At the end of every radio spot or TVC selling Mutual Funds, you’ll hear an all too familiar voiceover: “Mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.”
Regardless of how slowly or speedily these words are uttered, they are difficult to ignore. But once you do brush past the initial ring of a warning, you realize they’re simply a regulatory requirement. It’s better to take it with a pinch of salt and continue investing, albeit with research - because choosing not to invest and save your money is unarguably a bigger risk.
Located in over 260+ locations across the country, one of the most popular Fund Houses is (you guessed it right) Aditya Birla Sun Life Mutual Fund. Last year, its AUM, as recorded by the Aditya Birla Group, were nearly equal to a whopping “Rs 2423 billion”. Therefore, it doesn’t come as a surprise that “ABSLMF is one of the leading Fund houses in India”, verified by the Association of Mutual Funds of India (AMFI). Another impressive figure is the number of investor folios they boast of: 6.8 million, to be precise.
As if these figures and stats weren’t impressive enough, let’s look at 4 benefits of investing in Birla Sun Life Mutual Funds.
1) Investing made simple:
Investing in ABSLMF is a simple, straightforward process, regardless of how new or experienced you are in the world of investing. After selecting the fund of your choice, you’re simply required to complete the KYC process (which can also be done via a video call!) and upload your documents before you start investing!
The Mutual Fund Advisors on board are qualified and experienced to handle all kinds of cases. They are present at every step of the way on your investment journey and after that too. Due to their extensive knowledge of all fund-related options in the market, they can help you make the best decision depending on your investment needs.
2) Easy Fund Scheme selection:
With over 20 years of experience, ABSLMF offers a plethora of mutual fund schemes, catering to the wide-ranging needs of customers. Varying in risk, returns and fund objectives, the options are endless. Their 4 primary fund classes include Equity Funds, Debt Funds, Income Funds and ELSS funds.
The Aditya Birla Sun Life Mutual Fund has multiple schemes to choose from, which let you pick your Investment Solution, Fund Category and Fund Sub-category. This ensures a well-defined analysis that helps you make an informed choice about a fund scheme suitable to your needs.
You can also calculate and find out the long-term returns of each scheme and the plausible net asset value, depending on assets under management.
3) Fund Scheme Solutions:
Birla Sun Life’s Mutual Fund schemes include Saving Solution, Income Solution, Wealth Creation and Tax Solution. While all four schemes are tax efficient, they offer varied advantages that make each of them stand out.
- Saving Solution and Income Solution provide regular income and are characterized by low-risks. They are suitable for retired individuals and first-time investors.
- Wealth creation basically involves long-term investments and caters to individuals who want to save for their child’s higher education, marriage, international trip, etc.
- Lastly, Tax Saving Solution, as the name suggests, is a two-fold solution: it focuses on decreasing taxes while also growing money through equity investments.
These schemes are ideal for both new and seasoned investors, thereby providing an easy passageway to investing, regardless of the amount size.
4) Systematic Investment Plans (SIP):
A little patience leads to a big pay-out. Systematic Investment Plan offerings are one of the major reasons why investing in ABSLMF is a piece of cake. Using the SIP route, you can start with amounts as small as Rs. 500 and due to its consistency mandate, it ensures that the investment becomes a priority and doesn’t just get lost in your to-do-list. It protects you from market fluctuations and helps minimize investment risk thanks to rupee cost averaging. SIP begins with Goal Based Planning, which requires you to pick a wealth, education, travel, retirement-related or any other goal. It then calculates the time and money required to achieve that goal. With SIP, as time passes, your money grows; thereby seamlessly showcasing the relationship between the two. You can choose to invest monthly, quarterly or yearly, which makes it a flexible investment process.
The most important thing, however, is to take the leap and start investing. Get started with investing in Birla Sun Life Mutual Fund right now!