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Aditya Birla Mutual Fund NAV And Scheme Details

Introduction

Dev is a working professional. He earns quite well. He has seen his colleague Yash talk about investing in mutual funds. Dev having zero ideas about it, approached Yash. Yash suggested he invest in the aditya birla mutual fund. Dev was still confused, but Yash being helpful, promised to guide him.

Well, Dev is lucky to have found someone to guide him where to invest. But without expert advice, you could lose all your money if invested without carefulness. If you want to make a mutual fund investment, it is crucial to research well.

It is imperative to start investing as growing inflation is crucial to have financial safety in later life.

Keep reading this blog article to get details about the aditya birla mutual fund.

What are Aditya Birla Sun Life Mutual Funds?

Aditya Birla Sun Life Mutual Funds is India’s largest asset management company. It is a joint-venture company between India’s Aditya Birla Capital Limited and Canada’s Sun Life AMC Investments Inc. It started in 1994. With gross revenue crossing 41 billion dollars, Aditya Birla Group is the country’s 3rd largest conglomerate. On the other hand, Sun Life is the world’s largest insurance provider and investment management company. It ranks 236th on the Fortune 500 list.

ABSLMF is a one-stop solution for all kinds of mutual fund investment.

Top Performing Aditya Birla Sunlife Mutual Funds

There are several types of mutual funds under ABSLMF, and let us have a look at the top 5 best mutual funds to invest in:

1. Aditya Birla Sun Life Corporate Bond Fund

Compounded annual growth rate (CAGR) per cent for this fund for one year, three years, and five years are 4.6%, 8.89%, and 7.81%, respectively. This fund comes under the debt category and is a moderately risky but best mutual funds.

The minimum investment amount for Aditya Birla Sun Life Corporate Bond Fund is Rs. 100 lump sum, and for a systematic investment plan (SIP), it is Rs. 100. Currently around Rs. 20,980 Crores of assets are under the management of this fund.

2. Aditya Birla Sun Life Short Term Direct Fund

Compounded annual growth rate (CAGR) per cent for this fund for one year, three years, and five years are 4.9%, 8.78%, and 7.59%, respectively. This fund comes under the debt category and is moderately risky but one of the best mutual funds to invest in.

The minimum investment amount for Aditya Birla Sun Life Short Term Direct Fund

is Rs. 1000 lump sum, and for a systematic investment plan (SIP), it is Rs. 1000. Currently around Rs. 10,184 Crores of assets are under the management of this fund.

3. Aditya Birla Sun Life Low Duration Fund

Compounded annual growth rate (CAGR) per cent for this fund for one year, three years, and five years are 4.4%, 7.52%, and 7.45%, respectively. This fund comes under the debt category and is low to moderately risky but one of the best mutual funds to invest in.

The minimum investment amount for Aditya Birla Sun Life Low Duration Fund is Rs. 100 lump sum, and for a systematic investment plan (SIP), it is Rs. 100. Currently around Rs. 17,415 Crores of assets are under the management of this fund.

4. Aditya Birla Sun Life Life Money Manager Fund

Compounded annual growth rate (CAGR) per cent for this fund for one year, three years, and five years are 3.9%, 6.43%, and 6.79%, respectively. This fund comes under the debt category and is a moderately risky mutual fund to invest in.

The minimum investment amount for Aditya Birla Sun Life Life Money Manager Fund is Rs. 1000 lump sum, and for a systematic investment plan (SIP), it is Rs. 1000. Currently around Rs. 14,819 Crores of assets are under the management of this fund.

5. Aditya Birla Sun Life Financial Planning FoF Aggressive Plan Fund

Compounded annual growth rate (CAGR) per cent for this fund for one year, three years, and five years are 26.5%, 16.45%, and 14.39%, respectively. This fund comes under the other category and is a hazardous mutual fund.

The minimum investment amount for Aditya Birla Sun Life Financial Planning FoF Aggressive Plan Fund is Rs. 100 lump sum, and for a systematic investment plan (SIP), it is Rs. 1000. Currently around Rs. 163 Crores of assets are under the management of this fund.

Conclusion

There are many types of mutual funds available. You can choose from many existing schemes that best suits your requirement. But make sure to start investing in one as early as possible to get higher returns on minimal investments. Investing is important for ensuring a financially secured future for you and your family.

FAQs:

Under how many classes of funds does Aditya Birla Sun Life, Mutual Fund, deal in?

Aditya Birla Sun Life Mutual Fund comes in mainly 4 classes of funds, they are
equity funds
debt funds
income funds
ELSS funds

Is investing in Mutual Funds risky?

Well, it totally depends on what kind of mutual funds scheme you are investing in. like other investments, investing in mutual funds can be risky, money can get lost from self-made investments. Generally, the higher the returns greater is the risk and vice-versa.

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