Aditya Birla Sun Life Mutual Fund (ABSLMF) is a joint-venture company co-sponsored by the Indian company, Aditya Birla Capital Limited and Canada-based Sun Life AMC Investments, Inc.
Established in 1994, ABSLMF was previously named Birla Sun Life Asset Management Company Limited and has successfully completed 25 years in the Indian finance market.
The Aditya Birla Group is the 3rd largest business conglomerate in India, while Sun Life is one of the largest life insurance providers in the world, ranking 235 on the Fortune 500 list for 2022.
With roughly ₹ 2,71,747 crore AUM as of February 2023, ABSLMF is currently one of the largest AMCs operating in India.
The Aditya Birla Sun Life Mutual Fund primarily deals in four classes of funds:
The following are some of the key information regarding the Aditya Birla Mutual Funds company
| Asset Management company Partners | Aditya Birla Capital Ltd., Sun Life (India) Investments Inc |
| Founding date | 23rd December 1994 |
| AMC Incorporation date | 05th September 1994 |
| Trustee organisation | Aditya Birla Sun Life Trustee Pvt Ltd. |
| Chairman | Kumar Mangalam Birla |
| MD and CEO | A. Balasubramaniam |
| Compliance Officer | Mr. Parth Makwana |
| Investor Service Officer | Keerti Gupta |
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Vinod Narayan Bhat
Fund Manager since Apr 2022 (3 years)
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Mr. Bhat has been working with ABSLAMC since July 2018 as Head of Investor Communications (Investments - Equity). Before joining ABSLAMC, he was VP of Corporate Strategy and Business Development at Aditya Birla Management Corporation Pvt. Ltd. Earlier, he worked with Ocean Park Advisors (USA) as a Senior Associate of Investment Banking. He also worked as an Associate in Investment Banking with Credit Suisse (USA).
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Dhaval Gala
Fund Manager since Oct 2023 (1 year)
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Dhaval Gala did his PGDBM from N L Dalmia Institute Of Management Studies and Research. He worked at J P Morgan Chase India Pvt Ltd, and B&K Securities before joining Birla Sun Life Asset Management Company Limited.
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Kunal Sangoi
Fund Manager since Dec 2014 (10 years)
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Mr. Sangoi is a Fund Manager and Senior Analyst with Aditya Birla Sun Life AMC Limited (ABSLAMC). At ABSLAMC, he manages equity funds and specialises in the Technology, Internet, Media and Telecom sectors. He has been with ABSLAMC since 2012, and was previously associated with Edelweiss Financial Services Ltd. as Senior Analyst. Kunal is a Chartered Accountant by qualification.
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Chanchal Khandelwal
Fund Manager since Sep 2013 (11 years)
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Mr. Chanchal Khandelwal currently works as a Fund Manager at Birla Sun Life Asset Management Company. Prior to joining BSLAMC, he worked with Aditya Birla Retail Limited and as a Manager in Aditya Birla Management Corporation Ltd. in the area of Strategy and Corporate Finance. He has a B.Com. from SRCC and an MBA from XIMB.
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Mahesh Patil
Fund Manager since Apr 2022 (3 years)
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Mahesh Patil heads equity investments at Aditya Birla Sun Life AMC Limited. He has been with Aditya Birla Sun Life AMC since 2005, when he started as a Fund Manager. In 2008, he became Head of Equity and subsequently Co-Chief Investment Officer (Equity) in 2011. An Engineer from VJTI, Mumbai, he also holds an MBA in Finance from Jamnalal Bajaj Institute, Mumbai. He is also a charter holder from ICFAI, Hyderabad.
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Sunaina da Cunha
Fund Manager since Apr 2017 (8 years)
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Sunaina da Cunha did her MBA from University of Delhi. She has been associated with Aditya Birla Sun Life Mutual Fund for a long time. Currently, she is the Co-Head Fixed Income (Credit).
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Dhaval Shah
Fund Manager since Jun 2019 (5 years)
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Dhaval Shah is a Fund Manager and Senior Analyst with Aditya Birla Sun Life AMC Limited (ABSLAMC). He has been a part of ABSLAMC since 2015. Before joining ABSLAMC, Dhaval worked with Reliance Capital Asset Management Ltd., Morgan Stanley Investment Management and Edelweiss Securities Ltd. Dhaval has an MMS in Finance from Mumbai University and is also a CFA Charterholder.
Investing in the Aditya Birla Sunlife Mutual Fund is a hassle-free process when done through your Angel One account. You just have to follow these steps:
Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN.
Note: In case you do not have an account with Angel One, you can directly open a demat account with us in under a few minutes by submitting the necessary documents.
Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to do at this stage are:
Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.
Investing in Aditya Birla Sunlife Mutual Funds via Angel One is effortless, thanks to our fully digital KYC process. Whether you’re a first-time investor or returning, we’ve made it convenient. To get started, you’ll need to provide the following vital documents:
Our user-friendly platform simplifies KYC verification, enabling you to access Aditya Birla Sunlife Mutual Funds quickly and efficiently. Your financial goals are now easily attainable. Within just 48-72 business hours, your KYC process will be completed, allowing you to embark on your mutual fund journey.
| Scheme | Category | AUM (in ₹ Cr) | 3-Yr Returns (%) | 1-Yr Return (%) |
| Aditya Birla SL PSU Equity Fund | Equity | 5,236.98 | 29.11 | -9.17 |
| Aditya Birla SL NASDAQ 100 FOF | Equity | 428.95 | 21.81 | 31.45 |
| Aditya Birla SL Infrastructure Fund | Equity | 1,086.77 | 20.64 | 0.46 |
| Aditya Birla SL Nifty Midcap 150 Index Fund | Equity | 308.45 | 20.60 | 4.21 |
| Aditya Birla SL Dividend Yield Fund | Equity | 1,461.33 | 20.60 | 2.95 |
| Aditya Birla SL Pharma & Healthcare Fund | Equity | 815.09 | 18.86 | 6.28 |
| Aditya Birla SL Gold Fund | Equity | 471.82 | 18.43 | 36.33 |
| Aditya Birla SL Pure Value Fund | Equity | 5,929.32 | 18.33 | -0.50 |
| Aditya Birla SL Nifty Smallcap 50 Index Fund | Equity | 209.20 | 17.62 | 1.34 |
| Aditya Birla SL Global Excellence Equity FoF | Equity | 211.47 | 16.96 | 20.37 |
Note: All data is as of February 2025, and the selected funds have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.
The Aditya Birla SL PSU Equity Fund is an open-ended equity scheme that focuses on public sector undertakings across various industries. The fund aims to generate long-term capital appreciation by investing in fundamentally strong government-owned companies.
The fund is managed by Dhaval Gala and is benchmarked against the NIFTY PSU Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Aditya Birla SL NASDAQ 100 FoF is an open-ended fund-of-funds scheme that invests in the NASDAQ 100 Index through overseas ETFs and mutual funds. The fund provides exposure to leading non-financial companies listed in the US market.
The fund is managed by Dhaval Joshi and is benchmarked against the NASDAQ 100 Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Aditya Birla SL Infrastructure Fund is an open-ended equity scheme that invests in companies engaged in infrastructure development. The fund aims to achieve long-term capital growth by identifying businesses benefiting from India’s infrastructure expansion.
The fund is managed by Mahesh Patil and Jonas Bhutta and is benchmarked against the NIFTY Infrastructure Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Aditya Birla SL Nifty Midcap 150 Index Fund is an open-ended index fund that replicates the NIFTY Midcap 150 Index. The fund aims to provide returns that closely correspond to the performance of mid-cap companies in the index.
The fund is managed by Priya Sridhar and is benchmarked against the NIFTY Midcap 150 Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Aditya Birla SL Dividend Yield Fund is an open-ended equity scheme that invests in dividend-yielding companies. The fund seeks to provide long-term capital appreciation along with regular income generation.
The fund is managed by Dhaval Gala and Dhaval Joshi and is benchmarked against the NIFTY Dividend Opportunities 50 Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Aditya Birla SL Pharma & Healthcare Fund is an open-ended equity scheme that focuses on the pharmaceutical and healthcare sectors. The fund aims to generate long-term capital growth by investing in companies operating in healthcare, biotechnology, and medical research.
The fund is managed by Dhaval Shah and is benchmarked against the NIFTY Healthcare Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Aditya Birla SL Gold Fund is an open-ended fund-of-funds scheme that invests in gold ETFs. The fund aims to provide returns linked to the performance of gold while offering an alternative investment avenue.
The fund is managed by Priya Sridhar and is benchmarked against the domestic price of gold. The scheme applies an exit load of 2% if units are redeemed within 180 days, 1% if redeemed between 181 and 365 days, and no exit load applies thereafter.
The Aditya Birla SL Pure Value Fund is an open-ended equity scheme that follows a value investing approach. The fund seeks to identify fundamentally strong but undervalued companies with the potential for long-term capital appreciation.
The fund is managed by Kunal Sangoi and is benchmarked against the NIFTY 500 Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Aditya Birla SL Nifty Smallcap 50 Index Fund is an open-ended index fund that aims to track the performance of the NIFTY Smallcap 50 Index. The fund invests in small-cap stocks to provide long-term capital growth.
The fund is managed by Priya Sridhar and is benchmarked against the NIFTY Smallcap 50 Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Aditya Birla SL Global Excellence Equity FoF is an open-ended fund-of-funds scheme that invests in international equity funds. The fund aims to provide global diversification by investing in leading companies across various sectors.
The fund is managed by Dhaval Joshi and is benchmarked against the MSCI ACWI Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
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