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Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan


Equity: Large Cap

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

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 large-cap fund, if you need to redeem your investment in less than five 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 -- 0.12 -- -- -- -- -- -- -- -- --
S&P BSE 100 TRI -- 0.40 -- -- -- -- -- -- -- -- --
Equity: Large Cap -- 0.38 -- -- -- -- -- -- -- -- --
Rank within category -- 118 -- -- -- -- -- -- -- -- --
Number of funds in category 119 125 124 123 121 118 114 92 78 63 53

As on 15-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Bluechip Fund
5 star
Jan-10 52.69 15.61 16.63 1.70 27,142
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 61.87 14.58 16.18 1.60 25,721
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 63.30 14.60 15.11 0.29 4,022
HDFC Index Fund Nifty 50 Plan  | Invest Online
4 star
Jul-02 62.90 14.33 14.91 0.40 3,210
Canara Robeco Bluechip Equity Fund - Regular Plan  | Invest Online
5 star
Aug-10 57.65 17.63 17.11 2.04 2,886

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week -- - -- -
Month -- - -- -
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 15.84 22.08 0.52 0.62 -- --
Equity: Large Cap* 14.65 21.46 0.49 0.58 0.95 -0.64
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-May-2021

Asset Allocation (%)

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Concentration & Valuation

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Sector Allocation vis-à-vis Category

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Top Holdings

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As on

Fund Manager

— Lovelish Solanki since 19-May-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:


0.12%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 10.0466

IDCW: ₹ 10.0467


Investment Strategy

The scheme seeks to provide returns that closely correspond to the total returns of securities as represented by Nifty 50 Equal Weight TR 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

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 08-Jun-2021
Return Since Launch: 0.47%
Benchmark: NIFTY 50 Equal Weight TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ -- Cr (As on )
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

Upcoming Video

Investors' Hangout

Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM