Birla Sunlife small and mid cap mutual fund is one of the best in mutual fund industry as it is an attractive robust fund giving higher returns instead of its open ended feature.
It is an equity scheme investing its funds in small and mid cap companies.
NAV of this fund is Rs. 36.12 as on date and it has given returns ranging between 17% - 25% p.a
It has been given a 5 star rating by CRISIL, so it is said to be a 5 star rated fund in the MF industry.
It is an open ended fund where customer can exit from the fund and redeem the amount anytime when he requires.
Birla Sunlife is an old trusted company in market where one can invest without thinking so much still he will be able to get better returns as compared to other open ended funds in the market.