Birla Sun Life Insurance launches Super 20 fund (2024)

MUMBAI: Birla Sun Life Insurance (BSLI), on Monday announced the launch of 'Super 20', its new fund offering.

It is a large-cap fund that will invest in 20 fundamentally strong large-cap stocks resulting in long-term capital appreciation for policy-holders, a press release issued here said.

Through this fund, policy-holders will get an exciting avenue to diversify their financial investments and an opportunity to participate in a niche portfolio of 20 stocks.

Being large-cap-oriented, the fund is designed to provide stability and liquidity to the fund during turbulent times, the release said.

The strategy of the fund would be to build and actively manage an equity portfolio of 20 fundamentally strong large-cap stocks in terms of market capitalisation by following an in-depth research-focused investment approach.

BSLI's Chief Investment Officer, Vikram Kotak, said that "we decided to launch `Super 20' fund to provide policy-holders the opportunity to invest in premium quality stocks, holding leadership position in their respective industries and in financially strong companies thereby providing a favourable risk-return profile over the long-term."

Birla Sun Life Insurance launches Super 20 fund (2024)

FAQs

What is the new name of Birla Sun Life? ›

Company Name Change of Aditya Birla Sun Life AMC Ltd.
Old Company NameNew Company NameDate
Birla Sunlife Asset Management Co. Ltd.Aditya Birla Sun Life AMC LimitedJul 10, 2017

What is the return of Birla Sun Life Mutual Fund? ›

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.15% & 6.79%. The Aditya Birla Sun Life Floating Rate Direct Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

What is the surrender value of Birla Sun Life? ›

The surrender value of Aditya Birla Sun Life Insurance policy is calculated as a single premium multiplied by 75% of the outstanding term to the total term.

What is the issue price of Aditya Birla Sun Life Insurance? ›

Aditya Birla Sun Life AMC IPO is a main-board IPO of 38,880,000 equity shares of the face value of ₹5 aggregating up to ₹2,768.26 Crores. The issue is priced at ₹695 to ₹712 per share.

Who owns Aditya Birla Sun Life? ›

Who owns Sun Life Aditya Birla? ›

Aditya Birla Sun Life Insurance
Company typePublic
AUM₹70,05,109 lakh (2023)
OwnerAditya Birla Capital (51%) Sun Life Financial Inc. (49%)
ParentAditya Birla Capital Ltd (ABCL)
Websitelifeinsurance.adityabirlacapital.com
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Which is best mutual fund in Aditya Birla Sun Life? ›

The top schemes in terms of AUM are Aditya Birla Sun Life Liquid fund, Aditya Birla Sun Life Frontline Equity Fund, and Aditya Birla Sun Life Corporate Bond Fund. Aditya Birla Sun Life AMC has 78.9 lakhs investor folios and a presence in over 290 locations across the country as on September 30, 2023.

What are the top 3 mutual funds of Aditya Birla? ›

List of Aditya Birla Sunlife Equity Mutual Funds in India
Fund NameCategoryRating
Aditya Birla Sun Life Mid Cap Direct FundEquity2
Aditya Birla Sun Life Pure Value Direct FundEquity1
Aditya Birla Sun Life Frontline Equity Direct FundEquity3
Aditya Birla Sun Life Equity Hybrid '95 FundHybrid2
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Is it good to invest in Aditya Birla Sun Life? ›

Yes, you can go ahead and invest in Aditya Birla Sun Life Tax Relief 96 Fund. The fund is good for investors seeking tax saving along with long term capital growth. As far as portfolio is concerned around 80% of its assets are invested in equity, remaining invested in debt and money market instruments.

How do I withdraw my Birla Sun Life policy? ›

Reason(s) for the surrender of the policy, along with the surrender form, need to be submitted to the nearest official branch of Aditya Birla Sun Life Insurance. This surrender form can be downloaded online from the official website of the company.

Can I withdraw money from Aditya Birla Sun Life Insurance? ›

Complete the forms accurately, including policy details and personal information. Submit the filled forms and required documents to the nearest branch or online. The withdrawal amount will depend on factors like policy duration, premium payments, and applicable charges.

Is Aditya Birla Sun Life Insurance Safe? ›

Financial Stability. As a joint venture of Aditya Birla Group and Sun Life Financial Inc., Birla Insurance Company has a strong financial stability and reputation in the insurance industry. As per the IRDAI annual report of 2021-22, Aditya Birla Sun Life Insurance secured a solvency ratio of 1.88.

How can I check my Aditya Birla Sun Life Fund value? ›

Go to the official website of Aditya Birla Sun Life Insurance. Navigate to the “Where Do I” section on the website. Click on “Know Your Funds” and then select the type of fund details you want to check. On the dashboard or summary page, you should be able to view the fund value of your policy.

What is the ranking of Aditya Birla Sun Life Insurance in India? ›

List of India's Best Life Insurance Providers
No.CompanySolvency Ratio
8Aditya Birla SunLife Insurance Company Limited1.88
9TATA AIA Life Insurance Company Limited1.89
10IndiaFirst Life Insurance Company Limited1.65
11PNB MetLife India Insurance Company Limited1.87
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How can I check my Birla Sun Life policy balance? ›

You can call the company's customer service department and request them to provide an update on your policy status. When you call the customer service, it is better to keep the policy number ready with you. You may reach Aditya Birla Sun Life customer care on 1800 270 7000 (toll free).

What are the new brands of Aditya Birla? ›

Tasva. Tasva, a collaboration between Aditya Birla Group & ace couturier Tarun Tahiliani, was launched at the ghats of Banaras on 9th Dec 2021, with the ambition of changing the entire experience of wearing traditional and fusion Indian clothing into that of comfort with style.

What is the new company of Aditya Birla Group? ›

Aditya Birla Group plans to venture into two new businesses of decorative paints and gold jewellery business this year. While the Group has housed the paints business under Grasim Industries, it has incorporated a new entity Novel Jewels.

Is the name of Birla Sun Life Long Term Advantage Fund changed? ›

Birla Sun Life Mutual Fund has decided to change the name of the scheme from Birla Sun Life Long Term Advantage I to Birla Sun Life Small and Midcap Fund. It will also change its benchmark from BSE 500 to S&P CNX Midcap Index.

What is the other name of Aditya Birla? ›

Aditya Vikram Birla Birla

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