Aditya Birla Sun Life Advantage Fund: Smart Planning for Secured Future

We Indians have always been a step ahead in planning any kind of event or process of life. Even when it’s about starting a family, everything from start to end is planned. But what happens when a child is born in the family. Big Plans are contrived for child’s future like his higher education in abroad, marriage, congregating the fund for future business plans, etc. For this, they follow up traditional approach of buying insurance policies, opening savings and fixed deposits accounts in banks, etc. Are these methods of achieving handsome savings enough to meet the future goals when inflation is growing at an equal rate? No! Just savings won’t help; one needs to take wise and canny step by choosing to invest in mutual funds. Well, Aditya Birla Sun Life Mutual Fund has made your work easy by bringing one of the eminent funds from its knapsack i.e., Aditya Birla Sun Life Advantage Fund. Aditya Birla AMC, established in 1994, is a joint venture between Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc.

Let us have a look at the fund’s foundations.

Get Acquainted with the Fundamentals of Aditya Birla Sun Life Advantage Fund Growth: 

This is an open-ended growth multi-cap scheme with an objective of long-term capital growth with moderate risks having a highly diversified research-based approach.

Fund Facts:

• It was lofted in the market on February 23, 1995 for the first time. 
• Aditya Birla Sun Life Advantage Fund G has the current NAV of 420.02 as on February 12, 2018.
• The Benchmark that is used to compare growth is S&P BSE 200.
• Fund is managed by Mr. Satyabrata Mohanty, who is a professional expert having an experience of more than 15 years.
• Risk factor works fine for those who can bear moderately high risk which is lower than the small and mid-cap but higher than the large-cap companies.
• No entry load for the fund but exit load of 1% on redemption before 365 days is charged.

Comparing the Performance of the Fund with the Benchmark:

Fund’s Top Holdings:

 Delving into the Advantages of Investing in Aditya Birla Sun Life Advantage Fund Growth:

• Flexibility: In spite of investing in just one category of companies, investors get the advantage of investing in any cap-sized company to cater growth and lower down risks.
• Risk Mitigation: Because of high diversification, risk is lowered down in an easier way during the volatile situations.
• Returns: Experts invest in high potential companies to cater high returns.

We hope this article will help you plan your future smartly and let you choose the best among the rest. Seeking expert’s advice is always a cherry on the cake. So, whenever you need any assistance regarding financial planning, visit MySIPonline, talk to our advisors and get the best support. We will be more than delighted to help you.