FAQs OF SALARY SIP

1. Disciplined Investing: It helps in cultivating a disciplined approach towards investing by automating the investment process.

2. Convenience: Since the investment is deducted directly from your salary, it eliminates the hassle of manual investing each month.

3. Long-term Wealth Creation: By investing consistently over time, you can potentially build substantial wealth for your future financial goals.

The employee/ investor can discover the login links either from their HRMS portal (attendance/ payroll portal) or from the educational mails or/and WhatsApp received from their employer’s side.
Link:- https://rb.gy/439guf

1. Click on the employee login URL (which can be discovered either from their HRMS portal (attendance/ payroll portal) or from the educational mails or/and WhatsApp received from their employer’s side). Link: - https://rb.gy/bq0r1g

2. Login with their official email address

3. Enter the OTP received on their official email address.

4. Select the folio and the fund in which one wants to invest.

5. Click on Opt In and read about the fund on the fund page which opens on the pop-up window.

6. Enter the amount.

7. Check the terms and conditions.

8. Enter the OTP for validation (The OTP is sent on the employee’s official email id) and complete the process by clicking on validate.

The employee or investor can click on the information (i) button adjacent to the fund name on the platform's homepage to access detailed information about it.

Yes, the employee has the flexibility to choose from a wide range of Aditya Birla Sunlife AMC’s funds based on their risk appetite, investment goals, and time horizon. It's advisable to select funds that align with your financial objectives and risk tolerance.

The duration of your Salary SIP investments depends on your financial goals, risk tolerance, and investment horizon. It's generally advisable to stay invested for the long term to benefit from the power of compounding and ride out market fluctuations effectively.

• Click on the employee login URL (which can be discovered either from their HRMS portal (attendance/ payroll portal) or from the educational mails or/and WhatsApp received from their employer’s side). Link: - https://rb.gy/mxvwjt

• Login with the official email address

• Enter the OTP received on their official email address.

• Select the transaction the employee wants to change (top up or modify the amount).

• Click on modify and make the change.

• Validate the same by entering the OTP received on their official email address.

Yes, the employee can switch investments between different fund within your Salary SIP portfolio. They can reallocate their investments based on changes in market conditions, fund performance, or their investment objectives.

1. Click on the employee login URL (which can be discovered either from their HRMS portal (attendance/ payroll portal) or from the educational mails or/and WhatsApp received from their employer’s side). Link: - https://tinyurl.com/yckk4ej9

2. Login with the official email address

3. Enter the OTP received on their official email address.

4. Select the transaction the employee wants to Opt Out from.

5. Click on Modify and select the toggle button for Opt Out.

6. Enter the OTP for validation (The OTP is sent on the employee’s official email id) and complete the process by clicking on validate.

If employees prefer a specific fund from Aditya Birla Sunlife AMC but do not find it available on the Salary SIP platform, they can communicate their interest to their HR. Aditya Birla will then ensure that the fund is made available on the platform.

Upon confirmation of the transaction by the employee's corporate, the units are allocated to the investor or employees.

There is no Lock in period to Opt Out of the Salary SIP Platform. You can redeem your investments partially or fully at any time, subject to the terms and conditions of the mutual fund scheme.

In Salary SIP, the employee merely mandates the platform, and the deduction occurs directly from their salary. Consequently, they receive their salary with the suggested or mandated deducted amount.

If the employee or investor is not KYC compliant or does not have a folio with Aditya Birla Sunlife AMC, their KYC or folio creation journey will commence after the opt-in process. The entire process is integrated within the Salary SIP system, eliminating the need for the employee to navigate outside of it.

Required documents for KYC and Folio Creation

1. PAN card (Proof of Identity)

2. Address proof.

3. Upload Photo

4. Upload signature.

5. Bank Details

6. FATCA Details

7. Nominee Details

The bank account, email address and phone number which the investor had mentioned while creating is folio creation is linked to their folio.

After clicking "Opt In," the employee's listed folios become activated. Subsequently, the employee can choose the folio in which they wish to invest.

It's prudent to review their Salary SIP investments periodically, typically one can check their investement every day. During these reviews, assess the performance of your mutual fund portfolio, evaluate if it aligns with your financial goals, and make any necessary adjustments based on changes in your financial situation or market conditions.

An employee can initiate a redemption through the ABSLMF investor app. However, until they choose to Opt Out of the Salary SIP Platform, deductions will continue to be made from their salary.

Steps of Redemption: -

1. Download the the Aditya Birla Investor App (for Playstore and App store: http://onelink.to/4w7pqu

2. On the homepage go to “Transact Now” (placed at the bottom of the homepage)

3. Select the scheme and amount.

4. Click on Proceed

5. Enter the OTP received on the registered phone number.

6. Redemption request received.

On redemption the employee gets the money in the bank account mentioned in the folio.

If the employee/ Investor moves out of the organization, his monthly deduction stops. However, the amount which is invested stays invested till the time he/she does a redemption from the investor app.