FAQ : Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 21.3 16.45 N/A N/A
Average Rolling Returns(%) 22.15 19.08 N/A N/A

The Current NAV of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth is ₹16.40.

It is better to invest in a fund with a longer track record as Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth fund’s expense ratio is 1.02%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth is currently ₹342 Crores.

The Top three stocks are Wipro, Tech Mahindra and Bharat Electronics and account for 7% of its portfolio. Top 5 and 10 stocks of fund account for 12% and 23% of fund’s portfolio respectively.

Top three sectors of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth fund are BFSI, IT and Auto accounting for 44% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth Fund is Index Funds - Other.

Rupesh Gurav manages the Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth Fund.

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth current PE ratio is 38.04 and PB ratio is 8.25

The asset allocation of Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth is Stocks : 99.51%, Debt : 0.45% and Gold : 0%

The minimum SIP amount for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹100.00

The exit load for Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund - Regular Plan - Growth is Nil

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