Type or nature of fund
Birla Sun Life Frontline Equity Fund is an open ended growth scheme.
Investment objective
The investment objective of Birla Sun Life Frontline Equity Fund scheme is to generate long term capital growth through portfolio with a target allocation of 100 percent equity by aiming at being diversified across various industries and sectors as its chosen benchmark index S&P BSE 200.
Fund information
| Inception date | 30th August, 2002. |
| CRISIL rank | Scheme is ranked 3 under consistent performers- equity funds and under diversified equity funds as on Jul 2015. |
| Plans | Regular and Direct. |
| Options | Dividend
Growth |
| Schemes |
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| Entry load | N.A. |
| Exit load | 1% if scheme is redeemed or switched out within 365 days from the date of allotment.
Nil if scheme is redeemed or switched after 365 days from the date of allotment. Exit Load is NIL for units issued in Bonus & Dividend Reinvestment. |
| Minimum investment | Plan A
Plan B
|
| SIP | Monthly minimum: Rs.1,000. |
| Product label – Risk and target investors | Risk : Moderately high risk
Target Investors: This product is suitable for investors who are seeking long term capital growth who require investments in equity and equity related securities, diversified across the industries in line with the benchmark index S&P BSE 200. |
| Benchmark | S&P BSE 200 is the benchmark.
The equity shares of 200 selected companies from the specified and non-specified lists of BSE are included in S&P BSE 200. The selection of companies is primarily been done on the basis of current market capitalization. The market activity of the companies reflected by their volumes of turnover and certain fundamental factors were considered for the final selection of the 200 companies. |
| SWP | N.A. |
| STP | Systematic Transfer Plan is available for Birla Sun Life Frontline Equity Fund. You can invest a lump sum amount in the debt-scheme and specify a desired amount to be transferred to any of your equity schemes including Birla Sun Life Frontline Equity Fund.
Entry load is applicable to respective scheme if the transfer is from scheme belonging to one Fund Family to another Fund Family. Birla Sun Life Frontline Equity Fund falls under the Equity Fund Family. |
| Redemption | Within 10 working days of the receipt of the redemption request. |
| Taxation (on investment and on redemption) | Investors are advised to consult their tax adviser with respect to the specific tax implications arising out of his participation in this scheme. |
Portfolio – Sector / Top 10 holdings
| Issuer | Sector | Percentage |
| HDFC Bank Ltd. | Banking | 6.69 |
| Infosys Ltd. | Technology | 4.36 |
| ICICI Bank Ltd. | Banking | 4.36 |
| Reliance Industries Ltd. | Oil & Gas | 3.89 |
| Larsen & Tourbo Ltd. | Engineering | 3.55 |
| Axis Bank Ltd. | Banking | 3.52 |
| IndusInd Bank Ltd. | Banking | 3.39 |
| ITC Ltd. | Tobacco | 3.34 |
| Tata Motors Ltd. | Automotive | 3.20 |
| Tech Mahindra Ltd. | Technology | 2.71 |
Risk measures
| Sharpe | As on 31st July, 2015 it is 1.30. |
| Alpha | NA. |
| Beta | As on 31st July, 2015 it is 0.98 |
| Standard Deviation | As on 31st July, 2015 it is 14.24%. |
Performance
| AUM for April- June 2015 | Rs.9,000.82 crores | ||||||||||||||||||||
| NAV (as on 30th June, 2015) | Regular Plan-
Direct Plan-
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| Returns and Benchmark comparison |
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| Expenses |
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