3 Year return

15.66%
Launched on January 2013 (11 years)

Investment Details

₹1000

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹749.81 Cr.

Expense Ratio

0.2% (inclusive of GST)

Exit Load

Nil

Ratings

0

Ratings by other agencies

3
2
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

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

AUM ₹312,323.01 Cr.
No. of Schemes 238
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Aditya Birla Sun Life Mutual Fund

List of mutual fund schemes by AMC

About Aditya Birla Sun Life Nifty 50 Index Fund Growth Direct Plan

The Aditya Birla Sun Life Nifty 50 Index Fund Growth Direct Plan is managed by Aditya Birla Sun Life Mutual Fund, a trusted name in the mutual fund industry. This fund falls under the category of "Index Funds," which are designed to replicate the performance of a specific market index, in this case, the Nifty 50 Index.

Investment Objectives of the Scheme

The primary goal of this fund is to provide returns that closely correspond to the performance of the Nifty 50 Index, which is a well-known benchmark for the Indian stock market. By investing in this fund, you essentially become a part-owner of the 50 largest and most liquid companies listed on the National Stock Exchange (NSE), spanning various sectors of the economy.

Key Features of The Fund

5-year return 16.33%
Expense Ratio 0.2%
Fund Manager Lovelish Solanki
Fund Size ₹749.81 Cr
Risk Profile Very High

Is This Scheme Right for Me?

cost-effective way to gain exposure to the broader Indian equity market. It's ideal for those who believe in the long-term growth potential of India's economy and want to track the performance of the market's top 50 companies. Additionally, if you prefer a passive investment approach and are comfortable with the fluctuations of the broader market, this fund could align well with your investment goals.

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
Email [email protected]
Website https://mutualfund.adityabirlacapital.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of Aditya Birla Sun Life Nifty 50 Index Fund Growth Direct Plan?

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 Index Fund Growth Direct Plan Feb 23 2024 is 226.2064

What is the AUM of Aditya Birla Sun Life Nifty 50 Index Fund Growth Direct Plan?

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 Index Fund Growth Direct Plan is 749.81 crore.

What is the expense ratio of Aditya Birla Sun Life Nifty 50 Index Fund Growth Direct Plan?

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 Index Fund Growth Direct Plan is 0.2%

What are the returns of Aditya Birla Sun Life Nifty 50 Index Fund Growth Direct Plan since inception?

The Aditya Birla Sun Life Nifty 50 Index Fund Growth Direct Plan was launched on Jan 01 2013. The fund has delivered a CAGR of 12.95 since inception.

What is the minimum SIP amount to invest in Aditya Birla Sun Life Nifty 50 Index Fund Growth Direct Plan?

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 Index Fund Growth Direct Plan is 1000.

How do I invest in Aditya Birla Sun Life Nifty 50 Index Fund Growth Direct Plan?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. 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 Index Fund Growth Direct Plan?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Aditya Birla Sun Life Nifty 50 Index Fund Growth Direct Plan?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. 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 Index Fund Growth Direct Plan?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.