Birla Mutual Fund

Birla Analyst Review By Research Desk | Nov 28, 2007 | Email qualify to a friend It stole the show in 1999 and and so dour into a meager side show for deuce years. However, subsequently having been acquired by Birla Sun Life, the gunstock has evolved into a unswerving instrument over the past few years This erstwhile hamper fund seems to be regaining its days of glorification scarce without the brashness of its youth. After a dazzling capital punishment of 280 per cen cartridge clip (1999) and a miserable two years (2001, 2002), it instantaneously seems to be back on track. Like a chameleon, this superstar always changed its colours. In its initial years, it was a dangerously concentrate go with extreme concentration in few technology stocks, followed by a stream of small holdings. It paid cancelled handsomely before falling in the doldrums. What followed (since 2003) were smaller portfolios of 30-35 stocks with the institutionalise volt holding s consuming 35 per cent of the assets. This brought in the some(prenominal) requisite sectoral diversity. A good move at this time was the denomination of the mid-cap rally early enough. In September 2005 the fund was acquired by Birla Sun Life. The natural consequence was a crossificant toning aim of the aggression.

The number of stocks gradually rose to about 50 and the superlative 5 holdings now add up to just well-nigh 20 per cent of the assets, which remain evenly spread across large- and mid-caps. Whats more, the fund manager does not hesitate to shift a considerable part of assets to cash at the first sign up of trouble. Despite this ongoing transformation, the fun d has evolved to be a steady, well-diversifi! ed, multi-cap ecstasy that has consistently beaten the category average. With erratic performances and concentrated portfolios beingness a trend of the past, this fund is suitable to be among the font center holdings of your portfolioIf you want to get a full essay, grade it on our website: OrderEssay.net

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