Investment Objective and Approach

The scheme seeks to generate consistent income through superior yields on its investment. This debt mutual fund follows a medium to long-term duration strategy, focusing on providing stable returns through a diversified portfolio of fixed income securities.

The fund primarily invests in:

- Government securities and bonds

- Corporate bonds with high credit ratings

- Money market instruments

- Bank deposits and certificates of deposits

The investment approach emphasizes capital preservation while generating steady income through fixed income instruments. The fund aims to deliver better risk-adjusted returns by maintaining a balanced portfolio across various debt securities with different maturity profiles.

Fund Managers

Pranay Sinha, Ashish Kela is the Current Fund Manager of Aditya Birla Sun Life Income Fund Direct Growth fund.

Pranay Sinha brings substantial expertise to the fund management. Pranay has an overall experience of close to 13 years, with over a decade in fund management and trading in Indian Rates markets. Pranay has done his MBA from IIM Kolkata and holds a B.Tech degree in Aerospace Engineering from IIT Kharagpur. Prior to joining ABSLAMC in 2014, Pranay has worked with BNP Paribas Bank, Morgan Stanley Investment Management Private Limited and ICICI Prudential Asset Management Company Limited.

The fund management team's expertise in fixed income markets and risk management ensures disciplined investment decisions aligned with the fund's objectives.

About the Fund House (AMC)

Aditya Birla Sun Life Mutual Fund is one of India's leading asset management companies. Aditya Birla Sun Life Mutual Fund was established in 1994 as a joint venture between the Aditya Birla Group, and the Sun Life Financial Inc. of Canada. Since then, it has grown to become one of the major AMCs in India. An impressive blend of wide reach, smart product offerings and consistent investment performance has helped the fund house to generate large number of investor folios.

Key highlights of ABSL Mutual Fund:

- With cumulative average assets under management (AUM) of Rs. 3.31 Lakh Crores as of March 31, 2024

- Our PAN-India presence across 290+ locations*, serves investors all around the country

- Our exemplary asset management skills and consistent risk-adjusted performance are backed by 30 years of strong research and expert fund management

- We are a joint venture between Aditya Birla Group and Sun Life Financial Inc, one of the leading international financial organizations

The fund house offers a comprehensive range of mutual fund schemes catering to different investment objectives and risk profiles.

Should I Invest in Aditya Birla Sun Life Income Fund?

This fund may be suitable for investors who:

Consider investing if you:

- Seek stable income with moderate risk

- Have a medium to long-term investment horizon (3-5 years)

- Want exposure to high-quality debt securities

- Prefer professional debt fund management over direct bond investments

- Are looking for better returns than traditional fixed deposits

Key considerations:

- Aditya Birla Sun Life Income Fund - Growth - Regular Plan has an Asset Under Management (AUM) of 2303.58 as on 2025-05-09

- The fund has an expense ratio of 1.16, which is quite reasonable as compared to most other debt mutual fund schemes

- The min. SIP amount to invest in this scheme is ₹1000

Risk factors to consider:

- Interest rate risk affecting bond prices

- Credit risk from corporate bond holdings

- Market volatility can impact short-term returns

- Inflation risk affecting real returns

The fund is ideal for conservative investors seeking steady income generation with relatively lower volatility compared to equity funds.

FAQs

What is today's NAV of Aditya Birla Sun Life Income Fund?

The NAV varies daily based on market conditions. You can check the latest NAV on Allvest or the official ABSL Mutual Fund website for real-time updates.

What is the AUM of Aditya Birla Sun Life Income Fund?

Aditya Birla Sun Life Income Fund - Growth - Regular Plan has an Asset Under Management (AUM) of 2303.58 as on 2025-05-09. The AUM reflects investor confidence and fund stability.

What is the expense ratio of Aditya Birla Sun Life Income Fund?

The fund has an expense ratio of 1.16, which is quite reasonable as compared to most other debt mutual fund schemes. Direct plans typically have lower expense ratios than regular plans.

What are the returns of Aditya Birla Sun Life Income Fund since inception?

Aditya Birla Sun Life Income Fund Direct-Growth scheme return performance in last 1 year is 10.84%, in last 3 years is 24.34% and 159.39% since scheme launch. Past performance doesn't guarantee future returns.

What is the minimum SIP amount to invest in Aditya Birla Sun Life Income Fund?

The min. SIP amount to invest in this scheme is ₹1000. This makes it accessible for regular investors to start systematic investments.

How do I invest in Aditya Birla Sun Life Income Fund?

You can invest through Allvest by completing your KYC, selecting the fund, choosing between SIP or lump sum, and making the payment. The process is completely digital and hassle-free.

How to start a SIP in Aditya Birla Sun Life Income Fund?

Log into your Allvest account, select Aditya Birla Sun Life Income Fund, choose 'Start SIP', set your monthly investment amount and date, then set up auto-debit for seamless investing.

How do I automate an SIP in Aditya Birla Sun Life Income Fund?

Enable auto-debit through bank mandate or UPI autopay when setting up your SIP on Allvest. This ensures automatic monthly investments without manual intervention.

How can I withdraw/redeem my investment in Aditya Birla Sun Life Income Fund?

You can redeem your investments through Allvest by selecting the fund, choosing partial or full redemption, and specifying the amount. The proceeds will be credited to your registered bank account within 3-4 business days.