"An index fund is always a protection device"

Smart Talk

 Birla Sun Life Mutual Fund is the fourth largest fund company with assets of Rs 8,300 crore spread across 17 schemes. In the recent months, the fund house has come out with quite a few product innovations to suit the needs of the present-day markets.

 

 Some new products include Birla Mid-cap Fund, tracking mid-cap stocks; Birla Bond Index Fund, a bond-index fund based on Crisil's Bond Index and Birla Dividend Yield Plus which offers a portfolio of high dividend yield stocks.

 

 S K Mitra, director, group financial services, Aditya Birla Group, who holds additional charge as the managing director of the Birla Sun Life Asset Management Company, speaks about some of the fund