Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life is a joint venture between two well-renowned brands - India's Aditya Birla Group and Canada's Sun Life Financial. Formed in the year 1994, it has played a critical role in expanding the penetration and popularizing mutual funds in India.

According to an AMFI report, Aditya Birla Sun life is one of the largest fund houses in the country (basis domestic average AUM). The total fund size of the AMC has reached ₹247521 Crore as on 31st March 2020. Its impressive and diversified product suite, strong investment strategies, robust performance and simplified processes have helped grow the investor portfolio count to almost 7 million.

In addition to providing mutual funds, ABSLMF also offers wealth management and portfolio management services. It also deals with pension funds and real estate investments.

Aditya Birla Sun Life Mutual Fund has leveraged Aditya Birla Group's knowledge and understanding of the domestic market along with the global experience of Sun Life. The consistent performance displayed by the fund house has made it a dependable and credible name in the industry. With 143 schemes across various categories, all kinds of investors (regardless of their risk appetite, investment horizon or financial goals) can find the right scheme for themselves. Read on to know more about the top-performing Aditya Birla Sun Life Mutual Funds across different fund categories.

Aditya Birla Sun Life Equity Mutual Funds can be further classified into sub-categories basis market capitalization (large-cap, large and midcap, midcap, small-cap or multi-cap), theme or sector (MNC, GenNext, Digital India, Pharma and healthcare, international, banking and financial services, commodities or PSU) and investment strategy (focussed, pure value, dividend yield or arbitrage). There are 18 pure equity funds (excluding ELSS) offered by Aditya Birla Sun life Mutual Fund with a cumulative AUM of ₹55939 crores as on 31st March 2020.

These schemes from Axis Mutual Fund come in multiple variants - basis market capitalization (small-cap, Mid cap and Large cap), tax-saving funds,Index funds. The AUM of Axis Equity Mutual Funds (excluding ELSS) was ₹45,943 cores as on 31st March 2020.

Here is a list of the top-performing Aditya Birla Sun Life Mutual Funds in the equity category.

Debt funds invest in a mix of debt instruments such as treasury bills, government securities, corporate Bonds and other money market instruments of varying maturities. These are relatively less volatile and, hence are less risky than equity funds. Debt Mutual funds seeks to provide capital preservation and regular income. Aditya Birla Sunlife Debt funds can be further classified into sub categories catering to different time horizons as well as liquidity preference of investors. Investors can choose from 12 debt funds whose risk profile ranges between low and moderate.

The performance of the ABSL Debt Mutual Funds has been one of the best in the market. As on 31st March 2020, the AUM of the Liquid/Floater/Money Market Funds was ₹64148 crores and for other debt oriented schemes was Rs. 93257 crores. Gilt Funds had a fund size of ₹246 crores.

Here is a list of the top-performing Aditya Birla Sun Life Debt Mutual Funds.

Hybrid Funds invest in a mix of growth oriented equity, capital preserving debt and other assets related instruments, which can vary proportionally over time. There are various types of Hybrid funds available that caters to different needs of an investor. For instance, a risk-averse investor can opt for the conservative hybrid fund which invests a substantial portion in debt instruments. Aggressive hybrid funds, on the other hand, would be suitable for investors with healthy risk appetite as that has greater exposure to equities.

Currently, Aditya Birla Sun Life offers five hybrid funds - Regular Savings (for conservative investors) Equity Hybrid (for aggressive investors) and Balanced Advantage (for investors with Higher risk appetite). The AUM of these open-ended hybrid schemes is ₹1850 crores, ₹10835 crores and ₹2739 crores respectively. This diversification ensures that there is a scheme for everyone.

Aditya Birla Sun life Tax Relief 96. is an open-ended ELSS which invests majority of their invested money in Equities across the sectors and industries. It serves the dual purpose of reducing the tax burden along with wealth creation in the long-run through investment in equity. Started in 1996, this tax saving mutual fund has generated 22.55% returns since its inception. It has a three-year lock-in period and no entry or exit load. The fund's portfolio comprises a wide range of industries, with the top three being- Healthcare (25.33%), Financial (20.81%) and Engineering (10.14%). In terms of Market capitalisation, the fund invests predominantly in Large cap and mid cap stocks

With an AUM of ₹9177 crores, this fund is perfect for investors who have a moderately high-risk appetite and seek long-term capital growth along with tax savings on the way.

• Aditya Birla Sun Life Equity Fund

  • Investment Objective:

    The Investment objective of the Aditya Birla Sun Life Equity Fund is to seek long term capital appreciation by investing in a well diversified portfolio of equity and equity related instruments.

  • Fund Details:

    The Fund Category of Aditya Birla Sun Life Equity Fund is Equity- Multi-Cap Fund with an AUM of ₹9648 crores as on 31st May 2020. The scheme was launched on 27-Aug-1998. The NAV for the Aditya Birla Sun Life Equity Fund was ₹636.69 as on 5th June 2020 with a 21% return since inception. The benchmark for this scheme is S&P BSE 500 TRI

    The expense of the Aditya Birla Sun Life Equity Fund is 1.94% for regular plans and 0.97% for direct plans. There would be an exit load of 1% if you redeem before completion of one year from date of investment.

    The portfolio holding as on 31st May 2020

    Company	Sector	% Assets
    HDFC Bank	Financial	8.74
    ICICI Bank	Financial	7.75
    Bharti Airtel	Communication	6.97
    Dr. Reddy's Lab	Healthcare	4.68
    Sun Pharmaceutical Inds.	Healthcare	4.68

    The minimum investment in Aditya Birla Sun Life Equity Fund is ₹100.

• Aditya Birla Sun Life Tax Relief 96 Fund

  • Investment Objective:

    The investment objective of the Aditya Birla Sun Life Tax Relief 96 Fund is to generate long term capital appreciation along with saving tax at the time of investing U/S 80C. It invests in a diversified mix of equity and equity-related instruments. Also, since there is a 3-year lock-in during which the money is definitely invested, the fund manager has the time horizon to make an informed decision and create a stable equity portfolio without having to worry about the Redemption pressure in short term volatility.

  • Fund Details:

    The Fund Category of Aditya Birla Sun Life Tax Relief 96 Fund is Equity Linked Savings Scheme, with an AUM of ₹9177 crores as on 31st May 2020. The scheme was launched on 29-Mar-1996. The NAV for the Aditya Birla Sun Life Tax Relief 96 Fund was ₹28.6 as on 5th June 2020 with a 22.53% return since inception. The benchmark for this scheme is S&P BSE 500 TRI.

    The expense of the Aditya Birla Sun Life Tax Relief 96 Fund is 1.94% for regular plans and 0.94% for direct plans. Since this scheme is a tax saving fund so you can not withdraw from them before the completion of lock in period of three years.

    Aditya Birla Sun Life Tax Relief 96 Fund is exposed greatly in the Healthcare and finance sector. Honeywell Automation India Ltd., Reliance Industries Ltd, and Housing Development Finance Corporation Ltd. are the major exposures.

    The portfolio holding as on 31st May 2020 is:

    Company	Sector	% Assets
    Reliance Industries	Energy	10.14
    Honeywell Automation	Engineering	8.92
    Pfizer	Healthcare	8.1
    HDFC	Financial	7.46
    Bayer CropScience	Healthcare	7.33

    The minimum investment in Aditya Birla Sun Life Tax relief 96 fund is ₹500.

• Aditya Birla Sun Life Corporate Bond Fund

  • Investment Objective:

    The investment objective of Aditya Birla Sun Life Corporate Bond Fund is to generate optimal and stable returns through an actively-managed Debt Portfolio which offers great liquidity options. The fund invests in High quality debt and money market instruments with a sound credit background.

  • Fund Details:

    The Fund Category of Aditya Birla Sun Life Corporate Bond Fund is a Debt- Corporate Bond Fund, with an AUM of ₹18,059 crores as on 31st May 2020. The scheme was launched on 03-March-1997. The NAV for the Aditya Birla Sun Life Corporate Bond Fund, Regular-Growth option was ₹80.68 as on 5th June 2020 with a 9.39% return since inception. The benchmark for this scheme is NIFTY Corporate Bond TRI

    The expense of the Aditya Birla Sun Life Corporate Bond Fund is 0.45% for regular plans and 0.30% for direct plans. There would be no exit load for Aditya Birla Sun Life Corporate Bond Fund.

    The top portfolio holding with varied maturity, as on 31st May 2020 is:

    Instrument	Credit Rating	1Y Range	% Assets
    7.57% GOI 17/06/2033	GOI Securities	SOV	5.09
    6.45% GOI 2029	GOI Securities	SOV	4.97
    7.17% Reliance Industries 2022	Non Convertible Debenture	AAA	2.76
    6.70% National Bank Agr. Rur. Devp 2022	Debenture	AAA	2.69
    8.65% M&M Financial Services 19/03/2021	Debenture	AAA	2.51

    The minimum investment amount for Aditya Birla Sun Life Corporate Bond Fund is ₹100.

• Aditya Birla Sun Life Frontline Equity Fund

  • Investment Objective:

    The investment objective of Aditya Birla Sun Life Frontline Equity Fund is to generate long term capital appreciation and wealth creation by investing in equity and equity related instruments. This scheme invests in diversified equity and equity-related stocks from the multiple sectors and industries as selected by the benchmark index of Nifty 50 TRI.

  • Fund Details:

    The Fund Category of Aditya Birla Sun Life Frontline Equity Fund is an Equity Large Cap Fund, with an AUM of ₹16,027 crores as on 31st May 2020. The scheme was launched on 30-Aug-2002. The NAV for the Aditya Birla Sun Life Frontline Equity Fund was ₹193.73 as on 5th June 2020 with a 18.14% return since inception. The benchmark for this scheme is Nifty 50 TRI.

    The expense of the Aditya Birla Sun Life Frontline Equity Fund is 1.82% for regular plans and 1.10% for direct plans. There would be an exit load of 1% if you redeem before completion of one year from the date of investment.

    Aditya Birla Sun Life Frontline Equity Fund has high exposure in the Financial Sector. HDFC Bank Ltd. and ICICI Bank Ltd. are the biggest holding. Here is the detailed table of holding for this scheme.

    The Top portfolio holding as on 31st May 2020 is:

    Company	Sector	% Assets
    HDFC Bank	Financial	8.15
    ICICI Bank	Financial	6.72
    Infosys	Technology	6.25
    Reliance Industries	Energy	6.1
    Bharti Airtel	Communication	6.07

    The minimum investment in Aditya Birla Sun Life Frontline Equity Fund is ₹100.

• Aditya Birla Sun Life Saving Fund

  • Investment Objective:

    The investment objective of Aditya Birla Sun Life Saving Fund is to generate reasonable returns along with the ease of high liquidity as in the case of saving bank accounts. The schemes invest in a portfolio of debt and money market instruments and earn better returns than a Regular Saving Bank account.

  • Fund Details:

    The Fund Category of Aditya Birla Sun Life Savings Fund is a Debt - Ultra Short Duration Fund, with an AUM of ₹12,902 crores as on 31st May 2020. The scheme was launched on 27-Nov-2001. The NAV for the Aditya Birla Sun Life Savings Fund was ₹403.90 as on 5th June 2020 with a 7.79% return since inception. The benchmark for this scheme is CRISIL Ultra Short Term Debt Index.

    The expense of the Aditya Birla Sun Life Savings Fund is 0.45% for regular plans and 0.33% for direct plans. There would be no exit load in Aditya Birla Sun Life Savings Fund.

    The portfolio of Top holding of varied maturity as on 31st May 2020 is:

    Instrument	Credit Rating	1Y Range	% Assets
    6.78% Reliance Industries 16/09/2020	Non Convertible Debenture	AAA	5.77
    8.20% Power Finance Corp. 14/09/2020	Bonds/NCD	AAA	4.7
    HDFC 317-D 10/03/2021	Commercial Paper	A1+	3.08
    8.97% Shriram Transport Finance 15/03/2021	Debenture	AA+	2.82
    8Indusind Bank 24/02/2021	Certificate of Deposit	A1+	2.58

    The minimum lump sum investment in Aditya Birla Sun Life Savings Fund is ₹1000.

Aditya Birla Sun Life Mutual Fund tries to provide an all-round solution to all their customers and provide services that would prove valuable to them. The details of the customer care where an investor can contact to query about his Aditya Birla SIP and Lump Sum investment is as follows:

SIPs and one time investments in Aditya Birla Sun Life Mutual Funds investment can be easily done on ET Money and even the Birla Sun Life Mutual Fund Statement can be easily obtained from the same. For that, the investor simply needs to download the ET Money app. Here one can look at the past returns and risk metrics before investing in the same. There is "No Commission" that is charged from the Investor.

• Mr. Maneesh Dangi:

  Co-Chief Investment Officer

  Mr. Dangi takes care primarily of the Fixed Income related funds. He has an expertise and experience of handling invested funds in the Debt Funds, Corporate Bond, PSU Debt Funds and so on. The Team of analysts and fund managers that he heads counts up to 22 and these experts handle a portfolio of more than 1.6 lakh Crores of Investor's money both in the form of Birla Sun Life SIP, and Birla Sun Life One Time Investment. The Funds that are primarily his responsibility are Aditya Birla Sun Life Banking and PSU Debt Fund, Aditya Birla Sun Life Short term Opportunity Fund, Aditya Birla Sun Life Credit Risk Fund, Aditya Birla Sun Life Corporate Bond, and so on.

• Mr. Mahesh Patil:

  Co-Chief Investment Officer

  Mr. Mahesh Patil is the Co-Chief Investment Officer (Equity). He has an overall experience of 27 years and had joined Aditya Birla Sun Life Mutual Fund in 2005. Then in 2008, he was promoted as the Co-Chief Investment Officer (Equity). He now heads a team of 20 expert analysts and fund managers, and they together manage funds as huge as 92,000 Crores in the equity market both in the form of Birla Sun Life SIP, and Birla Sun Life One Time Investment.

  Mr. Patil holds the degree of Engineering from VJTI in Mumbai and is an MBA in Finance from Jamnalal Bajaj Institute in Mumbai. He too is a charter holder from ICFAI in Hyderabad. He thus being an Equity expert has Funds like Aditya Birla Sun Life Frontline Equity Fund, Aditya Birla Sun Life Equity Hybrid '95, Aditya Birla Sun Life Focused Equity Fund, Pure Value Fund.

• Ms. Ajay Garg:

  Sr. Fund Manager

  Mr.Ajay Garg is an Electronics Engineer from Bangalore University and is an MBA in Finance from Mumbai University. He is also a pass out from Hartmann College Class of 1987. He has an experience of over twenty-five years and manages the equity-oriented funds for Aditya Birla Sun Life Mutual Fund. He is an expert in equity especially of the Indian Market and in all sorts of financial services and therefore proves extremely beneficial for Birla Sun Life SIP along with the other investments.

  He had been with the American Express bank before joining Aditya Birla Sun Life Mutual Fund and in a few stockbroking firms prior to that.