How the Birla Sun Life MNC Fund Can Help Achieve Your Goals

The Birla Sun Life MNC Fund can help you to achieve a variety of financial goals. The fund helps to grow your savings over the long term by investing in the stocks of multinational companies that show strong and growing revenues and profits, have manageable debt levels, are a market leader for their products, operate a stable business model and have good management teams. The fund has far out-performed its peers and the benchmark CNX Index. Thus, the Birla Sun Life MNC Fund can clearly help you to achieve your financial, given its strong performance and portfolio.

Top Three Things You Should Consider

1. Saving for long-term goals --- The Birla Sun Life MNC Fund is ideal for long-term goals, as one of the aims of its fund manages is You can build up a good corpus for long-term goals such as putting together the down payment on you dream house, or saving enough to buy a car or some other gadget without having to take loans, or for the purpose of saving for retirement. Any long-term saving must give returns that help you to overcome inflation; the MNC Fund is a good bet given its high returns of 24.42% (compound annual growth rate, or CAGR) since inception. By contrast, the benchmark CNX MNC Index gave a CAGR of a lower 16.34%. When saving for the long-term, it is a good time to invest via the systematic investment plan, or SIP route. You can invest a certain fixed sum every month; this way, you don’t need to commit a large sum of money right away, and you bring discipline to your financial planning. 
2. Saving for your children’s education or marriage --- If you want to be able to send your child to the US or to Europe for higher studies, without having to depend on a scholarship, you will need a sizable corpus (remember that the cost of education should include living expenses and expenses on books and transport). Similarly, if you wish to splash out on your daughter or son’s wedding, you should start building your nest egg from today.
3.  Parking unexpected or one-time awards such as a large bonus, or a gift from a relative. You could invest the large bonus or monetary gift that you received as a lump sum into the Birla Sun Life MNC Fund. You can then remain invested in this fund and opt for a systematic withdrawal plan or SWP some years down the line, when you need to supplement your income.