Best Aditya Birla Sun Life Mutual Funds
Aditya Birla Sun Life Mutual Fund (ABSLMF) is a joint venture between Aditya Birla Capital Limited and Sun Life AMC Investments, Inc. It was established in 1994 and is headquartered in Mumbai. As of September 2025, ABSLMF’s assets under management (AUM) stood at ₹4.25 tn, reflecting an 11% growth. The Aditya Birla Group and Sun Life Financial, the two parent companies, are leading financial institutions with strong histories of wealth management and wealth creation. Here we will be covering the top Aditya Birla mutual funds, their past performance, taxation, and factors to consider before investing.
Top Aditya Birla Sun Life Mutual Fund
| Name | AUM (in ₹ cr.) | CAGR 3Y (%) | Expense Ratio | NAV (₹ per unit) | Exit Load (%) | Alpha | CAGR 5Y (%) | Volatility |
|---|---|---|---|---|---|---|---|---|
| Aditya Birla SL Liquid Fund | 56938.32 | 7.14 | 0.21 | 436.09 | 0.01 | 0 | 5.86 | 0.12 |
| Aditya Birla SL Large Cap Fund | 31015.85 | 16 | 0.97 | 607.96 | 1 | 5.64 | 18.15 | 11.59 |
| Aditya Birla SL Corp Bond Fund | 30131.3 | 8.11 | 0.33 | 118 | 0 | 0 | 6.5 | 1.28 |
| Aditya Birla SL Money Manager Fund | 29881.73 | 7.73 | 0.22 | 385.38 | 0 | 0 | 6.33 | 0.39 |
| Aditya Birla SL Flexi Cap Fund | 24443.27 | 18.15 | 0.85 | 2111.46 | 1 | 7.9 | 18.83 | 12.65 |
| Aditya Birla SL Arbitrage Fund | 24255.89 | 7.86 | 0.31 | 29.37 | 0.25 | 0 | 6.49 | 0.8 |
| Aditya Birla SL Savings Fund | 22389.38 | 7.75 | 0.34 | 574.23 | 0 | 0 | 6.37 | 0.41 |
| Aditya Birla SL ELSS Tax Saver Fund | 15681.73 | 15.44 | 0.97 | 70.42 | 0 | 7.56 | 13.66 | 12.66 |
| Aditya Birla SL Low Duration Fund | 14919.95 | 7.89 | 0.43 | 749.2 | 0 | 0 | 6.55 | 0.53 |
| Aditya Birla SL Floating Rate Fund | 13126.24 | 8.03 | 0.24 | 368.39 | 0 | 0 | 6.51 | 0.57 |
Disclaimer: Please note that the above list of Aditya Birla mutual funds is for educational purposes only and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.
Note: The data on the list of Aditya Birla mutual funds is from 28th November 2025. This data is derived from the Tickertape Mutual Funds Screener.
- AMC: Aditya Birla Sun Life AMC Limited
- Plan: Growth
- AUM: Sorted from highest to lowest
Pro Tip: You can use Tickertape’s Mutual Fund Screener to research and evaluate funds with over 50+ pre-loaded filters and parameters.
Key Information on Aditya Birla Sun Life Mutual Fund
| Setup Date | 23rd December 1994 |
| Incorporation Date | 5th September 1994 |
| Sponsor | Aditya Birla Capital Limited, Sun Life (India) AMC Investments Inc. |
| Trustee | Aditya Birla Sun Life Trustee Private Limited |
| Chairman | N/A |
| CEO / MD | Mr. A. Balasubramanian – Managing Director & CEO |
| CIO | Mr. Mahesh Patil |
| Compliance Officer | Mr. Parth Makwana |
| Investor Service Officer | Ms. Keerti Gupta |
| Headquarters | Mumbai, India |
| Co-Sponsors | Aditya Birla Capital Limited (India) and Sun Life AMC Investments, Inc. (Canada) |
| Assets Under Management (AUM) | ₹4.25 tn (as of September 2025) |
| Parent Companies | Aditya Birla Group (India), Sun Life Financial (Canada) |
| Product Range | Equity, Debt, Hybrid, ELSS, and other mutual fund schemes |
Overview of the top Aditya Birla Mutual Funds
Aditya Birla SL Liquid Fund
A liquid-debt scheme investing in high-quality money-market and debt instruments with maturities up to 91 days. It aims for high liquidity and safety, allowing investors to redeem anytime.
Aditya Birla SL Large Cap Fund
An equity fund that invests primarily in large-cap (large-market-cap) companies. It reflects the performance of major, established firms in the stock market, with exposure to equity-market movements.
Aditya Birla SL Corp Bond Fund
A debt fund that invests in corporate bonds and other fixed-income securities issued by companies. It seeks income from interest payments and holds fixed-income assets rather than equities.
Aditya Birla SL Money Manager Fund
A short-term debt and money-market scheme that invests in instruments with relatively short maturities. It focuses on providing liquidity over short-to-medium durations while primarily investing in debt securities.
Aditya Birla SL Flexi Cap Fund
An equity fund with flexibility to invest across large, mid, and small-cap companies rather than sticking to one segment. It aims for diversified equity exposure across the market-cap spectrum.
Aditya Birla SL Arbitrage Fund
A hybrid/derivative-oriented fund that invests in equity and takes offsetting positions in derivatives to exploit price differences. It aims to generate returns through arbitrage rather than relying solely on stock-price movements.
Aditya Birla SL Savings Fund
A short-to-medium term debt-oriented fund investing in a mix of fixed-income securities. It targets stable income with moderate risk over medium-term horizons.
Aditya Birla SL ELSS Tax Saver Fund
An equity-based fund that also qualifies for tax savings under applicable Indian tax laws. It invests in diversified stocks and includes a lock-in period as required under tax-saving schemes.
Aditya Birla SL Low Duration Fund
A debt fund that invests in moderate-maturity fixed-income securities (short to medium maturity). It balances yield potential with comparatively lower interest-rate sensitivity than long-duration debt funds.
Aditya Birla SL Floating Rate Fund
A debt scheme investing in floating-rate securities, whose interest rates reset periodically. It seeks interest-rate income that adjusts with prevailing rates, which may reduce interest-rate risk compared with fixed-rate long-term instruments.
How to Invest in the Aditya Birla Sun Life Mutual Funds?
You can easily start to invest in the ABSL mutual funds in India by following these steps:
- Visit an equity investment platform such as smallcase
- The next step is to research and identify the best Adityabirla MF based on your investment thesis. Tools like the Tickertape Mutual Fund Screener can help you filter and compare funds based on parameters such as returns, expense ratio, and fund size.
- Once you shortlist the funds, visit smallcase, log in, and search for the fund by name. You can then choose the investment mode, either a one-time lump sum or a SIP investment plan, and complete the process.
Top Fund Managers at Aditya Birla Sun Life Mutual Funds
Mohit Sharma
Mohit Sharma holds a PGDCM from the Indian Institute of Management, Calcutta, and has been with Birlasunlife Mutual Fund since October 2015. Before joining ABSLMF, he ran a health-tech business from 2012. His career began as an Equity Research Analyst at Irevna Ltd. (a subsidiary of CRISIL) for one year. Mr Sharma also worked at Standard Chartered Bank (2007–2011) and ICICI Bank Ltd. (2006–2007).
Dhaval Gala
Dhaval Gala holds a Post Graduate Degree in Business Management (Finance) from N.L. Dalmia Institute of Management Studies & Research. Before joining Aditya Birla Mutual Fund, he gained valuable experience at J.P. Morgan Chase India and B&K Securities. At ABSL mutual fund, he co-manages the Birla Sun Life Banking & Financial Services Funds division with his colleague Mr. Satyabrata Mohanty. He currently manages nearly ₹1,900 cr in assets under management (AuM).
Sunaina da Cunha
Ms. Sunaina da Cunha has been with ABSL mutual fund since 2004. She started her career after earning her CFA Charter from the CFA Institute in Virginia and an MBA from FMS, Delhi. Cunha manages 13 schemes with a cumulative AuM of over ₹91,000 cr. Her key funds include Aditya Birla Sun Life Liquid Fund, Aditya Birla Sun Life Savings Fund, and Aditya Birla Sun Life Credit Risk Fund.
Taxation on Aditya Birla Sun Life Mutual Fund
The taxation of mutual funds varies depending on the type of fund and the duration of the investment. Below is a breakdown of the tax treatment for equity, debt, hybrid, and gold mutual funds under Aditya Birla Mutual Fund, based on the investment’s holding period.
Equity Mutual Funds
| Type of Gain | Holding Period | New Rate |
| Short-Term Capital Gains (STCG) | Less than 12 months | 20% |
| Long-Term Capital Gains (LTCG) | More than 12 months | 12.5% (Gains up to ₹1.25 lakh exempt) |
Debt Mutual Funds
| Type of Gain | Holding Period | Tax Rate |
| Short-Term Capital Gains (STCG) | Less than 36 months | Taxed as per the income tax slab |
| Long-Term Capital Gains (LTCG) | More than 36 months | 12.50% |
Hybrid Mutual Funds
| Type of Fund | STCG | LTCG |
| Equity-Oriented Hybrid Funds | 20% for holdings < 1 year | 12.5% for holdings > 1 year; gains up to ₹1.25 lakh exempt |
| Debt-Oriented Hybrid Funds | Taxed as per slab for holdings < 3 years | 12.5% for holdings > 3 years |
Gold Mutual Funds
| Type of Gain | Old Holding Period | New Holding Period | New Tax Rate |
| Short-Term Capital Gains (STCG) | Under 36 months | Under 24 months | Slab rate |
| Long-Term Capital Gains (LTCG) | Over 36 months | Over 24 months | 12.50% |
Documents Required to Invest in DSP Mutual Funds
To invest in DSP Mutual Funds, a few standard documents and details are required as part of the regulatory onboarding process. These include:
- PAN Card details, which are mandatory for mutual fund investments in India.
- Basic personal information, such as full name, mobile number, and email ID, for account setup and communication.
- Address proof, such as Aadhaar (front and back), passport, voter ID, or any SEBI-accepted document to verify identity and residence.
- Bank account details, along with a cancelled cheque if required, to enable transactions and payouts.
- Nominee information, which allows investors to assign beneficiaries for their investments.
- FATCA and CRS declarations which are compulsory compliance-based disclosures for taxation and reporting purposes.
Risks of Investing in Aditya Birla Sun Life Mutual Funds
- Market Risk: Mutual funds that invest in stocks can experience fluctuations in value. The value of your investment can rise or fall based on stock market performance, and there is no guarantee of positive returns.
- Interest Rate Risk (for Debt Funds): For debt funds, changes in interest rates can affect the value of bonds. When interest rates go up, the value of existing bonds typically falls, which can impact the fund’s performance.
- Credit or Default Risk: If the companies that issue bonds or debt securities within the fund fail to repay or default, it can lead to losses for the fund.
- Liquidity Risk: In some funds, it might be challenging to sell or convert to cash, especially in uncertain market conditions, making it harder to sell the fund’s assets at a fair price.
- Concentration Risk: If a fund invests heavily in one sector or a few companies, a downturn in that sector or those companies could have a large impact on the fund’s performance.
Factors to Consider Before Investing in Aditya Mutual Funds
- Investment Goals and Time Frame: It’s important to know your investment goals and how long you plan to invest. Different funds are suited to different time frames. For example, short-term funds are designed for investors with short-term goals, while other funds may align with longer investment horizons.
- Fund Type and Strategy: Aditya Birla Sun Life Mutual Funds offers various types, such as equity, debt, hybrid, and liquid funds. Each type is designed for different purposes and has its own risk and return profile, so it’s helpful to understand the specific goals of the fund.
- Costs Involved: Funds come with costs like the expense ratio and exit loads. These charges can impact your returns, so it’s important to be aware of them when choosing a fund.
- Tax Impact: The tax treatment of a fund depends on its type and the duration of your investment. For example, tax rules for equity funds are different from those for debt funds, which can affect your overall returns.
To Wrap It Up…
Aditya Birla Mutual Fund offers a variety of investment options, including equity, debt, hybrid, and liquid funds. With experienced fund managers and a solid track record it helps investors meet their financial goals. However, like any investment, there are risks such as market fluctuations, interest rate changes, credit issues, and liquidity concerns that can affect returns. It’s important to understand these risks and choose funds that align with your goals and risk tolerance.
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Frequently Asked Questions on Aditya Birla Sun Life Mutual Fund
As of 28th November 2025, based on the 5-year CAGR, some of the top Aditya Birla Sun Life mutual funds include:
1. Aditya Birla SL PSU Equity Fund
2. Aditya Birla SL Infrastructure Fund
3. Aditya Birla SL Midcap Fund
4. Aditya Birla SL Dividend Yield Fund
5. Aditya Birla SL Value Fund
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory.
Whether Aditya Birla Sun Life Mutual Fund is suitable for you depends on factors like your chosen scheme, risk appetite, investment horizon, and market conditions. Each scheme has different risks, so it’s important to evaluate the fund type and its portfolio structure.
Disclaimer: Please note that the above information is for educational purposes only, and is not recommendatory.
Aditya Birla MultiCap Fund is an open‑ended equity fund that invests across companies of different sizes, large‑cap, mid‑cap and small‑cap, rather than being limited to one category.
To start an SIP in Aditya Birla Sun Life mutual fund, follow these steps:
1. Visit an online investment platform like smallcase.
2. Research and select a scheme that fits your investment goals. You can use tools like the Tickertape Mutual Fund Screener to compare different funds.
3. Once you’ve chosen a scheme, log in to the platform, search for the fund, and set up your SIP plan.
Disclaimer: Please note that the above information is for educational purposes only, and is not recommendatory.
Shriram mutual fund schemes are not fully tax-free. The tax treatment depends on the type of fund, the holding period, and the applicable tax rules. However, Shriram also offers ELSS (Equity Linked Savings Scheme) funds, which provide tax benefits under Section 80C of the Income Tax Act.
Disclaimer: Please note that the above information is for educational purposes only, and is not recommendatory.
Aditya Birla mutual fund schemes are not fully tax-free. Capital gains tax applies based on the type of fund and holding period. However, the Aditya Birla Sun Life Tax Saver Fund (ELSS) offers tax benefits under Section 80C of the Income Tax Act, subject to conditions.
Disclaimer: Please note that this is for educational purposes only, and is not recommendatory.
The minimum SIP amount varies across schemes. Many Aditya Birla Sun Life funds allow you to start an SIP with as little as ₹10, though some schemes may have higher minimums depending on their category and structure.
