Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|Aditya Birla SL Infrastructure Fund - (G)||31.05||[4.43]||0||0||[2.73]||0|
|Aditya Birla SL Emerging Leaders Fund-Sr.4 (G)||13.77||[3.91]||0||0||[9.11]||0|
|Aditya Birla SL Resurgent India Fund-Sr.6 (G)||8.29||[3.72]||0||0||[16.77]||0|
|Aditya Birla SL MNC Fund - (G)||715.11||[3.07]||0||0||[3.70]||0|
|Aditya Birla SL Resurgent India Fund-Sr.7 (G)||7.92||[3.06]||0||0||[14.47]||0|
One India Bulls Centre,Tower 1,
17th Flr,Jupiter Mill Compound
841,Elphinstone Road, Mumbai 400013
505, Abhijeet 5th Floor,
Mithakali Six Road,
Navrang Pura, Ahmedabad -380 009.
|Phone : 43568000||Phone : 079-2640 3553/48,6407942|
|Email : firstname.lastname@example.org||Email : email@example.com|
|Website : www.birlasunlife.com||Website : www.birlasunlife.com|
Birla Sun Life Mutual Fund
Birla Sun Life Asset Management Company Ltd. (BSLAMC), the investment managers of Birla Sun Life Mutual Fund, is a joint venture between the Aditya Birla Group and the Sun Life Financial Services Inc. of Canada. The joint venture brings together the Aditya Birla Group's experience in the Indian market and Sun Life's global experience.
Established in 1994, Birla Sun Life Mutual fund has emerged as one of India's leading flagships of Mutual Funds business managing assets of a large investor base. Our solutions offer a range of investment options, including diversified and sector specific equity schemes, fund of fund schemes, hybrid and monthly income funds, a wide range of debt and treasury products and offshore funds.
Birla Sun Life Asset Management Company has one of the largest team of research analysts in the industry, dedicated to tracking down the best companies to invest in. BSLAMC strives to provide transparent, ethical and research-based investments and wealth management services.
The Aditya Birla Group
The Aditya Birla Group is one of India's largest business houses. Global in vision,
rooted in Indian values, the Group is driven by a performance ethic pegged on value creation for its multiple stakeholders.
The Group operates in 26 countries – India, UK, Germany, Hungary, Brazil, Italy, France, Luxembourg, Switzerland, Australia, USA, Canada, Egypt, China, Thailand, Laos, Indonesia, Philippines, UAE, Singapore, Myanmar, Bangladesh, Vietnam, Malaysia, Bahrain and Korea.
A US $29 billion corporation in the League of Fortune 500, the Aditya Birla Group is anchored by an extraordinary work force of 130,000 employees, belonging to 40 different nationalities. Over 60 per cent of its revenues flow from its operations across the world.
The Aditya Birla Group is a dominant player in all its areas of operations viz; Aluminium, Copper, Cement, Viscose Staple Fibre, Carbon Black, Viscose Filament Yarn, Fertilisers, Insulators, Sponge Iron, Chemicals, Branded Apparels, Insurance, Mutual Funds, Software and Telecom. The Group has strategic joint ventures with global majors such as Sun Life (Canada), AT&T (USA), the Tata Group and NGK Insulators (Japan), and has ventured into the BPO sector with the acquisition of TransWorks, a leading ITES/BPO company.
Sun Life Financial
Sun Life Financial Inc is a leading international financial services organization providing a diverse range of wealth accumulation and protection products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial Inc and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda.
Sponsor: Aditya Birla Nuvo Limited, Sun Life (India) AMC Investments Inc.
Trustee: Birla Sun Life Trustee Company Private Limited
Investment Manager: Birla Sun Life Asset Management Company Ltd. (BSLAMC)Statutory Details: Birla Sun Life Mutual Fund, a trust set up under the provisions of the Indian Trusts Act, 1882.
capital market/10:45, Jun 10, 2019
With effect from 06 June 2019
India Infoline News Service/10:50, Oct 27, 2017
Balance funds are a mix of stocks and bonds which reflects a moderate approach. The primary goal of balanced funds is to create regular and stable income by investing in debt securities and invest a portion in equity for capital appreciation.
Daily chart analysis indicates that Nifty FMCG index is on the verge of an Inverse Head and Shoulder pattern breakout. A close above the 25270 mark will confirm the same.
With strength in Oil & gas and pharma sector, the decline in Nifty has got arrested while broader index like CNX 500 is yet to confirm a bottom (though the selling pressure has stopped). Hence the composition of Nifty turns out to be better in assisting quick recovery and we feel that the stage is set for the key indices to surge higher towards 8,400.
The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.
Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.
Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.
Growth will come back and people will take time to adjust, which is why we will spend the next 1-1.5 years in a consolidation phase....