Aditya Birla Sun Life Mutual Fund is a joint venture between Sun Life Financial Inc. and Aditya Birla Capital Limited. Canada brings some of the best mutual funds to invest in. It is one of the leading fund houses in India, based on household average assets under management (AUM).

The collaboration brings together Indian business understanding and global expertise, thus offering top mutual funds. ABSL (financial service business of Aditya Birla Group) believes that it is a pioneer and role model in the integrated and integrated financial services industry. At the same time, Sun Life Limited provides financial security and healthy life to its customers. Together they bring some great investment plans.

The scheme aims to generate long-term capital growth at a regulated risk level by investing primarily in mid-cap stocks, to generate higher returns from the fund based on extensive and liquid stocks. Meet to liquidity needs, a small portion of the portfolio can be placed in Call and Money Market Instruments.

Fund manager performance

The whole purpose of investing in a fund is to leave investment management work to professionals. Skills of fund manager handling Aditya Birla Sun Life Midcap-G.

Jayesh is an ICAI Chartered Accountant, Chartered Financial Analyst from CFA Institute, USA, and Master in International Management from Thunderbird School of Global Management, USA. Jayesh also works as an active volunteer for CFA Society India and has served as the President of the Society for five years, 2013-18, forming a group of over 50 volunteers across India. He has 15 years of experience in investment management and equity research. He worked with Morgan Stanley for seven years before joining Birla Sun Life.

Aditya Birla Sun Life MIDCAP Fund-Growth- essential details

  • Category: Equity: Mid Cap
  • Launch Date: 05-10-2002
  • Asset Class: Equity
  • Benchmark: NIFTY MIDCAP 100 TRI
  • Expense Ratio: 2.14% As on ( 31-01-2020)
  • Status: Open-Ended for subscription
  • Minimum Investment: 1000
  • Minimum Topup: 1000
  • Total Assets: 2,504.75 Cr As on ( 31-01-2020)
  • Turn over: 66.00

RETURNS – compared to peers

Aditya Birla Sun Life Midcap-G is ranked 2/5 compared to its peers based on 2-year returns. An investor can invest in Aditya Birla Sun Life Midcap Fund through SIP, and a minimum SIP investment amount is Rs. 1000. The minimum investment in lamps is 1000. When redeemed within 12 months, and exit loads of 1 % for investments and Nil after 365 Days.

What is the rolling alpha in Aditya Birla Sun Life Midcap-G?

The Rolling Alpha section shows the continuity of Aditya Birla Sun Life Midcap-G. It helps the investors to make investment decisions based on the monthly, quarterly, half-yearly, and annual outperformance of the fund.

Conclusion: Mid-cap mutual funds are for aggressive investors with very high-risk appetite and volatility. These schemes are uncertain and can be very volatile from time to time. You will ensure that you are at sufficient risk of investing in these schemes. Better if you have opted for an investment mid-cap scheme with a solid performance record.

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