Meta Title

Aditya Birla Sun Life Conglomerate Fund - Direct Growth | NAV, Performance & Investment Guide

Meta Description

Invest in Aditya Birla Sun Life Conglomerate Fund Direct Growth online. Get latest NAV, returns, portfolio analysis, and investment options with minimum SIP of ₹100.

Investment Objective and Approach

The fund seeks to achieve long-term capital appreciation by investing in equity and equity related securities of companies that follow conglomerate theme. The scheme allocates a minimum of 80% (up to 100%) of its net assets to equity and equity-related instruments of companies within the conglomerate theme, with up to 20% of the net assets invested in equity and equity-related instruments of companies outside the conglomerate theme.

The fund is an open-ended equity mutual fund scheme that primarily invests in equity and equity-related instruments of large Indian conglomerates, aiming to generate long-term capital appreciation by leveraging the growth potential of well-established and diversified businesses across sectors.

The fund's investment strategy involves selecting firms with strong management, robust financials, and a proven track record of navigating various market conditions. Its wide investment universe spans 169 companies across 22 sectors, aiming to identify opportunities within this space to deliver long-term value to investors.

The scheme benchmarks its performance against the BSE Select Business Groups Index.

Fund Managers

The fund is jointly managed by two experienced professionals:

Harish Krishnan (Co-CIO and Head Equity)

Mr. Harish Krishnan is Co-CIO and Head Equity at Aditya Birla Sun Life AMC Limited. He has nearly 20 years of experience in the Asset Management industry, both domestically and internationally. Prior to joining ABSLAMC, he was associated with Kotak Mutual Fund for more than 10 years as Senior Fund Manager - Equity. He has also worked at Kotak Mahindra (UK) Limited where he managed offshore funds based out of Singapore and Dubai. He holds a Bachelor's Degree in Engineering from Government College, Trichur and has done his PGDBM from IIM Kozhikode. He is also a Chartered Financial Analyst from CFA Institute, USA.

Kunal Sangoi (Fund Manager and Senior Analyst)

Kunal Sangoi is a Fund Manager and Senior Analyst with Aditya Birla Sun Life AMC Limited (ABSLAMC). Kunal comes with an experience of 20 years in capital markets, in the areas of equity research and portfolio management. At ABSLAMC, he is responsible for managing select equity funds as per the given mandate and specialises in the Technology, Internet, Media and Telecom sectors. He has been with ABSLAMC since 2012, and was previously associated with Edelweiss Financial Services Ltd. in its Institutional Equity Research team as Senior Analyst. Kunal is a Chartered Accountant by qualification.

About the Fund House (AMC)

Aditya Birla Sun Life Mutual Fund is a joint venture between Aditya Birla Group and Sun Life Financial Inc, one of the leading international financial organizations. The fund house is one of the leading asset managers in India, servicing around 8.25 million investor folios with a PAN-India presence across 290+ locations. Their exemplary asset management skills and consistent risk-adjusted performance are backed by 30 years of strong research and expert fund management.

With cumulative average assets under management (AUM) of Rs. 3.31 Lakh Crores as of March 31, 2024. The primary commitment of ABSLMF is to increase mutual fund penetration in India.

The fund house has a robust investment process and offers a comprehensive range of mutual fund schemes across various categories to cater to different investor needs and risk profiles.

Should I Invest in Aditya Birla Sun Life Conglomerate Fund?

This fund is suitable for investors who:

- Seek long-term wealth creation: The fund is well-suited for equity investors seeking long-term growth through a thematic fund focused on India's conglomerate ecosystem.

- Want diversified exposure: Investing in the fund offers exposure to diversified, multi-industry companies, potentially reducing sector-specific risks. This thematic approach provides a balanced investment avenue for those seeking stability and growth across various sectors.

- Have high risk tolerance: The Aditya Birla Sun Life Conglomerate Fund Direct Growth is rated Very High risk.

- Comfortable with thematic investing: The fund follows a conglomerate theme, focusing on well-established business groups with diversified operations.

Key Investment Highlights:

- Minimum SIP Investment is set to ₹100 and Minimum Lumpsum Investment is ₹100.

- Exit load is 0.5% if redeemed in 0-90 Days.

- The expense ratio is 0.59%.

- The New Fund Offer (NFO) opened on December 5, 2024, and closed on December 19, 2024. Following the allotment, the fund reopened for regular purchases and redemptions within five business days.

However, investors should be aware of potential risks including concentration risk due to the thematic focus, liquidity risks, and exposure to economic and political changes that may impact the underlying investments.

FAQs

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

The NAV changes daily based on market movements. You can check the current NAV on Allvest or the fund house website for the most up-to-date information.

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

The AUM of the fund is ₹1647 Cr as of July 2025. AUM represents the total assets managed by the fund and indicates investor confidence and fund size.

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

The expense ratio is 0.59%. This fee covers fund management, administrative costs, and other operational expenses.

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

The fund has given a CAGR return of 5.70% since inception. Past performance doesn't guarantee future returns, and equity investments carry market risks.

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

Minimum SIP Investment is set to ₹100. This low minimum makes the fund accessible to a wide range of investors starting their investment journey.

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

You can invest through Allvest's platform online by completing your KYC, selecting the fund, and choosing between SIP or lumpsum investment options for hassle-free investing.

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

Log in to your Allvest account, search for the fund, select 'Start SIP', choose your investment amount and frequency, and set up auto-debit instructions for regular investments.

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

Enable auto-debit facility through Allvest by providing bank account details and setting up NACH mandate for seamless monthly deductions without manual intervention.

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

You can redeem investments through the AMC's mobile app or website by logging in and selecting either a specified amount or number of units to redeem. Alternatively, use Allvest's platform for easy redemption.