One must do a great research before jumping with any of the mutual funds and in this category of the research comes Birla Sun Life Frontline Equity Fund or BSLFrontline Equity Fund.
We will analyse the fund’s sector holdings across a three-year time frame and it shows that fund had highest exposure to banking (~16 per cent) followed by software, petroleum products, power and industrial capital goods with exposures in the range of 6-8 per cent.
Birla Sun Life Frontline Equity Fund is a flagship fund of Birla Sun Life Mutual Fund. As on January 3, 2012, the fund has posted annualised returns of 20.06 per cent over three years vis-à-vis 17.29 per cent by the category and 16.73 per cent by the benchmark (BSE 200). It has also outperformed the benchmark as well as the S&P CNX Nifty over 1,3,5 and 7-year time frames.
We are not saying that you go blindly with these mutual funds as past performance is no guarantee for the future and thus any investment in these mutual funds should be taken after a thorough deliberation.
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