Birla sunlife frontline equity fund (BSFEF) is an open ended growth scheme that invests across sectors with a bias for large caps but not exclusively focused on them. Objective of the fund is long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, BSE 200.
Mr. Mahesh Patil is managing this fund since November 2005 and top 5 sectors in which the fund is invested are Banks, Software, Petroleum products, Automobiles and Industrial
capital goods.
A long-term track record of good performance (see the table given above), proven ability to ride out corrections better than most peer funds and benchmark, with a focused exposure to blue-chip equities makes the case for this fund. Over the past five years, BSFEF has delivered a fairly good return placing it among the top funds in the category. While looking forward, BS frontline equity fund can be considered as a good SIP pick.
Birla Sun Life Frontline Equity Fund | |||
SIP Performance | |||
SIP (in Years) | Amount Invested | Present Value | CAGR(%) |
3 | 180000.00 | 244766.43 | 19.97 |
5 | 300000.00 | 444892.12 | 15.30 |
7 | 420000.00 | 870204.44 | 20.03 |
Since Inception (Aug 2002) | 515000.00 | 1532136.04 | 24.05 |
( NAV as on June 1, 2011: Rs.87.60)
No comments:
Post a Comment