Birla Sun Life MNC Fund

Aditya Birla SL MNC Fund(G)-Direct Plan
Dividend Yearly
NA
Category
Equity - Others
52-week NAV high
853.47  (As on 31-10-2019)
52-week NAV low
725.62  (As on 22-08-2019)
Expense
1.23%  (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 -0.03 8.67 3.57 7.50 2.85 11.94 9.16 10.65 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jan 01, 2013
Last Dividend
NA
Minimum Investment
1000

Type or nature of fund

Birla Sun Life MNC Fund is an open ended growth scheme.

Investment objective

The investment objective of Birla Sun Life MNC Fund scheme is to generate long term capital growth at a relatively moderate levels of risk by investing in securities of multi-national companies through research based investment approach.

Fund information

Inception date

27th December, 1999

CRISIL rank

Scheme is ranked 1 under consistent performers- equity funds and ranked 2 under diversified equity funds as on Jul 2015.

Plans

Regular and Direct.

Options

Dividend

Growth

Schemes

  • Growth
  • Dividend
  • Direct Growth
  • Direct Dividend

Entry load

N.A.

Exit load

1% if scheme is redeemed or switched out within 365 days from the date of allotment.

Nil if scheme is redeemed or switched after 365 days from the date of allotment.

Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.

Minimum investment

Minimum Investment: Rs.5,000

Additional Purchase: Rs.1000

Repurchase: In multiples of Re.1.

SIP

Monthly minimum: Rs.1,000.

Product label – Risk and target investors

Risk : Moderately 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 multinational companies.

Benchmark

CNX MNC is the benchmark.

CNX MNC Index consists of 15 listed companies on National Stock Exchange in which the foreign shareholding is over 50 percent or the management control is bestowed in the foreign company.

SWP

N.A.

STP

Systematic Transfer Plan is available for Birla Sun Life MNC Fund

Entry load is applicable to respective scheme if the transfer is from scheme belonging to one Fund Family to another Fund Family. Birla Sun Life MNC Fund falls under the Equity Fund Family.

SIP

Birla Sun Life MNC Fund aims to gain from the global expertise and invests in securities of the MNC’s listed in India. This fund is a diversified equity oriented fund that strives to achieve long-term capital growth with relatively moderate levels of risk.

Redemption

Within 10 working days of the receipt of the redemption request.

Taxation (on investment and on redemption)

Investors must consult with their tax adviser with respect to the specific tax implications arising out of his participation in this scheme.

Fund manager

Mr.Ajay Garg is a Senior Fund Manager for Birla Sun Life. He is 40 years old. He has a Bachelors in Electronic Engineering and has done his MBA in Finance. Mr.Ajay has over 15 years of work experience in financial services. Before he joined Birla Sun Life Asset Management Company Ltd. he was working with Birla Sun Life Securities Ltd.

Investment philosophy or strategy

Birla Sun Life MNC Fund aims to invest in securities of multinational companies through a research based investment approach to achieve long term capital growth. MNCs are considered to be high quality companies and therefore present a better growth potential. Birla Sun Life MNC Fund invests in securities of multinational companies through a research based investment approach to achieve the long term capital growth. Multinational companies are chosen because they are backed by professional management and they make use of the latest technology and global experience.

Portfolio – Sector / Top 10 holdings

Issuer

Sector

Percentage

Bayer CropScience Ltd.

Chemicals

8.93

ICRA Ltd.

Miscellaneous

8.04

Bosch Ltd.

Automotive

8.03

Honeywell Automation India Ltd.

Telecom

6.96

Kotak Mahindra Bank Ltd.

Banking

6.85

Glaxosmithkline Pharmaceuticals Ltd.

Pharmaceuticals

6.53

Gillette India Ltd.

Consumer Non-durables

6.39

Maruti Suzuki India Ltd.

Automotive

6.23

Hindustan Unilever Ltd.

Consumer Non-durables

5.40

Pfizer Ltd.

Pharmaceuticals

5.03

Risk measures

Sharpe

As on 31st July, 2015 it is 1.96.

Alpha

NA.

Beta

As on 31st July, 2015 it is 0.72

Standard Deviation

As on 31st July, 2015 it is 16.03%.

Performance

AUM for April- June 2015

Rs.1,639.73 crores

NAV (as on 30th June, 2015)

Regular Plan-

  • Growth: Rs.614.40
  • Dividend: Rs.163.73
Direct Plan-

  • Growth: Rs.625.88
  • >Dividend: Rs.212.17

Returns and Benchmark comparison

Date

Scheme returns

CNX MNC

CNX Nifty

Since Inception (till 30th June, 2015)

19.61

11.89

12.05

30th June, 2014- 30th June, 2015

53.37

31.07

9.95

30th June, 2013- 30th June, 2014

47.39

35.09

30.28

30th June, 2012- 30th June, 2013

10.37

7.87

10.67

Expenses

Daily Net assets

Birla Sun Life MNC 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

Birla Sun Life MNC Fund invests exclusively in securities of multinational companies to fuel growth in the long term. This fund is suitable for creating quick wealth and for y7our lifestyle needs. However, this scheme is not suitable for child’s education, child’s marriage, planning for retirement or to buy a house. This is a good time to invest in this scheme. You can review the fund’s performance once in a year. It is advisable to withdraw the money when your goals are close to achievement and do not withdraw if the markets are going down, stick to your goals.

How to apply – online + distributors

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

For applying through the online platform, visit the Mutual Fund Birla Sun Life webpage. You will get an option to invest online or you can also ask for an advisor. The webpage also 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 the application forms and then submit the form at the respective counter along with other required documents. When you approach the branch, you can ask the executive to give you further clarification on the fund, so you can take an informed decision regarding the Birla Sun Life MNC Fund.

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.

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.

reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.