Aditya Birla Sun Life Large Cap Fund-Growth

Aditya Birla Sun Life Large Cap Fund-Growth is a scheme launched by Aditya Birla Sun Life Mutual Fund on August 30, 2002, and falls under the Large Cap fund category. It currently manages an AUM of Rs 29,866.73 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 100. It charges an expense ratio of 1.65% for managing the portfolio.

• Investing Strategy:

  The objective of the scheme is long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and/ or sectors as its chosen benchmark index, Nifty 100 TRI. The secondary objective is income generation and distribution of IDCW.

• Performance:

  Aditya Birla Sun Life Large Cap Fund-Growth trailing returns over different times are -1.02% (1 year), 14.53% (3 year) and 19.54% (5 year). The average annual return of this fund stands at 5.36%.