Birla Sunlife Mutual Fund is one of the premier fund houses in the country. It was established in 1994 as a joint venture between Aditya Birla group and Sunlife Financial Inc of Canada. Birla Sunlife Mutual Fund factsheet is the monthly scorecard of all the mutual fund schemes run by Aditya Birla Sunlife Mutual Fund. Before we get into the details of factsheet for Birla mutual fund. lets have an introduction to Birla Sunlife mutual fund.
What does Birla Mutual Fund Fact Sheet tell you
The fact sheet tells you the portfolio and investment profile of all the mutual fund schemes being run by Birla Sunlife Mutual Fund. Every mutual fund company has to publish a fact sheet monthly.
Broadly mutual fund factsheet will contain the following information
- Asset classes of different mutual fund schemes running
- Overview of the prevailing equity and bond market condition by the Investment heads
- Performance of different schemes in last month
- Break up of all securities which are part of the different fund portfolios
Below are the Birla Sunlife Mutual fund fact sheets for last 12 months
- Fact Sheet for month of June 2017
- Fact sheet for Month of May 2017
- Fact Sheet for month of April 2017
- Fact Sheet for month of March 2017
- Fact Sheet for month of Feb 2017
- Fact Sheet for month of Jan 2017
- Fact Sheet for month of Dec 2016
- Fact Sheet for month of Nov 2016
- Fact Sheet for month of Oct 2016
- Fact Sheet for month of Sept 2016
- Fact Sheet for month of August 20116
Some of the key terminologies you would need to know to understand factsheet
Terminologies you need to understand Fact sheet document
- NAV: NAV is net asset values which represent the value of a unit of the mutual fund. NAV for every scheme is calculated at the end of the day every day.
- Benchmark: It is the basket of securities whose performance is used as a standard or benchmark to measure the performance of the mutual fund.
- Modified duration: Modified duration is the price sensitivity or percentage change in price for a unit change in yield. It is used for debt funds
- Sharpe Ratio: Named after its founder William Sharpe is the measure of risk-adjusted return
- Beta : Is the measure of investments volatility vis a vis market
- AUM: AUM is the total assets under management or value of securities held by the mutual fund
- Nature of Scheme: Investment objective and underlying investments decide what is the nature of the scheme.
- SIP: SIP is an acronym for Systematic investment plan It is a term used to denote regular periodic investments in mutual funds. An example of SIP can be a monthly investment of Rs 2000 in any mutual fund.