Name of the Fund: Birla Sun Life Frontline Equity (G)
Ranked #2 by CRISIL
Category: Large Cap Equity
Expense Ratio: 2.48%
Risk Level: Medium
Benchmark: BSE 200
Objective: The fund endeavours to give your investments the much needed edge by investing in promising companies across industries. Objective is to seek long term capital growth through these investments.
Birla Sun life frontline equity fund has made its inception in the year 2002. Since launch, it has delivered a phenomenal return of 23.37% annualized. It has also consistently beaten its benchmark as well as category average.
Top holdings of the fund include Infosys, ITC, ICICI bank, Reliance industries and HDFC bank. It has also declared dividends regularly for its investors. The latest dividend declared was Rs. 1 per unit. If you are willing to take some risk, you can opt for this fund for a period of 3-5 years.