Birla Sun Life Pure Value Fund - Growth Option is an open-ended diversified equity scheme offered by Birla Sun Life Mutual Fund and managed by Birla Sun Life Asset Management Company which is based out of Mumbai. The Trustee Company of the mutual fund is Birla Sun Life Trustee Company Pvt. Ltd. Although the risk factor associated with the scheme is moderately high, it has the potential to generate capital appreciation in the long term.
Investment Objective of Birla Sun Life Pure Value Fund - Growth Option
The investment objective of Birla Sun Life Pure Value Fund - Growth Option is to generate capital growth consistently in the long term through investment primarily in equity and equity related securities. To achieve its objective, the scheme follows a value investing strategy.
Key Features of Birla Sun Life Pure Value Fund - Growth Option
Some of the significant features of Birla Sun Life Pure Value Fund - Growth Option are as indicated in the table below:
|
Type of fund |
Open-ended diversified scheme |
|
Plans available |
|
|
Options under each plan |
The Regular Plan and the Direct Plan both come with two options:
The Dividend Option comes with the following sub-options:
|
|
Risk |
Moderately High |
|
Systematic Investment Plan |
Available |
|
Systematic Transfer Plan |
Available |
|
Systematic Withdrawal Plan |
Available |
Investment Amount for Birla Sun Life Pure Value Fund - Growth Option
The following is the information regarding the investment amounts and loads:
|
Minimum application amount |
Rs.1,000 and in multiples of Re.1 thereafter |
|
Minimum additional investment |
Rs.1,000 and in multiples of Re.1 thereafter |
|
Minimum instalment for Systematic Investment Plan (SIP) |
|
|
Entry Load |
Not Applicable |
|
Exit Load |
|
Asset Allocation for Birla Sun Life Pure Value Fund - Growth Option
In case of normal circumstances, the asset allocation for Birla Sun Life Pure Value Fund - Growth Option will be as follows:
|
Instruments |
Allocations (Percentage of total assets) |
Risk Profile |
|
Equity and equity-related securities |
85% to 100% |
Medium to High |
|
Fixed income securities (inclusive of money market securities) |
0% to 15% |
Low to Medium |
NAV Disclosure and Benchmark for Birla Sun Life Pure Value Fund - Growth Option
The Net Asset Value of Birla Sun Life Pure Value Fund - Growth Option is calculated on each business day and updated on the website of Birla Sun Life Mutual Fund and the website of the Association of Mutual Funds in India by 9:00 p.m. on each working day. The fund house is also expected to publish the NAV in a minimum of two leading national dailies that are circulated across the country.
The Benchmark adopted by Birla Sun Life Pure Value Fund - Growth Option is the S&P BSE 200 Index.
Birla Sun Life Pure Value Fund - Growth Option Fund Manager
Birla Sun Life Pure Value Fund - Growth Option is co-managed by Mr. Mahesh Patil and Mr. Milind Bafna. Mr. Bafna is the designated fund manager of Birla Sun Life Pure Value Fund - Growth Option, while Mr. Patil is the co-chief investment officer. Both fund managers have been managing the scheme since January, 2014. While Mr. Bafna has over 16 years of overall experience in fund management, Mr. Patil has 25 years of experience in corporate finance, equity research, and fund management.
Why you should Invest in Birla Sun Life Pure Value Fund - Growth Option
Birla Sun Life Pure Value Fund - Growth Option is ideal for investors who are looking for capital appreciation in the long term by investing in equity and equity-related instruments by using value investing strategy.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar’s partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
GST rate of 18% applicable for all financial services effective July 1, 2017.
