Mutual Fund is a type of investment fund that is managed by professionals and is used to pool money from investors to purchase securities. They offer advantages such as the economics of scalability, diversification, liquidity and many more. One of the top mutual funds in the business is the Aditya Birla Mutual Fund.
Aditya Birla Sun Life Mutual Fund is a Canada-based financial service organization dealing in mutual funds for the last 25 years. It is one of the largest fund houses in India, today.
Overview of Aditya Birla Mutual Fund
Aditya Birla Mutual Fund is also familiar to people as Aditya Birla Sun Life Mutual Fund. It is a joint partnership between the Aditya Birla Group and the Sun Life Financial Incorporation of Canada. It was established in 1994 and has total domestic assets under maintenance of INR 2540 Billion. Aditya Birla Mutual Fund has a wide range of products to offer such as equity, debt, balanced as well as structured assets and sound investment performance to over 7 million beneficiaries. It has a pan-India presence in over 300 locations helping it to penetrate the mutual fund more and more. It is constantly evolving itself to reach an even wider market of investors and advisors through digitization and by offering smart solutions and customizations for simplifying mutual fund processes.
Aditya Birla Mutual Fund currently has around 31 mutual fund schemes in operation.
There are mainly four types of funds that Aditya Birla deals in, namely, equity, debt, income and ELSS funds. The group takes full responsibility in ensuring a transparent and user-friendly experience to the investors when it comes to mutual funds.
Different schemes offered by Aditya Birla Mutual Fund
As mentioned above, around 31 mutual fund schemes are offered by the Aditya Birla Mutual Fund. Mentioned below are some of the top schemes that are popular among the investors.
Aditya Birla Sun Life Dividend Yield Growth Direct Plan
This is one of the top-performing mutual funds in the group. It has around 88.85% investment in Indian stocks. The salient features of the fund are:
- It provides the growth of capital and income.
- It has a NAV of Rs.178.59.
- In terms of performance, this mutual funds scheme has a high turnover ratio of 77.73%.
The return upon investment on Rs. 10,000 for 10 years is Rs. 23,727.70.
Aditya Birla Sun Life International Equity Fund Plan B Growth Direct Plan
This mutual fund scheme offered by Aditya Birla ranks is one of the most popular schemes available in the market. The fund has around 67.46% investment in the Indian stock market. Some of its key features are:
- The goal is to generate long term growth of capital.
- Its NAV is Rs. 20.36.
- The turnover ratio is 34.83% which is low meaning your investment is secured from market fluctuations.
The return upon investment of Rs. 10,000 for 5 years is Rs. 14206.40.
Aditya Birla Sun Life Gold Fund Growth Direct Plan
This is another mutual fund scheme offered by the Aditya Birla group. It has a fund size of around Rs. 75.77 crores. The salient features are:
- The objective of this plan is to track returns.
- The turnover ratio of the fund is just 4.20%.
- NAV of the plan is Rs.12.78.
The return provided is Rs. 13679.40 on Rs. 10000 for 5 years.
Aditya Birla Sun Life Financial Planning FOF Prudent Plan Direct Plan Growth Option
It is one of the top-performing MFs in the Aditya Birla group. The cumulative fund size of it is Rs. 13.79 crores. The key things to note are:
- The main goal of the scheme is to generate returns based on the investment by the investors in the scheme.
- The NAV is Rs. 21.93.
- The turnover ratio is 166.67% which denotes it is suited for high-risk taking investors.
The return provided upon investment is Rs. 14509.20 on Rs. 10000 for a period of 5 years.
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan-Growth Option
This is another scheme under the Aditya Birla MF. It has around 69% investment in the Indian market. The takeaway points in the scheme are:
- You can invest in a dynamic portfolio of equity and equity-related investments.
- The turnover ratio is 429.32%.
- The NAV is Rs. 60.36.
You can choose this plan as the return provided on Rs. 10,000 for a period of 5 years is Rs. 15,905.10.
Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth
With a fund size of around Rs. 705 crores and around 76.39% investment in the Indian MF market, it is one of the most popular plans offered by Aditya Birla Mutual Fund. The key points to note before investing in this plan are:
- The NAV is Rs. 15.03.
- The turnover ratio is 457.09
- The primary objective is to provide capital appreciation.
The return you get on your minimum investment is Rs. 14,649.10 for a 5 year period.
Aditya Birla Sun Life Asset Allocator Multi Manager FoF Scheme Direct Plan Growth Option
The fund size of this mutual fund scheme is around Rs. 6 crores. People investing in this type of mutual fund should know these points. They are:
- The NAV of this MF is Rs. 15.43
- The turnover ratio is moderately high at 139.37%.
- It provides the largest benefit of compounding.
This one is among the top performers in the MF. The return upon Rs. 10,000 is Rs. 14,824.50 for a 5-year term.
Aditya Birla Sun Life Equity Hybrid ’95 Fund Growth Direct Plan
The investment of this fund in the Indian market is around 77%. Although the plan is a little less performing, it is in high demand. Some of the salient features that the investors need to note are:
- The NAV is Rs. 834.02.
- The turnover ratio is 81.35% which is moderate.
- The main objective of the scheme is to provide long term growth of investment and income.
The return on Rs. 10,000 is Rs. 28,328.70 for a decade which makes it a top performer.
The returns on investment vary upon investment value. Generally, the minimum is Rs. 10,000; however, a higher sum can be invested based on which the returns change accordingly.
