Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth
NAV as on 17-04-2025
₹ 17.12
▲1.3%
1D
Inception Returns
15%
/yr
Historical NAV & Returns
Absolute
▲
▼
2889 people have invested ₹ 48.5L in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth in the last three months
About Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth is an equity fund. This fund was started on 8 June, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth has ₹361 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth has given a CAGR return of 14.96% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.36% and 15.12% respectively.
Holdings
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Tech, Consumer Defensive, Energy, Health, Industrial, Utilities, Communication. Its top holdings are Tata Consumer Products Ltd, Bajaj Finserv Ltd, Trent Ltd, Hero MotoCorp Ltd, IndusInd Bank Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth
The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by Nifty 50 Equal Weight TR Index, subject to tracking errors. The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth has no lock in period.
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth Overview
| Expense ratio | 0.4% |
Benchmark | NIFTY50 Equal Weight PR INR |
| AUM | ₹361 Cr |
| Inception Date | 8 June, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 53.13% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (31-Mar-25)
Large cap
95.9%
Mid cap
4.1%
Sector Allocation
Financial Services
24.2%
Consumer Cyclical
15.3%
Basic Materials
12.4%
Consumer Defensive
10.3%
Energy
9.7%
Tech
9.3%
Health
7.4%
Industrial
5.5%
Utilities
3.7%
Communication
2.1%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 6.03% whereas the fund’s underlying benchmark Nifty 50 returns stands at 6.33% as on Mar'25
- This fund underperformed Nifty 50 by 0.30% in Mar'25
- AUM of the fund stands at 360.7 Cr as of Mar'25
- AUM increased by 22.7 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Shriram Finance Ltd's allocation increased from 1.97% to 2.26%
Nestle India Ltd's allocation increased from 1.99% to 2.18%
Top Stocks sold last month
Tata Steel Ltd's allocation decreased from 5.26 % to 2.09 %
Dr Reddy's Laboratories Ltd's allocation decreased from 2 % to 1.76 %
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Basic Materials
Mar'25
Financial Services
24%
Consumer Cyclical
15%
Basic Materials
12%
Feb'25
Financial Services
24%
Consumer Cyclical
15%
Basic Materials
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Tata Consumer Products Ltd | 2.08% | 1.5% | |
 Bajaj Finserv Ltd | 2.08% | 1.5% | |
 Trent Ltd | 2.07% | 1.5% | |
 Hero MotoCorp Ltd | 2.06% | 1.5% | |
 HDFC Life Insurance Co Ltd | 2.05% | 1.5% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth | 7.36% | 15.12% | - | 14.96% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 15.05% | 13.86% | 21.46% | 13.14% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 8.76% | 11.98% | 21.92% | 12.91% |
 SBI Nifty Index Fund Direct Growth | 8.73% | 11.97% | 21.85% | 12.63% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Power Grid Corporation of India Ltd | 14.1% |
 Kotak Mahindra Bank Ltd | 7.6% |
 Bharat Electronics Ltd | 3.5% |
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Fund House
Aditya Birla Sun Life AMC Ltd
Total Schemes
Total AUM
₹3.68L Cr
as on 31-Mar-2025
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.96% since inception which is more than its category average return of 8.09%
Fund Allocations
This fund has an allocation of 99.92% in Equity, 0% in Debt and 0.08% in Cash related instruments
AUM size ₹361 Cr
This fund has AUM of ₹361 Cr which is less than its category average of ₹ 771 Cr
Expense Ratio 0.4%
This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.55%
Frequently Asked Questions for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth
The current NAV of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth is ₹17.12 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.21% | 6.21% |
6 Month Returns | -5.98% | -5.98% |
1 Year Returns | 7.36% | 7.36% |
3 Years Returns | 52.58% | 15.12% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.4% as on March 2025
₹361 Cr as on March 2025
Tata Consumer Products Ltd(2.08%), Bajaj Finserv Ltd(2.08%), Trent Ltd(2.07%), Hero MotoCorp Ltd(2.06%), IndusInd Bank Ltd(2.05%) as on March 2025
Financial Services(24.15%), Consumer Cyclical(17.86%), Basic Materials(12.06%) as on March 2025
The alpha ratio for the Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth | 0.55 | 0.52 | - |
As on March 2025
The alpha for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth is calculated against NIFTY50 Equal Weight PR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth | 1 | 1 | - |
As on March 2025
The Beta for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth is calculated with NIFTY50 Equal Weight PR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth | -0.08 | 0.59 | - |
As on March 2025
The sharpe ratio for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth is calculated with NIFTY50 Equal Weight PR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth | 15.87 | 14.99 | - |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.97 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.83 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Direct Growth is 0%