Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth

Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth

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Equity
Direct
Index Funds
NAV: ₹ 20.56 as on 16-04-2024
Fund Performance
zero opening, trading, fund transfer fee
7629 people have invested ₹ 1Cr in Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth in the last three months

INDmoney Rank of Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth

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Pros

3Y returns in the top 25% of the category

Cons

No bad points found for this fund.

About the Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth

Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is an equity fund. This fund was started on 6 April, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth has ₹169 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth Overview

Expense ratio
Expense ratio
0.44%
Benchmark
Benchmark
IISL Nifty Midcap 150 TR INR
AUM
AUM
₹169 Cr
Inception Date
Inception Date
6 April, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
43.06%

Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth Distribution as on (31-Mar-24)

  • Equity 99.9%

  • Debt & Cash 0.1%

Size breakup

Mid cap
88.8%
Small cap
6%
Large cap
5.1%
Sector Allocation

Mar'24

Feb'24

Jan'24

Industrial
19.9%
Financial Services
19%
Basic Materials
12.5%
Consumer Cyclical
12.4%
Health
11.1%
Tech
9.8%
Real Estate
4.2%
Utilities
3.9%
Energy
2.6%
Communication
2.6%
Consumer Defensive
2%

Top Holdings of Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth as on (31-Mar-24)

  • Equity

Equity Holdings150

Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth: Monthly Changes Updates

All changes are between Jan'24 and Mar'24
Fund Performance
Mar'24
Feb'24
Jan'24
Fund Returns
-0.40%
-0.24%
5.13%
Nifty Midcap 150
-0.05%
1.32%
-0.07%
  • This fund’s returns stands at -0.40% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -0.05% as on Mar'24
  • This fund underperformed Nifty Midcap 150 by 0.35% in Mar'24
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 169.2 Cr
₹ 169.1 Cr
₹ 162.4 Cr
  • AUM of the fund stands at 169.2 Cr as of Mar'24
  • AUM increased by 0 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Gainers & Losers in Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth portfolio Returns for the month of Mar

Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth 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 26.69% since inception which is more than its category average return of 19.06%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.88% in Equity, 0% in Debt and 0.12% in Cash related instruments
AUM size ₹169 Cr

AUM size ₹169 Cr

This fund has AUM of ₹169 Cr which is less than its category average of ₹ 683 Cr
Expense Ratio 0.44%

Expense Ratio 0.44%

This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 0.5%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is ₹20.56 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.71%
5.71%
6 Month Returns
20.88%
20.88%
1 Year Returns
57.33%
57.33%
3 Years Returns
106.57%
27.36%
5 Years Returns
0%
0%
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0.44% as on March 2024
₹169 Cr as on March 2024
Persistent Systems Ltd(3.01%), Max Healthcare Institute Ltd Ordinary Shares(2.21%), Indian Hotels Co Ltd(1.88%), Suzlon Energy Ltd(1.57%), Cummins India Ltd(1.49%) as on March 2024
Industrial(19.89%), Financial Services(18.97%), Basic Materials(12.45%) as on March 2024
The alpha ratio for the Aditya Birla Sun Life Nifty Midcap 150 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 Midcap 150 Index Fund Direct Growth
-0.16
-
-
As on March 2024
The alpha for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is calculated against IISL Nifty Midcap 150 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 Midcap 150 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 Midcap 150 Index Fund Direct Growth
1
-
-
As on March 2024
The Beta for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 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 Midcap 150 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 Midcap 150 Index Fund Direct Growth
3.12
-
-
As on March 2024
The sharpe ratio for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 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 Midcap 150 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 Midcap 150 Index Fund Direct Growth
12.93
-
-
As on March 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 Midcap 150 Index Fund Direct Growth is 0.25%