Aditya Birla Sun Life Flexi Cap Fund delivered an exceptionally high performance of 21.73 per cent in the past 25 years and seven months; an investment of ₹1 lakh in the scheme at the time of its launch would have grown to ₹1.53 crore.
The schemes were from different categories such as aggressive hybrid, ELSS, flexi cap, large cap, mid cap fund category. Three flexi cap funds, two mid cap funds, a large cap, aggressive hybrid and an ELSS fund had NAVs of more than Rs 1,000.
Recent research by the online business publication, Moneycontrol revealed that at an issue price of Rs 2,150 per share, mutual funds invested a total of Rs 1,050 crore.
Fund query: How to plan SIPs when you have home loan EMIs
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I am 33 years old, and had been investing in MFs through the SIP route. I was planning a for long-term investment, mainly towards a retirement corpus. But two years ago, I decided to purchase a premium apartment by a very reputed builder. Since then, I have had to temporarily stop my SIP investments to manage the down-payment, EMIs and other related expenses. I currently have investments in Axis Bluechip, Kotak Multicap, ICICI Prudential Large & Mid Cap, Aditya Birla Sun Life Equity Growth, and L&T Midcap. I wanted to know if I should exit/switch from the underperforming funds. Also, recently, I started investing ₹10,000 a month in NPS as I thought it a good choice for retirement. I plan to continue SIPs in Axis Bluechip. Should I make any changes to my plan?