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Birla Sun Life Basic Industries Fund

  
 
 
 
 
 
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Birla Sun Life Basic Industries Fund
 
With the Indian economy expected to grow at attractive rates, investments in funds focusing on the economically sensitive sectors (core sectors) are an attractive investment avenue. Birla Sun Life Basic Industries Fund is an open-ended equity fund investing in basic and core sector industries like Banks, Capital goods and Automobiles. Since the fund invests in the core sectors, the performance of the fund is directly linked to the economy's growth. Launched in January 2000 (as Alliance Basic Industries Fund and subsequently taken over by Birla Sun Life Mutual Fund on Sep 24, 2005), the fund is a multi-sector equity scheme investing primarily in economy related cyclical stocks. This fund invests in a wide range of industries which includes automobiles, cement, construction, metals, capital goods, petrochemicals, steel, paper etc.
 
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