Aditya Birla Sun Life Mutual Fund (ABSLMF) has introduced ‘Choti SIP’, a new investment plan that allows investors to start a Systematic Investment Plan (SIP) with a minimum of ₹250 per month. The plan is intended to make mutual fund investments more accessible.
Existing investors who already hold SIPs, lump sum investments, or mutual funds (other than Choti SIP) are not eligible for this plan. Investors are required to commit to at least 60 installments, but early withdrawal options are available.
Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in 1994 and is the investment manager for ABSLMF. It operates across 300+ locations in India and manages an Assets Under Management (AUM) of ₹4 lakh crore as of December 31, 2024.
ABSLAMC is a subsidiary of Aditya Birla Capital Limited (ABCL), which serves as the holding company for the Aditya Birla Group’s financial services businesses. ABCL’s total assets under management stood at ₹5.03 lakh crore, with a lending book of ₹1.46 lakh crore as of the same date.
Aditya Birla Group has business operations in over 40 countries. More than 50% of its revenue comes from international markets across North and South America, Africa, Asia, and Europe.
‘Choti SIP’ was launched on March 5, 2025, and is now available for investors looking to start with small-ticket systematic investments.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 13, 2025, 2:46 PM IST
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