Aditya Birla Sun Life Equity Fund
A Complete Guide on How to Double Your Money in Just 7 Years!
ABSL Equity Fund: A Closer Look • It is an open-ended scheme of Aditya Birla Sun Life Asset Management Company Ltd. which is categorized as the multicap fund. • The fund aims to grab the market opportunity across different market caps (large cap, small cap & midcap stocks). • Launch Date: 27th August, 1998 • AUM: Rs. 11,102 Crore (as on 30th April, 2019) • Expense Ratio: 2.08% (as on 30th April, 2019) • Exit Load: 1% (if redemption is done within 365 days) • Fund Manager: Mr. Anil Shah • Min. Lump Sum Investment: Rs. 100 • Min. SIP Investment: Rs. 100
How Can ABSL Equity Fund Double Your Money in 7 Years? • The past performance of the fund depicts that the annualized returns of the fund in 7 years is 18.28%. • Now, if an investor start an SIP plan of Rs. 5000 monthly then according to the SIP Calculator he will be able to double the money. • Below is the result of SIP Calculator: Investment Amount: Rs. 420,000 Estimated Amount: Rs. 843,326 Wealth Creation: Rs. 423,326 The amount generated is clearly double of the investment amount.
How to Achieve Even More Returns from ABSL Equity Fund? • Step-Up SIP: In order to achieve more higher returns from your investment amount, start increasing your SIP investment by a fixed amount or percentage in regular time intervals. • Increase Investment Tenure: Mutual funds, especially ABSL Equity Fund yields good results in the long term thus, stay invested for a longer period of time.
Other Features Offered by ABSL Equity Fund • Impressive Asset Allocation: The fund invests in 76 stocks across different market caps with financial sector holding largest portion of assets followed by FMCG, Technology, Metals, Healthcare, etc. • Powerful Investment Strategy: ABSL Equity Fund follows a growth style of investment and predominantly invest in the large cap companies to offer stable returns to the investors.
When Is the Right Time to Invest in ABSL Equity Funds? The correct time to invest in multi cap fund of ABSL Asset Management Company depends upon investors' mode of investment: Lump Sum Investment: If an investor wants to invest all his surplus cash in a single time then he should wait for the bearish nature of the market. Doing so, he will be able to accumulate large number of units at low prices. SIP Investment: If an investor is taking the SIP route then he has not to worry about timing the market. However, an investor should start the SIP as early as possible for achieving better long term capital appreciation.
Who Should Include ABSL Equity Fund in the Portfolio? Moderately High Risk Takers: The multi cap fund of ABSL is a good pick for the investors who can expose their assets towards moderately high risk in search of good returns. Investor in Search of Stable Returns: The asset allocation is more inclined towards large cap stocks thus, it targets stable returns along with good recovery rate. Investors Wishing Diversification: A suitable mutual fund choice for the investors who want to diversify their portfolio for obtaining optimum returns.
Fund Manager of ABSL Equity Fund
Mr. Anil Shah: He has been associated with ABSL Equity Fund from October, 2012. Mr. Shah is the Senior Fund Manager at Aditya Birla Mutual Fund having a wide range of experience in the equity market. He is a B.Com graduate and also holds designations of a CA and Cost Accountant. Apart from this multi cap fund, he also handles many top performing mutual funds.
5 Investment Tips for ABSL Equity Fund 1. Take Small Steps: Take small steps through Systematic Investment Plan for achieving the milestone. Doing so, will free you from the worry of timing the market. 2. One Is Not Enough: Never settle with only one category of mutual fund instead, include different combinations of funds to manage risk & returns. 3. Review the Footprints: Analyze the performance of the fund timely. This will help you determine the recovery rate of the fund. 4. The Fruit of Patience Is Sweet: The more you will stay invested with the fund, the more will be the outcome. Thus, maintain a long term investment perspective during your investment tenure. 5. Don't Fear from Market Uptrend: Bearish nature of the finance market not always means loss. Think it in this way, when the market hits the bearish trend, the NAV of the stocks falls giving an opportunity to the fund managers to buy more units by paying less. And, when the market hit the bullish trend, the increase in the price of NAV becomes the profit.
Conclusion Aditya Birla Sun Life Equity Fund is one of the best mutual fund investments in India that can help an investor in generating double profits on his investment amount in 7 years. Thus, an investor should start the SIP plan in this top performing multi cap fund of ABSL to achieve long term capital appreciation. For starting the SIP investment, you can visit the website of MySIPonline - www.mysiponline.com. +91-9660032889 support@mysiponline.com
Disclaimer: Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing .