FAQ : Aditya Birla Sun Life Nifty Next 50 Index Fund - Growth - Direct Plan

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) 57.97 N/A N/A N/A
Average Rolling Returns(%) 34.11 N/A N/A N/A

The Current NAV of Aditya Birla Sun Life Nifty Next 50 Index Fund - Growth - Direct Plan is ₹16.74.

It is better to invest in a fund with a longer track record as Aditya Birla Sun Life Nifty Next 50 Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY NEXT 50, as the Funds portfolio is similar to its benchmark.

Aditya Birla Sun Life Nifty Next 50 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.33%

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 Next 50 Index Fund - Growth - Direct Plan is currently ₹160 Crores.

The Top three stocks are Hindustan Aeron, Vedanta and Divis Lab and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 37% of fund’s portfolio respectively.

Top three sectors of Aditya Birla Sun Life Nifty Next 50 Index Fund - Growth - Direct Plan fund are BFSI, Capital Goods and Construction & Infrastructure accounting for 51% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Index Funds - Nifty Next 50 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 Next 50 Index Fund - Growth - Direct Plan Fund is Index Funds - Nifty Next 50.

Haresh Mehta manages the Aditya Birla Sun Life Nifty Next 50 Index Fund - Growth - Direct Plan Fund.

Aditya Birla Sun Life Nifty Next 50 Index Fund - Growth - Direct Plan current PE ratio is 61.58 and PB ratio is 8.85

The asset allocation of Aditya Birla Sun Life Nifty Next 50 Index Fund - Growth - Direct Plan is Stocks : 99.98%, Debt : 0.01% and Gold : 0%

The minimum SIP amount for Aditya Birla Sun Life Nifty Next 50 Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Aditya Birla Sun Life Nifty Next 50 Index Fund - Growth - Direct Plan is Nil

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