Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth

Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth

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Equity
Direct
Global - Other

NAV: ₹ 10.4 as on 20-09-2023

Fund Performance
zero opening, trading, fund transfer fee
2378 people have invested ₹ 58.2L in Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth in the last three months

Fund Insights

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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%.
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Over the last 6 months, this fund has experienced a 75.8% growth in AUM moving from 163.75 Cr to 287.87 Cr.
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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

  1. 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.
  2. The fund has an expense ratio 0.7.

Aditya Birla Sun Life Nasdaq 100 Fof-Direct -Growth Overview

Expense ratio
Expense ratio
0.66%
Benchmark
Benchmark
NASDAQ 100 TR INR
AUM
AUM
₹288 Cr
Inception Date
Inception Date
1 November, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
8.35%

Fund Distribution as on (31-Dec-69)

  • Equity 98.9%

  • Debt & Cash 1.1%

Size breakup

Large cap
88.9%
Mid cap
10%

Sector Allocation

Aug'23

Jul'23

Jun'23

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

Equity Holdings1
Holdings
Weight%
1M Change
iShares NASDAQ 100 ETF USD Acc
iShares NASDAQ 100 ETF USD Acc
99.3%
2.3%

Fund 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 2.01% since inception which is less than its category average return of 4.67%
Fund Allocations

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

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%

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%