Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 31-01-2025
₹ 15.57
▲1.5%
1D
Inception Returns
16.9%
/yr
About Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 21 February, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth has ₹167 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 16.86% since inception. Over the last 1 year the fund has given a CAGR return of 14.27%.
Holdings
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Utilities, Consumer Defensive, Basic Materials, Health, Real Estate, Communication, Tech, Energy. Its top holdings are Zomato Ltd, Jio Financial Services Ltd, InterGlobe Aviation Ltd, Varun Beverages Ltd, Hindustan Aeronautics Ltd Ordinary Shares
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 Next 50 Index Fund Direct Growth
The investment objective of the Scheme is to provide returns that closely track the total returns of securities as represented by Nifty Next 50 Index, subject to tracking errors
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 Next 50 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
▲
▼
3541 people have invested ₹ 1.3Cr in Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth in the last three months
INDmoney Rank for Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth
Powered by IND quant engine
7
/12
66% Performance
8% Cost
7 out of 12 among Index-Nifty-Next-50
Low tracking error in the category
No bad points found for this fund.
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth Overview
| Expense ratio | 0.33% |
Benchmark | IISL Nifty Next 50 TR INR |
| AUM | ₹167 Cr |
| Inception Date | 21 February, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 63.73% |
| 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 (30-Nov-24)
Large cap
93.1%
Mid cap
6.5%
Sector Allocation
Financial Services
23.7%
Industrial
14.7%
Consumer Cyclical
13.3%
Utilities
12.4%
Consumer Defensive
10.5%
Basic Materials
9.3%
Health
5.5%
Real Estate
3.8%
Communication
2.8%
Tech
2.1%
Energy
2.1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 1.23% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty Next 50 by 1.95% in Nov'24
- AUM of the fund stands at 167.5 Cr as of Dec'24
- AUM increased by 7.9 Cr between Dec'24 and Nov'24
Top Stocks bought last month
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.97% to 4.33%
Top Stocks sold last month
Canara Bank's allocation decreased from 2.16 % to 1.86 %
Varun Beverages Ltd's allocation decreased from 5.26 % to 0.91 %
Mid Cap allocation has gone down from 8.5% to 6.5%
Large Cap allocation has gone up from 91.7% to 93.1%
Cash allocation has gone up from -0.3% to 0.4%
Top 3 Sectors in December were Financial Services, Industrial & Basic Materials
Dec'24
Financial Services
24%
Industrial
15%
Consumer Cyclical
13%
Nov'24
Financial Services
23%
Industrial
19%
Basic Materials
12%
See all
Top Losers | 1M Return |
|---|---|
 Jio Financial Services Ltd | -21.4% |
 Siemens Ltd | -10.1% |
 Adani Green Energy Ltd | -6.6% |
Loading...
We are taking more time than usual
Fund House
Aditya Birla Sun Life AMC Ltd
Total Schemes
Total AUM
₹3.78L Cr
as on 29-Nov-2024
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 Next 50 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 16.86% since inception which is more than its category average return of 10.4%
Fund Allocations
This fund has an allocation of 99.62% in Equity, 0% in Debt and 0.38% in Cash related instruments
AUM size ₹167 Cr
This fund has AUM of ₹167 Cr which is less than its category average of ₹ 809 Cr
Expense Ratio 0.33%
This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions for Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth
The current NAV of Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth is ₹15.57 as on 31-Jan-2025.
Existing (Absolute + CAGR) as on 31-Jan-2025.
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.17% | -7.17% |
6 Month Returns | -15.69% | -15.69% |
1 Year Returns | 14.27% | 14.27% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.33% as on January 2025
₹167 Cr as on January 2025
Zomato Ltd(7.87%), Jio Financial Services Ltd(4%), InterGlobe Aviation Ltd(3.65%), Varun Beverages Ltd(3.49%), Hindustan Aeronautics Ltd Ordinary Shares(3.24%) as on January 2025
Financial Services(23.62%), Industrial(14.62%), Consumer Cyclical(13.22%) as on January 2025
The alpha ratio for the Aditya Birla Sun Life Nifty Next 50 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 Next 50 Index Fund Direct Growth | -0.66 | - | - |
As on January 2025
The alpha for Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth is calculated against IISL Nifty Next 50 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 Next 50 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 Next 50 Index Fund Direct Growth | 1 | - | - |
As on January 2025
The Beta for Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 50 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 Next 50 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 Next 50 Index Fund Direct Growth | 0.44 | - | - |
As on January 2025
The sharpe ratio for Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 50 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 Next 50 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 Next 50 Index Fund Direct Growth | 18.67 | - | - |
As on January 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.
The Exit load of Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth is 0%