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Introduction to the Fund
Aditya Birla Sun Life Mutual Fund was established in 1994, co-sponsored by Aditya Birla Capital Limited and Sun Life AMC Investments Inc. Aditya Birla Sun Life is the 3rd largest fund house in India as per the Association of Mutual Funds of India. The firm has a pan India presence of 247 cities and towns.
Types of Mutual Fund offered by Aditya Birla Sun Life
Aditya Birla Sun Life offers a good mix of product offerings across equity, debt, balanced and structured asset categories. With a good track record of investment performance, the company has been able to garner around over 6.4 million investor folios. The Mutual Fund offers many schemes under Savings Solution, Regular Income Solution, Tax Planning solution and Wealth Solution.
Savings Solution
Under this category, Aditya Birla Sun Life Mutual Fund offers to protect your money and provide liquidity with tax efficient returns in comparison to Bank accounts and FDs.
Aditya Birla Sun Life Liquid Fund
| Description | Open-ended liquid scheme which invests in instruments like Certificate of Deposits (CDs), Commercial Papers (CPs), Treasury Bills (TBills), CBLO, etc. with residual maturity profile of <= 91 days |
| Objective | Provide reasonable returns at a highest level of safety and liquidity through investments in high quality debt And money market instruments. |
| Date of Allotment | June 16, 1997 |
| Benchmark | CRISIL Liquid Fund index |
| Type of Scheme | Open ended Liquid scheme |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Aditya Birla Sun Life Money Manager Fund
| Description | Open-ended debt scheme which endeavours to invest only in money market instruments like Certificate of Deposits (CDs), Commercial Papers (CPs), Treasury Bills (T Bills), CBLO etc. |
| Objective | Generate regular income through investment in a portfolio comprising of money market instruments. |
| Date of Allotment | June 5, 2003 |
| Benchmark | CRISIL Liquid Fund index |
| Type of Scheme | Open ended debt scheme investing in money market |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Aditya Birla Sun Life Low Duration Fund
| Description | Open-ended debt scheme which invests in a portfolio of debt and money market instruments of short maturities such that the Macaulay Duration is between 6-12 months, with a view and intent to provide reasonable returns & daily liquidity. |
| Objective | Generate income which is consistent with a portfolio through investments in a basket of debt and money market instruments of short maturities with a view to provide reasonable returns. |
| Date of Allotment | May 14, 1998 |
| Benchmark | CRISIL Short Term Bond Fund index |
| Type of Scheme | Open ended low duration debt scheme investing in instruments such that Macaulay duration of the portfolio is between 6 months and 12 months |
| Minimum Investment | Rs. 500 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Aditya Birla Sun Life Savings Fund
| Description | Open-ended ultra-short-term debt scheme investing in instruments such that Macaulay duration of the portfolio is between 3 months and 6 months |
| Objective | Generate regular income through investments in debt and money market instruments. Income may be generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The scheme will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents |
| Date of Allotment | November 27, 2001 |
| Benchmark | CRISIL Short Term Bond Fund index |
| Type of Scheme | Open ended ultrashort term debt scheme investing in instruments such that Macaulay duration of the portfolio is between 3 months and 6 months |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Aditya Birla Sun Life Floating Rate Fund
| Description | Open-ended debt scheme predominantly investing in the floating rate instrument. More than 65% of the assets will be allocated towards floating rate instruments. |
| Objective | Generate regular income through investment in a portfolio comprising substantially of floating rate debtmoney market instruments. The scheme may invest a portion of its net assets in fixed rate debt securities and money market instruments, invest its net assets in fixed rate debt securities and money market instruments |
| Date of Allotment | June 5, 2003 |
| Benchmark | CRISIL Liquid Fund index |
| Type of Scheme | Open-ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps / derivatives) |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Aditya Birla Sun Life Arbitrage Fund
| Description | Open-ended equity scheme that strives to take advantage of the difference in prices of a security in the cash segment and derivatives segment by turning market volatility to its advantage. |
| Objective | Generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials /mis-pricing prevailing for stock / index in various market segments (Cash & Future). |
| Date of Allotment | July 24, 2009 |
| Benchmark | Nifty 50 Arbitrage |
| Type of Scheme | Open ended scheme investing in arbitrage opportunities |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 30 days from the date of allotment: 0.50% of applicable NAV. For redemption/switch out of units after 30 days from the date of allotment: Nil. **Exit Load is NIL for units issued in Dividend Reinvestment. |
Aditya Birla Sun Life Corporate Fund
| Description | Debt scheme investing predominantly in a portfolio comprising of corporate debt securities with 80% investment in highest rated corporate bonds (AA+ & above). |
| Objective | Generate optimal returns with high liquidity through active management of the portfolio by investing in High Quality Debt and Money Market Instruments. |
| Date of Allotment | March 3, 1997 |
| Benchmark | CRISIL Short term Bond Fund |
| Type of Scheme | Open ended debt scheme predominantly investing in AA+ and above rated corporate bonds |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Aditya Birla Sun Life Short Term Opportunities Fund
| Description | Open-ended short-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1-3 years |
| Objective | Generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities. |
| Date of Allotment | April 1, 2017 |
| Benchmark | CRISIL Short term Bond Fund |
| Type of Scheme | Open-ended short-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1-3 years |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | In respect of each purchase / switch-in of Units, up to 15% of the units may be redeemed switched out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 90 days from the date of allotment: 0.50% of applicable NAV. For redemption / switch out of units after 90 days from the date of allotment: Nil. (w.e.f June 15, 2017) |
Aditya Birla Sun Life Banking & PSU Debt Fund
| Description | Open-ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. |
| Objective | Generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India. |
| Date of Allotment | April 19, 2002 |
| Benchmark | CRISIL Short term Bond Fund |
| Type of Scheme | Open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | NIL |
Aditya Birla Sun Life Medium Term Plan
| Description | Open-ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3-4 years |
| Objective | Generate regular income and capital appreciation by predominantly investing in a portfolio of debt securities with medium term maturity. |
| Date of Allotment | March 25, 2009 |
| Benchmark | CRISIL Composite AA Short Term Bond Index |
| Type of Scheme | Open-ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolios between 3-4 years |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switched out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 365 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 365 days from the date of allotment: Nil. (w.e.f October 10, 2016.) |
Aditya Birla Sun Life Credit Risk Fund
| Description | Open-ended debt scheme predominantly investing in AA and below rated corporate bonds |
| Objective | Generate returns by predominantly investing in a portfolio of corporate debt securities across the credit spectrum within the investment grade. |
| Date of Allotment | April 17, 2009 |
| Benchmark | CRISIL Composite AA Short Term Bond Index |
| Type of Scheme | Open-ended debt scheme predominantly investing in AA and below rated corporate bonds |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | In respect of each purchase / switch-in of Units, up to 15% of the units may be redeemed / switched out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 365 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 365 days from the date of allotment: Nil. (w.e.f October 10, 2016.) |
Aditya Birla Sun Life Dynamic Bond Fund
| Description | Open-ended income scheme to deliver sustainable returns over a longer period –both income and capital appreciation |
| Objective | Generate optimal returns with high liquidity through active management of the portfolio by investing in Debt and Money Market Instruments. |
| Date of Allotment | April 1, 2017 |
| Benchmark | CRISIL Short Term Bond Index |
| Type of Scheme | Open ended dynamic debt scheme investing across duration |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | In respect of each purchase / switch-in of Units, up to 15% of the units may be redeemed / switched out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 90 days from the date of allotment: 0.50% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: Nil (w.e.f October 10, 2016) |
Aditya Birla Sun Life Income Fund
| Description | Open-ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4-7 years |
| Objective | Generate consistent income through superior yields on its investments at moderate levels of risk through a diversified investment approach. This income may be complemented by price changes of instruments in the portfolio. |
| Date of Allotment | October 21, 1995 |
| Benchmark | CRISIL Composite Bond Fund Index |
| Type of Scheme | Open-ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4-7 years |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Aditya Birla Sun Life Government Securities Fund
| Description | Open-ended debt scheme investing in government securities across maturity |
| Objective | Generate income and capital appreciation through investments exclusively in Government Securities. |
| Date of Allotment | April 1, 2017 |
| Benchmark | I-Sec LI-BEX |
| Type of Scheme | Open ended debt scheme investing in government securities across maturity |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption /switch out of units within 90 days from the date of allotment: 0.50% of applicable NAV. For redemption /switch-out of units after 90 days from the date of allotment: Nil. |
Aditya Birla Sun Life Active Debt Multi Manager FoF Scheme
| Description | Open-ended Fund-of-funds Scheme that invests in debt funds having diverse investment styles. These funds are selected using the ABSLAMC process. It is actively managed to capture duration and credit opportunities. |
| Objective | Generate returns from a portfolio of pure debt-oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the ABSLAMC process. |
| Date of Allotment | December 29, 2006 |
| Benchmark | CRISIL Composite Bond Fund Index |
| Type of Scheme | Open-ended fund of funds scheme investing in dynamically managed portfolio of debt funds |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption / switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Financial Planning FoF – Conservative Plan
| Description | Open-ended Fund-of-funds Scheme following the financial planning discipline with exposure to equity, debt and gold funds. It is suitable for investors with conservative risk profile. |
| Objective | Generate returns by investing in mutual fund schemes selected in accordance with the ABSLAMC process, as per the risk return |
| Date of Allotment | May9, 2011 |
| Benchmark | CRISIL Short Term Debt Hybrid 75+25 Fund Index |
| Type of Scheme | Open ended fund of funds scheme investing in a portfolio of mutual fund schemes (predominantly in Liquid/ Money Market Funds and Debt Funds) |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption /switchout of units within and including 1 year from the date of allotment: 1% of applicable NAV. For redemption/ switch-out of units after 1 year from the date of allotment: Nil |
Aditya Birla Sun Life Financial Planning FoF – Prudent Plan
| Description | Open ended Fund-of-funds Scheme following the financial planning discipline with exposure to equity, debt and gold funds |
| Objective | Generate returns by investing in mutual fund schemes selected in accordance with the ABSLAMC process, as per the risk return profile of investors |
| Date of Allotment | May 9, 2011 |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Type of Scheme | Open-ended fund of funds scheme investing in a portfolio of mutual fund schemes (predominantly in a combination of Equity Funds, Liquid/Money Market Funds and Debt Funds) |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption / switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Regular Income Solutions
This type of Mutual Fund aims at investing your money to provide regular income and tax savings as compared to FDs and bank accounts. This is suited to investors who would like to have alternative modes of income either at present or after retirement with low risk.
Aditya Birla Sun Life Regular Savings Fund
| Description | Open-ended hybrid scheme that invests in a mix of equity, debt and money market instruments. |
| Objective | Generate regular income to make monthly payments or distribution to unit holders, with the secondary objective being growth of capital. |
| Date of Allotment | May 22, 2004 |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index |
| Type of Scheme | Open-ended hybrid scheme investing predominantly in debt instruments |
| Minimum Investment | Rs. 500 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switched out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 365 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 365 days from the date of allotment: Nil. (w.e.f October 10, 2016) |
Tax Planning Solutions
This type of fund mainly provides tax benefits under section 80C and provides long term capital growth through equity investments.
Aditya Birla Sun Life Relief’96 (U/S 80C)
| Description | Open-ended ELSS that provides an opportunity to save tax while growing your money through equity investments |
| Objective | Long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities. |
| Date of Allotment | March 29, 1996 |
| Benchmark | S&P BSE 200 TRI |
| Type of Scheme | Open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit |
| Minimum Investment | Rs. 500 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Aditya Birla Sun Life Tax Plan (U/S 80C)
| Description | Open-ended ELSS scheme that saves tax while growing your money through equity investments |
| Objective | Long term growth of capital with income tax relief for investment |
| Date of Allotment | February 16, 1999 |
| Benchmark | S&P BSE 200 TRI |
| Type of Scheme | Open-ended ELSS Scheme with a lock – in of 3 years from the date of allotment. |
| Minimum Investment | NA as it does not accept fresh subscriptions/switch in |
| Entry Load | Nil |
| Exit Load | Nil |
Wealth Solutions
This type of fund aims at generating tax efficiency growth of the capital investment through equity over a longer term. The fund is aimed at those who are planning for future expenses. This is available from aggressive to conservative options to suit the needs of the varied investor.
Aditya Birla Sun Life Equity Savings Fund
| Description | Hybrid fund that uses a unique combination of equity derivative strategies, arbitrage opportunities, pure equity investments, debt & money market instruments which together intends to deliver tax efficient capital growth and stable income with low volatility. |
| Objective | Provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategies, arbitrage opportunities and pure equity investments. |
| Date of Allotment | November 28, 2014 |
| Benchmark | 30% S&P BSE 200 TRI + 30% Crisil Short Term Bond Fund Index + 40% Nifty 50 Arbitrage Index |
| Type of Scheme | Open-ended scheme investing in equity, arbitrage and debt |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed /switched out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption /switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Balanced Advantage Fund
| Description | Open-ended dynamic asset allocation scheme which dynamically balances the portfolio between Equity and Fixed income securities based on market valuations to generate long term wealth at a relatively low volatility |
| Objective | Generate long term growth of capital and income distribution with relatively lower volatility by investing in a dynamically balanced portfolio of Equity & Equity linked investments and fixed-income securities. |
| Date of Allotment | April 25, 2000 |
| Benchmark | CRISIL Hybrid 50+50 – Moderate Index |
| Type of Scheme | Open-ended dynamic asset allocation fund |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switched out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 365 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Equity Hybrid ‘95 Fund
| Description | Open-ended hybrid scheme investing predominantly in equity and equity related instruments |
| Objective | Generate long term growth of capital current income, through a portfolio investing in equity, debt and money market securities. The secondary objective is income generation and distribution of dividend. |
| Date of Allotment | February 10, 1995 |
| Benchmark | CRISIL Hybrid 35+65 – Aggressive Index |
| Type of Scheme | Open-ended hybrid scheme investing predominantly in equity and equity related instruments |
| Minimum Investment | Rs. 500 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switched out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 365 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Index Fund
| Description | Open-ended scheme that is designed to mirror the market performance of the 50 companies in the NSE Nifty 50 index |
| Objective | Generate returns that are commensurate with the performance of the Nifty, subject to tracking errors |
| Date of Allotment | September 18, 2002 |
| Benchmark | Nifty 50 TRI |
| Type of Scheme | Open-ended scheme tracking Nifty 50 Index |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Aditya Birla Sun Life Frontline Equity Fund
| Description | Open-ended equity scheme predominantly investing in large cap stocks |
| Objective | Generate long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and/ or sectors as its chosen benchmark index, Nifty 50 |
| Date of Allotment | August 30, 2002 |
| Benchmark | Nifty 50 TRI |
| Type of Scheme | Open-ended equity scheme predominantly investing in large cap stocks |
| Minimum Investment | Rs. 500 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Focused Equity Fund
| Description | Open-ended equity scheme investing in a maximum of 30 stocks focusing on Top 100 companies (large caps) as measured by full market capitalisation. |
| Objective | Generate long-term capital appreciation by investing in upto 30 companies with long term sustainable competitive advantage and growth potential. |
| Date of Allotment | October 24, 2005 |
| Benchmark | Nifty 50 TRI |
| Type of Scheme | Open ended equity scheme investing in maximum 30 stocks |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Equity Fund
| Description | Diversified equity scheme that looks for opportunities without any sectoral or market cap bias with the aim to provide long-term capital appreciation. |
| Objective | Generate long-term growth of capital, through a portfolio with a target allocation of 90% equity and 10% debt and money market securities. |
| Date of Allotment | August 27, 1998 |
| Benchmark | S&P BSE 200 TRI |
| Type of Scheme | Open ended equity scheme investing across large cap, mid cap, small cap stocks |
| Minimum Investment | Rs. 500 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Equity Advantage Fund
| Description | Open-ended equity scheme investing in both large cap and mid cap stocks |
| Objective | Provide long-term growth of capital, at relatively moderate levels of risk through a diversified research based investment in Large & Midcap companies. |
| Date of Allotment | February 24, 1995 |
| Benchmark | S&P BSE 200 TRI |
| Type of Scheme | Open-ended equity scheme investing in both large cap and mid cap stocks |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life MNC Fund
| Description | Thematic fund that invests in securities of multinational companies in order to achieve long-term growth of capital. |
| Objective | Achieve long-term growth of capital at relatively moderate levels of risk by making investments in securities of multinational companies through a research based investment approach. |
| Date of Allotment | December 27, 1999 |
| Benchmark | Nifty MNC TRI |
| Type of Scheme | Open ended equity scheme following the MNC theme in its investments |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Midcap Fund
| Description | Open-ended equity scheme that aims to generate capital appreciation by predominantly investing in equity & equity related securities of midcap companies |
| Objective | Long-term growth of capital at controlled level of risk by investing primarily in ‘Mid-Cap’ Stocks |
| Date of Allotment | October 3, 2002 |
| Benchmark | Nifty Midcap 100 TRI |
| Type of Scheme | Open ended equity scheme predominantly investing in mid cap stocks |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Small Cap Fund
| Description | Open-ended equity scheme that aims to generate capital appreciation by predominantly investing in equity & equity related securities of small-cap companies. |
| Objective | Generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities of Small cap companies. |
| Date of Allotment | May 31, 2007 |
| Benchmark | Nifty Small Cap 100 TRI |
| Type of Scheme | Open ended equity scheme predominantly investing in small cap stocks |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Pure Value Fund
| Description | Open-ended diversified equity scheme that follows value investing strategy to generate consistent long-term capital appreciation |
| Objective | Generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy. |
| Date of Allotment | March 27, 2008 |
| Benchmark | S&P BSE Enhanced Index Value |
| Type of Scheme | Open ended equity scheme following a value investment strategy |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Manufacturing Equity Fund
| Description | India’s first manufacturing oriented equity scheme, geared to benefit from Indian economy’s next big leap - Resurgence of the Indian manufacturing sector. |
| Objective | Generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in Manufacturing activity |
| Date of Allotment | January 31, 2015 |
| Benchmark | S&P BSE 500 TRI |
| Type of Scheme | Open ended equity scheme following in a manufacturing theme |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Banking and Financial services Fund
| Description | Open-ended equity scheme that concentrates on the companies engaged in banking & financial services businesses with a growth oriented investment style |
| Objective | Generate long-term capital appreciation to unitholders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. |
| Date of Allotment | December 14, 2013 |
| Benchmark | Nifty Financial services TRI |
| Type of Scheme | Open ended equity scheme investing in the Banking & Financial services sectors |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Dividend Yield Fund
| Description | Invests in high dividend paying companies across market cap which typically have steady cash flow generation |
| Objective | Provide capital growth and income by investing primarily in a well-diversified portfolio of dividend paying companies that have a relatively high dividend yield. |
| Date of Allotment | February 26,2003 |
| Benchmark | Nifty Dividend Opportunities 50 Index |
| Type of Scheme | Open ended equity scheme investing in dividend yielding stocks |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switchedout without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 365 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Infrastructure Fund
| Description | Open-ended equity scheme that seeks to participate in growth and development of infrastructure in India by investing in equity & equity related securities of companies in the infrastructure sector. |
| Objective | Provide medium to long-term capital appreciation, by investing predominantly in a diversified portfolio of equity and equity related securities of companies that are participating in the growth and development of Infrastructure in India. |
| Date of Allotment | March 17, 2006 |
| Benchmark | Nifty Infrastructure TRI |
| Type of Scheme | Open ended equity scheme investing in infrastructure sector |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life Digital India Fund
| Description | A thematic fund that invests in companies from the technology, internet, telecommunication and media & entertainment sectors. |
| Objective | Generate long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. |
| Date of Allotment | January 15, 2000 |
| Benchmark | S&P BSE Tech TRI |
| Type of Scheme | Open ended equity scheme investing in the Technology, Telecom, Media, Entertainment and other related ancillary sectors |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life India GenNext Fund
| Description | Open-ended equity scheme that strives to benefit from the rising consumption pattern in India fuelled by high disposable incomes of the young generation (Gennext) |
| Objective | Growth of capital by investing in equity/ equity related instruments of companies that are expected to benefit from the rising consumption patterns in India, which in turn is getting fuelled by high disposable incomes of the young generation |
| Date of Allotment | August 5, 2005 |
| Benchmark | S&P BSE 500 TRI |
| Type of Scheme | Open-ended equity scheme following consumption theme |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life International Equity Fund – Plan A
| Description | Provides an opportunity to grow your money by investing in world class companies across the globe. |
| Objective | Generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the international markets |
| Date of Allotment | October 31, 2007 |
| Benchmark | S&P Global 1200 |
| Type of Scheme | Open-ended equity scheme following international theme by investing predominantly in Global Equities |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil |
Aditya Birla Sun Life International Equity Fund – Plan B
| Description | Provides an opportunity to grow your money by investing in world class companies across the globe, with at least 65% exposure to domestic markets. |
| Objective | Generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the domestic and international markets. |
| Date of Allotment | October 31, 2007 |
| Benchmark | Customised Index † † A customized benchmark created using S&P BSE 200 to the extent of 65% of portfolio and S&P Global 1200 to the extent of 35% of portfolio. |
| Type of Scheme | Open ended equity scheme following international theme by investing predominantly in Global Equities and Indian Equities |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 1% if redeemed / switched out within 365 days from the date of allotment. Nil if redeemed / switched after 365 days from the date of allotment. **Exit Load is NIL for units issued in Dividend Reinvestment. |
Aditya Birla Sun Life Commodities Equity Fund – Global Agri Plan (GAP)
| Description | Provides exposure to commodities, by investing in handpicked commodity companies worldwide, that have business exposure to Agricultural commodities. |
| Objective | Long term growth of capital, by investing in (1) stocks of Agri commodity companies, i.e., companies engaged in or focusing on the Agri business and/or (2) overseas mutual fund scheme(s) that have similar investment objectives. |
| Date of Allotment | November 7, 2008 |
| Benchmark | S&P Global Agribusiness Index |
| Type of Scheme | Open ended equity scheme following the global agriculture theme |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 1% if redeemed / switched out within 365 days from the date of allotment. Nil if redeemed / switched after 365 days from the date of allotment. **Exit Load is NIL for units issued in Dividend Reinvestment. |
Aditya Birla Sun Life Global Commodities Fund
| Description | Open-ended fund-of-funds Scheme that invests in global funds that primarily invest in commodity securities. It aims to provide long term capital growth. |
| Objective | Achieve long-term capital growth by investing primarily in units of global mutual funds which invest in commodity related securities. |
| Date of Allotment | September 17, 2008 |
| Benchmark | 40% Dow Jones World Basic Materials Index + 40% Dow Jones World Oil and Gas Index + 20% MSCI AC World in INR terms |
| Type of Scheme | Open-ended fund of funds scheme investing primarily in units of global mutual funds which invest in commodity related securities |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units on or before 365 days from the date of allotment: 1% of applicable NAV. For redemption/switch-out of units after 365 days from the date of allotment: Nil **Exit Load is NIL for units issued in Dividend Reinvestment. |
Aditya Birla Sun Life Global Real Estate Fund
| Description | Open-ended fund-of-funds Scheme that predominantly invests in “ING (L) Invest Global Real Estate Fund”, a global real estate fund that has flexibility to invest in real estate securities across the world. |
| Objective | Capital appreciation by investing predominantly in ING (L) Invest Global Real Estate. |
| Date of Allotment | June 30, 2018 |
| Benchmark | 10/40 GPR 250 Global Net Index |
| Type of Scheme | Open-ended fund of funds scheme investing predominantly in Global mutual funds that invest in real estate securities |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units on or before 365 days from the date of allotment: 1% of applicable NAV. For redemption/switch-out of units after 365 days from the date of allotment: Nil **Exit Load is NIL for units Issued in Dividend Reinvestment. |
Aditya Birla Sun Life Gold Fund
| Description | Open-ended Fund of Funds scheme that predominantly invests in units of Aditya Birla Sun Life Gold ETF (underlying scheme) and one doesn’t require a Demat Account to invest in it. |
| Objective | Provide returns that tracks returns provided by Aditya Birla Sun Life Gold ETF (BSL Gold ETF). |
| Date of Allotment | March 20,2012 |
| Benchmark | Domestic price of physical gold |
| Type of Scheme | Open ended Fund of Funds Schemes |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 365 from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil **Exit Load is NIL for units issued in Dividend Reinvestment. |
Aditya Birla Sun Life Asset Allocator Multi Manager FoF scheme
| Description | Open-ended fund-of-funds Scheme that invests in equity and debt funds having diverse investment styles. These funds are selected using the ABSLAMC process. |
| Objective | Generate capital appreciation primarily from a portfolio of equity and debt funds accessed through the diversified investment styles of underlying schemes selected in accordance with the ABSLAMC process |
| Date of Allotment | August 17, 2006 |
| Benchmark | CRISIL Hybrid 50+50 - Moderate Index |
| Type of Scheme | Open ended fund of funds scheme investing predominantly in equity funds, debt funds & liquid funds |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | If redeemed on or before 365 days from the date of allotment: 1%. If redeemed after 365 days from the date of allotment: NIL **Exit Load is NIL for units issued in Dividend Reinvestment. |
Aditya Birla Sun Life Financial Planning FoF – Aggressive Plan
| Description | Open-ended fund-of-funds Scheme following the financial planning discipline with exposure to equity, debt and gold funds. |
| Objective | Generate returns by investing in mutual fund schemes selected in accordance with the ABSLAMC process, as per the risk return profile of investors. |
| Date of Allotment | May 9, 2011 |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index |
| Type of Scheme | Open ended funds scheme investing in a portfolio of mutual fund schemes (predominantly in Equity Funds) |
| Minimum Investment | Rs. 1000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | If redeemed on or before 365 days from the date of allotment: 1%. If redeemed after 365 days from the date of allotment: NIL **Exit Load is NIL for units issued in Dividend Reinvestment. |
Documents required for investing in Aditya Birla Sun Life Mutual Fund
- Application form
- PAN Card
- Address Proof – Driving Licence, Passport, Voters ID, Ration Card, Registered Leave/Sale of Agreement Residence, Latest Bank Account Statement/passbook, Latest Electricity/Gas Bill
- KYC Form
- Cheque or DD to make the payment
How to invest in Birla Sun Life Mutual Fund?
There are many ways to transact with Aditya Birla Sun Life Mutual Fund.
- Mobile App – You can download the Aditya Birla Sun Life Mutual Fund app on your phone. With your email ID and an OTP, PAN and DOB, Profile details and Bank details, you can start transacting with the Mutual Fund.
- Active Account App – The app can be downloaded either on your phone or tablet or with simple steps to set up your account, you can start investing your money in the desired fund. You can invest as low as Rs. 1000.
- As a first-time investor, you can decide which scheme to invest in. Download the application form from the website or by contacting a branch office. Submit the completed form along with a copy of PAN, address proof and cheque/DD at any of the official acceptance counters. If you are investing more than Rs. 50,000, your KYC form also needs to be completed.
- As an existing investor, you can simply invest online. To activate the online account, your email ID needs to be registered and an online banking account is required to make the investments and other transactions.
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