Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Equity
Direct
Index Funds
NAV: ₹ 16.8 as on 21-09-2023
Fund Performance
About the Fund
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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
- Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹118 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.4.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.44% |
 Benchmark | IISL Nifty Midcap 150 TR INR |
 | ₹118 Cr |
 | 6 April, 2021 |
 | ₹0/₹0 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 43.06% |
Fund Distribution as on (31-Aug-23)
Size breakup
Mid cap
88.9%
Large cap
7.5%
Small cap
3.7%
Sector Allocation
Financial Services
22.1%
Consumer Cyclical
17.3%
Industrial
16.7%
Basic Materials
11.6%
Health
11.5%
Tech
7.2%
Utilities
4%
Real Estate
3.3%
Communication
3.1%
Energy
1.9%
Consumer Defensive
1.4%
Top Holdings of Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings150
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 3.97% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -2.43% as on Aug'23
- This fund outperformed Nifty Midcap 150 by 6.40% in Aug'23
AUM Change
- AUM of the fund stands at 118 Cr as of Aug'23
- AUM increased by 9.5 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl portfolio Returns for the month of Aug
Peer Analysis
Fund 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 23.79% since inception which is more than its category average return of 14.75%
Fund Allocations
This fund has an allocation of 100% in Equity, 0% in Debt and -0% in Cash related instruments
AUM size ₹118 Cr
This fund has AUM of ₹118 Cr which is less than its category average of ₹ 560 Cr
Expense Ratio 0.44%
This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹16.82 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 6.53% | 6.53% |
6 Month Returns | 34.84% | 34.84% |
1 Year Returns | 25.1% | 25.1% |
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.
0.44% as on August 2023
₹118 Cr as on August 2023
Shriram Finance Ltd Shs Dematerialised(2.33%), Trent Ltd(2.05%), Max Healthcare Institute Ltd Ordinary Shares(1.98%), Indian Hotels Co Ltd(1.68%), AU Small Finance Bank Ltd(1.58%) as on August 2023
Financial Services(22.1%), Consumer Cyclical(17.27%), Industrial(16.75%) as on August 2023
The alpha ratio for the Aditya Birla Sun Life Nifty Midcap 150 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 Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl | -0.38 | - | - |
As on August 2023
The alpha for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 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 Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl | 1 | - | - |
As on August 2023
The Beta for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 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 Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl | 1.38 | - | - |
As on August 2023
The sharpe ratio for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 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 Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl | 11.67 | - | - |
As on August 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 Midcap 150 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 0.25%