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

Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth

Equity
Direct
Index Funds

NAV: ₹ 13.8 as on 02-12-2022

Fund Performance
zero opening, trading, fund transfer fee
4297 people have invested ₹ 31.4L in mutual fund in the last three months
About the Fund

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 Lovelish Solanki, Pranav Gupta. 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 a NAV of 13.7502 as on 02-12-2022.

2) Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth has 78 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.29 %.

Fund Overview

Expense ratio
Expense ratio
0.29%
Benchmark
Benchmark
IISL Nifty Midcap 150 TR INR
AUM
AUM
₹78 Cr
Inception Date
Inception Date
6 April, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
37.82%

Fund Distribution

  • Equity 99.9%
  • Debt & Cash 0.1%
Size breakup
Mid cap
94.3%
Small cap
3.3%
Large cap
2.3%

Sector Allocation

Oct'22

Sep'22

Aug'22

Consumer Cyclical

21.2%

Financial Services

18.5%

Industrial

14.7%

Basic Materials

13%

Health

10.4%

Tech

5.5%

Consumer Defensive

4.1%

Communication

3.9%

Utilities

3.6%

Real Estate

3.1%

Energy

2%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings151
Equity Holdings150
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 3.4 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 78 Cr
Sep'22
₹ 74.6 Cr
Aug'22
₹ 77 Cr

Fund Returns vs Benchmark

Oct'22
1.80%
6.66%
Sep'22
-1.78%
-2.56%
Aug'22
6.09%
2.42%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
151
162
152
Top 5 Company Concentration
8.5%
8.7%
12.4%
Company having highest exposure
Trent Ltd (1.9%)
Trent Ltd (1.8%)
Adani Total Gas Ltd (5.5%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
77.7%
77.3%
72.7%
Sector having highest exposure
Consumer Cyclical (21.2%)
Consumer Cyclical (21.1%)
Industrial (18.1%)

Fund Manager

Lovelish Solanki

Lovelish Solanki

Managing this fund since 6 April 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Aditya Birla Sun Life Equity Savings Fund Direct Plan Growth
9.03%
9.05%
Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth
4.57%
3.73%
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option
13.09%
11.65%
Pranav Gupta

Pranav Gupta

Managing this fund since 8 June 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth
16.56%
--

AMC details

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
Fund House
Aditya Birla Sun Life AMC Ltd

Fund Highlights

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 20.87% since inception which is more than its category average return of 10.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.91% in Equity, 0% in Debt and 0.09% in Cash related instruments
AUM size ₹78 Cr

AUM size ₹78 Cr

This fund has AUM of ₹78 Cr which is less than its category average of ₹ 456 Cr
Expense Ratio 0.29%

Expense Ratio 0.29%

This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is 13.75.
Existing (Absolute + CAGR)
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.71%
2.71%
6 Month Returns
15.04%
15.04%
1 Year Returns
7.91%
7.91%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.29 as on November 2022
78 Cr as on November 2022
Trent Ltd(1.94%),Page Industries Ltd(1.7%),Indian Hotels Co Ltd(1.67%),Tube Investments of India Ltd Ordinary Shares(1.62%),AU Small Finance Bank Ltd(1.58%) as on November 2022
Consumer Cyclical(21.21%),Financial Services(18.45%),Industrial(14.68%) as on November 2022
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
-0.39
-
-
As on month end.
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 month end.
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
0.27
-
-
As on month end.
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
18.29
-
-
As on month end.
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.
Lovelish Solanki,Pranav Gupta are the fund managers of Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
The Exit load of Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is 0.5%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.