Birla Sun Life Mutual Fund is a joint venture between Aditya Birla and Sun Life Financial Inc of Canada. It is one of the most preferred investment company and has helped people in reaching their financial goal in a disciplined manner. The wide range of options to invest gives the convenience to create a portfolio which is suitable and can be achieved.
Just like any other investments, here also if the investors choose the right path (right fund), they can surely live their dream over a period of time. With the facility of investing in Mutual Fund through SIP, most people have been able to invest slowly but in a disciplined manner. Also, the tax-saving schemes ELSS have helped in saving on taxes.
The investment can be done online through the official website of Birla Sunlife mutual fund. You will have to create a login ID and password and then follow the process. So, have a look at the types of funds and the funds where you can invest.
Types of Mutual Fund-
Equity schemes- These type of investment is made on the growth stock where the returns are usually high as the growth is expected to be high. The different types of equity schemes are:
- Equity Diversified
- Mid Cap
- ELSS
- RGESS
- Thematic
- Sector-specific
- Flexicap
- Special funds
Debt or Income Schemes- Here the money of the investor is invested in the interest generated securities especially the government securities and corporate bonds.
Money Market Schemes- These are the scheme in which the money is invested in short-term debts instruments issued by governments, corporation or banks.
Hybrid scheme- It is the type of scheme in which the investment is made on the mixed composition of equity and debts the main aim of the scheme is to have a balance between the returns and risks. The types of hybrid scheme are as follow:
- Balanced scheme
- Monthly Income Plans
- Hybrid Asset Allocation Funds
- Asset allocation funds
Equity Linked Saving Schemes (ELSS)-
It is an open-ended equity growth scheme which comes with the 3 year lock-in period. It provides the investors the benefit of tax deduction up to the amount of ₹1,50,000.
Systematic Investment Plan (SIP)-
The systematic investment plan (SIP) is the type of investment which helps to accumulate wealth in a systematic way in a long period of time. SIP is the method of investment in the mutual fund schemes which are offered by the Asset management companies (AMC) through a distributor to the customer.
Birla Sun Life Mutual Fund Schemes
The mutual funds offered by Aditya Birla Sun Life Mutual Fund are listed below:
Equity Funds
- Birla Sun Life Banking And Financial Services Fund
- Birla Sun Life Midcap Fund
- BSL Tax Relief'96 Fund- (ELSS U/S 80C Of IT ACT)
- Birla Sun Life Equity Fund
- Birla Sun Life Frontline Equity Fund
- Birla Sun Life Dividend Yield Plus
- BSL Pure Value Fund
- Birla Sun Life Tax Plan - (ELSS U/S 80C Of IT ACT)
- Birla Sun Life MNC Fund
- Birla Sun Life Advantage Fund
- Birla Sun Life India GenNext Fund
- Birla Sun Life Index Fund
- Birla Sun Life Top 100 Fund
- Birla Sun Life Small & Midcap Fund
- Birla Sun Life Manufacturing Equity Fund
- Birla Sun Life India Opportunities Fund
- Birla Sun Life Infrastructure Fund
- Birla Sun Life India Reforms Fund
- BSL Special Situations Fund
- BSL CEF - Global Agri Plan
- Birla Sun Life New Millennium Fund
- BSL International Equity-Plan A
- BSL International Equity-Plan B
- BSL Global Real Estate Fund
- BSL Global Commodities Fund
Debt Funds
- Birla Sun Life Corporate Bond Fund
- Birla Sun Life Income Plus
- Birla Sun Life Constant Maturity 10 Year Gilt Fund
- Birla Sun Life Short Term Fund
- Birla Sun Life Govt. Securities Long Term
- BSL Medium Term Plan
- Birla Sun Life Gilt Plus - PF
- Birla Sun Life Treasury Optimizer Plan
- Birla Sun Life Dynamic Bond Fund
- Birla Sun Life Floating Rate Fund - Long Term
- Birla Sun Life Floating Rate Fund Short Term Plan
- Birla Sun Life Savings Fund
- Birla Sun Life Cash Plus
- Birla Sun Life Short Term Opportunities Fund
Hybrid Funds
- Birla Sun Life Balanced '95 Fund
- BSL Financial Planning FOF - Aggressive Plan
- Birla Sun Life Monthly Income
- Birla Sun Life MIP II - Wealth 25 Plan
- BSL Financial Planning FOF - Prudent Plan
- Birla Sun Life Equity Savings Fund
- Birla Sun Life Balanced Advantage Fund
- BSL Asset Allocator Multi Manager FoF Scheme
- Birla Sun Life MIP
- Birla Sun Life MIP II-Savings 5 Plan
- BSL Financial Planning FOF - Conservative Plan
- Birla Sun Life Enhanced Arbitrage Fund
Tax Planning
- BSL Tax Relief'96 Fund- (ELSS U/S 80C Of IT ACT)
- Birla Sun Life Tax Plan - (ELSS U/S 80C Of IT ACT)
Disclaimer - Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.
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