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Birla Sunlife Mutual Fund vs Axis Mutual Fund

By archana singh

Investing in mutual funds is quite an old concept, not considered as a traditional one though. However, lately, mutual funds have started to gain popularity as a reliable investment option. There are several financial institutions that offer promising growth in mutual funds.

This article deals with the comparison of Birla Sunlife Mutual Fund and Axis Mutual Fund, in particular.

What Do You Mean By Mutual Funds?

At the onset, let us have an understanding of what do you mean by mutual funds. An understanding of the concept will help us compare Birla Sunlife Mutual Fund and Axis Mutual Fund in a better manner.

A mutual fund is defined to be a group of savings created or contributed by multiple investors. This common fund is later on invested into asset classes like liquid assets, debt, equity, etc.

The Word Mutual in Mutual Fund

In a mutual fund, all the gains, losses, risks, rewards, etc. generated out of or associated to the investment are shared by all the investors in proportion to the contributions done by them.

Factors to Be Considered While Investing In Mutual Funds

There are multiple factors to be looked at while investing in any mutual fund. Mutual fund ratings are based on factors such as past performance, net asset value (NAV), expense ratios, risk quotient, etc. A mutual fund that is good in all these aspects may be considered to be an ideal investment choice.

While looking at the past returns of a particular mutual fund, your judgment should not be based on a single time frame. Every mutual fund is formulated in a different way catering to varying requirements. For instance, a particular fund that may have been listed amongst the best ones over the past 5-6 years may not be even amongst the first 20s in the previous year.

In mutual funds, what may out-power everything else is the consistency in delivering good returns over the years. Comparing NAV, assets under management (AUM), expense ratio could be secondary aspects while making a choice on the mutual fund. It depends what you deem more important for your investment.

Birla Sunlife Mutual Fund Vs Axis Mutual Fund

Birla Sunlife Mutual Fund and Axis Mutual Fund are both leading institutions dealing with mutual funds. Birla Sunlife Mutual Fund is an older one though. There are different types of mutual funds based on the fund categories. Both these financial institutions would be compared based on the different fund categories that they offer.

 Birla Sunlife Mutual Fund

Birla Sunlife Mutual Fund is a combined undertaking amid the Aditya Birla Group in India and the Sunlife Financial Company in Canada. It was established in the year 1994. Birla Sunlife Asset Management Co Ltd manages the investments of Birla Sunlife Mutual Fund.

Birla Sunlife (BS) offers quite a wide range of investment choices such as Hybrid Schemes, Fund of Fund Schemes and Monthly Income Funds.

  • Large Equity Cap-Oriented Funds

Aditya BS Equity Frontline Fund (G)

Last NAV (in INR per unit)

Three year fund returns (%)

AUM (in Crore INR)

Expense Ratio in %

211.400

13.9

18968.99

2.11

 

Birla Sunlife Mutual Fund has been a consistent performer in the equity category of funds. The details are as follows,

Aditya BS India GenNext Fund (G)

Last NAV (in INR per unit)

Three year fund returns (%)

AUM (in Crore INR)

Expense Ratio in %

76.220

20.2

663.38

2.57

 

  • Monthly Income Plan-Aggressive

BS Life MIP II – Wealth 25 Plan

Last NAV (in INR per unit)

Three year fund returns (%)

AUM (in Crore INR)

Expense Ratio in %

38.908

14.1

2353.14

2.11

 

Why Birla Sunlife Mutual Fund?

Here are some reasons why you may consider Birla Sunlife Mutual Fund as an investment option.

  • Birla Sunlife holds a commitment to track the best enterprises of the investment industry, thus offering safety to the customer’s hard-earned money.
  • Birla Sunlife serves as a fixed investment vehicle.
  • Birla Sunlife Mutual Fund also serves as a monthly income option and is beneficial for short-term funds investors.
  • Birla Sunlife Asset Management Company Ltd employs a strong team of analysts, conducting extensive analysis to empower decision making for its customers.
  • Birla Sunlife Mutual Fund also offers tax benefits. For instance, Birla Sun Life Tax Relief 96 offers investors with tax savings.
  • Wealth creation is another benefit one can reap out of Birla Sunlife Mutual Fund.

Axis Mutual Fund

Axis Mutual Fund holds a client base of over 20 lakh active investors and is available to investors across 90 cities. It was launched in the year 2009 with around 50 mutual fund schemes.

Axis Bank also offers a wide range of mutual fund types such as liquid funds, gilt funds, debt funds, Equity Linked Security Scheme (ELSS), Hybrid or Balanced Funds, Gold Funds and Arbitrage Funds.

The below table will give you an understanding of the AUM trend of Axis Mutual (AM) Fund and Birla Sunlife Mutual Fund.

Assets Under Management in crore INR

Mutual Funds

September 2017

December 2017

Change

Change %

AM Fund

69,088

73,372

4,284

6.20

Aditya BS Mutual Fund

224,650

241,107

16,457

7.33

 

Let us now have a look at the NAV of some of the Axis Mutual Funds.

Name of the Fund

NAV (as on 29 November 2017)

Axis Equity Long Term Fund- (G) Regular Plan

10.01

Axis Equity Dynamic Fund- (G) Regular Plan

40.4976

Axis Fund Equity - Regular (G) Plan

10.3

Axis Liquid Fund- (G) Regular

1876.85

Axis Equity Long Term Fund- (G) Regular Plan

40.4976

Axis Gold Fund- (G) Regular Plan

9.2056

Axis Constant Maturity 10 Year Fund- Regular (G)

15.0824

Axis Short Term- Regular (G) Plan

18.55

 

Why Axis Mutual Fund?

Axis Mutual Fund offers a lot of benefits. Some of the benefits are mentioned below.

  • Axis Bank offers about 73 mutual fund schemes. This reduces the overall risk, renders diversification of the portfolio and growth of capital.
  • Axis Bank offers a separate relationship manager in order to guide you and help you plan your investments.
  • Axis Mutual Fund is a SEBI regulated product. SEBI monitors all the activities pertaining to its mutual funds.
  • Axis Mutual Fund offers completely tax-free dividend.
  • Axis Bank also employs a strong and expert advisory team that conducts qualitative and quantitative analysis for you to make the right choice.

Hope you’ve got a fair idea of Axis Mutual Fund as well as Birla Sunlife Mutual Fund. Remember, mutual funds are a form of investment and hence, needs to be solicited by experts.

 

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