By Rahul Pithadia : Flipping the calendar is the suitable period to start up with fresh investments. Action is the best cure for anxiety of any type, and financial stress is no exception. Reduce stress this year by setting at least one money-related goal, but make sure it’s achievable. Goals work much better when they’re realistic and specific and below mentioned fund is one of the best picks for 2016 which can push you towards your financial goal.
Birla Sun Life Buy India Fund is a THEMATIC open ended growth plan providing 99.73% exposure to Equity. It is very dynamic fund which focuses on the stocks and sectors which are driven by the large population of country and the natural consumption pattern.
Birla SunLife Buy India Fund – Growth Weekly chart
Birla Sun Life Buy India Fund is a THEMATIC open ended growth plan providing 99.73% exposure to Equity.
Portfolio Analysis:The major focus of the scheme is into banking and automotive sector which is shown in the given table below.
Risk Profile:– This fund is concentrated in a few sectors and holdings which are from Midcap to Small cap space. This increases the risk in case of systematic selloff. However, the fund looks promising from the sectors that look to drive the next phase of up move in India and so some portion of investments can be considered.
In a nutshell, this is one of the preferred funds that we would recommend to invest into in the form of SIP for now and if there is opportunity to buy at lower levels than the investment amount can be proportionately increased.
Start your investment now and get your Portfolio build up for free with us. CONTACT US
