Saturday, May 15, 2010

Birla Sun Life India Reforms Fund (G)

Birla Sun Life India Reforms Fund, an open ended equity scheme. The investment objective of the scheme is to generate growth and capital appreciation by building a portfolio of companies that are expected to benefit from the economic reforms, PSU divestment and increased government spending.

Issue Open: 10-May-2010
Issue Close: 09-Jun-2010
Mutual Fund Family: Birla Sun Life Asset Management Company Ltd
Fund Class: Equity Diversified
Fund Type: Open-Ended
Investment plan: Growth
Fund Manager: Ankit Sancheti
Entry Load: 0.00%
Exit Load: 1.00%
Other Info: Exit Load of 1% if redeemed within 1 Year from the date of allotment


Since Reforms are actively interlinked with infrastructure growth, the Fund would act as a proxy to infrastructure play too. Only that this Fund would have more sectors than infrastructure fund would have. Ex: Infrastructure Funds do not buy Fertiliser stocks, this Birla sunlife India Reforms Fund would.
Thus, this Fund is a 50% Infra proxy.

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