Birla Sun Life Manufacturing Equity Fund

Aditya Birla SL Mfg. Equity Fund(D)-Direct Plan
Dividend Yearly
NA
Category
Equity - Multi Cap
52-week NAV high
14.08  (As on 19-12-2018)
52-week NAV low
12.28  (As on 05-08-2019)
Expense
1.72%  (As on 31-10-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -1.16 5.61 -0.18 -0.71 -5.40 5.50 8.83 - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Feb 03, 2015
Last Dividend
NA
Minimum Investment
1000

Type or nature of fund

Birla Sun Life Manufacturing Equity Fund is an open ended manufacturing sector scheme.

Investment objective

The investment objective of Birla Sun Life Manufacturing Equity Fund scheme is to generate long term capital appreciation to unit holders from a portfolio that is invested mainly in equity and equity related securities of companies engaged in manufacturing activities.

Fund information

Inception date 27th January, 2015
CRISIL rank Not ranked.
Plans Regular and Direct.
Options Dividend Growth
Schemes
  • Growth
  • Dividend
  • Direct Growth
  • Direct Dividend
Entry load N.A.
Exit load

For redemption or switch out of units within 365 days from the date of allotment- 1.50% of the applicable NAV

For redemption or switch out of units after 365 days but within 540 days from the date of allotment – 1% of the applicable NAV

For redemption or switch out of units after 540 days from the date of allotment – Nil

Minimum investment Fresh purchase:

Minimum – Rs.5,000 and thereafter in multiples of Re.1

Additional purchase:

Minimum – Rs.1,000 and thereafter in multiples of Re.1

SIP

Monthly minimum: Rs.1,000.

Investment dates: 1,7,10,14,20,21,28 of every month.

Frequency option: Monthly, half-yearly and yearly

Product label – Risk and target investors Risk : High risk

Target Investors: This product is suitable for investors who are seeking long term capital growth who require investments in equity and equity related securities of companies involved in manufacturing sector.

Benchmark

S&P BSE 500 is the benchmark.

S&P BSE 500 consists of 500 scrips. While constructing this index, the changing pattern of the economy and the market was considered. This index represents nearly 93 percent of the total capitalisation on BSE. It covers 20 major industries of the economy.

SWP

Yes, investors have the option of fixed withdrawal and appreciation withdrawal.

Fixed withdrawal

Amount: Rs.1,000

Frequency: Monthly or quarterly

Dates: 1,7,10,14,20,21,28

Appreciation withdrawal

Amount: Rs.1,000.

If the appreciation amount is less than Rs.1,000, then no SWP in that particular month or quarter.

Frequency: Monthly or quarterly

Dates: 1,7,10,14,20,21,28

STP Systematic Transfer Plan is available for Birla Sun Life Manufacturing Equity Fund.

Frequency: Daily, weekly, monthly or quarterly

Minimum transfer amount:

Daily - Rs.500 and thereafter in multiples of Rs.100 minimum 20 transfers

Weekly – Rs.1,000 and above, minimum 6 transfers

Monthly – Rs.1,000 and above, minimum 6 transfers

Quarterly – Rs.2,000 and above, minimum 4 transfers

Transfer Dates:

Daily – commencement date is 15th day from the date of receipt of the request

Weekly – 1,7,14,21,28

Monthly – 1,7,10,14,20,21,28

Quarterly – 1,7,10,14,20,21,28

Redemption

In multiples of Re.1 or 0.001 units.

Redemption is dispatched within 10 working days from the date of redemption or repurchase.

Taxation (on investment and on redemption) Each investor is advised to consult his own tax advisors with respect to the specific amount of tax and other implications arising out of his participation in the scheme.
 

Fund manager

Mr. Anil Shah handles the Birla Sun Life Manufacturing Equity Fund. He is 48 years old with over 25 years of experience in equity research and investment. He has completed his B.Com, C.A. and Cost Accountant. Before joining Birla Sun Life, he worked with RBS Equities India Ltd. for 15 years. Anil Shah also handles Birla Sun Life Equity fund, Birla Sun Life India GenNext fund, Birla Sun Life Special Situations fund and Birla Sun Life Focused Equity fund- Series 1.

Investment philosophy or strategy

The Birla Sun Life Manufacturing Equity Fund scheme aims to exploit the long term capital appreciation by investing in equity and equity related securities of companies of manufacturing sectors. The scheme may invest in money market instruments to manage its liquidity requirement as well. Companies selected will be analysed based on its nature, stability of business, prospect of future growth, financial strength and its track record.

Portfolio – Sector / Top 10 holdings

Issuer Sector Percentage
Tata Chemicals Ltd. Chemicals 5.48
Maruti Suzuki India Ltd. Automotive 5.20
Dr. Reddy’s Laboratories Ltd. Healthcare 4.08
Reliance Industries Ltd. Energy 3.67
Bharath Electronics Ltd. Engineering 3.65
Cipla Ltd. Healthcare 3.58
Bharath Forge Ltd. Automotive 3.33
Sun Pharmaceutical Inds. Ltd. Pharmaceutical 3.29
Hero Motocorp Ltd. Automotive 3.01
Asian Paints Ltd. Chemicals 2.77
 

Risk measures

Sharpe As on 31st July, 2015 it is 1.30.
Alpha NA.
Beta As on 31st July, 2015 it is 0.98
Standard Deviation As on 31st July, 2015 it is 14.24%.
 

Performance

AUM for April- June 2015 Rs.2,072.50 crores
NAV (as on 30th June, 2015) N.A.
Returns and Benchmark comparison N.A. as the scheme started this year.
Expenses  
Daily Net assets Birla Sun Life Manufacturing Equity Fund expenses
First 100 crores 2.50%
Next 300 crores 2.25%
Next 300 crores 2%
Balance assets 1.75%
 
 

Expert view of the fund + outlook

The Birla Sun Life Manufacturing Equity Fund is ideal for those who wish to invest in the manufacturing companies and to those who want to generate long term capital. This scheme is not ideal for funding short term needs. If you are certain of having a huge expenditure in the future, invest in this plan. This scheme does not have a CRISIL rating yet.

New investors can stay away from this scheme.

How to apply – online + distributors

You can buy the Birla Sun Life Manufacturing Equity Fund through both the online and offline platforms.

For applying through the online platform, you just have to visit the Mutual Fund Birla Sun Life webpage. You can invest online or you can also ask for an advisor. The webpage has an application form available, which you can fill and submit. To invest online, you need to key in your username or your folio number and your password that has been provided to you. You also need to key in your PAN card details as and when required.

In order to apply offline, you will have to physically approach the Birla Sun Life branch and submit your KYC form. You will then have to fill up all the application forms and then submit the form at the respective counter. If needed, you can also ask the executives to give you further clarification on the fund.

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