Birla Sun Life Capital Protection Oriented Fund tops MFs last week


Bangalore: Birla Sun Life Capital Protection Oriented Fund (Series 5) led the mutual fund schemes last week with a growth rate of 3.84 percent. As on April 15, the net asset value (NAV) of the scheme was 10.3839. Birla Sun Life Capital Protection Oriented Fund is a close ended Growth Scheme with a primary investment objective to provide capital appreciation linked to equity market with downside protection at the end of tenure. According to mutualfundsindia.com, other mutual funds which followed Birla Sun Life Capital Protection Oriented Fund are ICICI Prudential FMCG - Growth, Reliance Pharma Fund - Growth, Birla Sun Life Pure Value Fund - Growth and UTI Mid Cap Fund - Growth with growth rates of 3.0079, 2.0799, 1.298 and 1.2897 respectively. As on Mar 31, 2011, the fund size of the Birla Sun Life Capital Protection Oriented Fund was 103.02 crore. Satyabrata Mohanty is the Fund Manager of the scheme.