Birla Sun Life Midcap Mutual Fund

Investment Objective

A fund that provides an opportunity to invest in midsized companies which can be potential leaders of tomorrow.

Birla Sun Life Midcap Mutual Fund - Highlights

Long term capital growth
Investments primarily in mid cap stocks

Invest in potential superheroes!

India is a hotbed of mid-sized companies (midcaps) and quite a few of today's midcaps have the potential to become tomorrow's superheroes!

Stocks of midcaps may generally be affordable or undervalued and as they gear up to become tomorrow's leaders, you stand a chance to benefit from their excellent growth, if you invest in them.

Of course, not all stars become superstars. But, you can gain from our expertise in spotting tomorrow's winners today - by investing in Birla Sun Life Midcap Fund (BSL Midcap Fund).

Birla Sun Life Midcap Mutual Fund - Highlights

Long term capital growth with investments in potential superheroes
Stocks with growth potential

Investments In Mid-sized Companies

Midcap companies are currently in a stage of rapid growth. This high growth rate can give you returns on your investments, if the companies are picked carefully.

Careful Selection

Out of a vast pool of mid-sized companies, our fund managers intend to select those well-run, well-led ones that show the potential of becoming tomorrow's leaders. Moreover, we look for companies already growing on their own, when they do become big, you can book handsome returns.

Nature of scheme	An Open ended Growth Scheme
Inception Date (Date Of Allotment)	3-October-2002
Scheme Objective	A fund that provides an opportunity to invest in midsized companies which can be potential leaders of tomorrow.
Asset Allocation	Upto 65%-100% in equity and equity related instruments of Companies with a market capitalization between Rs.150 crores to Rs.1,500 crores (Mid-Cap Stocks). Upto 35% in equity and equity related instruments of companies with a market capitalisation of more than Rs.1500 crores or less than Rs.150 crores. Upto 5% in cash, deposits & money market instruments including mibor linked short term papers.
Investment Strategy	The scheme would invest a substantial portion of its investible assets (over 65%) in Mid Cap companies.This range would change in line with the change in range of the market capitalization criterion of the benchmark. In order to diversify the portfolio, the fund manager may invest upto 35% in stocks which have a higher or lower market capitalization. A small proportion of the investments would also be kept in call and money market instruments Instruments having maturity of one year or less). As a part of the investment strategy the fund would also book profits regularly in order to take advantage of the volatility (The rate of change in the price of a security over a given time) in the market.
Fund Manager	Mr. Nishit Dholakia
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	For redemption/switch out of units within 365 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 365 days from the date of allotment: Nil.
Benchmark	Nifty Midcap 100
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.