How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

Aditya Birla Sun Life Banking & PSU Debt Fund - retail - monthly IDCW - Investment Information

Debt
Banking and PSU
Status: Closed

About This Fund

Aditya Birla Sun Life Banking & PSU Debt Fund - retail - monthly IDCW The fund seeks to generate higher returns with greater stability from a portfolio of debt and money market instruments with relatively low levels of interest rate risk.

Investment Details

Fund size

₹9,074.45 Cr.

Min. Investment

₹10,000

Min. Sip Inv.

₹1,000

Min. Addl Inv.

₹1,000

Expense Ratio

0.63%

Turn over

0.0%

Exit Load

Nil

Basic Details

AMC Information

All Funds from Aditya Birla Sun Life

AMC

Aditya Birla Sunlife Mutual Fund

care.mutualfunds@adityabirlacapital.com

Office No

022-43568000

Website

https://mutualfund.adityabirlacapital.com

Address

One World Center,Tower 1, 17th Flr, Jupiter Mills,Senapati Bapat Marg,Elphinstone Road Mumbai 400 013

All Funds from Aditya Birla Sun Life

Monthly SIP

One Time

SIP Amount

₹

Monthly SIP Date

Fund Suspended: Currently this fund is not available for Investments.

Aditya Birla Sun Life Banking & PSU Debt Fund - retail - monthly IDCW

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Frequently Asked Questions

Everything You Need To Know To Get Started With Confidence

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.