The Fund Provides A Mix Of Opportunities
A. Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC Ltd, said, the transportation and logistics sector offers a plethora of opportunities for an investor
MUMBAI, Oct 29 (The CONNECT) – Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited has announced the launch of Aditya Birla Sun Life Transport and Logistics Fund, an open-ended equity scheme following the transportation and logistics theme. The new fund offer, launched on Friday, will be open till November 10.
The transportation and logistics theme covers a wide range of sectors. The transportation theme includes sectors like automobiles and auto ancillary while logistics theme includes sectors like ports, warehousing/supply chain, e-commerce and allied sectors. The sectors common to both themes would be shipping, railways, infrastructure and airlines.
It is a large, diversified theme comprising of 20 basic industries with approximately 200 companies that form a part of the listed universe. The fund provides a mix of urban and rural, domestic and international opportunities. Additionally, innovation and new technologies are integral components of this theme.
The Equity portion of the portfolio will follow growth at reasonable price (GARP) and can invest across various sectors within the theme.
A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC Ltd, said, “The transportation and logistics sector offers a plethora of opportunities for an investor. Some of these include the low penetration of passenger vehicles, rising aspirations of buyers backed by increasing per capita income and improving affordability of passenger vehicles, strong government support to EVs, export growth and good domestic manufacturing capabilities of auto ancillaries, and the boost to logistics due to expanded interconnectivity of rail, road and ports to improve mobility with efficiency.”