Aditya Birla Sun Life AMC Limited

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Aditya Birla Sun Life Nifty 200 Momentum 30 ETF

(An open ended exchange traded fund tracking Nifty 200 Momentum 30 TRI)

Category: Other-E
Sub-Category: ETFs - Others1

Investment Objective

The investment objective of the Scheme is to generate returns that are in line with the performance of Nifty 200 Momentum 30 Index, subject to tracking errors.

(An open ended exchange traded fund tracking Nifty 200 Momentum 30 TRI)

This product is suitable for investors who are seeking:

  • Investors seeking returns that are in line with the performance of Nifty 200 Momentum 30 Index,subject to tracking errors
  • Investments in the stocks belonging to Nifty 200 Momentum 30 Index

Fund Details

  • Fund Type - Open-Ended
  • Category - Other-E
  • Sub-Category - ETFs - Others1
  • Min Investment - Rs. 100/-
  • Fund Manager - Mr. Lovelish Solanki & Mr. Pranav Gupta
  • Latest NAV - 34.051 (as on 12-Nov-2024)
  • Inception Date - Aug 10, 2022
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Fund Management

  • Mr. Lovelish Solanki

    Total Experience : 12 Years

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    Lovelish Solanki is a Fund Manager at Aditya Birla Sun Life AMC Limited (ABSLAMC). He comes with an experience of over a decade in fund management and research, both in Equity and Debt. He has been a part of ABSLAMC since October 2014.

    He was earlier associated with Union KBC Asset Management Co Limited for 4 years, as trader for the Equity and FNO Segment, while also managing the Options part of Capital protection Funds and other Close ended Schemes. Prior to Union KBC Asset Management Co Limited, he was also associated with Edelweiss Asset Management Co. Ltd for 3 years, responsible for the execution and management of Arbitrage Funds.

    Lovelish has a Master’s degree in Management Studies from Mumbai University with a specialisation in Finance. He is also a level 1 certified Chartered Market Technician (CMT) – 2012.
  • Mr. Pranav Gupta

    Total Experience : 4 years

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    Mr. Pranav Gupta has over 4 years of experience in capital market across segments such as derivative sales trading and Alternative Research. Prior to joining Aditya Birla Sun Life AMC Limited, he was part of the Alternate Research and Strategy department at Centrum Broking Limited and has also worked with OHM Stock Broker Pvt. Ltd
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Your Investment Summary

  • Investment AmountRs 5000
  • Initial units per month 29.5
  • Current valueRs 50,000
  • Current NAV value 260
  • Current Units 30
  • XIRR

    Internal rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals.

    5.10%
  • Benchmark XIRR

    Internal Rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals for respective benchmark index.

    8%

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
NIL
Not Applicable

Highlights

  • Key object - add winners, remove laggards
  • Strong Performance
  • Diversified exposure

Ride the “Momentum” of Factor Investing!

  • Buying the winners

    As an equity investor, you look for high performers. Strong stocks that begin to rise and perform well can continue to do so, at least in the near term. Probably, due to the snowball effect – the further it rolls the bigger it becomes!

  • The ‘go with the flow’ strategy!

    Momentum based factor investing can help identify such stocks based on their recent price performance trends – generally over 6 months or 1 year time frame. Making it is essentially a dynamic investing strategy.

  • Factor investing – best of both worlds: active and passive investing

    Factor investing combines the best of both - looks to outperform traditional market cap weighted indices, while maintaining the low costs and transparency of passive investing.

How is the Nifty 200 Momentum 30 Index constituted?

-The index comprises of the top 30 stocks from the parent NIFTY 200 Index, that are performing consistently over the 6-month/12-month time frame (‘normalised momentum’ scores).

-Weightage of each stock in the index is derived by multiplying the free float market cap with the normalised momentum score of that stock.

-Each stock in the index is capped at the lower of 5% or 5 times the weight of the stock in the index based only on free float market capitalization.

-The index is rebalanced semi-annually.

Aditya Birla Sun Life Nifty 200 Momentum 30 ETF

(An open ended exchange traded fund tracking Nifty 200 Momentum 30 TRI)

This product is suitable for investors who are seeking:

  • Investors seeking returns that are in line with the performance of Nifty 200 Momentum 30 Index, subject to tracking errors
  • Investments in the stocks belonging to Nifty 200 Momentum 30 Index

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

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