Mutual Funds are subject to Market Risk.
When a lay man thinks of investing in a mutual fund, there is a constant fear of losing money. But, if the brand is Aditya Birla group and the mutual fund name Aditya Birla Sunlife Frontline Equity Fund, then one can rest assure with the safety of their funds.
It is a large fund that has 95.6% investment in Indian stocks of which 82.66% is in large cap stocks, 9.71% is in mid cap stocks, 2.18% in small cap stocks. The Fund has 0.02% investment in Debt of which, 0.02% in funds invested in very low risk securities. This is suitable for investors who are looking 95.6% investment in Indian stocks of which 82.66% is in large cap stocks, 9.71% is in mid cap stocks, 2.18% in small cap stocks. The Fund has 0.02% investment in Debt of which, 0.02% in funds invested in very low risk securities.
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Fund Type – Open Ended |
Fund Manager – Mr. Mahesh Patil |
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Class – Equity |
Latest NAV – 223.59 |
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Category – Large Cap |
Inception Date – 30th August, 2002 |
Investing in Birla Sunlife Frontline Equity Fund helped me to analyse and understand the past performance of the mutual fund and also forecast the return for the future time period. Further, being a student right now and not having a regular source of income, investing through Systematic Investment Plan. It is more affordable and helps to give hefty returns over a longer period of time. All this is because the management of the mutual fund is done by Fund Manager who are highly experienced and rigorous observers of the market trend.
Life gives a second chance to everyone
Having enrolled myself for the Chartered Accountancy course, I had wished to fulfill my father’s dream. But who knew that the destiny held a story never thought of? Although I cleared the entrance and intermediate level of CA in one go straightaway, it was the last leg which was really a surprise for me. It hurts the most when someone gets 194 on 200, and also clears in every subject but falls short of the minimum passing marks in totality. You can blame your bad luck once, twice but when it happens for the third time as well, you start doubting yourself. Stress, depression and irritation is what surrounds you all the time. You start feeling suffocated and try to find means to kill your time.
But they say that bad times don’t last much and there are some moments which bring in a ray of hope in your life. They make you realize that it is not the end of life and every day begins as a fresh flower bloom. It was at this time that I got some enthusiasm and motivation to make a change in my life. Being inspired from my boss who had completed his MBA and at an age of 34 was managing a school of 1400 students and 100 teachers and staff, I decided to do MBA. I could no longer try out my destiny and undergo the same amount of pain by repeating my CA and therefore, I decided to go for MBA which shall change my life to a better one hopefully. I managed my work and simultaneously studied for my MBA entrance exams to get myself enrolled in one of the top b-schools of the country.
Within few months I was holding the call letter of NMIMS Bangalore which brought with itself a ray of hopes for me to live once again and get the confidence in me.