Aditya Birla Sun Life Nifty 50 Index Fund Direct IDCW

Other
Index
Very High Risk
16.36%
3Y annualised
+2.29% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Oct 2022₹18.01
Min. SIP amount₹100
Rating3
Fund size₹449.25Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-1.4%16.4%12.3%11.8%
Category average-1.3%16.2%11.7%NA
Rank with in category593828NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity11.7%
HDFC Bank Ltd.FinancialEquity8.4%
ICICI Bank Ltd.FinancialEquity7.9%
Infosys Ltd.TechnologyEquity7.0%
Housing Development Finance Corpn. Ltd.FinancialEquity5.7%
Tata Consultancy Services Ltd.TechnologyEquity4.3%
Kotak Mahindra Bank Ltd.FinancialEquity3.6%
ITC Ltd.Consumer StaplesEquity3.6%
Hindustan Unilever Ltd.Consumer StaplesEquity3.0%
Larsen & Toubro Ltd.ConstructionEquity3.0%
See All

Pros and cons

Category: Other Index

Pros

Cons

Exit load is zero
1Y annualised returns lower than category average by 0.03%
Lower expense ratio: 0.32%
Lower alpha: -1.15 The fund has generated returns lower than benchmark - NIFTY 50 Total Return Index - in the last 3Y
3Y and 5Y annualised returns higher than category average

Expense ratio, exit load and tax

Expense ratio: 0.32%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Lovelish Solanki
May 2021 - Present
View details

Education
He has done BMS and MMS in finance.
Experience
Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives - Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One India Bulls Center - Tower 1,17th Floor - Jupiter Mills Compound,841 Senapati Bhawan, Elphinstone Road, Mumbai 400013
Phone
022-43568000 / 1800-270-7000 / 1800-22-7000
Launch Date
23 Dec 1994
E-mail
NA
Website
NA
Aditya Birla Sun Life Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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