Aditya Birla Sun Life Mutual Fund has a major contribution to development and advancement of the investment strategy in India. With a strong financial background of non-banking financial firms, Aditya Birla and Sun Life Insurance, it offers an essence of the national and international experience in every scheme it provides. Aditya Birla Sun Life Frontline Equity Fund (G) is one such scheme which has crossed several milestones and has fulfilled the long-term financial goals of many investors. It aims to provide capital gains by investing 100% corpus in equity instruments. The fund has AUM of more than 20,000 crores on 30 April 2018. Be in the league of thousands of successful investors today by investing in the fund through MySIPonline.
Aditya Birla Sun Life Frontline Equity Fund (G)
It is a large-cap fund which has performed consistently in the past and has achieved great success. It has provided investors with an annualized returns of 13.6% in last 2 years and 16.7% in 5 years. Being a large-cap fund, these returns are appreciable. MySIPonline Research Desk has ranked this fund as 3rd in the category of large-cap funds. It has generated better returns compared to its benchmark NIFTY 50 Index and has beaten it most of the time. It was launched in August 2002 and has generated a return of 21.46% since then (data as on 5th June 2018).
Portfolio of the Scheme
The fund manager allocates more than 30% of the corpus in the finance sector. Other sectors like technology, Automotive, engineering and oil & gas sectors also own a significant amount of corpus. The fund is 100% equity-oriented and invests more than 80% of the corpus in equity instruments of large-cap companies. 15-20% of the corpus is held by mid-cap companies which provide bumper returns to the scheme.
Fund Manager
The fund is solely managed by Mr Mahesh Patil since November 2005. Before that he used to work with Reliance Infocom Ltd, Motilal Oswal Securities, and Parag Parikh Financial Advisory. He is a B.E. in electrical, MMS in finance, Chartered Financial Accountant from ICFAI Hyderabad.
Investment Details
The minimum investment amount of the scheme is Rs 1000 as a lumpsum as well as SIP. The expense ratio of the fund is 2.20%, and an exit load of 1% is charged on withdrawal within 365 days of investment. The NAV of Aditya Birla Sun Life Frontline Equity Fund G is Rs 214.59 (data as on 5th June 2018).
The fund is a good option for the investors seeking long-term capital appreciation by investing predominantly in equity instruments of large-cap companies. Large-cap funds provide a stable return and are less volatile. Hence, a decent return is generated at the expense of lesser risk. Experts at MySIPonline can provide a brief description of the scheme and can also help you to select the best mode to invest in this scheme. Connect with experts at MySIPonline and make the most of your mutual fund investments.
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