The fact with the money is that its value depreciates over time. So, the monthly or yearly income you may be having now won’t be enough to carry on your life after you quit working if you have not planned for it. The planning can be executed through diversified products such as mutual funds that build wealth by investing in a variety of financial instruments with different attributes. There are many asset management companies (AMCs) that offer mutual funds to investors across ages. One such AMC is Aditya Birla Sun Life Mutual Fund that offers a variety of equity, debt and hybrid mutual fund schemes to fall in line with the expectations of different investors. In this edition, the focus will be firmly on the equity mutual fund schemes. The subsequent editions will see an elaboration on hybrid and debt schemes.
Top-performing Aditya Birla Sun Life Equity Mutual Fund Schemes The list of Aditya Birla Sun Life equity mutual funds consists of the following -
Aditya Birla Sun Life Frontline Equity Fund The fund aims to appreciate the growth of the invested capital over time by keeping the entire money in equity and equity-related instruments. It’s an open-ended large-cap mutual fund that has delivered a return of 20.34% since the time it was launched in 2002. Even as the 1-year performance is below expectations with just 4.49% return, the 3-year, 5-year and 10-year returns of 10.48%, 10.73% and 13.71% are simply good to believe in the strength of the fund. The minimum lump sum and SIP investment amount required is ₹100. Aditya Birla Sun Life Equity Fund This fund also comes with an objective to appreciate the growth of the invested capital. It invests 90% of the corpus in equity and the remaining 10% in debt and money-market instruments. It’s also an open-ended large-cap fund like the previous fund. The fund has provided 22.79% return since getting launched in 1998. The 1-year return stands at a very low of 2.81%. But the 3-year, 5-year and 10-year returns of 13.14, 12.41% and 14.07% somewhat make it an interesting fund to invest in. You need to invest a minimum of ₹100 via any of the SIP or lump sum investment. Aditya Birla Sun Life Tax Relief 96 This fund not only sets the tone by investing in high return proposition of equities but also looks to save taxes for the investors by giving them exemptions under Section 80C of the Income Tax Act. It has delivered a return of 23.95% from the time it was launched in 1996. It has delivered a return of 11.34%, 14.03% and 14.03% in 3, 5 and 10 years, respectively. You can invest in this fund with a minimum lump sum of ₹500. The minimum amount needed to invest is ₹500. Aditya Birla Sun Life Mutual Fund Login You can log on to Aditya Birla Sun Life Mutual Fund with your user ID and password. After that, you will see the investments made so far. If you wish to transact, you can do so by clicking on the appropriate icons. Aditya Birla Sun Life Mutual Fund Statement Aditya Birla Sun Life will send you mutual fund account statement to your e-mail ID showing the transactions made so far, the cost and value of the investments, the current NAV, etc. Glancing at the statement regularly can keep you updated of your investments. Essentials to Keep in Mind Before Investing in Aditya Birla Sun Life Equity Funds Investing in Aditya Birla Sun Life equity funds have proved to be a beneficial deal for investors. But only when they have shown patience and discipline by investing for a long period. The point I am trying to emphasize is that equity investments can go through short term fluctuations and so the returns may not be that great. However, investing in the same for long can yield good results. As equity funds and market fluctuations go hand to hand, it’s also important to be aware of the risk appetite you carry. If you have a high-risk taking capacity, then only you should invest in these funds.
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Anika Sharma
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