3 Year return
17.22%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹342.36 Cr.
Expense Ratio
0.4% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Aditya Birla Sun Life Mutual Fund Managers
LS
Lovelish Solanki
Fund Manager since Apr 2022
Fund House Details
Aditya Birla Sun Life Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Motilal Oswal Nifty Smallcap 250 Index Fund |
23.07% |
0 |
Motilal Oswal Nifty Midcap 150 Index Fund |
23.43% |
0 |
UTI Nifty Next 50 Index Fund |
19.88% |
0 |
Schemes by Aditya Birla Sun Life Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Aditya Birla Sun Life Arbitrage Fund Direct IDCW Payout
Hybrid . Arbitrage Fund
Aditya Birla Sun Life Arbitrage Fund Direct IDCW Reinvestment
Other . FoFs Domestic
Aditya Birla Sun Life Active Debt Multi Manager FoF Scheme Direct Plan Growth
Other . FoFs Domestic
Aditya Birla Sun Life Active Debt Multi Manager FoF Scheme Direct IDCW Payout
Other . FoFs Domestic
Aditya Birla Sun Life Active Debt Multi Manager FoF Scheme Direct IDCW Reinvestment
About Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth is an index fund managed by Aditya Birla Sun Life Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. The fund tracks the Nifty 50 Equal Weight Index, which is a market-cap-weighted index of the 50 largest stocks listed on the National Stock Exchange of India. The fund has a low risk profile, making it suitable for investors who are looking for a low-cost way to track the performance of the Nifty 50 Index. The fund has been around for over 2 years and has a good track record of performance. The fund's expense ratio is 0.39%, which is lower than the average expense ratio for index funds.
Investment Objectives of the Scheme
The investment objective of the Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth is to track the performance of the Nifty 50 Equal Weight Index. The fund will invest at least 80% of its assets in stocks of companies that are included in the index.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.4% |
Fund Manager | Lovelish Solanki |
Fund Size | ₹342.36 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth is a good option for investors who are looking for a low-cost way to track the performance of the Nifty 50 Index. The fund is also a good option for investors who are looking for a low-risk investment. However, the fund is not suitable for investors who are looking for high returns. The fund's investment objective is to track the performance of the Nifty 50 Index, which means that you may not see significant returns in the short term.
AMC Contact Details
Name | Aditya Birla Sun Life Mutual Fund |
Launch Date | September 1994 |
Addresss | One India Bulls Centre, Tower-1, 17th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai, 400013 |
Contact | 1-800-22-7000 |
care.mutualfunds@adityabirlacapital.com | |
Website | https://mutualfund.adityabirlacapital.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund?
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What are the returns of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund since inception?
What is the minimum SIP amount to invest in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund?
How do I invest in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.