Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 19-11-2024
₹ 8.6
▲1.7%
1D
Inception Returns
/yr
About Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth is an equity fund. This fund was started on 30 August, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth has ₹331 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth has given a CAGR return of -12.71% since inception.
Holdings
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Tech, Consumer Cyclical. Its top holdings are Bharat Electronics Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Solar Industries India Ltd, Mazagon Dock Shipbuilders Ltd, Cochin Shipyard 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth
The investment objective of the Scheme is to provide returns that, before expenses, correspond to the total returns of securities as represented by the Nifty India Defence Total Return Index, subject to tracking errors.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth Overview
| Expense ratio | 0.31% |
Benchmark | Nifty India Defence TR INR |
| AUM | ₹331 Cr |
| Inception Date | 30 August, 2024 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Redeeming 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-Oct-24)
Top Growth Drivers | 1M Return |
|---|---|
 DCX Systems Ltd | 3.9% |
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹331 Cr
Expense Ratio 0.31%
Frequently Asked Questions for Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -8.92% | -8.92% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth | - | - | - |