Aditya Birla Sun Life Mutual Fund
Aditya Birla Sun Life Mutual Fund is one of the leading Asset management companies in India. It was formed in 1994 as a joint venture between Sun Life Financial from Canada and India's Aditya Birla Group. This fund is not only famous for its wide variety of investment offers it offers it is also famous for his loyalty it offers to its customers. The fund house deals in 4 main fund classes, namely, Equity funds, Debt funds, Income funds and ELSS funds. Most important thing is the fund aims to achieve these key objectives while simultaneously maintaining low levels of risk for the investor. It has completed more than 20 years in its journey to offer wealth creation solutions to its customers.
Types of Aditya Birla Sun Life Mutual Fund
Aditya Birla Sun life Mutual Fund has spread its mutual fund schemes in 4 different categories. We are giving a table here for you to understand easily.
Equity
- Large- cap
- Large & Mid cap
- Mid-cap
- Small-cap
- Multi-cap
- Focused
- ELSS
- Divined Yield
- Value
- Arbitrage
- Thematic
- Sectoral
Debt
- Liquid
- Ultra short duration
- Money market
- Low duration
- Short duration
- Medium duration
- Medium to long term
- Floater
- Corporate Bond
- Corporate Bank & PSU Debt.
- Dynamic Bond
- Credit Risk
- Gilt
Hybrid
- Conservative Hybrid
- Equity Savings
- Balance Advantage
- Aggressive Hybrid
Others
- Index
Documents require for Aditya Birla Sun Life mutual fund
- PAN Card
- AADHAR Card
- Voter's ID
- Passport size Photographs
- Download the KYC form
- The investors will be issued an acknowledgment reciept which he/she needs to submit while applying for subscribing for a mutual fund scheme
Eligibility criteria of Aditya Birla Sun Life mutual fund
- Adult citizens residing in India.
- Minor through legal guardians/parents.
- Limited liability partnership.
- Religious and charitable trusts.
- Banking and financial institutions
- Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
- The Karta of Hindu Undivided Family (HUF)
- Persons of Indian origin residing abroad (PIOs) or Non-Resident Indians can apply for subscription either on repatriation basis or on non-repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
- Foreign Institutional Investors (FIIs) who have registration under the Securities and Exchange Board of India on repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
- Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
- Other schemes of Mutual Funds subject to the conditions and limits prescribed by SEBI Regulations
Benefits of Aditya Birla Sun Life Mutual Fund
- This fund is on at low risk so there is no downfall.
- It provides ready liquidity.
- Superior tax efficient returns compared to bank account Fds
- Short term to medium term investment.
- Easy online investment.
- Simple use interface.
