Aditya Birla Mutual Fund
About Aditya Birla Mutual Fund
Aditya Birla Sun Life was founded in 1994 by Aditya Birla Capital Limited and Sun Life AMC Investments, a Canada-based financial services company. Aditya Birla AMC is one of the leading asset managers in India that manages over 10.5 million investor folios and is present across 300+ locations.
The AMC manages assets worth 4,009 billion. The AMC primarily deals in Equity, Debt, Hybrid and Index Funds mutual funds. They offer more than 94 schemes of which 41 are equity schemes, 34 debt schemes, 13 hybrid schemes and 4 other schemes (including commodity schemes).
Aditya Birla Sun Life Mutual Fund Key Information
Best Aditya Birla Mutual Funds
AUM ₹494 Cr •
Expense 0.6%
AUM ₹320 Cr •
Expense 1.6%
AUM ₹284 Cr •
Expense 1.5%
AUM ₹216 Cr •
Expense 1.6%
AUM ₹1133 Cr •
Expense 0.3%
AUM ₹1158 Cr •
Expense 1.1%
AUM ₹6044 Cr •
Expense 0.6%
AUM ₹901 Cr •
Expense 0.9%
AUM ₹1169 Cr •
Expense 1.2%
AUM ₹1030 Cr •
Expense 1%
AUM ₹5253 Cr •
Expense 0.8%
AUM ₹1455 Cr •
Expense 0.7%
AUM ₹2027 Cr •
Expense 0.6%
AUM ₹6388 Cr •
Expense 0.9%
AUM ₹445 Cr •
Expense 0.3%
AUM ₹312 Cr •
Expense 0.4%
AUM ₹6290 Cr •
Expense 0.9%
AUM ₹239 Cr •
Expense 0.3%
AUM ₹36 Cr •
Expense 0.4%
AUM ₹1475 Cr •
Expense 1.1%
Management Team | |
Mr. A Balasubramanian | CEO |
Mr. Mahesh Patil | Chief Investment Officer |
Ms. Hemanti Wadhwa | Chief Compliance Officer |
Top Fund Managers of Aditya Birla Mutual Fund
Compare Aditya Birla Mutual Fund with other AMCs
AMC | AUM(in Cr) | AUM change (1M) | AUM Rank | Action |
|---|---|---|---|---|
 ICICI | ₹9.5L Cr | - ₹93.1K Cr | 1/49 | Invest |
 SBI | ₹8.2L Cr | - ₹85.8K Cr | 2/49 | Invest |
 HDFC | ₹8.6L Cr | - ₹98.2K Cr | 3/49 | Invest |
 Kotak | ₹5.2L Cr | - ₹54.3K Cr | 4/49 | Invest |
 Nippon | ₹4.6L Cr | - ₹51.3K Cr | 5/49 | Invest |
 Aditya Birla Sun Life | ₹3.8L Cr | - ₹47.7K Cr | 6/49 | Invest |
 Axis | ₹3.1L Cr | - ₹50.8K Cr | 7/49 | Invest |
 UTI | ₹2.3L Cr | - ₹32.8K Cr | 8/49 | Invest |
Key information about Aditya Birla Sun Life Mutual Fund
Headquarters
One World Center, Tower 1, 17th Floor, Jupiter Mills, Senapati Bapat Marg, Elphinstone Road Mumbai 400 013
18002707000
How Can You Invest In Aditya Birla Mutual Fund?
Investing in the Aditya Birla Mutual Fund is simple and can be done easily on INDmoney. To get started, follow these steps:
1. Download the INDmoney app. Next, create your free account by completing your KYC.
2. Search for ‘Aditya Birla Mutual Funds’ on the search bar. Explore all the mutual funds by the Aditya Birla AMC available to you.
3. Analyze key metrics like annualised returns, expense ratio, AUM, etc to decide which fund you wish to invest in.
4. Choose whether you wish to invest in a lump sum or SIP. Enter the amount and interval in case of SIP.
5. Set up payments for your investment. You can do this via a bank mandate or set UPI auto-pay.
Tax on Aditya Birla Mutual Fund
When you redeem your mutual fund investments, the returns are subject to capital gains tax. The tax treatment varies for equity and debt mutual funds. Here’s a detailed breakdown:
Tax on Equity Mutual Funds
- Short-term Capital Gain (STCG):
If you sell your investments within 1 year, an STCG tax of 20% is levied on the gains.
- Long-term Capital Gain (LTCG):
If you sell your investments after 1 year, the LTCG tax is applicable. Gains up to ₹1,25,000 are exempt, and a 12.5% tax is levied on the amount exceeding this limit.
Tax on Debt Mutual Funds
- Short-term Capital Gain (STCG):
For debt mutual funds, if you sell your investments within 24 months, STCG tax is charged.
- Long-term Capital Gain (LTCG):
If you sell your debt fund investments after 24 months, LTCG tax is applicable.
Important Note
The tax treatment for debt mutual funds depends on the date of investment:
- For investments before 1st April 2023: STCG is taxed as per your income slab rate. LTCG is taxed at 12.5%.
- For investments on or after 1st April 2023: Both STCG and LTCG are taxed as per your income slab rate.
Understanding these rules can help you make informed decisions and minimize your tax liability when redeeming your mutual fund investments.
Frequently asked questions
The following are some fund managers working under Aditya Birla Sun Life Mutual Fund:
- Sunaina da Cunha
- Dhaval Joshi
- Harshil Suvarnkar
- Mohit Sharma
- Kaustubh Gupta
You can use INDmoney’s Aditya Birla Sun Life SIP calculator to know the daily, weekly, monthly and quarterly SIP amounts of all schemes under this AMC.
You can directly withdraw the returns of any Aditya Birla Mutual Funds through the INDmoney application. To do this, you can visit the scheme's page and click the 'Redeem' button to receive the investment amount directly to your bank account.
You can avail tax benefits under Section 80C of the Income Tax Act, 1961 by investing in the Equity-Linked Saving Scheme (ELSS) offered by Aditya Birla Mutual Fund - Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth
All Aditya Birla Sun Life Mutual Funds are registered under the SEBI. It monitors all transactions taking place to and from this AMC. Therefore, you can invest in this mutual fund without worries. However, note that all mutual funds are subject to market risks.