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Birla SunLife Top 100 Fund

Large cap companies have turned lucrative post the volatility we have seen in the markets recently. Given their proven operating performance, high operating cash flow from operations, market share and wide distribution network; they are considered a safe bet for conservative to moderate investors. In the large cap fund category BSLAMC has proven itself to be the best player and BSL Top 100 fund is a highly recommended fund. 

 

Since its inception in 2005, BSL Top 100 Fund has withstood several market downturns and has proven its mettle by limiting downside through all the rough cycles to the investors. With its consistency of returns and low risk approach BSL Top 100 Fund has outperformed the benchmarks across all time periods. (Refer graph below)

 

The fund is declaring its annual dividend for FY2016-17, an amount of Rs 1.41/unit (approx dividend yield of 8.2%) under the regular plan, record date being 22nd July 2016. Following are the Key features of the fund:

 

·         With an AUM of Rs 2026 crores (as on 30 June 2016) the fund has returned 15.2% CAGR (as on 19 July 2016) since inception. The fund has declared 13 dividends till date amounting to a total of Rs 14.9/unit and an average dividend yield of 11%.

 

·         An investment of Rs 10000 at inception (24 Oct 2005), would have grown about 4.5X times to Rs 44595 in a little over 10 years. An SIP of Rs 1000 since inception is worth about Rs 286,940 for a principal investment of Rs 129,000, annualized returns of 14.22%, vis-à-vis Rs 220,780 annualized returns of 9.66% by the Nifty 50. (As on July 19 2016. Source: MFI Explorer)





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