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Aditya Birla Sun Life vs Mirae Asset Mutual Fund: Which Mutual Fund House is Better for You?
Last Updated: 5th December 2025 - 06:01 pm
Aditya Birla Sun Life Mutual Fund and Mirae Asset Mutual Fund are two prominent names in India’s mutual funds industry. Aditya Birla Sun Life AMC leverages the legacy of the Aditya Birla Group combined with global Sun Life Financial expertise, offering a wide range of schemes across equity, debt, hybrid and tax-saving funds. As per data, its total AUM is ₹4,28,066 crore (September 2025). On the other hand, Mirae Asset Mutual Fund is a global-backed asset manager with growing presence in India, known for its innovative products including flexi-cap funds, thematic funds and asset-allocation solutions. As of 30 June 2025 its AUM was ~₹2,02,662 crore. In today’s investor landscape, many ask: Is Aditya Birla Sun Life Mutual Fund good? or Which Mirae Asset Mutual Fund fund is best for SIP? This article helps compare the two fund houses to decide which might suit your investment goals.
About the AMC
| Aditya Birla Sun Life Mutual Fund | Mirae Asset Mutual Fund |
|---|---|
| Backed by the Aditya Birla Group and Sun Life Financial, this fund house offers active and passive investment schemes across equity, debt, hybrid and tax-saving categories. AUM ~₹4.28 lakh crore (as of September 2025). Known for offering “Best Aditya Birla Sun Life equity funds 2025”, tax-saving ELSS, and hybrid/debt solutions. Offers “Open SIP with Aditya Birla Sun Life Mutual Fund” digitally. Broad product suite: large-cap, mid-cap, multi-cap, ELSS, debt, liquid, hybrid. Strong research and distribution. |
Mirae Asset Mutual Fund is part of the global Mirae Asset group. In India, it offers flexi-cap, asset allocation, thematic and index funds. AUM ~₹2.02 lakh crore as of June 2025. Known for innovation: thematic funds, multi-asset offerings, “Best Mirae Asset equity funds for long-term”. Also allows “Buy Mirae Asset Mutual Fund online” via numerous platforms. Offers equity, debt, hybrid, multi-asset, thematic and index funds. Emerging investor base; focused on growth and modern themes. |
Fund Categories Offered
Here’s a concise overview of fund categories at both AMCs:
- Equity Funds – large-cap, mid-cap, multi-cap, flexi-cap, sectoral/thematic equity portfolios.
- Debt Funds – liquid funds, ultra-short duration, corporate bond funds, gilt funds.
- Hybrid Funds – balanced advantage funds, aggressive hybrid (equity-heavy), conservative hybrid (debt-heavy).
- ELSS (Equity-Linked Savings Scheme) – tax-saving mutual funds under Section 80C, lock-in 3 years.
- SIP Options & Digital Access – you can open SIP with Aditya Birla Sun Life Mutual Fund or open SIP with Mirae Asset Mutual Fund starting as little as SIP ₹500 per month.
- Index Funds & ETFs – passive fund options increasingly offered.
- Portfolio Management / Solution Orientation – both houses also provide advanced solutions beyond standard schemes for investors seeking more tailored investment strategies.
Top Funds – by Each AMC
Here are ten notable schemes (existing ones) from each fund house. Always check the latest factsheet and performance before investing.
Unique Strengths of Each AMC
Aditya Birla Sun Life Mutual Fund Strengths
- Extensive product range: It covers the growth spectrum from equity to debt to hybrid and tax-saving ELSS.
- Balanced risk spectrum: From conservative debt/liquid funds to aggressive small-cap equity, this fund house supports varied risk preferences.
- Track record & continuity: With sizeable AUM and established presence, it appeals to investors who prefer reliability and scale.
Mirae Asset Mutual Fund Strengths
- Growth-oriented equity strategies: It offers flexi-cap and mid/small-cap solutions appealing to higher-risk investors seeking higher returns over long investment horizon.
- Focus on young, digital savvy investor base: With modern product design, Mirae Asset appeals to the generation that is comfortable with digital platforms and newer investment themes.
- Global backing & credibility: Being part of the global Mirae Asset group, it also benefits from international investment insights and research.
Who Should Invest?
If you are choosing between these two fund houses, think of your investment style and horizon:
Choose Aditya Birla Sun Life Mutual Fund if you:
- Prefer a well-rounded fund house offering equity, debt, hybrid and tax-saving options under one roof.
- Value a large brand, consistent structure and want a stable platform for SIP and long-term investing.
- Aim for moderate risk, balanced portfolios and want both growth and stability in your investments.
Choose Mirae Asset Mutual Fund if you:
- Have a higher risk appetite, long investment horizon (10+ years) and are comfortable with equity/thematic/flexi-cap strategies.
- Want to explore newer investment ideas, theme-based funds, and are asking “which Mirae Asset fund is best for SIP?” for higher growth.
- Are comfortable with volatility in pursuit of higher return potential and want a relatively newer brand’s growth story.
Conclusion
Both Aditya Birla Sun Life AMC and Mirae Asset AMC are strong players in the Indian mutual fund industry with unique strengths. Aditya Birla Sun Life Mutual Fund is ideal for investors seeking reliability, broad product suite and balanced risk-return profile. Mirae Asset Mutual Fund, meanwhile, is suited for growth-oriented investors wanting innovation, thematic focus and higher growth potential. Ultimately, the “better” fund house depends on your investment goal, risk tolerance and time horizon.
Frequently Asked Questions
Which is better – Aditya Birla Sun Life Mutual Fund or Mirae Asset Mutual Fund for SIP?
Can I invest in both Aditya Birla Sun Life and Mirae Asset Mutual Funds?
Which is better for tax-saving investments?
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