How to Invest in Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth?

You can easily invest in Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth provide?

The Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 2.28% since its inception.

How much expense ratio is charged by Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth?

The term Expense Ratio used for Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth is 0.32% as of 07 Feb 2023...

What is the AUM of Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth?

The AUM, short for Assets Under Management of Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth is ₹512.22Cr as of 07 Feb 2023.

How to Redeem Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth?

If you want to sell your Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the NAV of Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth?

The NAV of Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth is ₹179.23 as of 06 Feb 2023.

What is the PE and PB ratio of Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth?

The PE ratio ratio of Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth
Other
Index
Very High Risk
14.34%
3Y annualised
-0.50% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 06 Feb 2023₹179.23
Min. SIP amount₹100
Rating3
Fund size₹512.22Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.3%14.3%11.7%11.7%
Category average0.1%15.0%10.5%NA
Rank with in category373027NA
Understand terms
Holdings (50)NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity11.0%
HDFC Bank Ltd.FinancialEquity9.0%
ICICI Bank Ltd.FinancialEquity7.8%
Infosys Ltd.TechnologyEquity6.9%
Housing Development Finance Corporation Ltd.FinancialEquity5.9%
Tata Consultancy Services Ltd.TechnologyEquity4.2%
ITC Ltd.Consumer StaplesEquity3.6%
Kotak Mahindra Bank Ltd.FinancialEquity3.3%
Axis Bank Ltd.FinancialEquity3.2%
Larsen & Toubro Ltd.ConstructionEquity3.1%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Other Index
Pros
Cons
Exit load is zero
10Y annualised returns lower than category average by 0.33%
Lower expense ratio: 0.32%
Lower alpha: -0.89
The fund has generated returns lower than benchmark - NIFTY 50 Total Return Index - in the last 3Y 
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2022 - Present
0.32%
30 Nov 2022 - 31 Dec 2022
0.32%
30 Nov 2022 - 30 Nov 2022
0.32%
30 Nov 2022 - 30 Nov 2022
0.32%
31 Oct 2022 - 30 Nov 2022
0.32%
31 Oct 2022 - 31 Oct 2022
0.32%
31 Oct 2022 - 31 Oct 2022
0.32%
30 Sep 2022 - 31 Oct 2022
0.32%
30 Sep 2022 - 30 Sep 2022
0.32%
30 Sep 2022 - 30 Sep 2022
0.32%
31 Aug 2022 - 30 Sep 2022
0.32%
31 Aug 2022 - 31 Aug 2022
0.32%
31 Jul 2022 - 31 Aug 2022
0.32%
31 Jul 2022 - 31 Jul 2022
0.32%
31 Jul 2022 - 31 Jul 2022
0.32%
30 Jun 2022 - 31 Jul 2022
0.32%
30 Jun 2022 - 30 Jun 2022
0.32%
31 May 2022 - 30 Jun 2022
0.32%
31 May 2022 - 31 May 2022
0.32%
30 Apr 2022 - 31 May 2022
0.33%
30 Apr 2022 - 30 Apr 2022
0.33%
31 Mar 2022 - 30 Apr 2022
0.33%
31 Mar 2022 - 31 Mar 2022
0.33%
28 Feb 2022 - 31 Mar 2022
0.32%
28 Feb 2022 - 28 Feb 2022
0.32%
31 Jan 2022 - 28 Feb 2022
0.32%
31 Dec 2021 - 31 Jan 2022
0.20%
30 Nov 2021 - 31 Dec 2021
0.20%
31 Oct 2021 - 30 Nov 2021
0.34%
30 Sep 2021 - 31 Oct 2021
0.34%
31 Aug 2021 - 30 Sep 2021
0.34%
31 Jul 2021 - 31 Aug 2021
0.34%
30 Jun 2021 - 31 Jul 2021
0.34%
31 May 2021 - 30 Jun 2021
0.34%
30 Apr 2021 - 31 May 2021
0.34%
31 Mar 2021 - 30 Apr 2021
0.35%
28 Feb 2021 - 31 Mar 2021
0.35%
31 Jan 2021 - 28 Feb 2021
0.33%
31 Dec 2020 - 31 Jan 2021
0.33%
30 Nov 2020 - 31 Dec 2020
0.33%
31 Oct 2020 - 30 Nov 2020
0.33%
30 Sep 2020 - 31 Oct 2020
0.33%
31 Aug 2020 - 30 Sep 2020
0.33%
31 Jul 2020 - 31 Aug 2020
0.33%
30 Jun 2020 - 31 Jul 2020
0.33%
31 May 2020 - 30 Jun 2020
0.33%
30 Apr 2020 - 31 May 2020
0.33%
31 Mar 2020 - 30 Apr 2020
0.33%
29 Feb 2020 - 31 Mar 2020
0.33%
31 Jan 2020 - 29 Feb 2020
0.33%
31 Dec 2019 - 31 Jan 2020
0.33%
30 Nov 2019 - 31 Dec 2019
0.33%
31 Oct 2019 - 30 Nov 2019
0.33%
30 Sep 2019 - 31 Oct 2019
0.50%
31 Aug 2019 - 30 Sep 2019
0.50%
31 Jul 2019 - 31 Aug 2019
0.50%
30 Jun 2019 - 31 Jul 2019
0.50%
31 May 2019 - 30 Jun 2019
0.50%
30 Apr 2019 - 31 May 2019
0.50%
31 Mar 2019 - 30 Apr 2019
0.50%
28 Feb 2019 - 31 Mar 2019
0.50%
31 Jan 2019 - 28 Feb 2019
0.50%
31 Dec 2018 - 31 Jan 2019
0.50%
30 Nov 2018 - 31 Dec 2018
0.50%
31 Oct 2018 - 30 Nov 2018
0.50%
30 Sep 2018 - 31 Oct 2018
0.51%
31 Aug 2018 - 30 Sep 2018
0.51%
31 Jul 2018 - 31 Aug 2018
0.51%
30 Jun 2018 - 31 Jul 2018
0.51%
31 May 2018 - 30 Jun 2018
0.45%
30 Apr 2018 - 31 May 2018
0.45%
31 Mar 2018 - 30 Apr 2018
0.45%
28 Feb 2018 - 31 Mar 2018
0.45%
31 Jan 2018 - 28 Feb 2018
0.45%
31 Dec 2017 - 31 Jan 2018
0.45%
30 Nov 2017 - 31 Dec 2017
0.45%
31 Oct 2017 - 30 Nov 2017
0.45%
Expense ratio, exit load and taxExpense ratio: 0.32%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100
Fund managementLovelish 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
Aditya Birla Sun Life Nifty 50 Index Fund IDCW
Aditya Birla Sun Life Nifty 50 Index Fund Growth
Aditya Birla Sun Life Arbitrage Fund IDCW
Aditya Birla Sun Life Arbitrage Fund Growth
Aditya Birla Sun Life Gold ETF
Aditya Birla Sun Life Nifty 50 ETF Growth
Aditya Birla Sun Life Gold Fund IDCW
Aditya Birla Sun Life Gold Fund Growth
Aditya Birla Sun Life Arbitrage Fund Direct IDCW
Aditya Birla Sun Life Arbitrage Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Index Fund Direct IDCW
Aditya Birla Sun Life Gold Direct Fund IDCW
Aditya Birla Sun Life Gold Direct Fund Growth
Aditya Birla Sun Life Balanced Advantage Fund IDCW
Aditya Birla Sun Life Balanced Advantage Fund Growth
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth
Aditya Birla Sun Life Balanced Advantage Fund Direct IDCW
Aditya Birla Sun Life Equity Savings Fund Direct Growth
Aditya Birla Sun Life Equity Savings Fund Direct IDCW
Aditya Birla Sun Life Equity Savings Fund Regular IDCW
Aditya Birla Sun Life Equity Savings Fund Regular Growth
Aditya Birla Sun Life S&P BSE Sensex ETF Growth
Aditya Birla Sun Life Nifty Next 50 ETF Growth
Aditya Birla Sun Life Dual Advantage Fund Series 2 Direct Growth
Aditya Birla Sun Life Dual Advantage Fund Series 2 Regular IDCW
Aditya Birla Sun Life Dual Advantage Fund Series 2 Direct IDCW
Aditya Birla Sun Life Nifty Bank ETF Growth
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Regular Growth
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Regular IDCW
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct IDCW
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular Growth
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular IDCW
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct IDCW
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct IDCW
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Regular IDCW
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Regular Growth
Aditya Birla Sun Life Nifty Healthcare ETF Growth
Aditya Birla Sun Life Nifty IT ETF Growth
Aditya Birla Sun Life Silver ETF Regular Growth
Aditya Birla Sun Life Silver ETF FoF Direct Growth
Aditya Birla Sun Life Silver ETF FoF Direct IDCW
Aditya Birla Sun Life Silver ETF FoF Regular Growth
Aditya Birla Sun Life Silver ETF FoF Regular IDCW
Aditya Birla Sun Life Nifty Next 50 Index Fund Regular IDCW
Aditya Birla Sun Life Nifty Next 50 Index Fund Regular Growth
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct IDCW
Aditya Birla Sun Life Nifty Financial Services ETF Growth
Aditya Birla Sun Life Nifty 200 Quality 30 ETF Growth
Aditya Birla Sun Life Nifty 200 Momentum 30 ETF Growth
Aditya Birla Sun Life Multi Index FoF Direct Growth
Aditya Birla Sun Life Multi Index FoF Direct IDCW
Aditya Birla Sun Life Multi Index FoF Regular Growth
Aditya Birla Sun Life Multi Index FoF Regular IDCW
Pranav Gupta
Jun 2022 - Present
View details
Also manages these schemes
Aditya Birla Sun Life Nifty 50 Index Fund IDCW
Aditya Birla Sun Life Nifty 50 Index Fund Growth
Aditya Birla Sun Life Nifty 50 ETF Growth
Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Index Fund Direct IDCW
Aditya Birla Sun Life S&P BSE Sensex ETF Growth
Aditya Birla Sun Life Nifty Next 50 ETF Growth
Aditya Birla Sun Life Nifty Bank ETF Growth
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Regular Growth
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Regular IDCW
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct IDCW
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular Growth
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular IDCW
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct IDCW
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct IDCW
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Regular IDCW
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Regular Growth
Aditya Birla Sun Life Nifty Healthcare ETF Growth
Aditya Birla Sun Life Nifty IT ETF Growth
Aditya Birla Sun Life Silver ETF FoF Direct Growth
Aditya Birla Sun Life Silver ETF FoF Direct IDCW
Aditya Birla Sun Life Silver ETF FoF Regular Growth
Aditya Birla Sun Life Silver ETF FoF Regular IDCW
Aditya Birla Sun Life Nifty Next 50 Index Fund Regular IDCW
Aditya Birla Sun Life Nifty Next 50 Index Fund Regular Growth
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct IDCW
Aditya Birla Sun Life Nifty Financial Services ETF Growth
Aditya Birla Sun Life Nifty 200 Quality 30 ETF Growth
Aditya Birla Sun Life Nifty 200 Momentum 30 ETF Growth
Fund house & investment objective
Aditya Birla Sun Life Mutual Fund
Rank (total assets)#4 in India
Total AUM₹2,97,412.07Cr
Date of Incorporation23 Dec 1994
 Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth is a Other Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 23 Dec 1994. Ajay Garg is the Current Fund Manager of Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,97,412 Cr and the Latest NAV as of 06 Feb 2023 is ₹179.23.
The Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100.
;
Investment ObjectiveThe scheme aims to generate returns that are commensurate with the performance of the Nifty subject to tracking error, through investments in companies whose securities included in Nifty and in money market instruments & cash.
;
Fund benchmarkNIFTY 50 Total Return Index
Scheme Information Document(SID)
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,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	2.3%	14.3%	11.7%	11.7%
Category average	0.1%	15.0%	10.5%	NA
Rank with in category	37	30	27	NA

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Equity	11.0%
HDFC Bank Ltd.	Financial	Equity	9.0%
ICICI Bank Ltd.	Financial	Equity	7.8%
Infosys Ltd.	Technology	Equity	6.9%
Housing Development Finance Corporation Ltd.	Financial	Equity	5.9%
Tata Consultancy Services Ltd.	Technology	Equity	4.2%
ITC Ltd.	Consumer Staples	Equity	3.6%
Kotak Mahindra Bank Ltd.	Financial	Equity	3.3%
Axis Bank Ltd.	Financial	Equity	3.2%
Larsen & Toubro Ltd.	Construction	Equity	3.1%

Rank (total assets)	#4 in India
Total AUM	₹2,97,412.07Cr

Date of Incorporation	23 Dec 1994

Fund benchmark	NIFTY 50 Total Return Index

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

Rating	3
Fund size	₹512.22Cr

Aditya Birla Sun Life Nifty 50 Index Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (50)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.32%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Lovelish SolankiMay 2021 - PresentView details

Pranav GuptaJun 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Lovelish Solanki
May 2021 - Present
View details

Pranav Gupta
Jun 2022 - Present
View details