OTHER•INDEX FUND
Aditya Birla Sun Life Nifty 50 Equal Weight Index
3 Year return
13.88%
NAV on August 28, 2026
19.1541
1D Returns
-0.06%
Launched on May 2021(5 years)
Investment Details
₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
24.61%₹886
Total Value ₹4,486
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹530.13 Cr.
Expense Ratio
0.43% (inclusive of GST)
Exit Load
Nil
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
0
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
Aditya Birla Sun Life Mutual Fund Manager
MD
Mehul Dama
Fund Manager since Jul 2026
PS
Priya Sridhar
Fund Manager since Dec 2024
Fund House Details
Aditya Birla Sun Life Mutual Fund
Asset management company
AUM
₹4,32,523.84 Cr.
No. of Schemes
238
Setup Date
September 1994
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Motilal Oswal Nifty Midcap 150 Index Fund | 18.107% | 0 |
| Aditya Birla Sun Life Nifty Midcap 150 Index Fund | 17.9788% | 0 |
| Nippon India Nifty Midcap 150 Index Fund | 17.8643% | 0 |
Schemes by Aditya Birla Sun Life Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Aditya Birla Sun Life Aggressive Hybrid Fund Growth Direct Plan11.4847%
Hybrid . Aggressive Hybrid Fund
Aditya Birla Sun Life Aggressive Hybrid Fund Direct Plan IDCW Payout11.4821%
Hybrid . Aggressive Hybrid Fund
Aditya Birla Sun Life Aggressive Hybrid Fund IDCW Reinvestment Direct Plan11.4821%
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
13.1859%
Expense Ratio
0.43%
Fund Manager
Mehul Dama
Fund Size
₹530.13 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 |
| Address | 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.
Take the Guessing out of Investing
Compounding in SIP can make it difficult to estimate the expected returns in a mutual fund. The process of guessing can be replaced with estimating as Angel One's free SIP calculator gives you the approximate amount to be expected. The SIP calculator online takes into consideration the principle of compounding and gives your return amount depending on variables such as years, SIP amount as well as the expected rate of return.
FAQs
What is today's NAV of Aditya Birla Sun Life Nifty 50 Equal Weight Index ?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Aditya Birla Sun Life Nifty 50 Equal Weight Index on August 28, 2026, is ₹19.1541
What is the AUM of Aditya Birla Sun Life Nifty 50 Equal Weight Index ?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Aditya Birla Sun Life Nifty 50 Equal Weight Index , is ₹530.13 crore.
What is the expense ratio of Aditya Birla Sun Life Nifty 50 Equal Weight Index ?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Aditya Birla Sun Life Nifty 50 Equal Weight Index is 0.43%
What are the returns of Aditya Birla Sun Life Nifty 50 Equal Weight Index since inception?
The Aditya Birla Sun Life Nifty 50 Equal Weight Index was launched on May 19, 2021. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Aditya Birla Sun Life Nifty 50 Equal Weight Index ?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Aditya Birla Sun Life Nifty 50 Equal Weight Index is ₹100.
How do I invest in Aditya Birla Sun Life Nifty 50 Equal Weight Index ?
- 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 ?
- 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 ?
- 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 ?
- 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.
ENTER AMOUNT
₹
₹4,486 in 3Y at 13.8827% returns
SIP Date1st of every month
Your next SIP Payment will be on 28 September 2026
By proceeding, you accept AngelOne's T&C
