Top 10 Aditya Birla Sunlife Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Aditya Birla Sun Life Tax Relief 96EquityModerately High-11.4%star8,850
Aditya Birla Sun Life Equity FundEquityModerately High-5.9%star11,223
Aditya Birla Sun Life Small Cap FundEquityModerately High-22.6%star2,366
Aditya Birla Sun Life Tax Relief 96EquityModerately High-12.3%star8,850
Aditya Birla Sun Life Equity FundEquityModerately High-6.8%star11,223
Aditya Birla Sun Life Small Cap FundEquityModerately High-23.5%star2,366
Aditya Birla Sun Life Pure Value FundEquityModerately High-22.1%star4,433
Aditya Birla Sun Life Mid Cap FundEquityModerately High-15.9%star2,375
Aditya Birla Sun Life Frontline Equity FundEquityModerately High-6.1%star21,664
Aditya Birla Sun Life Equity Hybrid 95 FundHybridModerately High-5.8%star12,663
Aditya Birla Sun Life Equity Advantage FundEquityModerately High-13.6%star5,285
Aditya Birla Sun Life Equity Hybrid 95 FundHybridModerately High-6.7%star12,663
Aditya Birla Sun Life Corporate Bond FundDebtModerately Low10.4%star15,662
Aditya Birla Sun Life Equity Advantage FundEquityModerately High-14.4%star5,285
Aditya Birla Sun Life Frontline Equity FundEquityModerately High-6.9%star21,664
View All Top 10 Aditya Birla Sunlife Mutual Funds

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) exceeding Rs. 2,423 Crore as per the data released by Association of Mutual Funds of India as of December 31, 2019.

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.

Out of the 83.2 million folios, ABSLMF alone manages over 6.8 million as of December 2018. They have a pan-India presence spread across 269 locations, which includes metropolises and small towns alike. Their agent network is over 200,000 strong along with 17,000 full-time employees.

ABSLMF takes an active approach in making 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 include sector-specific equity options, treasury and debt products, fund of fund schemes and hybrid income funds, to name a few.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Aditya Birla Sun Life Tax Relief 96 Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 7.35% annualized returns in the last 3 years. In the last 1 year, it gave -11.36% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -11.36% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ajay Garg

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM8,850Cr
1Y Returns-11.4%

Aditya Birla Sun Life Equity Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 8.1% annualized returns in the last 3 years. In the last 1 year, it gave -5.94% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.94% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Anil Shah

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM11,223Cr
1Y Returns-5.9%

Aditya Birla Sun Life Small Cap Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Small Cap segment and provided 0.96% annualized returns in the last 3 years. In the last 1 year, it gave -22.61% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -22.61% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jayesh Gandhi

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM2,366Cr
1Y Returns-22.6%

Aditya Birla Sun Life Tax Relief 96-Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 6.22% annualized returns in the last 3 years. In the last 1 year, it gave -12.26% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -12.26% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ajay Garg

Launch Date06 Mar 2008
Min Investment AmtNaN
Groww Ratingstar
AUM8,850Cr
1Y Returns-12.3%

Aditya Birla Sun Life Equity Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 6.96% annualized returns in the last 3 years. In the last 1 year, it gave -6.82% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.82% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Anil Shah

Launch Date27 Aug 1998
Min Investment AmtNaN
Groww Ratingstar
AUM11,223Cr
1Y Returns-6.8%

Aditya Birla Sun Life Small Cap Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Small Cap segment and provided -0.19% annualized returns in the last 3 years. In the last 1 year, it gave -23.52% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -23.52% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jayesh Gandhi

Launch Date31 May 2007
Min Investment AmtNaN
Groww Ratingstar
AUM2,366Cr
1Y Returns-23.5%

Aditya Birla Sun Life Pure Value Direct Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Value segment and provided 0.88% annualized returns in the last 3 years. In the last 1 year, it gave -22.05% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -22.05% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Mahesh Patil, Milind Bafna

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM4,433Cr
1Y Returns-22.1%

Aditya Birla Sun Life Mid Cap Direct Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Mid Cap segment and provided 2.44% annualized returns in the last 3 years. In the last 1 year, it gave -15.91% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -15.91% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jayesh Gandhi

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM2,375Cr
1Y Returns-15.9%

Aditya Birla Sun Life Frontline Equity Direct Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided 6.3% 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 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Mahesh Patil

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM21,664Cr
1Y Returns-6.1%

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 5.44% annualized returns in the last 3 years. In the last 1 year, it gave -5.85% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.85% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Mahesh Patil, Pranay Sinha, Dhaval Shah

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM12,663Cr
1Y Returns-5.8%

Aditya Birla Sun Life Equity Advantage Fund Direct -Growth

Fund Performance: This fund has consistently beaten its benchmark in Large & Mid Cap segment and provided 4.04% annualized returns in the last 3 years. In the last 1 year, it gave -13.64% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -13.64% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Satyabrata Mohanty

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM5,285Cr
1Y Returns-13.6%

Aditya Birla Sun Life Equity Hybrid '95 Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 4.26% annualized returns in the last 3 years. In the last 1 year, it gave -6.65% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.65% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Mahesh Patil, Pranay Sinha, Dhaval Shah

Launch Date10 Feb 1995
Min Investment AmtNaN
Groww Ratingstar
AUM12,663Cr
1Y Returns-6.7%

Aditya Birla Sun Life Corporate Bond Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Corporate Bond segment and provided 8.18% annualized returns in the last 3 years. In the last 1 year, it gave 10.44% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.44% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Debt mutual fund in India.

Fund Manager: Maneesh Dangi, Kaustubh Gupta

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM15,662Cr
1Y Returns10.4%

Aditya Birla Sun Life Equity Advantage Fund Regular-Growth

Fund Performance: This fund has consistently beaten its benchmark in Large & Mid Cap segment and provided 2.87% annualized returns in the last 3 years. In the last 1 year, it gave -14.42% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -14.42% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Satyabrata Mohanty

Launch Date24 Feb 1995
Min Investment AmtNaN
Groww Ratingstar
AUM5,285Cr
1Y Returns-14.4%

Aditya Birla Sun Life Frontline Equity Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided 5.29% annualized returns in the last 3 years. In the last 1 year, it gave -6.87% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.87% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Mahesh Patil

Launch Date30 Aug 2002
Min Investment AmtNaN
Groww Ratingstar
AUM21,664Cr
1Y Returns-6.9%

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

<p>The investment process in <strong>Aditya Birla Mutual Fund</strong> is a rather simple and straightforward process. Done correctly, it should not take up more than a few minutes.</p> <p>Simply follow these steps and begin your investment portfolio:</p> <p>Step 1: Register for a Groww account; existing clients just need to log in.</p> <p>Step 2: Upload documents that are proof of identity such as driving license, Voter ID card, Passport, PAN, Aadhaar, etc.</p> <p>Step 3: Upload documents that are proof of address such as utility bills, Aadhaar, Passport, etc.</p> <p>Step 4: Select an investment period you are comfortable with.</p> <p>Step 5: Select a level of risk you are comfortable with- high, medium or low.</p> <p>Step 6: Select an <strong>Aditya Birla Sun Life Mutual Fund</strong> of your choice.</p> <p>Step 7: Select ‘Start SIP’ if you to make a SIP investment or choose ‘Invest One Time’ for a single lump sum investment.</p> <p>That completes your investment procedure. <strong>The Aditya Birla Mutual Funds</strong> that you purchase shall reflect on your Groww account in 3-4 business days.</p>

Top Fund Managers

<p style={{fontSize: 16}}><strong>1. Mr. Satyabrata Mohanty</strong></p> <p>Mr. Satyabrata Mohanty is the Head of Mixed Assets at ABSLMF. A chartered accountant by training, Mr. Mohanty has been associated with the Aditya Birla for over 20 years. He joined the organisation in 1998 as a management trainee and has since then served it in various capacities. He moved over to their asset management division, where he became a co-head in 2003. His equity management career began in 2009 in the same organisation, and his career trajectory has been an upward curve ever since.</p> <p>During various points in his tenure, Mr. Mohanty has managed Advantage Funds, Dividend Yield Plus, India Reforms and Special Situations Funds. His most preferred investments are in companies which show a robust growth pattern (CAGR of 20% and above) over a long period. Banking and financial service have traditionally been his favourite areas of investment.</p> <p>Mr. Mohanty has managed some of the most high-performing funds at <strong>Birla Mutual Fund</strong> such as Aditya Birla Sun Life Advantage Fund, Aditya Birla Sun Life India Reforms Fund, Aditya Birla Sun Life Special Situations Fund and Aditya Birla Sun Life Dividend Yield Plus Fund.</p> <p style={{fontSize: 16}}><strong>2. Mr. Maneesh Dangi</strong></p> <p>Mr. Maneesh Dangi is the Co-Chief Investment Officer at ABSLMF, heading the Fixed Income Investment division of the company. Mr. Dangi, an MBA in Finance and FRM, has been associated with the firm since January 2006.</p> <p>Before joining the Aditya Birla Group, Mr. Dangi was the Head of Fixed-Income Investment Consultancy and Merchant Banking at Pioneer Investcorp. With an experience spanning over two decades, he has pulled off some of the most impressive investment portfolios at ABSLMF, where he managed a team of 22 analysts and fund managers who collectively manage funds worth over Rs. 1.5 Lakh Crore.</p> <p>Mr. Dangi manages 19 schemes worth more nearly Rs. 44,000 Crore. His impressive investment portfolio comprises of Aditya Birla Sun Life Credit Risk Fund, Aditya Birla Sun Life Short Term Opportunities Fund, Aditya Birla Sun Life Corporate Bond Fund, and Aditya Birla Sun Life Banking & PSU Debt Fund.</p> <p style={{fontSize: 16}}><strong>3. Mr. Mohit Sharma</strong></p> <p>A PGDCM holder from the prestigious Indian Institute of Management- Calcutta, Mr. Mohit Sharma is associated with <strong>Birla Sun Life Mutual Funds</strong> since October of 2015. Before joining the Birla-led AMC, Mr. Sharma used to run his private health-tech business since 2012. His career started with a one-year stint at Irevna Ltd. (a subsidy of credit report company CRISIL) as an Equity Research analyst. He has also served multiple stints at leading financial institutions in the country such as Standard Chartered Bank (2007-2011), and ICICI Bank Ltd. (2006-2007).</p> <p>At ABSLMF, Mr. Sharma has been involved in managing funds most of which have returned over 8% YoY. His portfolio of fund management comprises of Aditya Birla Sun Life Balanced Advantage Fund, Aditya Birla Sun Life Low Duration Fund, Aditya Birla Sun Life Fixed Term Plan and ABSL Money manager Fund, among others.</p> <p style={{fontSize: 16}}><strong>4. Mr. Dhaval Gala</strong></p> <p>Mr. Dhaval Gala, a former student of the N.L. Dalmia Institute of Management Studies & Research with a Post Graduate Degree in Business Management (Finance), is one of the most dynamic fund managers at <strong>Aditya Birla Mutual Funds</strong>. Prior to his association with the AMC, Mr. Gala had gained considerable experience at leading financial companies like J.P. Morgan Chase India and B&K Securities.</p> <p>At ABSLMF, Mr. Gala heads the Birla Sun Life Banking & Financial Services Funds division along with his senior colleague, Mr. Satyabrata Mohanty. He manages a total AuM of nearly Rs. 1,900 Crore.</p> <p style={{fontSize: 16}}><strong>5. Ms. Sunaina da Cunha</strong></p> <p>Ms. Sunaina de Cunha has been one of the most consistent employees of <strong>Aditya Birla Sun Life Mutual Funds</strong> since 2004. Ms. Cunha started her career at Aditya Birla Group after obtaining her CFA Charter Holder from CFA Institute in Virginia. She also went to FMS, Delhi from where she earned a master’s degree in Business Administration.</p> <p>Ms. Cunha’s portfolio of funds is impressive, to say the least. She manages 13 schemes with a cumulative AuM of over Rs. 91,000 Crore. Among several others, she manages the following funds- Aditya Birla Sun Life Liquid Fund, Aditya Birla Sun Life Savings Fund, and Aditya Birla Sun Life Credit Risk Fund.</p> <p style={{fontSize: 16}}><strong>6. Mr. Pranay Sinha</strong></p> <p>Mr. Pranay Sinha has the distinction of attending both IIT-Kharagpur and IIM-Calcutta, from where he obtained his PGDM in Finance. Mr. Sinha has a rich corporate experience of over 13 years, over a decade out of which is in Fund Management and Currency Trading.</p> <p>Mr. Sinha joined ABSLMF back in 2014 and quickly made his way to the top of the chain by managing some of the most profitable funds. Prior to his association with ABSLMF, he had worked in various capacities at major companies like BNP Paribas Bank, ICICI Prudential Asset Management Company Limited and Morgan Stanley Investment Management Pvt. Ltd.</p> <p>At ABSLMF, Mr. Sinha overlooks 20 schemes with a new AuM of over Rs. 21,500 Crore.</p> <p style={{fontSize: 16}}><strong>7. Mr. Kaustabh Gupta</strong></p> <p>A chartered accountant and CFA by qualification, Mr. Kaustabh Gupta is one of the sharpest financial brains at <strong>Aditya Birla Sun Life Mutual Fund</strong>. As a senior fund manager, Mr. Gupta has managed some of the most consistent schemes at ABSLMF. He brings with himself 14 years of rich experience, working in different domains such as liquidity management, treasury finance, and fund management. Mr. Gupta was previously a part of the Asset Liability Management team at ICICI bank before leaving the post to join ABSLMF in 2009.</p> <p>Mr. Gupta is now responsible for managing 24 schemes with a cumulative AuM in excess of Rs. 1.29 Lakh Crore. Among his highest grossing schemes are Aditya Birla Sun Life Government Securities Fund, Aditya Birla Sun Life Corporate Bond Fund, Aditya Birla Sun Life Banking & PSU Debt Fund and Aditya Birla Sun Life Short Term Opportunities Fund.</p>

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