Birla Sun Life Top 100 Fund: A Reliable Growth Plan

Launched in September 2005, the Birla Sun Life Top 100 Fund is a growth-oriented equity scheme, which is designed by Birla Sun Life Mutual Fund. It is a large-cap Birla Sun Life Equity Fund, which falls under the open-ended category, and thus provides flexibility to the investors.

We, at MySIPonline, have recommended Aditya Birla Sun Life Top 100 Fund Scheme due to its well-being market position, which has helped many investors until now in enhancing their capital worth. This scheme is managed by the Mahesh Patil, who is an expert fund manager of the BSL Mutual Fund. Birla SunLife Top 100 Fund growth has been a good performer in the industry since its inception and offered reasonable returns with a well-diversified portfolio having lower risk appetite. If you are looking for investing your hard-earned money in this plan, then hereunder we have provided a synopsis for the same that will help you take an apt decision.

Birla Sun Life Top 100 Fund G: Investment Strategy

This scheme is a large-cap equity plan, which has major holdings in the equity stock of the companies having large market capitalisation. Birla Sun Life Top 100 Fund primary objective is to provide medium to long-term capital appreciation, by investing predominantly in the diversified portfolio of equity and related securities of top hundred entities as per market cap. The minimum investment amount for birla sun life top 100 fund g mutual fund scheme is Rs.5000. NIFTY 50 is the set benchmark against which its performance is measured. Another mutual fund, i.e., ING Large Cap Equity Fund is merged with the Birla SunLife Top 100 with effect from October 11, 2014.

Birla Sun Life Top 100 Fund growth plan is best suited to investors who want to make an investment for

  • Child’s Education
  • Child’s Marriage
  • Retirement Planning
  • Buying a House

Minimum SIP amount for this scheme is Rs.1000 only, which can be made by making online mutual fund investment.

Birla Sun Life Top 100 Fund: Portfolio Review

With the asset under management(AUM) amounted to Rs.2,396 crore as on September 30, 2016, this fund has made major, i.e., 91.78% asset allocation in the equity stocks of the companies and the remaining has been invested in the money market instruments to provide diversification. By investing the majority of the capital in the financial sectors, it is yielding tremendous returns. The portfolio is actively managed to counter the market volatility, and hence offers high security to the funds and yields better returns from time to time.

The sector allocation graph of this scheme depicts that it has diversified the money in various sectors which include automobile, energy, technology, healthcare, FMCG and many more. The top holdings of this strategy include some of the best entities of the country, viz., HDFC Bank, ICICI Bank, Infosys, Tata Motors, Larsen & Toubro, Reliance Industries, etc.

Birla Sun Life Top 100 Fund Growth: Performance Analysis

The scheme has consistently outperformed its category and the set benchmark by yielding excellent returns. ABSL Top 100 Fund G is ranked first in the ‘Large Cap’ category by CRISIL for the quarter ended in June 2016, and this shows its market possession. Furthermore, returns generated by this scheme for the three- and five-year investment are 22.60%, and 18.60, which are over and above the returns offered by its peers and benchmark. In the year 2012 and 2014, it has offered tremendous absolute profits of 36.5 and 48.8 percent respectively. Accordingly, it can be concluded that birla sun life top 100 fund growth strategy holds the capacity of yielding maximum returns in order to enhance the capital worth of investors.

You can easily compute the returns of birla sun life top 100 fund g scheme by using the SIP return calculator, which calculates the accurate result of the investment. In addition, the Birla Sun Life Top 100 G NAV as on October 10, 2016, amounted to Rs.48.2255, which is a strong indicator of its performance in the market and has helped many investors in creating wealth.

Accordingly, we can conclude here that Aditya Birla Sun Life Top 100 Fund is one of the best schemes to make a productive investment in mutual funds. Its performance and portfolio designing ensure that it would be helpful in achieving the set financial goals. You can opt for this plan to accomplish your investment objectives.