Aditya Birla Sun Life Mutual Fund
Aditya Birla Sun Life Mutual Fund was founded jointly between ABCL and Sun Life AMC in 1994 and is the principal investment manager for the Aditya Birla Sun Life Mutual Fund. ABSLAMC, formerly known as Birla Sun Life Asset Management Company Limited, is a trusted company founded under the Indian Trust Act of 1882. In addition, Aditya Birla Sun Life mutual funds online has a variety of businesses, including portfolio management services, real estate investment, and alternative investment funds. Portfolio management services are customized to provide consistent, long-term results by adopting a research-based, systematic investment approach.
Top 10 Aditya Birla Sun Life Mutual Fund Schemes –
Fund Size (in Cr)
|Aditya Birla SL Digital India Fund – Direct (IDCW)||Equity||Very High||15.28||3||3,161|
|Aditya Birla SL Digital India Fund – Direct Growth||Equity||Very High||13.98||-||3,161|
|Aditya Birla SL CEF – Global Agri Plan-Direct Growth||Equity||Very High||26.83||-||18|
|Aditya Birla SL CEF-Global Agri Plan-Direct (IDCW)||Equity||Very High||26.83||-||18|
|Aditya Birla SL India GenNext Fund – Direct Growth||Equity||Very High||12.35||3||2,662|
|Aditya Birla SL Gold Fund – Direct (IDCW)||Other||High||3.99||-||271|
|Aditya Birla SL Gold Fund – Direct Growth||Other||High||3.99||3||271|
|Aditya Birla SL India GenNext Fund – Direct (IDCW)||Equity||Very High||12.33||4||2,662|
|Aditya Birla SL Midcap Fund – Direct Growth||Equity||Very High||17.25||1||3,445|
|Aditya Birla SL Dividend Yield Fund – Direct Growth||Equity||Very High||11.21||-||820|
Aditya Birla Capital Limited (ABCL) is the Aditya Birla Group’s financial services platform which has a strong presence in life insurance, wealth management, online personal finance management, private equity, home finance, structured finance, pension fund management, etc. Aditya Birla Sun Life mutual funds online strives to meet individual and corporate customers’ end-to-end financial services needs.
Aditya Birla Sun Life AMC Online in India offers investment trusts, portfolio management, offshore and real estate services. The company is almost debt-free and has an excellent track record of return on equity (ROE) of approximately 37.07% for three years (March 2021). The company maintains a strong dividend of 53.78%, and it has been reported that after-tax profits increased 27% to INR 186.2 billion in the three months to December 2021. In an IPO filing, the asset manager said that the company reported an after-tax profit of INR 146.8 billion in the same quarter of the previous fiscal year.
Gross revenue for the quarter increased from INR 321.91 billion a year ago to INR 353 billion. Aditya Birla Sun Life Mutual Fund is India’s fourth-largest wealth management company, with an average AUM of INR 2.98 billion per quarter. As of December 31, 2020, the company’s total assets under management came to Rs. 2,736.43 billion, including mutual funds (excluding domestic FoF), portfolio management services, offshore and real estate offerings.
As of December 31, 2020, the Aditya Birla Sun Life AMC Online in India managed 135 plans, including 35 equity, 93 debt and two cash schemes, 5 ETFs, and six domestic FoFs. And the institutional investors’ average monthly assets under management (MAAUM) is Rs. 1,412,43 billion as per CRISIL, which is ranked 4th among competitors.
The company has automated its operations, like customer onboarding, cash management, transactions, data analytics, online payments, other transactions, accounting, customer service, and other features. The company is one of India’s largest non-bank asset management companies and is undoubtedly a well-known and reliable brand with experienced promoters. It boasts a fast-growing customer base with a fully diversified product portfolio, modified, enhanced, and innovative plans and schemes.
Aditya Birla Sun Life AMC Ltd Key Information
|Also Known As||Birla Sun Life Asset Management Company Limited|
|Legal Name||Aditya Birla Sun Life AMC Ltd|
|Stock Symbol||NSE: ABSLAMC|
|Phone Number||1800 270 7000|
|Mutual Fund||Aditya Birla Sun Life Mutual Fund|
|Sponsor||Aditya Birla Capital Ltd. / Sun Life (India) AMC Investments Inc.|
|Trustee||Aditya Birla Sun Life Trustee Private Limited|
|Chairman||Mr Kumar Mangalam Birla|
|CEO / MD||Mr A. Balasubramanian|
|Compliance Officer||Ms Hemanti Wadhwa|
|Investor Service Officer||Ms Keerti Gupta|
|Assets Managed||INR 269278.03 crore (Mar-31-2021)|
|Auditors||Messrs Deloitte Haskins & Sells LLP – For Asset Management Company / S. R. Batliboi & Company – For Mutual Fund|
|Registrars||Computer Age Management Services Pvt. Ltd|
|Address||One India Bulls Centre, Tower 1, 17th Floor, Jupiter Mill, 841, S.B. Marg, Elphinstone Rd. Mum – 400 013|
|Company Promoters:||Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc.|
|Total Assets – 31-Mar-21||19,845.51(₹ in millions)|
|Total Revenue – 31-Mar-21||12,058.41 (₹ in millions)|
|Profit After Tax – 31-Mar-21||5,262.80 (₹ in millions)|
How to Invest in Aditya Birla Sun Life Mutual Funds on 5paisa?
You can invest in any ADITYA BIRLA SUN LIFE Mutual fund schemes via 5paisa App & Website.
You need to have an All-in-one account with 5paisa to start your mutual fund investments. If you do not have one, open an account today! Opening All-in-one account with 5paisa is simple and hassle-free
Below are the steps to invest in ADITYA BIRLA SUN LIFE Mutual Fund on 5paisa –
Step 1 – Login to 5paisa. If you do not have an account, you can register and create a new one right away.
Step 2 – Once logged in to your account, you can search for the preferred ADITYA BIRLA SUN LIFE Mutual fund scheme. Alternatively, you can view All Mutual Funds and choose ADITYA BIRLA SUN LIFE AMC from the filter.
Step 3 – Select the Best fund according to your criteria.
Step 4 – If you wish to invest a lumpsum amount, click on “One-Time”. Alternatively, you can start an SIP by clicking on “Start SIP”.
Step 5 – Once you have made the payment, you will see the investment status in your orderbook.
Your ADITYA BIRLA SUN LIFE Mutual Fund Investment with 5paisa is complete and you can enjoy the returns!
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Aditya Birla Sun Life AMC Ltd Mutual Fund – Top Managers
Mohit Sharma – Investment Team – Senior Fund Manager
Mohit Sharma is a Senior Fund Manager at Aditya Birla Sun Life Mutual Fund (ABSLAMC) with over 15 years of experience. Mohit has been part of ABSLAMC for the past 5 years. His previous experience includes Standard Chartered Bank, ICICI Bank, Irevna Limited (a subsidiary of CRISIL), and entrepreneurial experience. Mohit completed business administration at IIM Calcutta (2005) and engineering research at IIT Madras (2003).
Bhupesh Bameta – Investment Team – Fund Manager & Economist
Mr Bhupesh Bameta is a fund manager and an influential economist at Aditya Birla Sun Life Mutual Fund. He has 12 years of experience in the financial services industry and joined Aditya Birla Sun Life AMC Online in India’s fixed income investment team in December 2017. Before joining ABSLAMC, he was Head of Forex and Rate Desk at Edelweiss Securities Limited. He also worked for Quant Capital for six years as an economist.
Anuj Jain Fund Manager Investment Team
Mr Anuj Jain is an experienced fund manager at Aditya Birla Sun Life Mutual Fund with over 14 years of experience in the financial services industry. He joined Aditya Birla Sun Life AMC Online in India in August 2017. Previously he worked as the Deputy Managing Director and Head of Financial Sector Ratings at CARE Ratings Ltd and an analyst covering the global technology sector at Bank of America Continuum Solutions for over a year.
Monika Gandhi Fund Manager Investment Team
Ms Monika Gandhi, a Certified Associate of the Indian Institute of Bankers and a Chartered Accountant, has over 16 years of experience in banking and financial services. She joined Aditya Birla Sun Life Mutual Funds Online as a Senior Credit Analyst – Fixed Income in August 2017. Before joining Aditya Birla Sun Life Mutual Fund, she was Deputy General Manager of IDBI Bank for 13 years.
Harshil Suvarnkar Fund Manager Investment Team
Mr Harshil Suvarnkar has over 11 years of experience in the Finserv industry. Before joining ABSLAMC, he worked for Indiabulls Housing Finance Limited for 10 years. He was responsible for Head-market, Treasury, Treasury Investment, Asset and Liability Management (ALM), and Capital Markets Bonds. He holds a master’s degree in business administration from the Jamnalal Bajaj Institute of Management Studies (JBIMS) at the University of Mumbai and a PGD in securities law from the Government Law College.