Aditya Birla Sun Life Mutual Fund is sponsored by Aditya Birla Capital Limited (ABCL), a part of the Aditya Birla Group and Sun Life (India) AMC Investments Inc. Aditya Birla Sun Life AMC Limited is the investment manager of the Aditya Birla Sun Life Mutual Fund. In Q4 FY24, the total MF AUM was Rs. 3,31,709 Cr.
ABSL Mutual Fund offers an impressive range of products, including equity schemes, FOF schemes, debt and treasury products, hybrid and monthly income funds, and offshore funds. It has a pan-Indian presence across 300 locations. Aditya Birla Sun Life AMC offers 85 mutual fund schemes, including 25 equity funds, 15 debt funds, 6 hybrid funds, 24 index funds, 10 FOF funds, and 5 solution-oriented schemes.
Key Information About Aditya Birla Sun Life Mutual Fund
How to Invest in ABSLMF - Aditya Birla Sun Life Mutual Fund
Investing in the best Aditya Birla Sun Life Mutual Funds can be a complex process. To make it easier, here is a step-by-step guide:
1. Choose Your Mutual Fund Type
According to your risk tolerance (low, mid, or high) and financial goals, choose your mutual types, such as equity, debt, hybrid, index, and sector funds.
2. Select a Mutual Fund Scheme
After carefully analysing the historical returns, expense ratio, reviews, and ratings of different schemes, choose your preferred Aditya Birla Sun Life Mutual Fund.
3. Login or Open a Demat Account
Log in to your Stack Wealth account. If you do not have an account, you can register with your mobile number and create a new one immediately.
4. Complete KYC (Know Your Customer) Requirements
The next step involves providing personal information and verifying identity. You must upload a government-issued ID such as PAN, Aadhar and proof of address. Follow the instructions in the app to complete this step smoothly.
5. Select Investment Mode (SIP or lumpsum)
If you prefer regular, disciplined investing, you can set-up a systematic investment plan (SIP), which is periodic (monthly, quarterly, etc.). Alternatively, if you have a large amount to invest, you can make a lump-sum investment. Select the investment period of your choice.
6. Confirm and Track Your Investment
After setting up your investment, sit back and watch your money grow. The Stack Wealth app will provide regular updates and reports on your portfolio’s performance. You can also adjust your investments or withdraw funds as needed.
List of Best Aditya Birla Sun Life Mutual Funds in India
Here is the list of some of the best Aditya Birla Sun Life Mutual Funds in India:
* All data as of January 31, 2025
Detailed Overview of Aditya Birla Sun Life Mutual Fund Schemes
Now, let’s discuss these 10 Aditya Birla Sun Life Best Mutual fund schemes in detail:
1. ABSL ELSS Tax Saver Fund - Direct Plan-Growth
ABSL ELSS Tax Saver Fund is an open-ended Equity Linked Saving Scheme with a statutory lock-in of 3 years and tax benefit with the aim of long-term capital growth through a portfolio with a strategic allocation of 80% in equity and the rest 20% in debt and money market securities.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 10.51% and 10.84%, respectively.
- Minimum Investment Amount: The minimum lump sum for the ABSL ELSS Tax Saver Fund is ₹500, and for SIP, it is ₹500.
2. ABSL Banking and Financial Services Fund - Direct Plan-Growth
ABSL Banking and Financial Services Fund is an open-ended equity scheme whose primary investment objective is to generate long-term capital appreciation for unitholders from a portfolio predominantly invested in equity and equity-related securities of companies involved in banking and financial services.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 12.36% and 12.35%, respectively.
- Minimum Investment Amount: The minimum lump sum for the ABSL Banking and Financial Services Fund is ₹1000, and for SIP, it is ₹100.
3. ABSL Credit Risk Fund - Direct Plan-Growth
ABSL Credit Risk Fund is an open-ended debt scheme predominantly investing in AA and below-rated corporate bonds. It has a relatively high interest rate and credit risk.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 10.97% and 9.83%, respectively.
- Minimum Investment Amount: The minimum lump sum for the ABSL Credit Risk Fund is ₹100, and for SIP, it is ₹100.
4. ABSL Regular Savings Fund - Direct Plan-Growth
Aditya Birla Sun Life Regular Savings Fund is an open-ended hybrid scheme that invests primarily in debt instruments to generate regular income and capital growth.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 8.30% and 10.42%, respectively.
- Minimum Investment Amount: The minimum lump sum for the ABSL Regular Savings Fund is ₹500, and for SIP, it is ₹100.
5. ABSL Corporate Bond Fund - Direct Plan-Growth
Aditya Birla Sun Life Corporate Bond Fund is an open-ended debt scheme predominantly investing in AA+ and above-rated corporate bonds. It has a relatively high interest rate and moderate credit risk.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.95% and 7.14%, respectively.
- Minimum Investment Amount: The minimum lump sum for the ABSL Corporate Bond Fund is ₹100, and for SIP, it is ₹100.
6. ABSL Midcap Fund - Direct Plan-Growth
Aditya Birla Sun Life Midcap Fund is an open-ended equity scheme. Its investment goal is to generate long-term capital growth at a controlled level of risk by investing primarily in Mid-Cap Stocks.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 14.87% and 19.82%, respectively.
- Minimum Investment Amount: The minimum lump sum for the ABSL Midcap Fund is ₹1000, and for SIP, it is ₹100.
7. ABSL Arbitrage Fund - Direct Plan-Growth
Aditya Birla Sun Life Arbitrage Fund is an open-ended equity scheme that invests in arbitrage opportunities. Its goal is to generate income by investing primarily in equity and equity-related instruments.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 7.08% and 6.06%, respectively.
- Minimum Investment Amount: The minimum lump sum for the ABSL Arbitrage Fund is ₹1000, and for SIP, it is ₹100.
8. ABSL Business Cycle Fund - Direct Plan-Growth
Aditya Birla Sun Life Business Cycle Fund is an open-ended equity scheme primarily investing in equity and equity-related securities. Its investment theme is business cycles, and the fund focuses on riding them by dynamically allocating between several sectors and stocks at different stages of the economy's business cycles.
- Fund Performance: The fund's annualized returns for the past three and since inception have been around 12.12% and 11.46%, respectively.
- Minimum Investment Amount: The minimum lump sum for the ABSL Business Cycle Fund is ₹500, and for SIP, it is ₹100.
9. ABSL Floating Rate Fund - Direct Plan-Growth
Aditya Birla Sun Life Floating Rate Fund is an open-ended debt scheme that primarily invests in floating-rate instruments (including fixed-rate instruments converted to floating-rate exposures using swaps/derivatives) with a relatively high interest rate and moderate credit risk.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 7.12% and 6.62%, respectively.
- Minimum Investment Amount: The minimum lump sum for the ABSL Floating Rate Fund is ₹1000, and for SIP, it is ₹1000.
10. ABSL Equity Hybrid '95 Fund - Direct Plan-Growth
ABSL Equity Hybrid '95 Fund is an open-ended hybrid scheme that invests primarily in equity and equity-related instruments. Its goal is to generate long-term capital growth and current income.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 9.30% and 13.89%, respectively.
- Minimum Investment Amount: The minimum lump sum for the ABSL Equity Hybrid '95 Fund is ₹100, and for SIP, it is ₹100.
Top Fund Managers
Below is the list of people who have made Aditya Birla Sun Life Mutual Fund Investment a premier option in a highly competitive market.
1. Mr. Harish Krishnan
Mr. Harish Krishnan has nearly 21 years of experience in the Asset Management industry, both domestically and internationally. Before joining Aditya Birla Sun Life AMC Ltd. (ABSLAMC) as the co-CIO and Head of Equity, he was a senior fund manager at Kotak Mutual Fund for over 10 years. He also worked at Kotak Mahindra (UK) Limited, managing offshore funds based in Singapore and Dubai.
2. Mr. Mahesh Patil
Mr. Mahesh Patil is Aditya Birla Sun Life AMC Limited's Chief Investment Officer (CIO). He has been with ABSL AMC since October 2005 and oversees INR 3 lakh crore of assets under management. With over thirty years of rich experience in fund and investment management, Mahesh leads the entire investment team, comprising fund managers and analysts. In 2016, Asia Asset Management awarded him the India CIO of the Year Equity. In 2015, the Aditya Birla group awarded him the Chairman’s Individual Award for being an Accomplished Leader.
3. Ms. Sunaina da Cunha
Ms. Sunaina da Cunha has been a part of the Aditya Birla Group since 2004, starting as a Group Management Trainee at Aditya Birla Management Corporation Private Limited.
She is now the Co-Head of Fixed Income at Aditya Birla Sun Life AMC Limited, leading the company's overall credit portfolio. With over twenty years of relevant experience in fixed-income fund management, she is an expert in structuring bond solutions and credit transactions.
4. Mr. Kaustubh Gupta
Mr. Kaustubh Gupta joined ABSLAMC in 2009. He is the Co-Head of Fixed Income at Aditya Birla Sun Life AMC Limited, leading the overall fixed-income portfolio management. He has over 20 years of extensive investment experience, having worked in liquidity management, treasury finance, and fund management.
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