Aditya Birla Sun Life Mutual Fund - Top 10 ABSL MF Schemes, Returns & Benefits

Gaurav Seth
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Gaurav Seth


The core of Aditya Birla Sun Life Mutual Fund still lies in Indian culture as it is a subsidiary of a vast empire, i.e Aditya Birla. It was set up on 5 September 1994 and is a Joint Venture between Sun Life Financial Inc of Canada and Aditya Birla Group of India. They have a global vision to extend the range of the AMC to fulfill the financial goals of maximum Indian investors. Dealing globally, they have not compromised with the ethics and business goals of the parent company, Aditya Birla Sun Life Financial. As of today, they operate in about 40 countries with more than one and a half lakh employed worldwide. 


Mutual Fund Aditya Birla Sun Life Mutual Fund
Setup Date 23 December 1994
Incorporation Date 05 September 1994
SponsorSun Life AMC Investments Inc and Aditya Birla Capital Ltd
TrusteeAditya Birla Sun Life Trustee Pvt Ltd
CEO/MDMr. A. Balasubramanian
Compliance HeadMs. Hemanti Wadhwa
Investor Service OfficerMs. Keerti Gupta
CustodiansCitibank NA
Assets Managed Rs. 2.72 lakh Crores (as of 31st May 2021)
Total Schemes121


ABSL India GenNext FundEquity
ABSL Low DurationDebt 
ABSL Savings FundDebt
ABSL Corporate Bond FundDebt 
ABSL Balanced Advantage FundHybrid 
ABSL Short Term FundDebt
ABSL Arbitrage FundHybrid 
ABSL Digital India FundEquity 
ABSL Flexi Cap FundEquity 
ABSL Index FundEquity 


1. Mr. Maneesh Dangi:

Mr. Maneesh is the Co-CIO of Aditya Birla Sun Life AMC. He is an FRM and MBA and holds about 12+ years of experience in Financial and Research. He has worked as a head of Fixed - Investment Consultancy & Merchant Banking at Pioneer Investcorp. 

2. Mr. Satyabrata Mohanty:

Mr. Satyabrata is the Head of Mixed assets at ABSL AMC. He is a Chartered Accountant, CFA, and has been on board for the past 18 years. His experience is about 12 years in the finance domain. He has taken up the responsibility and authority in both equity and debt funds. 

3. Mr. Mohit Sharma:

Mr. Mohit is a fund manager and has done PGDCM from IIM Calcutta and B. Tech from IIT Madras. He is on board with AMC since 2015 and has about 12 yrs of experience out of which 7 years he has dedicated to financial markets.

4. Mr. Dhaval Gala:

Mr. Dhaval is the fund manager with ABSL AMC and a PGDBM Finance from NLD Institute of Management Studies and BMS from Mithibai College. He has a diverse experience of about 9 yrs in the domain of finance and 8 yrs in Investment Research in the domain of the Banking and Finance Service Sector. 


Different mutual fund products offered by ABSL Mutual Fund is to match with investor’s investment and financial objectives. To make the products easy to understand, it bifurcates them into Regular Income, Tax savings, Saving, and Wealth Creation categories. 

1. Regular Income:

In this, investors get the advantage of investing in a combination of both the debt and equity instruments to save a large corpus over the long term. The hybrid combination helps to have relatively stable returns as compared to pure equity funds.

2. Tax Savings:

This category helps the investors in saving taxes on income up to Rs 1,50,000 by investing in the ELSS scheme under Section 80C of the Income Tax Act,1961.

3. Saving:

This category invests in debt instruments of the market by maintaining lower risk-appetite and moderate return options for investors over a decent time horizon. 

4. Wealth Creation:

This category helps the investors investing in this fund house to create a wealthy corpus by investing in equity-related instruments.


There are very simple and convenient steps to start investing in ABSL Mutual Fund which is one of the reputed AMC in India. Follow the below-mentioned steps to start investing:

  1. Download the ZFunds app from the Playstore- Link here.
  2. Create your free account with ZFunds. If you already have an account with ZFunds, you can simply log in to it.
  3. To create an account, you will be required to upload your identification documents which can include an Aadhar card, pan card, Voter ID card, driving license, passport, or any other reliable document which is issued by the state or central government.
  4. You will also be required to upload your address proof.
  5. After that, you just need to select the best fund which suits you as per your investment horizon and risk.
  6. And, then at last you just need to choose whether you want to do a lump sum investment or start a sip.

After the successful investment, the units will be allotted and investment will be reflected in 2-3 working days in your ZFunds account.


1.  Identity Proof 

  • PAN Card
  • Aadhar Card
  • Passport
  • Driving License

2. Address Proof

  • Aadhar Card
  • Driving License
  • Passport
  • Any Recent Utility Bill (Water, Gas, Electricity, etc.)
  • Rental/Lease Agreement


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