Fund Details
Aditya Birla Sun Life Index Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.60% |
| NAV | ₹141.78 (22 Apr 2021) |
|---|---|
| Fund Started | 18 Sep 2002 |
| Fund Size | ₹239 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. Exit load is zero
1. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.2% |
| Reliance Industries Ltd. | Energy | Equity | 10.2% |
| Infosys Ltd. | Technology | Equity | 7.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.0% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Axis Bank Ltd. | Financial | Equity | 2.7% |
Fund Managers
Aditya Birla Sun Life Index Fund Growth Details
Aditya Birla Sun Life Index Fund Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 18 Sep 2002. Ajay Garg is the Current Fund Manager of Aditya Birla Sun Life Index Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹239 Cr and the Latest NAV as of 22 Apr 2021 is ₹141.78.
The Aditya Birla Sun Life Index Fund Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
Investment Objective
The 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.
Tax Implications
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.
