A gilt-edged opportunity to invest in stocks abroad
Would you like to invest in stocks abroad, and with minimal risks? If so, Birla Sun Life International Equity Fund (BSLIEF) is the right choice for you. BSLIEF is the first Indian fund that offers investment opportunities across the globe, irrespective of any geographical bias, sector bias and market cap bias. The fund opened for subscription on Sep 17 and closes on Oct 16, 2007.
The fund’s international portfolio will be advised by Standard & Poor’s, one of the the largest research houses in the world, and the investments will be only in 4 and 5 star rated companies.
An open-ended diversified equity scheme, the Fund has two options - Plan A will have 90 - 100 % International Exposure, Plan B will have 25 - 35 % international exposure and 65 - 75 % with domestic investments. It seeks to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in international markets under Plan A and in the domestic and international markets under Plan B.
Why international investing?
Equity investors should look at the vast opportunities that are available globally. Invest in some of the truly global companies. For instance, pick the best company in each sector irrespective of the country rather than having limited choice. Diversify your investments, thereby reducing overall risk. Global events may affect Indian markets while the converse is not necessarily true. Hence, there is a real case for diversifying internationally.
For further information Contact: Invest India 9845870498, 26127994, or walk in at 1994, 24th Cross, 9th Main, BSK II Stage, opp. Bata Showroom, Bangalore-70.
