Aditya Birla Sun Life Mutual Funds is one of the best and biggest asset management companies in India. It has a strong presence across the financial industry and has more than 16,000 employees working under it.
They have four main visions that they aspire to achieve. The first being a leader in the mutual fund industry, rather than just being another competitor. The second is to be a role model by being the best in whatever they do. The third is to be a broad-based player to meet all the needs of their customers and the last is to become an integrated player to garner a competitive edge in the market.
Aditya Birla Sun Life Mutual Fund offers various mutual fund schemes across various categories and sub- categories. An investor can choose the particular fund he/she wants to invest in based on their financial goals.
Now let us jump and check about these top 10 mutual fund schemes.
Fund Performance: This fund has consistently beaten its benchmark in Value segment and provided 9.43% annualized returns in the last 3 years. In the last 1 year, it gave -21.32% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -21.32% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Mahesh Patil, Milind Bafna
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 5star |
| AUM | ₹1,456Cr |
| 1Y Returns | -21.3% |
Fund Performance: This fund has consistently beaten its benchmark in Equity Savings segment and provided 8.75% annualized returns in the last 3 years. In the last 1 year, it gave -0.44% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.44% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Hybrid mutual fund in India.
Fund Manager: Satyabrata Mohanty, Lovelish Solanki, Pranay Sinha
| Launch Date | 27 Nov 2014 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 5star |
| AUM | ₹1,326Cr |
| 1Y Returns | -0.4% |
Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 13.5% annualized returns in the last 3 years. In the last 1 year, it gave -0.93% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.93% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Ajay Garg
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹500 |
| Groww Rating | 5star |
| AUM | ₹6,480Cr |
| 1Y Returns | -0.9% |
Fund Performance: This fund has consistently beaten its benchmark in Corporate Bond segment and provided 7.98% annualized returns in the last 3 years. In the last 1 year, it gave 6.4% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.4% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Maneesh Dangi, Kaustubh Gupta
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 5star |
| AUM | ₹12,462Cr |
| 1Y Returns | 6.4% |
Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 15.21% annualized returns in the last 3 years. In the last 1 year, it gave 0.11% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.11% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Anil Shah, Chanchal Khandelwal
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 5star |
| AUM | ₹759Cr |
| 1Y Returns | 0.1% |
Fund Performance: This fund has consistently beaten its benchmark in Floater segment and provided 8.21% annualized returns in the last 3 years. In the last 1 year, it gave 7.36% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.36% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Kaustubh Gupta
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 4star |
| AUM | ₹4,696Cr |
| 1Y Returns | 7.4% |
Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 18.91% annualized returns in the last 3 years. In the last 1 year, it gave -3.86% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.86% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Satyabrata Mohanty, Dhaval Gala
| Launch Date | 13 Dec 2013 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 4star |
| AUM | ₹1,446Cr |
| 1Y Returns | -3.9% |
Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 9.81% annualized returns in the last 3 years. In the last 1 year, it gave -1.2% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.2% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.
Fund Manager: Satyabrata Mohanty, Vineet Maloo, Pranay Sinha
| Launch Date | 25 Dec 2012 |
|---|---|
| Min Investment Amt | ₹500 |
| Groww Rating | 4star |
| AUM | ₹2,486Cr |
| 1Y Returns | -1.2% |
Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 9.02% annualized returns in the last 3 years. In the last 1 year, it gave -0.66% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.66% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Ajay Garg
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 4star |
| AUM | ₹3,242Cr |
| 1Y Returns | -0.7% |
Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 15.59% annualized returns in the last 3 years. In the last 1 year, it gave 32.57% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 32.57% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Kunal Sangoi
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 4star |
| AUM | ₹216Cr |
| 1Y Returns | 32.6% |
Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 9.34% annualized returns in the last 3 years. In the last 1 year, it gave 4.84% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.84% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Pranay Sinha, Ashish Kela
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 4star |
| AUM | ₹158Cr |
| 1Y Returns | 4.8% |
Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 13.02% annualized returns in the last 3 years. In the last 1 year, it gave -1.63% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.63% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Ajay Garg
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹500 |
| Groww Rating | 4star |
| AUM | ₹636Cr |
| 1Y Returns | -1.6% |
Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 8.14% annualized returns in the last 3 years. In the last 1 year, it gave 7.78% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.78% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Kaustubh Gupta, Mohit Sharma
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹500 |
| Groww Rating | 4star |
| AUM | ₹7,788Cr |
| 1Y Returns | 7.8% |
Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided 8.11% annualized returns in the last 3 years. In the last 1 year, it gave 7.32% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.32% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Sunaina da Cunha, Kaustubh Gupta
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 4star |
| AUM | ₹14,876Cr |
| 1Y Returns | 7.3% |
Fund Performance: This fund has consistently beaten its benchmark in Banking & PSU segment and provided 8.4% annualized returns in the last 3 years. In the last 1 year, it gave 6.14% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.14% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Maneesh Dangi, Kaustubh Gupta
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 4star |
| AUM | ₹4,685Cr |
| 1Y Returns | 6.1% |
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Equity Linked Savings Scheme (ELSS) or tax saving funds are one of the most popular category of funds as they invest primarily in equity and equity related securities and present a tax exemption up to Rs.1,50,000. These funds give decent returns, due to their exposure to equity.
Equity funds predominantly aim at long-term wealth maximization and usually invest in equity and equity-related securities. These funds provide extremely good returns to investors, due to their exposure to equity. They are ideal for investors who want high returns and are willing to take a certain amount of risk for it.
These funds primarily invest in money market instruments and government securities. They are more stable in nature due to their exposure to debt instruments. These funds are basically designed for individuals who want regular income from mutual funds and have a low risk appetite. These funds give consistent returns.
These funds invest in equity and equity related securities, as well as fixed income securities. Their main motto is to generate returns and appreciate the investor's capital, over a period of time. Hybrid funds are preferred by investors because they moderate the risk factor and provide average risk to investors.
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