Aditya Birla Sun Life Mutual Fund
Aditya Birla Sun Life Mutual Fund (ABSLMF) is a collaborative venture jointly sponsored by Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. Managed by Birla Sun Life Asset Management Company Limited, it is headquartered in Mumbai and was established in 1994, celebrating nearly 3 decades of successful operation in the Indian financial landscape.
The parent companies, Aditya Birla Group and Sun Life AMC Investments, Inc., are prominent financial entities with a substantial legacy in wealth creation and management. The Aditya Birla Group, one of the largest business conglomerates in India, boasts a gross revenue of $65 billion. Conversely, Sun Life is a global giant in life insurance, holding a significant position on the Fortune 500 list, with expertise extending to investment management.
ABSLMF stands as one of the foremost asset management companies in India, commanding a substantial presence. As of December 2023, its average assets under management (AUM) have crossed Rs. 3.1 Lakh crores.
Aditya Birla Sun Life Mutual Fund snapshot
Inception date | December 23, 1994 |
Sponsor (s) | Aditya Birla Capital Ltd & Sun Life (India) AMC Investments |
Chief Executive Officer | Mr. A. Balasubramanian |
Chief Investment Officer | Mr. Mahesh Patil |
No. of Schemes | 91 |
Average AUM (Rs. in Crores) | 336485.77 |
As on February 2024
How to invest in Aditya Birla Sun Life Mutual Fund
Anyone who is above 18 years of age and KYC compliant can start investing in mutual funds. To invest in ABSLMF, use the Kotak Neo app and begin your investment in a jiffy.
Follow these three easy steps to invest through the Kotak Neo:
- Login with your credentials (mobile number/PAN/QR code)
- Click on Invest and select ‘Mutual Funds’ from other investments
- Select the fund of your choice and begin investing
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
