|Min SIP Amount||Not Supported|
|NAV||₹126.09 (18 Sep 2020)|
|Fund Started||21 Jul 2011|
|Fund Size||₹173 Cr|
|Reliance Industries Ltd.||Energy||Equity||13.6%|
|HDFC Bank Ltd.||Financial||Equity||10.0%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||6.5%|
|ICICI Bank Ltd.||Financial||Equity||5.6%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.8%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.2%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.8%|
|Axis Bank Ltd.||Financial||Equity||2.5%|
Aditya Birla Sun Life Nifty ETF Growth is a Others Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 21 Jul 2011. Lovelish Solanki is the Current Fund Manager of Aditya Birla Sun Life Nifty ETF Growth fund.The fund currently has an Asset Under Management(AUM) of ₹173 Cr and the Latest NAV as of 18 Sep 2020 is ₹126.09.
The Aditya Birla Sun Life Nifty ETF Growth is rated Moderately High risk. Minimum SIP Investment is set to 5000.
The scheme aims to generate returns which closely correspond to the returns generated by securities as represented by Nifty 50 Index. The scheme would aim to maintain least amount of cash & will also try & avoid investment in debt & money market securities.
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.