Established in 1994, Aditya Birla Sun Life Mutual Fund, is co-sponsored by Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc.
Having total assets under management (AUM) of Rs. 2,246.49 billion for the quarter ended 30 September 2017, Aditya Birla Sun Life Mutual Fund is the fourth largest fund house in India based on domestic average AUM as published by the Association of Mutual Funds in India. An impressive mix of reach, a wide range of product offerings across equity, debt, balanced as well as structured asset classes and consistent investment performance, has helped the company garner over 4.81 million investor scheme accounts as of 30 September 2017.
With a far-reaching network of 150 branches and other distribution channels, ABSLMF is committed to deepening mutual fund penetration in the country. The company is ceaselessly working to enhance the appeal of mutual funds across a wider set of investors and advisors across India. Part of this effort includes introducing smart solutions, user-friendly services and conveniences, which simplify mutual fund processes with digitisation for both – investors as well as distribution partners. It provides sector specific equity schemes, fund of fund schemes, hybrid and monthly income funds, debt and treasury products and offshore funds.
Aditya Birla Capital Limited (ABCL), the holding company, is a universal financial solutions provider and one of the largest financial services players in India. It is committed to serving the end-to-end financial needs of its retail and corporate customers under a unified brand — Aditya Birla Capital. Delivering a wide range of money solutions for protecting, investing and financing, Aditya Birla Capital serves millions of customers across the country.
Apart from asset management, ABCL has a significant presence across several business sectors including NBFC, life insurance, health insurance, housing finance, private equity, general insurance broking, wealth management, broking, online personal finance management and pension fund management.
Aditya Birla Capital, through its subsidiaries and joint ventures, manages aggregate assets worth Rs. 2,813 billion and has a lending book of Rs.447 billion as of 30 September 2017.