This Aditya Birla Sun Life Frontline Equity Fund has made Rs 1.82 crore in 20 years with monthly instalments of Rs 10,000. The holdings include 85.6% large-cap companies, 9.31 per cent mid-cap and 2.1 per cent small-cap companies. Holdings include ICICI Bank, HDFC Bank, Infosys Ltd., Reliance Industries, and Larsen & Toubro.
You work throughout the day to sleep peacefully at night. The next day, you wake up again in the morning and leave for work and returns in the evening. This cycle continues continuously. But if you really want to sleep peacefully then you have to put your money to work too.
When you earn money along with you, then you will be able to live peacefully and sleep, because while you are sleeping, your money will still be working. You must have understood that putting money to work means investing. Investment is also such a place, where money is expected to grow.
In the last few years, the craze of mutual funds has increased a lot among people, because here one can start investing with a small amount and make a lot of money in the long run. One such mutual fund is Aditya Birla Group, which has doubled people’s investments within the last 3 years.
Aditya Birla Sun Life Frontline Equity Fund
This fund has given splendid returns Aditya Birla Sun Life Frontline Equity Fund has given tremendous returns to investors in the recent past. According to a Livemint report, this fund was started on 30 August 2002, that is, 20 years ago.
Since its inception, it has given an average annualized return of 19.25 per cent and has doubled the money every three years. Calculating a return of 19.25 per cent on an annual basis, this fund has generated a solid return in a span of 20 years. The monthly instalment of Rs 10 thousand has been made to Rs 1.82 crore in 20 years. Talking about the last 10 years, it has given an annualized SIP return of 13.35 per cent.
The monthly SIP of 10 thousand rupees has increased to 24.04 lakh rupees. The monthly instalment of the same amount of Rs. Talking about the last 3 years, this fund has increased money at the rate of 19.5 per cent. During this, it has made Rs 4.82 lakh from a monthly SIP of Rs 10 thousand.
The fund has given excellent returns of 24.66 per cent in the last 2 years, which is higher than its category average (22.72%). And in one year it has given a 6.09 per cent return above its category average (4.95%). however, if compared with the Nifty 100 TRAI benchmark index, then the return is less. This index has given a 7.74 per cent return in one year.
In this way, seen, in the last 3 years, this fund has doubled the money of investors, whereas since its inception till now it has doubled the money 33 times. Some Important things about this fund are Aditya Birla Sun Life Frontline Equity Fund-Growth has an Asset Under Management (AUM) of Rs 21534.38 Crore as on 30th June 2022.
The NAV of this fund as on 29 August 2022 is Rs 338.76. The fund has the highest expense ratio (1.75 per cent) in its category. The fund has invested money in the financial, technology, energy, consumer goods, and automotive industries. Its top 5 holdings include ICICI Bank, HDFC Bank, Infosys Ltd., Reliance Industries, and Larsen & Toubro.
The fund’s holdings, which invest in the domestic market, include 85.6 per cent large-cap companies, 9.31 per cent mid-cap and 2.1 per cent small-cap companies.
(Disclaimer: Mutual fund investments are subject to market risk, read all the scheme documents carefully. If you wish to invest in any fund, first consult a certified investment advisor. For any profit or loss, you may have, please consult a certified investment advisor. We will not be responsible for this.)
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