Birla Sun Life
Birla Sun Life Mutual Fund was established in 1994. It is a joint venture between the Indian Aditya Birla Group and the Canadian Sun Life Financial Company. This momentous collaboration brings together experience in the Indian market and combines it with global experience. Birla Sun Life Mutual Fund’s investments are managed by Birla Sun Life Asset Management Co. Ltd.
Aditya Birla Group is one of the largest business houses in India with operations in 26 countries across the world. With a whopping US$29 billion, Aditya Birla Group is in the league of Fortune 500 companies. The company boasts of a strong number of 1,30,000 employees of around 40 different nationalities. Aditya Birla Group has 60% of its revenue coming in from worldwide operations.
Sun Life Financial Company, which was chartered in 1865, is a leading financial services organisation. It is known around the world for providing its individual and corporate customers with a diverse range of wealth accumulation and protection products. Sun Life Financial Company has operations in key worldwide markets.
Birla Sun Life Mutual Fund
Birla Sun Life Mutual Fund aims at giving investors the benefit of diverse investments. It strives to providing customers with minimal time and knowledge regarding investments with a sound financial portfolio. Birla Sun Life Mutual Fund has been consistently known for guiding customers to meet their financial goals.
Birla Sun Life Mutual Fund furnishes investors with one of the most economical ways of earning returns through professional money management. Customers with various investment goals ranging from wealth creation, tax saving, personal savings to regular income building have achieved them with Birla Sun Life Mutual Fund. The company’s mutual fund schemes are customised to suit different parameters including, career paths, inheritance and financial goals of the customers. The schemes offer investors with both conservative as well as aggressive investment plans.
Types of Funds
Birla Sun Life Mutual Fund has a varied range of investment options including equity schemes that are diversified as well as sector specific.Fund of Fund Schemes
The company provides its customers with fund of fund schemes which is a method of investing called ‘multi management’. This scheme is a mutual fund that invests in other mutual funds.Hybrid Schemes
Hybrid schemes are a combination of debt and equity schemes. This scheme provides investors with a mix of debt and equity securities of different proportions.Monthly Income Funds
Monthly income funds are intended to generate monthly income by investing in debt and money market instruments.
Birla Sun Life Mutual Funds have a large range of debt and treasury products, in addition to offshore funds.
Why Choose Birla Sun Life Mutual Fund?
Following are some of the benefits of investing in Birla Sun Life’s Mutual Funds.Strong Team of Analysts
Birla Sun Life Mutual Fund’s investment manager, Birla Sun Life Asset Management Company Ltd. has the world’s largest analysts in the industry.Safety
With concrete commitment towards tracking down the investment industry’s best companies for its investors, Birla Sun Life Mutual Fund has the ongoing adherence to the safety of their customer’s money.Tax Benefits
Moreover, investors stand to save on taxes with Birla Sun Life Mutual Fund as Section 80C of the Income Tax Act, 1961 provides options for saving tax by reducing taxable income. For example, Birla Sun Life Tax Relief 96 offers investors with tax savings.Fixed Income Vehicle
Birla Sun Life Mutual Fund is the investment answer for investors who are seeking a fixed investment vehicle.Wealth Creation
It is also a beneficial solution for investors pursuing wealth creation.Monthly Income Provider
Furthermore, Birla Sun Life Mutual Fund can also suffice as a monthly income provider. It is also beneficial for those looking for short term funds.
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