Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth

Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 10-10-2024

₹ 9.64

2.8%

1D

Inception Returns

-3.1%

/yr

About the Fund

Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth is an equity fund. This fund was started on 30 August, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth has ₹328 Cr worth of assets under management (AUM) as on Aug 2024 and is less than category average.
  2. The fund has an expense ratio 0.

Returns

Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth has given a CAGR return of -3.08% since inception.

Holdings

Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Tech, Consumer Cyclical. Its top holdings are Hindustan Aeronautics Ltd Ordinary Shares, Bharat Electronics Ltd, Solar Industries India Ltd, Mazagon Dock Shipbuilders Ltd, Cochin Shipyard Ltd

Taxation

As it is a index funds 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 Nifty India Defence Index Fund Direct Growth

The investment objective of the Scheme is to provide returns that, before expenses, correspond to the total returns of securities as represented by the Nifty India Defence Total Return Index, subject to tracking errors.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
2281 people have invested ₹ 3Cr in Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio--
Benchmark
Nifty India Defence TR INR
AUM₹328 Cr
Inception Date30 August, 2024
Min Lumpsum/SIP₹500/₹500
Exit Load
0.1%
Lock InNo Lock-in
TurnOver
0%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (31-Aug-24)

  • Equity 99.9%

  • Debt & Cash 0.1%

Large cap
40%

Mid cap
37.1%

Small cap
22.8%

Sector Allocation

Aug'24

Jul'24

Industrial
77.8%
Basic Materials
16.8%
Tech
5.3%
  • Gainers

  • Losers

Fund
Aug'24
No of Holdings
17
Top 5 Company Concentration
67%
Company having highest exposure
Bharat Electronics Ltd (19.4%)
No of Sectors
3
Top 5 Sectors Concentration
100%
Sector having highest exposure
Industrial (77.8%)
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Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.81L Cr
as on 31-Aug-2024
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com

Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 99.95% in Equity, 0% in Debt and 0.05% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 822 Cr

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth is ₹9.64 as on 10-Oct-2024.
Existing (Absolute + CAGR) as on 10-Oct-2024.
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.89%
-0.89%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
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.
₹328 Cr as on September 2024
Hindustan Aeronautics Ltd Ordinary Shares(20.24%), Bharat Electronics Ltd(19.77%), Solar Industries India Ltd(16.22%), Mazagon Dock Shipbuilders Ltd(7.5%), Cochin Shipyard Ltd(7.2%) as on September 2024
Industrial(75.83%), Basic Materials(17.37%), Tech(4.95%) as on September 2024
The alpha ratio for the Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth
-
-
-
As on September 2024
The alpha for Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth is calculated against Nifty India Defence 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 Nifty India Defence Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth
-
-
-
As on September 2024
The Beta for Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth is calculated with Nifty India Defence 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 Nifty India Defence Index 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 Nifty India Defence Index Fund Direct Growth
-
-
-
As on September 2024
The sharpe ratio for Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth is calculated with Nifty India Defence 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 Nifty India Defence Index 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 Nifty India Defence Index Fund Direct Growth
-
-
-
As on September 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 India Defence Index Fund Direct Growth is 0.05%