Aditya Birla Sun Life Multi-Cap Fund: 5 things to know

The Multi-Cap category fund is mandated to invest at least 25% in each of the three market cap segments of large-cap, mid-cap and small-cap.Premium
The Multi-Cap category fund is mandated to invest at least 25% in each of the three market cap segments of large-cap, mid-cap and small-cap.
 3 min read . Updated: 21 Apr 2021, 01:36 PM IST Staff Writer

Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited (a significant non-bank financial services’ conglomerate), and investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF) has launched the Aditya Birla Sun Life Multi-Cap Fund. The fund will be an open ended equity scheme investing across large cap, mid cap & small cap stocks. The NFO is open from April 19, 2021 till May 3, 2021. The Multi-Cap category is mandated to invest at least 25% in each of the three market cap segments of large-cap, mid-cap and small-cap. This well-defined and disciplined market cap allocation helps invest in fast growing sectors and companies from across the spectrum, while balancing out the risk reward proposition with relative safety of large caps.

Commenting on the launch, A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said, “Large-caps are proven quality compounders and must-haves for any portfolio but from a long term perspective, a healthy exposure to mid and small cap segment is proven to be growth enhancers and rewarding. Aditya Birla Sun Life Multi-Cap Fund combines the power of all three to offer a curated portfolio of high conviction stocks across the three market caps. The fact that one can invest in this through SIPs makes it a convenient way to participate in India’s long term growth story".

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“With an easy fiscal and monetary policy to support economic growth, low interest rate, surplus liquidity, conducive policies aligned to Production Linked Incentives (PLI), Aatmanirbhar Bharat, Development Finance Institution (DFI), labour and industrial reforms, unprecedented digital adoption, brings forth multiple macro advantages that reaffirms the expected growth momentum of Indian economy which can fuel all the segments of the market especially mid and small cap companies", Balasubramanian added.

In a low interest rate environment where traditional savings instruments are going to give sub-par returns, equity is the favourable asset class for wealth creation purpose. Within this, a multi-cap approach enables diversification by way of allocation to all three market caps with one fund. Risk aware equity investors looking for a one stop solution of an aggressive equity fund for long term with an investment horizon of at least five years can opt for this fund. It is an apt investment vehicle for SIP investments to achieve market cap based diversified allocation. The minimum application amount is of ₹500 and in multiples of Re 1 thereafter during the New Fund Offer (NFO) period.

Top 5 key factor of this Aditya Birla Sun Life Multi-Cap Fund NFO

1] It's an open-ended multi-cap scheme mandated to invest in small-cap, mid-cap and large-cap stocks;

2] The Multi-Cap category fund is mandated to invest at least 25% in each of the three market cap segments of large-cap, mid-cap and small-cap;

3] The minimum application amount is of ₹500 and in multiples of Re 1 thereafter during the New Fund Offer (NFO) period;

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4] Investment through Systematic Investmic Plan (SIP) is available; and

5] The last date to apply for the NFO is 3rd May 2021.

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