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BSL Buy India Fund
Birla Sun Life Buy India Fund
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Birla Sun Life Buy India Fund
The objective of Birla Sun Life Buy India Fund is to attain long term growth of capital through a portfolio with a target allocation of 100% in equity, focusing on investing in businesses that are driven by India's large population and inherent consumption patterns. Birla Sun Life Buy India Fund is an equity fund aiming to capitalize on the growth opportunities provided by companies that are driven by India's large population and consumption patterns. The prime focus of the scheme is in consumer and healthcare sectors.
The Indian economy has witnessed attractive rates of growth in the past. The large population of the country and their inherent consumption patterns resulting in a surge in demand is one of the major drivers for the attractive growth in the Indian economy.
Launched in January 2000 (as Alliance Buy India Fund and subsequently taken over by Birla Sun Life Mutual Fund on Sep 24, 2005), the fund is an open-ended multi-sector equity fund with majority of the investments in the FMCG and healthcare sectors.
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