In this mutual fund scheme, investors’ money is getting double every three years! Know all its details

Aditya Birla Sun Life Frontline Equity Fund: The number of mutual fund investors is continuously increasing. Nowadays people invest heavily in mutual funds because they get better returns in it. If you want to get returns up to two times in small investments, then we are giving you information about a great mutual fund investment option. The money of people investing in this mutual fund has doubled in three years. If you also want to double your money in the short term, then you can invest in Aditya Birla Sun Life Frontline Equity Mutual Fund. Let us tell you about the details of this mutual fund-

Earning double in 3 years
Talking about Aditya Birla Sun Life Frontline Equity Fund last year, it has given bumper returns to its investors. According to the report published in Live Mint, this mutual fund was started by Aditya Birla 20 years ago. In the last 20 years, this mutual fund has given returns of around 19.25% to its investors. On the other hand, if we talk about the last three years, then investors have doubled their money. If a person has done a monthly SIP of about Rs 10,000 in this scheme, then he will get about Rs 1.82 crore in 20 years.

In the last 10 years, by doing a monthly SIP of Rs 10,000, you have created a huge fund of Rs 24.06 lakh by the investors. On the other hand, if we talk about the last 5 years, then on a monthly SIP of Rs 10,000, a hefty fund of Rs 8.61 lakh has been received. The fund has given a return of 19.5% in the last three years. At the same time, in two years, the fund has given a great return of 24.66% to the investors.

Know here the important things of this mutual fund-
Aditya Birla Sun Line Frontline Equity Fund has a growth of Rs 21534.38 Crore as on 30th June 2022. At the same time, the NAV of this fund stood at Rs 338.76 as on 30 August 2022. Wherein it has the highest access ratio in its category. This fund has invested money in different sectors such as energy, consumer goods, financial, technology and automotive industry. Along with this, the big five holdings of this fund are Infosys Limited, Reliance Industries, ICICI Bank, HDFC Bank and Larsen & Toubro.

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