Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl
Equity
Direct
Index Funds
NAV: ₹ 14.5 as on 04-12-2023
Fund Performance
7 people have invested ₹ 2.3K in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months
About the Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 8 June, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl has ₹199 Cr worth of assets under management (AUM) as on Oct 2023 and is less than category average.
- The fund has an expense ratio 0.4.
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl Overview
 | 0.39% |
 Benchmark | NIFTY 50 Equal Weight Index PR INR |
 | ₹199 Cr |
 | 8 June, 2021 |
 | --/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 72.93% |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl Distribution as on (31-Oct-23)
Size breakup
Large cap
100%
Sector Allocation
Financial Services
20.1%
Consumer Cyclical
14.2%
Basic Materials
13.6%
Tech
11.6%
Consumer Defensive
10.2%
Energy
10.2%
Health
9.9%
Utilities
4.1%
Industrial
4%
Communication
2.1%
Top Holdings of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl as on (30-Nov-23)
Equity Holdings50
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Aug'23 and Oct'23
Fund Performance
- This fund’s returns stands at -2.35% whereas the fund’s underlying benchmark Nifty 50 Equal Weight returns stands at -2.30% as on Oct'23
- This fund underperformed Nifty 50 Equal Weight by 0.05% in Oct'23
AUM Change
- AUM of the fund stands at 199.2 Cr as of Oct'23
- AUM increased by 10 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl portfolio Returns for the month of Oct
Top Growth Drivers | 1M Return |
|---|---|
 Nestle India Ltd | 8.6% |
 Coal India Ltd | 7.7% |
 Bajaj Auto Ltd | 5.9% |
Top Losers | 1M Return |
|---|---|
 UPL Ltd | -11% |
 Divis Laboratories Ltd | -9% |
 Tata Steel Ltd | -7.2% |
Peer Analysis
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl 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 15.23% since inception which is less than its category average return of 16.78%
Fund Allocations
This fund has an allocation of 100% in Equity, 0% in Debt and 0% in Cash related instruments
AUM size ₹199 Cr
This fund has AUM of ₹199 Cr which is less than its category average of ₹ 572 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.53%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl is ₹14.46 as on 04-Dec-2023.
Existing (Absolute + CAGR) as on 04-Dec-2023.
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 8.78% | 8.78% |
6 Month Returns | 16.15% | 16.15% |
1 Year Returns | 17.03% | 17.03% |
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.
0.39% as on November 2023
₹199 Cr as on November 2023
Coal India Ltd(2.25%), SBI Life Insurance Company Limited(2.18%), Nestle India Ltd(2.16%), Bajaj Auto Ltd(2.15%), Cipla Ltd(2.11%) as on November 2023
Financial Services(20.13%), Consumer Cyclical(14.16%), Basic Materials(13.56%) as on November 2023
The alpha ratio for the Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on November 2023
The alpha for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against NIFTY 50 Equal Weight Index PR 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 Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on November 2023
The Beta for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with NIFTY 50 Equal Weight Index PR 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 Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl | 0.75 | - | - |
As on November 2023
The sharpe ratio for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with NIFTY 50 Equal Weight Index PR 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 Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl | 13.21 | - | - |
As on November 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 Nifty 50 Equal Weight Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0%