Birla Sun Life Low Duration Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6% & 6.9%. The Aditya Birla Sun Life Low Duration Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Low Duration Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹12,877Cr
1Y Returns7.8%

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.82% & 7.38%. The Aditya Birla Sun Life Banking & PSU Debt Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Aditya Birla Sun Life Banking & PSU Debt Fund is ₹1,000 and for SIP, it is ₹1,000.

Min Investment Amt₹1,000
AUM₹9,610Cr
1Y Returns7.8%

Aditya Birla Sun Life Overnight Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.07% & 4.75%. The Aditya Birla Sun Life Overnight Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Min Investment Amt₹500
AUM₹8,688Cr
1Y Returns6.8%

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