Birla Sun Life Mutual Fund India

Birla sun life mutual fund has well known name in the industry of mutual funds companies. The company started on December 24, 1994, the mutual fund is sponsored by birla global finance limited.

The company has a great name in mutual funds because it provides all kind of funds and provides the full support to its investors and gives them the advice for the investment.

The bank offers a wide range of investment options such as equity scheme, debt fund, hybrid fund, offshore fund etc.

The bank categorized the equity scheme in three different parts such as diversified fund, theme based fund and sector fund. The diversified equity fund is the long-term investment option, which suits those people who want to save their money.

The equity fund gives the option to investor to take full advantage of capital growth opportunities provided by the stock market with low risk. The big portion of money invests in high growth sector and remaining money invests in the sunrise industries. The bank launched this fund s in august 1998; the fund is open-ended growth scheme.

The debt scheme is a long run scheme so the bank divided it into the different short fund for the convenience of the investor. The funds are such as income plus, dynamic bond fund, gift fund, short-term funds, floating rate funds, cash funds, fixed maturity plans, fixed term funds and interval income fund.

This kind of investment is safe and risk free because the investor invests its money government schemes and market instruments. The main object of the fund is to generating income and capital appreciation for the investor to invest in government security fund because they are low risk and liquid so there is no risk of loss.

The floating rate fund is another good offer because it is an open-ended income fund. The main object of the fund is to invest money in floating rate debt instrument; the fund is low risk also. The floating rate fund gives the best income while the interest rate grows up.

The fund invests a small portion of its money in fixed rate debt securities and money market instrument. Such as stock exchange. The bank also introduced the fixed maturity plan is designed to control the price risk because it is a close ended debt fund so it is ideal for those investors who invest their money for long term and take the interest for fixed period.