Aditya Birla Sun Life Mutual Fund (ABSL) was formally known as Birla Sun Life Mutual Fund. It was established in 1994. It is a joint venture of Aditya Birla Group and Sun Life Financial Inc. of Canada. It offers a variety of mutual fund products to its investor’s according to their need and risk appetite. From more than 20 years, this company is offering wealth creation to its customer. It deals in four main fund classes -Equity fund, Debt fund, Hybrid Fund and Income Funds.
How to invest in Aditya Birla Sun Life Mutual Fund?
Whether you are an expert or a novice in this area, investing in ABSL mutual funds is very easy nowadays. You have to visit a platform which has a good record in the market, pick a scheme from a diverse list of handpicked funds according to your investment objective and risk appetite. You can be assured of a quick process of selecting any fund from your favorite fund house-ABSL mutual fund. And when you have to do a small KYC which will take not more than 5 minutes.
Top 5 Aditya Birla Sun Life Mutual Funds
We have listed out top 5 ABSL mutual funds for you to make your investment secure and quick where you don’t have to research much.
Aditya Birla Sun Life Advantage Fund
1st year return-8.60
3rd-year return- 11.28
5th year return-21. 81
10th year return-11. 50
Aditya Birla Sun Life Equity Fund
1st year return-9. 89
3rd-year return- 12.87
5th year return-21. 55
10th year return-11. 93
Aditya Birla Sun Life Floating Rate Fund
1st year return-6.87
3rd-year return- 7.38
5th year return-8.13
10th year return-7.98
Aditya Birla Sun Life Focused Equity Fund
1st year return-7.49
3rd-year return- 8.73
5th year return-16.90
10th year return-12.01
Aditya Birla Sun Life Frontline Equity Fund
1st year return-8.41
3rd-year return- 9.08
5th year return-16.35
10th year return-12.62
ABSLMF Equity Fund
The ABSLMF equity funds are invested in stocks and equities that offer dynamic returns to the investors on their investment. This fund is a medium to high-risk fund. The objective of the scheme is to give long term capital appreciation and meet the investment needs based on individuals risk appetite.
ABSL MF Tax Saving Fund
The ABSMF Tax Saving fund is also known as Equity Linked Saving Scheme Fund. It helps investors to save the tax under Section 88 C of the Income Tax Act.
ABSLMF Debt Fund
The ABSLMF Debt Funds are very friendly. It helps in Tax savings and it gives medium returns with much more safety and Reliability in comparison to Equity Funds.
ABSLMF Hybrid Funds?
The ABSLMF Hybrid Fund’s objective is to deliver risk-adjusted returns by investing in a combination of fixed income instruments and equities.