We live in a globalized world, where the connectivity amongst different parts of the world has never been stronger. Powered by the internet, our world has become more open in every sense; be it international trade, government collaborations or general connectivity between the people. As a result, the giants of the corporate world, a.k.a. the multinational companies, have leveraged on such opportunities and achieved superb success.
Thus, owning a stake in such companies can be marvelously beneficial for the stakeholders and can pave new ways to their success. Aditya Birla Sun Life MNC Fund is the most appropriate gateway present today to buy a stake in such thriving companies. Aditya Birla Sun Life Mutual Fund, the largest and most widely known assets management company in India, has come up with this superbly designed plan that lets you enjoy a slice of the big multinational pie, through the magic of mutual fund investing.
Launched way back in 1994, ABSL MNC Fund has been playing remarkably well in the market and has stood ahead of the benchmark for years. Also, it is the highest rewarding scheme in the category of MNC mutual funds which further makes it reasonable to keep this fund on your bucket list.
To ensure that your plan is geared towards success and has all the essential traits to be called infallible, a detailed account of ABSL MNC Fund G has been given below. This information will help you identify many useful facts about this fund, thus ruling out the possibilities of you being wrong about your investment choices.
The Basics
Aditya Birla Sun Life MNC Fund is an equity oriented mutual fund that predominately invests in the stocks of powerful multinational companies, having immense potential for future growth capacity to withstand market rundown. This investment strategy enables the fund to achieve long-term capital appreciation with moderate exposure to risk. The fund also buys reasonable stakes during IPOs and other primary market issues.
The Essentials
The NAV
The NAV, or the Net Assets Value, is the per unit value of the total assets held by the fund. An increase in the value of the NAV refers to the rise in the value of the underlying securities and instruments that form the portfolio of the fund. At present, the Aditya Birla Sunlife MNC Fund NAV is floating at Rs. 758.16 as recorded on 22nd June 2018 with a hike of 0.32% in its value. Also, note that the fund handles a corpus of Rs. 3373 crore, as recorded on 31st May 2018.
The Performance
Aditya Birla Sun Life MNC Mutual Fund is one of the top performers in the industry. With a golden record, this fund has established itself as one of the best opportunities available in the mutual fund market, precisely leveraging on giant multinational corporates. The fund has outperformed the benchmark many times in the past two decades, and now been moving in tandem with it from past 4-5 years. The following chart will further clear the fund-benchmark relationship: -
The above table clearly shows that the fund has always been ahead of the benchmark and the peer in the last five years, by giving better returns in both short-term and long-term investment horizon. Also, the yield to date of the fund is quite appealing, standing at 19.60% against the standard yield of 16.88% achieved by the benchmark.
The Suitability
Aditya Birla Sunlife MNC Fund (G) is a rare and powerful combination of high yield and growth. A fund is thus an essential tool for increasing one’s portfolio’s earning capacity and swelling the chances of high growth till maturity. However, this fund is not a universal recommendation. This is because it has reasonable incorporation, though calculated, of risk which may make it slightly difficult for the risk-averse investors to partake in it. However, if you are ready to raise the tolerance for the sake of investing in this powerful fund, then you can consider having it on your prospective investment plan.
Globalisation has led to the emergence of new and better prospects of growth and earnings, both at the corporate and individual levels. Thus, considering investments in the funds that are leveraging on MNCs may open up new ways of success. So, discuss with your financial advisor and ask him how Aditya Birla Sunlife MNC Fund can open the path to success for you.
The author is an investment expert working with MySIPonline. She has been working for years and has gained vast knowledge and understanding of the mutual fund investment market.