Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth
Equity
Direct
Index Funds
NAV: ₹ 229.11 as on 17-05-2024
About the Fund
Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth has ₹846 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.2.
Fund Performance
5185 people have invested ₹ 1.2Cr in Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth in the last three months
Overview
 | 0.2% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹846 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 16.23% |
Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
97.4%
Mid cap
0.7%
Sector Allocation
Financial Services
34.3%
Energy
13.5%
Tech
12.3%
Consumer Cyclical
9.3%
Consumer Defensive
8%
Basic Materials
6.5%
Industrial
5.2%
Health
4.2%
Communication
3.5%
Utilities
3.1%
Top Holdings of Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth as on (30-Apr-24)
Equity Holdings50
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 11.5% |
 ICICI Bank Ltd | 7.1% |
Top Losers | 1M Return |
|---|---|
 Kotak Mahindra Bank Ltd | -5.1% |
 Larsen & Toubro Ltd | -2.8% |
 Infosys Ltd | 1.8% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 1.23% whereas the fund’s underlying benchmark Nifty 50 returns stands at 0.64% as on Apr'24
- This fund outperformed Nifty 50 by 0.59% in Apr'24
AUM Change
- AUM of the fund stands at 831.8 Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 34.8% growth in AUM moving from 627.73 Cr to 846.19 Cr.
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 18.76% return, outperforming this fund by 3.39% per annum.
In the last 1 year, Motilal Oswal S&P BSE Enhanced Value Index Fund Direct Growth has given 94.62% return, outperforming this fund by 69.99%.
In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 20.07% return, outperforming this fund by 4.46% per annum.
Over the last 1 year, this fund has decreased expense ratio by 37.5% moving from 0.32 to 0.20.
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.2% which is lower than the category average expense ratio of 0.33%.
INDmoney Rank
Powered by IND quant engine
13
/16
49% Performance
6% Cost
13 out of 16 among Index-Nifty-50
Pros
Beats FD returns for both 3Y & 5Y
Cons
3Y returns in the bottom 25% of the category
Peer Analysis
Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth 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 12.81% since inception which is less than its category average return of 19.71%
Fund Allocations
This fund has an allocation of 98.11% in Equity, 0% in Debt and 1.89% in Cash related instruments
AUM size ₹846 Cr
This fund has AUM of ₹846 Cr which is more than its category average of ₹ 723 Cr
Expense Ratio 0.2%
This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth is ₹229.11 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.61% | 1.61% |
6 Month Returns | 14.15% | 14.15% |
1 Year Returns | 24.63% | 24.63% |
3 Years Returns | 54.55% | 15.62% |
5 Years Returns | 104.39% | 15.37% |
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0.2% as on April 2024
₹846 Cr as on April 2024
HDFC Bank Ltd(11.26%), Reliance Industries Ltd(9.78%), ICICI Bank Ltd(7.96%), Infosys Ltd(4.99%), Larsen & Toubro Ltd(4.19%) as on April 2024
Financial Services(33.64%), Energy(13.24%), Tech(12.09%) as on April 2024
The alpha ratio for the Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth | -0.2 | -0.32 | -0.37 |
As on April 2024
The alpha for Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth is calculated against IISL Nifty 50 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 50 Index Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth | 1 | 1 | 0.99 |
As on April 2024
The Beta for Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth is calculated with IISL Nifty 50 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 50 Index Fund Direct Plan 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 50 Index Fund Direct Plan Growth | 1.65 | 0.84 | 0.57 |
As on April 2024
The sharpe ratio for Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth is calculated with IISL Nifty 50 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 50 Index Fund Direct Plan 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 50 Index Fund Direct Plan Growth | 10.37 | 12.83 | 18.33 |
As on April 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.
Sortino ratio is 1.59 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Aditya Birla Sun Life Nifty 50 Index Fund Direct Plan Growth is 0%