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Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life AMC Limited

    • ABSL Nifty 50 Equal Weight Index Fund

    Equity Index Fund

    An open ended scheme tracking Nifty 50 Equal Weight TR Index

    AUM (In crores)

    NAV

    Annualized Returns %

    Annualized

    Returns %

    1 Year

    3 Year

    5 Year

    Since Inception

    Aditya Birla Sun Life Nifty 50 Equal Weight
    Index Fund

    SIP Amount
    Min . ₹ 100
    Lumpsum Amount
    Min. ₹ 100

    Fund Overview

    Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund is an open ended scheme tracking Nifty 50 Equal Weight TR Index.

    Also Read: What are Index Funds – Meaning, Features, Benefits

    Investment Objective

    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.

    Why one can invest:

    • check-circle

      If you seek long-term capital appreciation.

    • If you seek returns that are commensurate with the performance of the Nifty 50 Equal Weight TR Index, subject to tracking errors.

    • If you are looking to lower your investment risk through broader diversification.

    • If you want to start with low minimum investment of as little as Rs.100.

    Fund Details

    CAGR

    Latest NAV

    (as on )

    AUM

    ()

    Inception Date

    ()

    Risk

    Investment Horizon

    3-5 years

    Annualized Benchmark Returns

    Min Investment

    Entry load

    NIL

    Exit load

    NIL

    Total Expense Ratio (TER)

    Sharpe Ratio

    Beta Ratio

    Other Parameters

    Standard Deviation

    Modified Duration

    -

    Yield to Maturity

    -

    Portfolio Turnover:

    -

    Average Maturity

    -

    Macaulay Duration

    -

    Net Equity Exposure

    -

    Fund Managers

    General profile pic

    Mr. Rupesh Gurav

    Mr. Rupesh Gurav has as an overall ...
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    Riskometer

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    (An open ended scheme tracking Nifty 50 Equal Weight TR Index)

    This product is suitable for investors who are seeking

    • -Long Term Capital Appreciation

    • -Investments in Equity and Equity related securities and replicates the composition of the Nifty 50 Equal Weight TR Index

    *Investors should consult their financial advisers if in doubt whether the product is suitable for them

    Portfolio & Sector Holdings

    Retail

    % of Net Assets

    Sector Holdings

    Dividend History

    Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.

    Investment Performance

    IDCW Plan of this scheme has distributed income to its investors out of its earnings, from time to time. The details of the same is tabulated:
    Declared on date IDCW Yield (Regular Plan) IDCW Per Unit Cum IDCW NAV

    Fund Summary

    • Are you looking to invest in the top 50 large-cap companies without taking on the risk of individual stock-picking? Equal weight investing can be a solution!

    • Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund offers an equal-weighted approach to invest in the Nifty 50 Index, which is different from the traditional market-cap weighted approach.

    • This passively managed fund provides a low-cost, low-maintenance solution to invest in the India's top 50 large-cap companies with equal weightage to each stock.

    • With this fund, you can enjoy the features of a diversified portfolio that includes stocks from different sectors, themes, and market caps, with relatively lower ticket size than investing in individual stocks.

    Fund Discipline

    • The scheme allocates 95% - 100%r to Equity & Equity related securities constituting the Nifty 50 Equal Weight Index and 0 - 5% to Debt and Money Market Instruments.

    • The net assets of the scheme will be invested predominantly in stocks constituting the Nifty 50 Equal Weight TR Index.

    • The fund Benchmark is Nifty 50 Equal Weight TRI.

    Tax Applicability

    Investment held for less than 12 months

    Short Term Capital Gain Tax would be applicable. Any gains/profits would be taxed at 15% (plus applicable surcharge and cess).

    Investment held for more than 12 months

    Long Term Capital Gain Tax would be applicable. Gains/profits are taxed at 10% without indexation (plus applicable surcharge and cess).

    Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.

    Forms & Downloads

    Portfolio

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    KIM

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    SID

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    7 D
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    For redemption/switch out of units on or before 7 days from the date of allotment: 0.25% of applicable NAV. For redemption/switch out of units after 7 days from the date of allotment: Nil

    Start SIP
    Lumpsum

    Don’t know where to start? Start here!

    Frequently Asked Questions

    There are two ways in which you can invest in this fund.

    o Via Direct Plan - involves purchasing units of the fund directly from Aditya Birla Sun Life Mutual Fund
    o Via Regular Plan – involves investing through a distributor or broker of your choice<

    Both these index funds have a common portfolio but separate NAVs. This is because they both apply different expense ratios. Your choice of plan thus directly impacts the returns from your investment.

    To redeem your investments in the direct plan of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund, you can use their mobile app or desktop webpage and select a specified amount or number of units to redeem. For investments made in the regular plan through Registrar and Transfer Agent (RTA) or Mutual Fund Distributor (MFD), you can submit a duly signed redemption form to the respective RTA/MFD or redeem online through their portal, if available.

    Yes, you can invest in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund via SIP or lump-sum route. The choice of mode of investing will be guided by your investing objective, risk appetite and investment horizon.

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