Aditya Birla SL Frontline Equity Fund – Direct Growth

The Aditya Birla Sun Life Frontline Equity Fund is an Open-ended Equity scheme under the Large-Cap category fund under the umbrella of the Birla Sun Life Mutual Fund House. This fund was launched on August 30, 2002. It has been benchmarked against the NIFTY 100 Total Return Index.

The asset allocation of the Aditya Birla Sun Life Frontline Equity fund comprises around 93.83% in equities, 1.88% in debts, and 4.3% in pure cash & other cash equivalents. Mr Mahesh Patil is managing this fund.

Pros and Cons

How to Invest in Aditya Birla Sun Life Frontline Equity?

The Aditya Birla Sun Life Frontline Equity Fund Direct Plan-Growth has no lock-in period, which facilitates the investment procedure. The turnover ratio of this fund, reflecting the proportionate change in stocks in the investment portfolio, is approximately 35.1%.

The process of investment in this fund is simple and can be accessed by any investor regardless of how many documents they can produce.

What is the expense ratio?

Any mutual fund’s expense ratio is a payment in compensation to be compulsorily made to the fund-managing company in exchange for its management services. The lower the expense ratio, the higher the investor’s profit margin.

Who should invest in Aditya Birla Sun Life Frontline Equity?

The Aditya Birla Sun Life Frontline Equity Fund is best suited for investors searching for a diversified equities fund that follows the S&P BSE 200 Index benchmark in its sectoral investments.
Although the fund has a palpable tilt in favour of investing in large-cap firms, this is not its only objective. Nevertheless, investors with a penchant for particularly large-cap funds will find this fund very useful.
Additionally, because it invests in well-established corporations’ equity and equity-related instruments, it is best suited for investors desiring long-term growth and capital appreciation.
This fund is recommended to investors looking for a growth-oriented approach to investment and accumulation of wealth for further capital gains in the future.

Benefits

● Investing primarily in India’s best-performing industries, this fund seeks to provide the investment portfolio with much-needed sustenance. As a result, it has maintained a solid track record for more than 12 years.
● The fund is solid. As of January 2023, it has assets in big-shots, the likes of ICICI Bank Ltd(9.04%), HDFC Bank Ltd(7.75%), Infosys Ltd(7.1%), Reliance Industries Ltd(5.75%), Axis Bank Ltd(4.3%). It’s easy to see why this fund is such a good option.
● The fund also has a diverse range of sectoral investments, ranging from Financial Services(37.89%), Technology (11.56%) up to Consumer Cyclical(9.2%) as of January 2023.
● Its portfolio has made predominant investments in equity and equity-related securities, which is 90.56% of the total assets available under it. Such an equity-oriented portfolio offers greater security against losses.
● The Aditya Birla Sun Life Frontline Equity fund has invested in money market instruments like cash to provide portfolio diversification and stable returns over the long term.