Aditya Birla Sun Life Equity Fund: Ready! Get, Set, “Grow”
The fund house never fails to surprise the investors in terms of the performance of its schemes. Almost all the mutual funds of ABSL have set a benchmark across all the categories of funds. Moreover, Aditya Birla Sun Life Equity Fund has added another feather in the cap of the fund house. The multicap scheme has managed to drag the attention of the investors for all the good reasons. The fund manager, Mr. Anil Shah has played safe with the money of shareholders.
Multicap mutual funds being less risky than the pure equity funds have paved way for the young investors as well to jump in the financial market.
Should I Invest My Money in Aditya Birla Sun Life Equity Fund?
The decision depends solely on your risk appetite, affordability, time horizon, and your future goal. If you are stepping into the financial market with a short term investment approach, then you might be at a loss. To ease the task for you, research analysts at MySIPonline has gathered relevant information about this multicap scheme. Read further to know more about the scheme and take your decision wisely.
Mission & Vision:
The investment objective of Aditya Birla Sun Life Equity Fund is to provide good capital returns to the investors in the long time. The scheme aims to reduce the risk through proper asset allocation and invests around 90% of the assets in the equity market & the remaining 10% in the debt and money market instruments. Let us have a brief overview of the investment style that has helped the scheme to become the apple of investor’s eye.
Investment Style Followed by Aditya Birla Sun Life Equity Fund
The scheme follows a growth-oriented investment style that targets majorly the large cap companies. Such companies have performed consistently well from the last 5 years. Moreover, the fund has distributed the assets (Rs. 10,027 Crore, as on 28th February, 2019) in the sectors having high growth potential.
Portfolio Allocation: The scheme invests 95.5% in the equity market and the remaining in the debt instruments. 67.73% is the occupancy of large cap companies in the asset allocation. The scheme also invests in the midcap (27.76%) and small cap companies (4.51).
Sector Allocation: We all know that financial sector has maintained a steady performance from the last one year. Moreover, RBI plans to cut the interest rates in the upcoming months which is a clear indication of higher growth. The fund manager, Mr. Anil Shah knows how to grab the market opportunities, and therefore financial sector dominates all the other sectors in terms of sector allocation followed by other promising sectors like technology, FMCG, healthcare, metals, to name a few.
Below table clearly displays the top holdings of Aditya Birla Sun Life Equity Fund along with the percentage of the assets.
What Is the Experts’ Take on Aditya Birla Sun Life Equity Fund?
The financial experts of MySIPonline suggests that this multicap scheme of ABSL is suitable for the investors who can digest moderately high risk. Moreover, the scheme has share the assets well in the sectors. Dominance of financial sector is a plus point of this scheme. Also, the good news of RBI cutting the interest rates will surely help the scheme to fetch healthy gains in the future.
Therefore, if you are planning to invest your money in a multicap scheme, then this is one of the best multicap mutual funds in India.
Furthermore, in case of any other information regarding Aditya Birla Sun Life Equity Fund or any other query regarding the financial market, feel free to contact our financial experts at 9660032889 or Mail Us @ [email protected]