Birla Mid Cap Fund

Birla Mid Cap Fund

Issue details
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Opening date	September 10, 2002	Issue price	Rs.10/-
Closing date	October 1, 2002	Minimum investment	Rs.5,000/-
Entry load	Nil	Type	Open-ended equity fund
Exit load	1%, if redeemed within six months.

Nature of the Scheme:The objective of the Fund is to achieve long term growth of capital at controlled level of risk by primarily investing in mid-cap stocks.

Highlights

This scheme offers dividend plan and growth plan.

The scheme offers the unit holders an option to switch all or part of their investment in the scheme to any other scheme of Birla Sunlife Mutual Fund.

The entire initial issue expenses of the respective Plans will be borne by the AMC.

Investment Strategy

Under normal circumstances, the fund would invest in atleast 20 companies and six sectors with a maximum exposure of 25% to each sector.

Performance of other funds in the fund house

Name	1 months	3 months	1 year	3 years	inception
Birla Cash Plus	0.56%	1.71%	7.48%	8.62%	9.04%
Birla Income Plus	1.13%	4.59%	13.34%	13.67%	13.73%
Birla Gilt Plus	0.94%	4.89%	16.68%	N/A	15.98%

Risk Perception

Birla Mid Cap fund is a new concept in the MF industry. The exsisting funds in the fund house are known for generating steady returns. From the history of equity markets it is observed that midcap companies have outperformed the largecap ones. Therefore, investors looking for good returns with reasonable risk, this fund would be the best bet.