Aditya Birla Sunlife Mutual Fund

Aditya Birla uses Pro Investing, allowing investors to divide their money among three funds using a single form. Aditya Birla Sun Life Flexi Cap Fund, Aditya Birla Sun Life Frontline Equity Fund, and Aditya Birla Sun Life Balanced Advantage Fund are the three well-known mutual fund schemes from Aditya Birla Sun Life that are combined into Pro Investing. The goal is to minimize risks in negative market conditions while maximizing gains during favourable market periods.

Mr. Mahesh Patil (CIO)

Mr Mahesh Patil leads as the Chief Investment Officer (CIO) at Aditya Birla Sun Life AMC Limited. He joined the organization in October 2005 and has received prestigious awards, such as the India CIO of the Year, and Equity by Asia Asset Management in 2016 and 2018. He was also honoured with the Chairman’s Individual Award from The Aditya Birla group in 2015 for his accomplished leadership.

The Aditya Birla Group is one of the biggest companies in India. The Aditya Birla Group and Sun Life Financial Services Inc. of Canada Birla is a partnership between Sun Life Asset Management Company Ltd. (BSLAMC) and Birla Sun Life Mutual Fund. Established in 1994, Birla Sun Life Mutual Fund has become a significant player in India's Mutual Funds sector, managing a wide range of assets for a distributed investor base. Aditya Birla adopts a different investing approach that sets it apart from other traditional investments.

• This AMC has a wide range of varieties of fund schemes.
• Aditya Birla Mutual Fund believes in following strong work ethics.
• Aditya Birla’s funds are top-performing in their respective categories.

This process requires careful analysis of various factors that determine the outcomes. It is important to be mindful of the following factors:

• Goal selection: Make sure your investment objective is attainable. Identify them and plan accordingly.
• Risk tolerance: The higher risk gives better the outcome, but determine how much risk you are willing to take.
• Diversification: It allows you to spread your investments across multiple sectors.
• Educate yourself: Learn and study thoroughly before investing in a specific fund.
• Monitor: Keep track of your investments regularly and make any necessary adjustments.
• Seek advice: It's best to seek the advice of a specialist because mutual funds are linked to market fluctuations.

To summarize, Online SIP allows you to easily invest in mutual fund schemes.

Investing in the Best Aditya Birla Mutual Fund through mysiponline is simple. Here's a simple guide:

• Head to mysiponline.com and choose from Aditya Birla's top mutual funds that align with investment goals.
• Create a free account, fill in your profile details, and add your selected fund.
• Complete your profile, including the online and paperless Know Your Customer (KYC) process.
• Essential documents for your profile include PAN, Aadhar card, Signature, and Bank proof.
• Explore the available mutual funds and add the ones you want to your cart.
• Finalize your payment and patiently wait for the confirmation of your investment.
• Keep an eye on your investments conveniently through your mysiponline.com account.

To summarize, you can utilize the SIP Calculator to examine your annual returns and seek professional help for better results.

The taxation of Aditya Birla mutual funds depends on which category they fall under equity or debt.

Equity-Oriented Mutual Funds

• Short-term Capital Gains (STCG): Taxed at a flat rate of 15% if units are sold within one year of purchase.

• Long-term Capital Gains (LTCG): Gains exceeding Rs. 1 lakh in a financial year are taxed at 10% without indexation if units are sold after one year.

Debt-Oriented Mutual Funds

• Short-term Capital Gains (STCG): Taxed according to the investor's income tax slab rate if units are sold within three years of purchase.

• Long-term Capital Gains (LTCG): Taxed at a rate of 20% with the benefit of indexation if units are sold after three years.