Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
NAV as on 17-04-2025
₹ 21.91
▲0.6%
1D
Inception Returns
21.3%
/yr
Historical NAV & Returns
Absolute
▲
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204746 people have invested ₹ 7Cr in Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth in the last three months
About Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is an equity fund. This fund was started on 6 April, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth has ₹315 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 Midcap 150 Index Fund Direct Growth has given a CAGR return of 21.34% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 6.52% and 19.44% respectively.
Holdings
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Health, Basic Materials, Consumer Cyclical, Tech, Consumer Defensive, Utilities, Real Estate, Communication, Energy. Its top holdings are Max Healthcare Institute Ltd Ordinary Shares, BSE Ltd, Suzlon Energy Ltd, Persistent Systems Ltd, Coforge 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 Midcap 150 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 Midcap 150 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 Midcap 150 Index Fund Direct Growth has no lock in period.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth Overview
| Expense ratio | 0.44% |
Benchmark | Nifty Midcap 150 TR INR |
| AUM | ₹315 Cr |
| Inception Date | 6 April, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 46.32% |
| 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 |
INDmoney Rank for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Among most bought funds within the category
No bad points found for this fund.
Fund Distribution
as on (31-Mar-25)
Mid cap
92%
Large cap
4.9%
Small cap
3%
Sector Allocation
Financial Services
20.2%
Industrial
18.6%
Consumer Cyclical
13.3%
Health
11.5%
Basic Materials
11.3%
Tech
10%
Consumer Defensive
4.4%
Real Estate
3.3%
Communication
3.1%
Energy
2.4%
Utilities
2%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.65% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 6.33% as on Mar'25
- This fund outperformed Nifty Midcap 150 by 1.33% in Mar'25
- AUM of the fund stands at 315.3 Cr as of Mar'25
- AUM increased by 32.1 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Persistent Systems Ltd's allocation increased from 1.64% to 1.94%
Top Stocks sold last month
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 0.64 %
Bharat Dynamics Ltd Ordinary Shares's allocation decreased from 0.32 % to 0.31 %
Top 3 Sectors in March were Financial Services, Industrial & Consumer Cyclical
Mar'25
Financial Services
20%
Industrial
19%
Consumer Cyclical
13%
Feb'25
Financial Services
20%
Industrial
19%
Consumer Cyclical
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Max Healthcare Institute Ltd Ordinary Shares | 2.58% | 2.4% | |
 BSE Ltd | 2.36% | 2.4% | |
 Suzlon Energy Ltd | 2.13% | 3.2% | |
 Persistent Systems Ltd | 1.86% | 2.4% | |
 Coforge Ltd | 1.71% | 2.4% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth | 6.52% | 19.44% | - | 21.34% |
 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 |
|---|---|
 BSE Ltd | 43% |
 Max Healthcare Institute Ltd | 6.6% |
 Suzlon Energy Ltd | 0.2% |
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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 Midcap 150 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 21.34% since inception which is more than its category average return of 8.09%
Fund Allocations
This fund has an allocation of 99.95% in Equity, 0% in Debt and 0.05% in Cash related instruments
AUM size ₹315 Cr
This fund has AUM of ₹315 Cr which is less than its category average of ₹ 771 Cr
Expense Ratio 0.44%
This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 0.55%
Frequently Asked Questions for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
The current NAV of Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is ₹21.91 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.67% | 7.67% |
6 Month Returns | -10.56% | -10.56% |
1 Year Returns | 6.52% | 6.52% |
3 Years Returns | 70.4% | 19.44% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.44% as on March 2025
₹315 Cr as on March 2025
Max Healthcare Institute Ltd Ordinary Shares(2.58%), BSE Ltd(2.36%), Suzlon Energy Ltd(2.13%), Persistent Systems Ltd(1.86%), Coforge Ltd(1.71%) as on March 2025
Financial Services(20.84%), Industrial(18.97%), Health(12.28%) as on March 2025
The alpha ratio for the Aditya Birla Sun Life Nifty Midcap 150 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 Midcap 150 Index Fund Direct Growth | -0.46 | -0.28 | - |
As on March 2025
The alpha for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is calculated against Nifty Midcap 150 TR 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 Midcap 150 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 Midcap 150 Index Fund Direct Growth | 1 | 1 | - |
As on March 2025
The Beta for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is calculated with Nifty Midcap 150 TR 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 Midcap 150 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 Midcap 150 Index Fund Direct Growth | 0.13 | 0.79 | - |
As on March 2025
The sharpe ratio for Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is calculated with Nifty Midcap 150 TR 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 Midcap 150 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 Midcap 150 Index Fund Direct Growth | 20.3 | 17.29 | - |
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 1.31 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth is 0.25%