Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth

Equity
Direct
Global - Other
Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth

About the Fund

Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth is an equity fund. This fund was started on 1 November, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth has ₹398 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth has given a CAGR return of 10.89% since inception. Over the last 1 year the fund has given a CAGR return of 27.52%.

Holdings

Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Health, Consumer Defensive, Industrial, Basic Materials, Utilities, Energy, Financial Services, Real Estate. Its top holdings are iShares NASDAQ 100 ETF USD Acc

Taxation

As it is a global - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth

The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETFs and/or Index Fund based on NASDAQ-100 Index.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.65%
Benchmark
NASDAQ 100 TR INR
AUM₹398 Cr
Inception Date1 November, 2021
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
8.35%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 99.2%

  • Debt & Cash 0.8%

Sector Allocation

Jun'24

May'24

Apr'24

Tech
52.4%
Communication
15.4%
Consumer Cyclical
12.4%
Health
6.1%
Consumer Defensive
5.9%
Industrial
4.2%
Basic Materials
1.4%
Utilities
1.2%
Energy
0.5%
Financial Services
0.4%
Real Estate
0.2%

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
iShares NASDAQ 100 ETF USD Acc
iShares NASDAQ 100 ETF USD Acc
99.37%
-1.7%

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth
Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth
27.5%
-
-
10.9%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
53.7%
21.8%
-
25.9%
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
30.9%
13.4%
24.2%
24.4%
Kotak NASDAQ 100 Fund of Fund Direct Growth
Kotak NASDAQ 100 Fund of Fund Direct Growth
27.5%
13%
-
15.3%
See all

Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.89% since inception which is more than its category average return of 8.11%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.23% in Equity, 0% in Debt and 0.77% in Cash related instruments
AUM size ₹398 Cr

AUM size ₹398 Cr

This fund has AUM of ₹398 Cr which is less than its category average of ₹ 520 Cr
Expense Ratio 0.65%

Expense Ratio 0.65%

This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth is ₹13.26 as on 24-Jul-2024.
Existing (Absolute + CAGR) as on 24-Jul-2024.
Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-1.78%
-1.78%
6 Month Returns
10.2%
10.2%
1 Year Returns
27.52%
27.52%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.65% as on June 2024
₹398 Cr as on June 2024
Tech(51.99%), Communication(15.32%), Consumer Cyclical(12.29%) as on June 2024
The alpha ratio for the Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth
-
-
-
As on June 2024
The alpha for Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth is calculated against NASDAQ 100 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth
-
-
-
As on June 2024
The Beta for Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth is calculated with NASDAQ 100 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth
1.41
-
-
As on June 2024
The sharpe ratio for Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth is calculated with NASDAQ 100 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth
16.46
-
-
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of Aditya Birla Sun Life NASDAQ 100 FOF Fund Direct Growth is 0%