Aditya Birla Mutual Fund Name & Category Changes: What Investors Need to Know

Aditya Birla Mutual Fund Company is changing the names and category of some of its mutual funds. Mutual fund schemes of many mutual funds are being changed after a recent circular by SEBI. This move by SEBI aims to make investing simpler for investors.

The new rule states that every mutual fund company can only have one mutual fund offering under each category.

Aditya Birla Mutual Fund Names & Category Changes

Some Aditya Birla Mutual Fund names are changing, some are being merged, and in case of some, the category is changing.

Old Fund Names

New Fund Name

Category – Old

Category New

Aditya Birla Sun Life Advantage Fund Aditya Birla Sun Life Equity Advantage Fund Equity-Multi Cap Equity-Large & Mid Cap Aditya Birla Sun Life Balanced 95 Aditya Birla Sun Life Balanced 95 Fund Hybrid-Equity Oriented Hybrid-Aggressive Aditya Birla Sun Life Balanced Advantage Fund Aditya Birla Sun Life Balanced Advantage Fund Hybrid-Equity Oriented Hybrid-Dynamic Asset Allocation Aditya Birla Sun Life Cash Manager Aditya Birla Sun Life Low Duration Debt-Ultra Short Term Debt-Low Duration Aditya Birla Sun Life Cash Plus Aditya Birla Sun Life Liquid Fund Debt-Liquid Debt-Liquid Aditya Birla Sun Life Commodity Equities Fund – Global Agri Aditya Birla Sun Life Commodity Equities Fund – Global Agri Equity-Global Equity-Sectoral/Thematic Aditya Birla Sun Life Constant Maturity 10 Year Gilt Fund Merged with Government Securities Fund Debt-Gilt Debt-Gilt Aditya Birla Sun Life Corporate Bond Fund Aditya Birla Sun Life Credit Risk Fund Debt-Credit Opportunities Debt-Credit Risk Aditya Birla Sun Life Dividend Yield Plus Aditya Birla Sun Life Dividend Yield Plus Fund Equity-Multi Cap Equity-Dividend Yield Aditya Birla Sun Life Dividend Yield Plus Fund Aditya Birla Sun Life Dividend Yield Plus Fund Equity-Multi Cap Equity- Aditya Birla Sun Life Enhanced Arbitrage Fund Aditya Birla Sun Life Arbitrage Fund Equity-Arbitrage Hybrid-Arbitrage Aditya Birla Sun Life Equity Advantage Fund Aditya Birla Sun Life Arbitrage Fund Hybrid-Arbitrage Hybrid-Arbitrage Aditya Birla Sun Life Equity Savings Fund Aditya Birla Sun Life Equity Savings Fund Hybrid-Debt Oriented Hybrid-Equity Savings Aditya Birla Sun Life Floating Rate Fund – LTP Aditya Birla Sun Life Floating Rate Fund – LTP Debt-Ultra Short Term Debt-Floater Aditya Birla Sun Life Gilt Plus PF Plan Aditya Birla Sun Life Government Securities Fund Debt-Gilt Debt-Gilt Aditya Birla Sun Life Govt Securities Fund – Long Term Plan Merged with Aditya Birla Sun Life Savings Fund Debt-Gilt Debt-Ultra Short Duration Aditya Birla Sun Life Income Plus Aditya Birla Sun Life Income Fund Debt-Income Debt-Medium to Long Duration Aditya Birla Sun Life India Opportunities Fund Merged with Aditya Birla Sun Life Digital India Fund Equity-Sector Equity-Sectoral/Thematic Aditya Birla Sun Life India Reforms Fund Merged with Aditya Birla Sun Life Digital India Fund Equity-Multi Cap Equity-Sectoral/Thematic Aditya Birla Sun Life International Equity Fund – Plan A Aditya Birla Sun Life International Equity Fund – Plan A Equity-Global Equity-Sectoral/Thematic Aditya Birla Sun Life Medium Term Plan Aditya Birla Sun Life Medium Term Plan Debt-Credit Opportunities Debt-Medium Duration Aditya Birla Sun Life Mid Cap Fund – Plan A Aditya Birla Sun Life Mid Cap Fund Equity-Mid Cap Equity-Mid Cap Aditya Birla Sun Life MIP Merged with Aditya Birla Sun Life Regular Savings Fund Debt-MIP Hybrid-Conservative Aditya Birla Sun Life MIP II – Savings 5 Merged with Aditya Birla Sun Life Regular Savings Fund Debt-MIP Hybrid-Conservative Aditya Birla Sun Life MIP II – Wealth 25 Aditya Birla Sun Life Regular Savings Fund Debt-MIP Hybrid-Conservative Aditya Birla Sun Life MNC Fund Aditya Birla Sun Life MNC Fund Equity-Sector Equity-Sectoral/Thematic Aditya Birla Sun Life Money Market Fund – – Aditya Birla Sun Life Monthly Income Merged with Aditya Birla Sun Life Regular Savings Fund Debt-MIP Hybrid-Conservative Aditya Birla Sun Life New Millennium Aditya Birla Sun Life Digital India Fund Equity-Sector Equity-Sectoral/Thematic Aditya Birla Sun Life Pure Value Fund Aditya Birla Sun Life Pure Value Fund Equity-Mid Cap Equity-Value Aditya Birla Sun Life Savings Fund Aditya Birla Sun Life Savings Fund Debt-Ultra Short Term Debt-Ultra Short Duration Aditya Birla Sun Life Short Term Fund Aditya Birla Sun Life Corporate Bond Fund Debt-Short Term Debt-Corporate Bond Aditya Birla Sun Life Short Term Opportunities Fund Aditya Birla Sun Life Short Term Opportunities Fund Debt-Short Term Debt-Short Duration Aditya Birla Sun Life Small & Midcap Fund Aditya Birla Sun Life Small Cap Fund Equity-Mid Cap Equity-Small Cap Aditya Birla Sun Life Special Situations Fund Merged with Aditya Birla Sun Life Equity Fund Equity-Multi Cap Equity-Multi Cap Aditya Birla Sun Life Tax Plan Closed Equity-Tax – ELSS Equity-ELSS Aditya Birla Sun Life Tax Savings Fund Merged with Aditya Birla Sun Life Tax Relief 96 Equity-Tax – ELSS Equity-ELSS Aditya Birla Sun Life Top 100 Fund Aditya Birla Sun Life Focused Equity Fund Equity-Large Cap Equity-Focused

Aditya Birla Mutual Funds That Have Not Undergone Any Change

Old Names New Names Old Categories New Categories Aditya Birla Sun Life Banking and Financial Services Fund Aditya Birla Sun Life Banking and Financial Services Fund Equity-Sector Equity-Sectoral/Thematic Aditya Birla Sun Life Dynamic Bond Fund Aditya Birla Sun Life Dynamic Bond Fund Debt-Dynamic Debt-Dynamic Aditya Birla Sun Life Equity Fund Aditya Birla Sun Life Equity Fund Equity-Multi Cap Equity-Multi Cap Aditya Birla Sun Life Frontline Equity Fund Aditya Birla Sun Life Frontline Equity Fund Equity-Large Cap Equity-Large Cap Aditya Birla Sun Life Index Fund Aditya Birla Sun Life Index Fund Equity-Index Equity-Index Aditya Birla Sun Life India GenNext Fund Aditya Birla Sun Life India GenNext Fund Equity-Sector Equity-Sectoral/Thematic Aditya Birla Sun Life Infrastructure Fund Aditya Birla Sun Life Infrastructure Fund Equity-Sector Equity-Sectoral/Thematic Aditya Birla Sun Life Manufacturing Equity Fund Aditya Birla Sun Life Manufacturing Equity Fund Equity-Sector Equity-Sectoral/Thematic

Aditya Birla Sun Life Fund Names Changed: What to Do?

If Mutual Fund Name & Category Has Changed

If there is a category change, you might have to change your strategy of investment. These drastic changes are largely in equity mutual funds. Debt funds category names have changed too but there isn’t much difference in their investment style.

If you are confused, contact your mutual fund advisor for guidance on this issue.

If Mutual Funds Are Being Merged

If mutual funds are being, you need not worry as the mutual fund company will take care of the merger. Since in the above mergers, there is no real category change, you do not need to make any changes to your investment strategy.

If Only Mutual Fund Name Has Changed

If only the name of the mutual fund has changed, then there is no need to worry or do anything. You can simply continue investing as you already were.

Why are Aditya Birla Mutual Fund Names and Categories Changing?

There are several mutual funds offered by various mutual fund companies. Many of these are in effect duplicates of each other. Further, they also have names that might confuse and intimidate a new investor.

Keeping this in mind, SEBI has decided to recategorize mutual funds and schemes. It has also mandated that each mutual fund company can only have one mutual fund under each category.

Thus, all mutual fund companies are renaming, recategorizing, and merging mutual funds to comply with this circular by SEBI.

 To see the best mutual funds to invest from every category, see: The 30 Best Mutual Funds to Invest in 2018 – Groww 30. Happy investing! Disclaimer: the views expressed here are of the author and do not reflect those of Groww.                                                                                  Mutual Fund Calculator SIP Calculator PPF Calculator EMI Calculator Lumpsum Calculator PF Calculator Car Loan EMI Calculator Mutual Fund Return Calculator Gratuity Calculator Personal Loan EMI Calculator SWP Calculator HRA Calculator Home Loan EMI Calculator Sukanya Samriddhi Yojana Calculator CAGR Calculator SBI EMI Calculator FD Calculator GST Calculator SBI Personal Loan EMI Calculator RD Calculator HDFC EMI Calculator SBI Home Loan EMI Calculator NPS Calculator HDFC Personal Loan EMI Calculator SBI PPF Calculator Simple Interest Calculator HDFC Home Loan EMI Calculator SBI RD Calculator Compound Interest Calculator HDFC FD Calculator SBI SIP Calculator Interest Rate Calculator HDFC RD Calculator SBI FD Calculator