People of the new age nowadays find it better to invest in mutual funds. That is why today we are telling you about a new scheme. Aditya Birla Sun Life’s Fox Equity Fund has performed well. The fund has given bumper returns of 50% in a year.
Let’s know about it….
Aditya Birla Sun Life Fund has given 50% return in a year. At the same time, the benchmark returns were 46.72 per cent and the category average 42.08 per cent. The scheme’s returns were 100 per cent in the five years.
If someone had invested 10 thousand rupees during this time, then his value would have been 20 thousand rupees. At the same time, in 10 years this amount would have increased to 36 thousand rupees.
If someone invested money at the beginning of this fund, then their value is now 77 thousand rupees. That means 675 per cent returns.
Now the question arises, should we still invest in it?
Experts say that earlier this fund was known as ABSL Top 100. Then it was a diversified fund. Now it has become a focused fund. In this way, there has been a big change in it.
There have been many changes in the portfolio recently. A new entry has also been done. DLF, Dr. Reddy’s Laboratories (December). Buy shares like State Bank of India, Tata Steel (February).
Larsen and Toubro, Dr. Reddy’s Labs, United Spirits, Axis Bank (January and February). NTPC, Coal India, ICICI Lombard General Insurance Company, Tata Consumer Products (February) have increased investment.
By the year 2018, it had 70 stocks in its portfolio. These have been reduced to less than 30. Experts say that the inclination of this fund is towards large-cap. After this move of the fund manager, the returns have increased. So investors can invest in it for the long term.
Bumper returns from SIP
If someone invests money through SIP, then his investment is 12 thousand rupees in a year. At the same time, its value is now 15 thousand rupees. That means 30 percent return in a year
Similarly, investment of Rs 36 thousand has become Rs 50 thousand in three years. In terms of returns, it sits at 32 per cent.
Important things related to Aditya Birla Sun Life Focused Equity Fund Regular Plan Growth…
The fund was launched on 24 October 2005. It is a large-cap fund. The minimum investment in this is 1000 rupees. The minimum SIP amount is Rs 1000. Expense Ratio (31 January 2021): 1.93% Exit load: 1% on redemption within 365 days.
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