Aditya Birla Sun Life Mutual Fund is known for providing some of the best mutual funds in the Indian market. The investor-centric approach has allowed it to win the trust of millions of investors over the years. Following are the top schemes which have been selected by the experts at MySIPonline after analysing every aspect of mutual funds.
Aditya Birla Sun Life Tax Relief 96 Fund
This should be your ultimate choice for tax deduction if you can take a slightly higher risk for long term investment. It is a prominent ELSS scheme which has a golden past of providing phenomenal returns to the investors. The fund allows tax deduction of up to Rs 46,800 every financial year and delivers high returns on the invested amount through an aggressive equity portfolio. Potential investors must note that the fund possesses high risk and must be chosen for the long term.
Aditya Birla Sun Life Equity Fund
It is a multi-cap scheme which is largely chosen and appreciated by the investors due to its consistency. The fund manager invests in the most adequate type of equity instruments from the range of top 500 stocks on the stock exchange. The opportunity for growth can be grabbed from any segment of the equity market. It has an impressive past and can be an ideal choice for the investors who seek a diversified portfolio for consistent capital gains.
Aditya Birla Sun Life Frontline Equity Fund
It is a largely chosen large-cap scheme which invests in equity instruments of prominent companies in India. The fund is known for providing consistent gains in the long term and has been trusted by a large number of investors. The AUM is more than Rs 21,500 crore. It is ideal for investors who seek a pure equity scheme with low risk for a tenure of 3 years or more.
Aditya Birla Sun Life Regular Savings Fund
This is a conservative hybrid scheme which is also known as a debt-oriented hybrid scheme. The fund invests nearly 70% of the corpus in the fixed income securities and the rest in equity instruments to deliver reasonable gains at low risk. It is ideal for those who are not satisfied with the returns of pure debt scheme but cannot invest in an equity-oriented scheme.
Aditya Birla Sun Life Banking & Financial Services Fund
It is a sectoral fund which predominantly uses the equity instruments of financial companies. As the sector has always done well in the Indian market and the government is focused to add more strength to the sector, this scheme can deliver impressive gains to the investors. It is ideal for the experienced investors who can make better decisions regarding investments as the risk is high but the rewards are higher.
Aditya Birla Sun Life Mutual Fund is a top player in the mutual fund industry and has provided some of the best performing mutual funds in India. There is a large number of top-performing schemes available to invest. Investors should choose the most suitable scheme from a wide variety of available mutual funds which can help oneself to achieve the financial objective. To know more about the schemes or to check the suitability, connect with the financial experts at MySIPonline.