Aditya Birla Sun Life MNC Fund Growth - Latest NAV ₹769.21, Returns, Performance & Portfolio

Aditya Birla Sun Life MNC Fund Growth

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    5.23%
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    (+3.66)769.21

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 8.48 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years13.36%
5 Years5.23%
3 Years2.83%
1 Year1.04%
6 Months13.94%
Fund Details
ISININF209K01322
RiskModerately High risk
Fund TypeEquity - Other
NAV769.21
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Pfizer Ltd9.7%
Honeywell Automation India Ltd9.52%
Bayer CropScience Ltd9.39%
GlaxoSmithKline Pharmaceuticals Ltd7.24%
Kotak Mahindra Bank Ltd6.44%
Gillette India Ltd6.38%
Hindustan Unilever Ltd5.12%
Johnson Controls - Hitachi Air Conditioning India Ltd4.95%
Kansai Nerolac Paints Ltd4.61%
Procter & Gamble Hygiene and Health Care Ltd4.05%

About Aditya BSL MNC Fund

The Aditya BSL MNC Fund is an open-ended equity scheme. It seeks to generate long-term capital growth at relatively moderate levels of risk by investing primarily in a portfolio of equity and equity-related securities of multinational companies (MNCs) using a research-based investment approach.

Pros & Cons of Aditya BSL MNC Fund

  • The scheme tries to invest in companies having good growth prospects and sound management. It also prefers companies with superior performance and corporate governance record. It primarily looks at large-cap stocks including blue-chips and emerging blue-chips.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Sectoral/ Thematic Fund category.
  • Further, it has generated returns of 24.82% per year over the last 10 years (as on January 31, 2019). However, the returns over the last year have been slightly negative (-0.72%).

Fund Information and Statistics of Aditya BSL MNC Fund

Inception / Launch Date

The scheme was launched on 27 December 1999 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderately-High risk level associated with it.

Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

Mr. Ajay Garg is the Fund Manager of the Aditya BSL MNC Fund since June 18, 2009.

Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows :-

  • If the units are redeemed after the completion of 365 days from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 365 days from the date of allotment of the said units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Aditya BSL MNC Fund

The following taxes are applicable to the income arising from investing in this scheme:

  • STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units.
  • LTCG (units are held for a period of more than 12 months), in excess of Rs 1 Lakh, is taxed at 10 percent without indexation benefits on the redemption of units.

About Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund (ABSLMF) is one of India’s largest fund houses with over Rs. 2500 billion of assets under management and 6.6 million investor folios. It was established in 1994 through a joint venture between the Aditya Birla Group, India and Sun Life Financial Inc., Canada. It offers smart solutions, user-friendly services, and a wide array of investment options for investors.

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 8.48 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns