Fund Name: Birla sun life long term advantage (G)
CRISIL Rank: 1
Category: Equity – Large cap
Expense Ratio: 2.85%
Risk Level: Average
Benchmark: S&P BSE 200
Objective: Aims at providing long-term capital appreciation by investing predominantly in a diversified portfolio of equity and equity-related securities.
Birla sun life long term advantage (G) has made its inception in the year 2006. Since inception, it has produced annualized returns of 8%. It has managed to beat the benchmark index as well as category average consistently in the 1, 3 and 5 year returns.
Top 5 holdings of the fund include ICICI bank, ITC, L&T, HDFC bank and Axis bank. The fund has been through ups and downs, which can be seen in the 3 year and 5 year performances. However, the long term returns of the fund indicate the true potential of fund to be a leader in the large cap space.