Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

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NAV: ₹ 15.84 as on 28-02-2024
Fund Performance

About the Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment 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

  1. Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹241 Cr worth of assets under management (AUM) as on Jan 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
NIFTY 50 Equal Weight Index PR INR
AUM
AUM
₹241 Cr
Inception Date
Inception Date
8 June, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
72.93%

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Jan-24)

  • Equity 100%

Size breakup

Large cap
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
18.8%
Consumer Cyclical
14.5%
Basic Materials
13.2%
Tech
11.8%
Energy
10.9%
Health
10.4%
Consumer Defensive
9.7%
Industrial
4.2%
Utilities
4.1%
Communication
2.3%

Top Holdings of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Jan-24)

  • Equity

Equity Holdings50

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
1.37%
8.03%
7.66%
Nifty 50 Equal Weight
-0.07%
7.22%
6.02%
  • This fund’s returns stands at 1.37% whereas the fund’s underlying benchmark Nifty 50 Equal Weight returns stands at -0.07% as on Jan'24
  • This fund outperformed Nifty 50 Equal Weight by 1.45% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 241.2 Cr
₹ 223.2 Cr
₹ 213.3 Cr
  • AUM of the fund stands at 241.2 Cr as of Jan'24
  • AUM increased by 18 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl portfolio Returns for the month of Jan

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 19.03% since inception which is less than its category average return of 20.86%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.03% in Equity, 0% in Debt and -0.03% in Cash related instruments
AUM size ₹241 Cr

AUM size ₹241 Cr

This fund has AUM of ₹241 Cr which is less than its category average of ₹ 662 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹15.84 as on 28-Feb-2024.
Existing (Absolute + CAGR) as on 28-Feb-2024.
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.84%
5.84%
6 Month Returns
24.02%
24.02%
1 Year Returns
44.2%
44.2%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.39% as on January 2024
₹241 Cr as on January 2024
Tata Motors Ltd(2.38%), Oil & Natural Gas Corp Ltd(2.36%), Bajaj Auto Ltd(2.3%), Adani Ports & Special Economic Zone Ltd(2.28%), Bharti Airtel Ltd(2.27%) as on January 2024
Financial Services(18.76%), Consumer Cyclical(14.53%), Basic Materials(13.22%) as on January 2024
The alpha ratio for the Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on January 2024
The alpha for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on January 2024
The Beta for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
1.84
-
-
As on January 2024
The sharpe ratio for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
13.08
-
-
As on January 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 Nifty 50 Equal Weight Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 0%