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Home>Mutual Funds>Aditya Birla Sun Life Mutual Fund>Aditya Birla Sun Life Nifty 50 Index Fund Growth

Aditya Birla Sun Life Nifty 50 Index Fund Growth

Other
Index
Very High Risk
11.68%
3Y annualised
+2.87% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May 2022₹160.95
Min. SIP amountNA
Rating3
Fund size₹355.44Cr

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns9.8%11.7%11.8%15.2%
Category average48.0%13.9%14.2%NA
Rank with in category547041NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity11.9%
Infosys Ltd.TechnologyEquity9.1%
HDFC Bank Ltd.FinancialEquity8.4%
ICICI Bank Ltd.FinancialEquity6.6%
Housing Development Finance Corpn. Ltd.FinancialEquity5.6%
Tata Consultancy Services Ltd.TechnologyEquity5.1%
Kotak Mahindra Bank Ltd.FinancialEquity3.4%
ITC Ltd.Consumer StaplesEquity2.9%
Larsen & Toubro Ltd.ConstructionEquity2.8%
Axis Bank Ltd.FinancialEquity2.6%
See All

Expense ratio, exit load and tax

Expense ratio: 0.62%

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 investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

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

Kedarnath Mirajkar
Aug 2021 - Present
View details

Education
Mr. Mirajkar has done PGDBM (Finance)
Experience
Prior to joining ABSLAMC, he has worked with HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.
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
Amc Image
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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FAQs

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

You can easily invest in Aditya Birla Sun Life Nifty 50 Index Fund 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 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 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 Growth provide?

The Aditya Birla Sun Life Nifty 50 Index Fund Growth has been there from 18 Sep 2002 and the average annual returns provided by this fund is 9.76% since its inception.

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

The term Expense Ratio used for Aditya Birla Sun Life Nifty 50 Index Fund 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 Growth is 0.62% as of 23 May 2022...

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

The AUM, short for Assets Under Management of Aditya Birla Sun Life Nifty 50 Index Fund Growth is ₹355.44Cr as of 23 May 2022.

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

If you want to sell your Aditya Birla Sun Life Nifty 50 Index Fund 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.

Can I invest in SIP and Lump Sum of Aditya Birla Sun Life Nifty 50 Index Fund Growth?

You can select either SIP or Lumpsum investment of Aditya Birla Sun Life Nifty 50 Index Fund Growth based on your investment objective and risk tolerance.

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

The NAV of Aditya Birla Sun Life Nifty 50 Index Fund Growth is ₹160.95 as of 20 May 2022.

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

The PE ratio ratio of Aditya Birla Sun Life Nifty 50 Index Fund 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).

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