Birla Sun Life India Reforms Fund

Birla Sunlife India Reforms Fund is managed by Mr. Naysar Shah. The investment objective is to generate growth and capital appreciation by building a portfolio of companies that are expected to benefit from the economic reforms, PSU divestment and increased government spending. Existing investors can exit this fund and new investors can skip this fund for a better performing fund in this category.

Where does Birla Sunlife India Reforms Fund invest your money?

Birla Sunlife India Reforms Fund is a mid cap equity fund which means your money will be invested in equity and equity related instruments or funds of medium and small sized companies. Mid and small cap companies tend to give kicker returns while large cap companies are stable in comparison to mid and small cap funds. This fund has 41.37% exposure to large companies, 32.52% exposure to medium sized companies and about 25.90% exposure to small sized companies.

Suitable for what?
  • Creating wealth
  • Lifestyle needs
Not suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home Purchase
How has Birla Sunlife India Reforms Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched in June 2010, your value of investments would have dropped to Rs 92135. The performance has not been similar to other funds in this category. 

Assume you had invested Rs 10,000 every month in Birla Sunlife India Reforms Fund through SIP since inception today you would have around Rs 3.34 lakhs.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
What are the charges applicable?

A onetime fee of Rs 100 is charged on investments over Rs 10, 000 made through distributors. If you are a first time investor in mutual funds an additional Rs 50 is charged to cover KYC expenses. This is deducted from your investment and can be skipped if you buy directly from the mutual fund via their website or offices.

If units are sold within a year from the date of allotment an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of Birla Sunlife India Reforms Fund is 2.99%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

The returns in a mutual fund are absolutely tax free, provided you do not withdraw within 1 year.

 

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