MySIPonline Gives A Buy Call on ABSL Equity Advantage Fund


Posted May 22, 2019 by mysiponline

Experts at MySIPonline recommend buying ABSL Equity Advantage Fund. Read to know the reasons and also find out who are the suitable investors for the scheme.

 
With a positive outlook towards the equity market in the post-election surge, experts have given a buy call for the bellwether equity scheme in the large and mid-cap category. According to the analysis of the experts at MySIPonline, Aditya Birla Sun Life Equity Advantage Fund can be an instrumental avenue to make an additional purchase in the current trends as the post-election surge is gesturing towards phenomenal gains for the portfolio of ABSL Equity Advantage Fund.

The Co-Founder of MySIPonline Mr Virendra Ranawat stated: “In recent years, large and mid-cap stocks have displayed impressive performance and with expectations of BJP led government to remain in the power, sentiments are high for large and mid-cap equity mutual funds”.

However, the swings in the market due to Lok Sabha Elections aren’t expected to last longer but the market is likely to remain pleasant for equities in the upcoming years. Experts have shown a keen interest in ABSL Equity Advantage Fund as the portfolio of the scheme is constructed with quality ingredients that have a strong prospect in the upcoming trends.

With the vast experience of asset management for nearly 2 decades, Mr Satyabrata Mohanty has always utilised the market conditions in the most efficient manner. The same can be expected to occur in the next few months.

Last time when BJP came into power in 2014, the NAV of ABSL Equity Advantage Fund surged more than 60% within the calendar year under the management of Mr Mohanty. The benchmark and category average were no match with the gains provided by the scheme. It would be interesting to watch how the experience of the manager can be advantageous for the investors when the NDA Government comes to power again for the next 5 years.

The flagship large and mid-cap fund of Aditya Birla Sun Life Mutual Fund has high stakes in the private sector giants while mid-cap stocks are present in a large number. The top holdings in the portfolio signify thriving growth for the investors.

Who Should Invest?

As the equity market is currently in a volatile phase, the investments must be done for a long tenure. Pure equity schemes always incur a decent amount of risk and the potential investors must be ready for it. Conservative investors are advised to skip this scheme.

To avoid any injury, it is advised to take the assistance of financial experts as the market conditions generally remain volatile and it can be challenging for a layman to make the right decision during such trends.

For any query regarding mutual funds, the experienced financial experts at MySIPonline can be reached out anytime at 9660032889.

For more details, visit: https://www.mysiponline.com/mutual-fund/birla-sun-life-advantage-fund/mso795
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Tags absl equity advantage fund , absl equity advantage fund growth , absl equity advantage fund nav , absl equity advantage fund peformance , aditya birla sun life equity advantage fund , aditya birla sun life equity advantage fund growth , aditya birla sun life equity advantage fund nav , aditya birla sun life equity advantage fund performance
Last Updated May 22, 2019