Aditya Birla Mutual Fund – Review, Fund managers, Investment Process, Fees & more

This article contains all the information about Aditya Birla Mutual Fund AMC, the reasons why people should invest in it, ways in which they can invest & more.

It gives all the basic and necessary information to new customers who are also willing to invest in this scheme. 

Aditya Birla group is a multinational company based in Mumbai, India. The company started with a small interest now has a variety of businesses ranging from metals, carbon black, fertilizers, chemicals, financial services, telecom, and apparel. 

Also, the company has a wide distribution in 34 countries and has more than 120,000 employees. 

The company started under Aditya Birla and soon grew to become one of the largest multinational companies in the country.

The mutual venture also works towards ensuring that the entire mutual and management process remains straightforward without any hidden issues and glitches. 

This would make it a better platform for investors as well as channel partners to be active participants. 

Besides, the portfolio of financial products and services offered include sector-specific equity options, fund of fund schemes, hybrid income funds, and treasury and debt products.

About Aditya Birla Mutual Fund 

The incorporation date of Aditya Birla Mutual Fund is 5th September 1994 and the setup date of it is 23rd December 1994.

The chairman of Aditya Birla Mutual Fund is Mr. Kumar Mangalam Birla and the CEO is Mr. A. Balasubramanian. Ms. Hemanti Wadhwa is the compliance officer and Ms. Keerti Gupta is the investor Service Officer. 

Besides, the assets we see as of 30th June 2020 was Rs. 214591.96 crore. Also, this is actually a joint company that has co-sponsorship from Aditya Birla Capital Limited and Sun Life AMC Investments.

Earlier, the name of the company was “Birla Sun Life Asset Management Company Limited”. The headquarters are located in Mumbai. 

Aditya Birla Group is currently the third-largest business conglomerate in India. The gross revenue of the company happens to be around $41 billion. It also deals in four types of funds: equity funds, income funds, debt funds, and ELSS funds. 

Aditya Birla Sun Life Mutual Fund is a joint venture that offers mutual fund and asset management services. The assets of the company had crossed 2.5 Lakh crimes by 2019. 

They offer four classes of funds, namely, Equity funds, Income funds, Debt Funds, and ELSS funds. Now, they mainly aim at increasing the rate of mutual fund penetration in India. 

They have shown their presence all over the country in precisely 269 locations including both metropolitans and towns. 

It has been reviewed by experts that the performance of Aditya Birla Mutual Funds is one of the best that can be received. There are several schemes that fall under these.

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Why Invest in Aditya Birla Sunlife AMC?

The reasons as to why one should invest in Aditya Birla are given below.

• Aditya Birla AMC is one of the oldest equity funds and it is now close to INR 11 thousand crores. It is in fact the third largest equity scheme. This company invests in shares of small, medium, and large companies. 
• The mutual fund company has invested in around 25 to 30 percent in both small and mid-size companies.
• It is a diverse portfolio and holds 64 stocks according to the October-end portfolio. Aditya Birla AMC has a benchmark against the 500 total return index. 
• For long periods, it has done its best. The returns given by the company in the period of 7-year and 10-year is 16.59 percent and 10.75 percent. 

How to Invest with Aditya Birla Mutual Funds? 

Having a demat account is mandatory if you are planning to invest in mutual funds. After the approval of the Demat account, you can either use service providers to find out the investment options.

If you have decided on investing in Aditya Birla mutual funds, you should check the following. First-time investors who wish to invest in Aditya Birla Mutual Funds can follow these steps: 

1. Decide and choose the scheme that once wishes to invest in. 
2. The next step should be to fill an application form for the units that you have to purchase. You can either download the form from the website, a branch office, CAMS branch office, or you can request the customer care team. 
3. The application form should be along with the PAN card, address proof, and a cheque/demand draft. Investors who wish to invest more than 50,000 or more should follow the KYC norms. 

For existing investors, they have the provision of investing online itself. It is not only convenient but also the fastest way to invest. 

For activation of an online account, a registered email ID, and an online banking account from where the investments will be made is needed. 

Aditya Birla AMC – Fund Managers

Aditya Birla AMC was previously what we knew as Birla Sun Life Asset Management Company Limited. It is a joint venture company between the Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. 

The managing director and Chief Executive Officer of the company are Mr. A Balasubramanian. He has a rich experience of 28 years in the industry. 

The co-chief investment officers are Mr. Mahesh Patil who has experience of 27 years and Mr. Maneesh Dangi who has 20 years of experience. 

Ms. Keerti Gupta is the chief operating officer having a rich professional experience of 25 years. 

Aditya Birla Mutual Fund – Key Personnel

The head of Compliance, Risk, and Finance & Accounts is Mr. Parag Joglekar. The legal head of the Compliance and Secretarial Department is Ms. Hemanti Wadhwa. 

Ms. Molly Kapoor is the head of the marketing department and she has been working with the company since 2014. The co-head of Retail Sales is Mr. Bhavdeep Bhatt and he has 22 years of experience. 

How to do KYC Check for Aditya Birla Mutual Fund? 

Step 1: Investors who wish to invest in Aditya Birla Mutual Fund can submit a KYC form along with the necessary documents. It is as mentioned in the application form. 

Step 2: Aditya Birla Mutual Fund is a SEBI registered intermediary so they can easily process KYC applications. KYC Registration Agency should send a letter to the investor within 10 days (excluding holidays). 

Step 3: The letter should contain a receipt of KYC documents. This would act as a confirmation receipt.

Besides KYC, we advise all the intermediaries to carry out an in-person verification of all the new investors. 

The mutual fund can rely upon the in-person verification carried out by any SEBI registered intermediary.

After the KYC and in-person verification are complete, investors can start investing in any way they want to. 

Documents Required to Invest in HDFC AMC 

There are various documents that are required to invest in HDFC AMC. 

• The very important thing is the KYC. 
• Along with the KYC, identity and address proof should be attached. After this, an in-person verification is carried out. 
• In case any modification is required in KYC and Fund House Records, it should be changed at the beginning itself. 
• If there is an unclaimed dividend, the investor should reach out to the service team of that particular fund house. 
• The PAN should be updated from time to time because it has been made mandatory by the SEBI. 

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Aditya Birla Mutual Fund Fees or Charges 

Details on Aditya Birla AMC Fees

The NAV for Aditya Birla Sun Life Active Debt Multi Manager FoF Scheme-Growth-Direct Plan is INR29.94. For Aditya Birla Sun Life Arbitrage Fund – Growth-Direct Plan is INR21.5168. 

Now, for Aditya Birla Sun Life Asset Allocator Multi-Manager FoF Scheme-Growth-Direct Plan is INR18.1272.

For Aditya Birla Sun Life Asset Allocator Multi-Manager FoF Scheme-Growth-Direct Plan is INR12.55. 

Then, Aditya Birla Sun Life Balanced Advantage Fund-Growth-Direct Plan is INR68.38. As for Aditya Birla Sun Life Banking And Financial Services Fund-Growth – Direct Plan is INR33.29. 

Then, for Aditya Birla Sun Life Banking & PSU Debt-Growth-Direct Plan is INR289.2027. 

Besides, Aditya Birla Sun Life Commodity Equity Fund – Global Agri Plan-Growth- Direct Plan is INR15.98 and for Aditya Birla Sun Life Corporate Bond Fund – Growth – Direct Plan is INR86.315. 

Best Performing Aditya Birla Mutual Fund  

List of Top Performing Funds

The best performing Aditya Birla Mutual Fund is Aditya Birla Sun Life India GenNext Fund. It is suitable for investors having advanced knowledge of macro trends. 

Aditya Birla Sun Life Corporate Bond Fund is an open-ended debt scheme. Generally, AA+ firms invest in it.

Aditya Birla Sun Life Low Duration invests in bonds that have a maturity date between six months to a year. 

Then, Aditya Birla Sun Life Savings Fund that aims to generate a regular income from a portfolio of money market, Aditya Birla Sun Life Liquid Fund that comes under the class of debt and is under the liquid category.

Aditya Birla Sun Life Short Term Fund which is a debt scheme that has a short duration, Aditya Birla Sun Life Balanced Advantage Fund comes under hybrid class, Aditya Birla Sun Life Financial Planning FoF Conservative which invests in a portfolio of mutual fund schemes, Aditya Birla Sun Life Money Manager Fund which invests in money market instruments, and Aditya Birla Sun Life Tax Relief 96 that is saving scheme.

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Top 10 Aditya Birla AMC Funds

Top 10 Birla Sun Life Mutual Funds are

1. Aditya Birla Sun Life Active Debt Multi Manager FoF Scheme-Growth-Direct Plan which is a regular plan, 
2. Aditya Birla Sun Life Arbitrage Fund- Growth- Direct Plan whose return since launch is 7.33%, 
3. *Aditya Birla Sun Life Asset Allocator Multi-Manager FoF Scheme- Growth- Direct Plan that generates capital appreciation primarily from a portfolio of equity schemes, 
4. Aditya Birla Sun Life Bal Bhavishya Yojana- Growth- Direct Plan which is a hybrid mutual fund, 
5. Aditya Birla Sun Life Balanced Advantage Fund-Growth-Direct Plan that generates long term growth of capital, 
6. *Aditya Birla Sun Life Banking And Financial Services Fund – Growth-Direct Plan, 
7. Aditya Birla Sun Life Banking & PSU Debt-Growth – Direct Plan, 
8. Aditya Birla Sun Life Commodity Equity Fund-Global Agri Plan-Growth-Direct Plan, 
9. *Aditya Birla Sun Life Corporate Bond Fund- Growth- Direct Plan, and 
10. Aditya Birla Sun Life Credit Risk Fund- Growth- Direct Plan. 

Best Aditya Birla Sun Life AMC – Portfolio

Details of Birla Sub Life Mutual Funds Portfolio

One of these is Aditya Birla Sun Life Balanced Advantage Fund-growth- Direct Plan. 

There is also another plan as Aditya Birla Sun Life Banking & PSU Debt -Growth – Direct Plan. This plan would be quite helpful in taking reasonable loans to pay off debts. 

Aditya Birla Sun Life Corporation Bond Fund-Growth – Direct Plan can also be considered to be a benefit plan. 

Now, Aditya Birla Sun Life Digital India Fund – Growth – Direct Plan was brought in aimed at supporting digitalization of the country according to recent government schemes 

Aditya Birla Sun Life Dividend a Yield Fund – Growth -Direct Plan is another useful mutual fund plan. 

Another important plan is the Aditya Birla Sun Life Equity Advantage Fund – Growth – Direct Plan. Aditya Birla Sun Life Equity Fund – Growth – Direct Plan is a similar plan.

Aditya Birla Sun Life Equity Hybrid ’95 Fund – Growth – Direct Plan can also be a good consideration. Besides, Aditya Birla Sun Life Floating Rate Fund – Growth – Direct Plan also offers a good plan.

Aditya Birla Mutual Fund Schemes NAV

Details of Aditya Birla Mutual Fund NAV

Aditya Birla Sun Life Active Debt Multi Manager FoF Scheme – Growth – Direct Plan is a great plan in this case.

Aditya Birla Sun Life Arbitrage Fund – Growth – Direct Plan also offers good investment. Now, Aditya Birla Sun Life Asset Allocator Multi-Manager FoF Scheme – Growth – Direct Plan can also be a good choice. Aditya Birla Sun Life Arbitrage Fund – Growth – Direct Plan is another plan under this.

Aditya Birla Sun Life Asset Allocator Multi-Manager FoF Scheme – Growth – Direct Plan can be a great choice. Besides, Aditya Birla Sun Life Asset Allocator Multi-Manager FoF Scheme – Growth – Direct Plan offers really good incomes. 

Aditya Birla Sun Life Bal Bhavishya Yojana – Growth – Direct Plan is a great option to consider.

Another good option would be Aditya Birla Sun Life Balanced Advantage Fund – Growth – Direct Plan. Aditya Birla Sun Life Banking & PSU Debt – Growth – Direct Plan is a good option too. 

Also, Aditya Birla Sun Life Banking And Financial Services Fund – Growth – Direct Plan also offers the mutual fund a good net income.

Aditya Birla Sun Life Commodity Equity Fund – Global Agri Plan-Growth – Direct Plan can be good support for agricultural plans. Another choice could be Aditya Birla Sun Life Corporate Bond Fund – Growth – Direct Plan.

Aditya Birla AMC Customer Care Details 

For complaints or inquiries, people can call on 1-800-270-7000 / 1-800-22-7000 within India, and +91-22-66917777 outside India for any assistance. 

Aditya Birla Sun Life Mutual Fund – Important Links

Aditya Birla Mutual Fund AMC – Conclusion

There are various schemes under Aditya Birla Mutual Funds that benefit the investors. First-time investors need to go through all the important information.

It will help them to understand the scheme in a much better way and they can start investing without many obstacles. People who have been investing know how good Aditya Birla Mutual Funds is. 

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