The correction in the mid- and small-cap stocks and its consequent
impact on mutual funds, mainly on mid- and small-cap funds, after a
stellar performance over the past two years, must have set you thinking
on what you should be doing with your holding and what future position
you should take on the mid- and small-cap space. If we look at the
history this fund has given promising return and also has inherent
potential ahead. Investments through SIP will be the best route to
travel the journey. So find the below research.
Birla Sun life MNC Fund Growth:
Birla Sun life MNC Fund is an open ended growth
scheme which invests primarily in the small cap and mid cap sector which
has high potential to provide returns in the future.
Objective: To achieve growth of capital at
relatively moderate levels of risk by investing in securities of
multinational companies through in depth research.
Portfolio Analysis: This fund invests around 38% in the top 5 holding which are mentioned below:
Risk Parameters: As the investments are made in mid
cap stocks the risk associated with this fund is high but as they are
MNCs and hence during the correction there will not be much pain as
compared to other high beta stocks.
Technical Perspective: Above daily chart shows that,
post the completion of wave 2 near 540 levels prices started to move on
upside in form of wave 3. We have been very accurate in capturing the
entire up move in the form of wave 3. Many believed that wave theory
will not be useful on individual fund’s NAV but we managed to identify
the best ones capable of giving the 3rd wave on upside. Birla
MNC fund is a classic example of the same and it still has lot of
potential from here on. Prices might have completed wave iii of 3 and
post that we are witnessing overlapping movement wave iv of 3. It is
time to keep accumulating this fund on every dip to later ride the
strong up trend ahead.
In a nutshell, if we look at the history this fund
has given promising return and also has inherent potential ahead.
Investments through SIP will be the best route to travel the journey.
Invest NOW in Birla Sun life MNC Fund online – Click here
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