Birla Sun Life Infrastructure Mutual Fund

A fund that seeks to participate in growth and development of infrastructure in India by investing in equity and equity related securities of companies in the infra sector.

Birla Sun Life Infrastructure Mutual Fund - Higlights

Long term capital growth
Investments in equity and equity related securities of companies that are participating in the growth and development of Infrastructure in India

With the new Government, there is a strong focus on infrastructure investments, thanks to various new projects. Therefore, investing in infrastructure related companies can prove to be a winning idea for you. You can give this winning edge to your portfolio by investing in Birla Sun Life Infrastructure Fund. It is an Open ended Growth Scheme that seeks to invests in the area of infrastructure across industries like banking & financial services, capital goods, cement, construction, power & power equipment, ports, telecommunication, transportation, etc. However, the Investment Manager may add other sector/group industries, which broadly satisfy the category of infrastructure industries.

Birla Sun Life Infrastructure Mutual Fund - Higlights

Invests in companies with good fundamentals
Focus on infrastructure growth

Investment objective

The scheme seeks to provide medium to long-term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of companies that are participating in the growth and development of infrastructure in India.

Why Infrastructure?

As the new government looks to address the policy logjam, an investment led recovery would pave way for improved manufacturing and service activity. We expect the growth mix to improve in favor of investments (as against consumption) leading to productivity growth over the next 2-3 years. So, we anticipate near term growth improvement on account of cyclical reasons, but as better policy landscape starts to bear fruits, structural recovery would support the near term growth, thus making a case for a higher potential growth rate.

Portfolio positioning and diversification

The portfolio is currently diversified across 17 sectors. Investments in Birla Sun Life Infrastructure Fund goes well beyond roads, bridges and power stations. It also includes critical and diverse sectors like oil& gas, banking, ports, telecom and steel (since development of these sectors also contributes towards India's overall infrastructural growth). Therefore, your investments benefit from the entire nation-building effort.

Nature of scheme	An Open ended Growth Scheme
Inception Date (Date Of Allotment)	17-March-2006
Scheme Objective	A fund that seeks to participate in growth and development of infrastructure in India by investing in equity and equity related securities of companies in the infra sector.
Asset Allocation	80% - 100%: Equities & Equity related securities. 0% - 20%: Debt & Money Market instruments
Investment Strategy	The corpus of the Scheme will be primarily invested in equity and equity related securities of the companies in the Infrastructure Sector. The Scheme may also invest a small portion of its corpus in money market instruments to manage its liquidity requirements. All companies selected will be analysed taking into account the business fundamentals like nature and stability of business, prospects of future growth and scalability, financial discipline and returns, valuations in relation to broad market and expected growth in earnings, the company's financial strength and track record. The scheme may also invest in ADR/ GDR and equities of listed overseas companies. These investments will be made in line with the RBI and SEBI guidelines and will be within the limits prescribed by SEBI/RBI from time to time.
Fund Manager	Mr. Mahesh Patil
Investor Risk Profile	Medium to High
Investment Plans / Options	Dividend (Reinvestment, Payout & Sweep) Growth
Investment Option by default	Dividend Reinvestment
Minimum subscription amount	Rs. 5,000/- and in multiples of Re. 1/- thereafter.
Minimum additional investment	Rs. 1,000/- and in multiples of Re. 1/- thereafter.
Entry Load*	Nil
Exit Load	1% if redeemed /switched out within 365 days from the date of allotment. Nil if redeemed / switched after 365 days from the date of allotment. **Exit Load is NIL for units issued in Bonus & Dividend Reinvestment.
Benchmark	Nifty 50
Indicative Dividend Calendar	At the Discretion of Trustees.
*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.