Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth
Equity
Direct
Global - Other
NAV: ₹ 10.4 as on 20-09-2023
Fund Performance
2378 people have invested ₹ 58.2L in Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth in the last three months
Fund Insights
This fund has one of the lowest expense ratio in the category (global - other). Its expense ratio is 0.66% which is lower than the category average expense ratio of 1.09%.
Over the last 6 months, this fund has experienced a 75.8% growth in AUM moving from 163.75 Cr to 287.87 Cr.
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 59.83% return, outperforming this fund by 24.85%.
About the Fund
Aditya Birla Sun Life Nasdaq 100 Fof-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
- Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth has ₹288 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.7.
Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth Overview
 | 0.66% |
 Benchmark | NASDAQ 100 TR INR |
 | ₹288 Cr |
 | 1 November, 2021 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 8.35% |
Fund Distribution as on (31-Dec-69)
Size breakup
Large cap
88.9%
Mid cap
10%
Sector Allocation
Tech
49.7%
Communication
15.4%
Consumer Cyclical
14.1%
Health
7.2%
Consumer Defensive
6.2%
Industrial
4.8%
Utilities
1.2%
Financial Services
0.6%
Energy
0.5%
Real Estate
0.3%
Top Holdings of Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth as on (31-Aug-23)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 iShares NASDAQ 100 ETF USD Acc | 99.3% | 2.3% |
Peer Analysis
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 2.01% since inception which is less than its category average return of 4.67%
Fund Allocations
This fund has an allocation of 98.91% in Equity, 0% in Debt and 1.08% in Cash related instruments
AUM size ₹288 Cr
This fund has AUM of ₹288 Cr which is less than its category average of ₹ 463 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.44%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth is ₹10.38 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.79% | 3.79% |
6 Month Returns | 21.89% | 21.89% |
1 Year Returns | 32.16% | 32.16% |
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.
0.66% as on August 2023
₹288 Cr as on August 2023
Tech(49.16%), Communication(15.27%), Consumer Cyclical(13.91%) as on August 2023
The alpha ratio for the Aditya Birla Sun Life Nasdaq 100 Fof-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-Direct -Growth | - | - | - |
As on August 2023
The alpha for Aditya Birla Sun Life Nasdaq 100 Fof-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-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-Direct -Growth | - | - | - |
As on August 2023
The Beta for Aditya Birla Sun Life Nasdaq 100 Fof-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-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-Direct -Growth | 1.25 | - | - |
As on August 2023
The sharpe ratio for Aditya Birla Sun Life Nasdaq 100 Fof-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-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-Direct -Growth | 17.51 | - | - |
As on August 2023
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-Direct -Growth is 0%