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Unrated

Aditya Birla Sun Life Nifty Midcap 150 Index Fund - Regular Plan


Equity: Mid Cap

Suitability:

When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- -0.68 0.62 9.64 12.48 -- -- -- -- -- --
S&P BSE 150 MidCap TRI -- -0.85 0.67 9.10 13.33 -- -- -- -- -- --
Equity: Mid Cap -- -0.65 0.33 8.27 13.12 -- -- -- -- -- --
Rank within category -- 21 13 7 20 -- -- -- -- -- --
Number of funds in category 30 33 33 33 33 32 30 23 20 20 18

As on 24-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Nifty Midcap 150 Index Fund - Regular Plan  | Invest Online
Unrated
Apr-21 -- -- -- -- 49
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 79.86 24.36 17.35 1.81 15,709
Axis Midcap Fund
5 star
Feb-11 72.00 25.77 21.07 1.84 14,804
DSP Midcap Fund - Regular Plan  | Invest Online
4 star
Nov-06 57.41 21.32 15.73 1.80 13,774
Nippon India Growth Fund  | Invest Online
4 star
Oct-95 84.20 25.04 17.64 1.90 11,322

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.95 26-Aug-2021 - 02-Sep-2021 -3.64 08-Apr-2021 - 15-Apr-2021
Month 11.88 14-May-2021 - 15-Jun-2021 -2.24 23-Jul-2021 - 23-Aug-2021
Quarter 18.31 19-Apr-2021 - 19-Jul-2021 5.82 24-May-2021 - 23-Aug-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 150 MidCap TRI* 18.95 26.72 0.56 0.56 -- --
Equity: Mid Cap* 18.61 24.45 0.60 0.64 0.89 1.27
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 150
Top 10 Stocks (%) 16.76
Top 5 Stocks (%) 9.32
Top 3 Sectors (%) 40.39
Portfolio P/B Ratio 3.07
Portfolio P/E Ratio 30.53

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 29,557 28,737
Giant (%) 2.46 4.79
Large (%) 9.45 13.56
Mid (%) 85.93 76.29
Small (%) 2.17 7.74
Tiny (%) -- 0.20

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Adani Total Gas Energy 270.37 2.54 1.54 2.45
down SRF Diversified 46.05 1.81 1.30 1.81
down Crompton Greaves Consumer Electricals Consumer Durable 47.24 1.80 1.42 1.72
down PI Industries Chemicals 62.50 1.68 1.44 1.68
down Shriram Transport Finance Company Financial 15.51 1.84 1.66 1.66
down Laurus Labs Healthcare 31.07 1.75 1.25 1.60
down AU Small Finance Bank Financial 28.60 1.67 1.44 1.52
down Mphasis Technology 48.90 1.47 1.06 1.47
down MindTree Technology 61.10 1.43 0.96 1.43
down Voltas Consumer Durable 71.89 1.61 1.42 1.42
down Max Financial Services Financial 114.16 1.48 1.35 1.41
down Trent Services -- 1.39 1.23 1.39
down Bharat Electronics Engineering 24.21 1.38 1.14 1.37
down Tata Power Company Energy 33.88 1.34 1.22 1.34
down Cholamandalam Investment & Finance Company Financial 33.32 1.64 1.17 1.34
down Bharat Forge Automobile 228.10 1.24 1.12 1.19
down Container Corporation Of India Services 60.56 1.29 1.11 1.15
down Balkrishna Industries Automobile 37.28 1.22 1.04 1.14
down Page Industries Textiles 96.04 1.25 1.10 1.12
down Dalmia Bharat Construction 30.83 1.11 0.90 1.11
down Astral Chemicals 93.14 1.15 1.01 1.11
down Ashok Leyland Automobile -- 1.22 1.09 1.09
down Ipca Laboratories Healthcare 30.45 1.08 0.90 1.08
down Sundaram Finance Financial 22.68 1.22 1.08 1.08
down SAIL Metals 4.82 1.29 1.08 1.08

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2021

Fund Manager

— Kedarnath Mirajkar since 05-Aug-2021

Education: Mr. Mirajkar has done PGDBM (Finance)

Experience: Prior to joining ABSLAMC, he has worked with HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.

Funds Managed:

— Lovelish Solanki since 15-Mar-2021

Education: He has done BMS and MMS in finance.

Experience: Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives - Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.

Funds Managed:


-0.68%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 12.5196

IDCW: ₹ 12.5180


Investment Strategy

The scheme seeks to provide returns that closely correspond to the total returns of securities as represented by Nifty Midcap 150 Index, subject to tracking errors.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0.5% for redemption within 90 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Apr-2021
Return Since Launch: 25.20%
Benchmark: NIFTY Midcap 150 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 49 Cr (As on 31-Aug-2021)
Expense: -- (As on )
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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