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Aditya Birla Sun Life Mutual Fund

Current & Historical NAV / Dividend

NAV|Dividend

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Scheme Code	Scheme Name	NAV Date	NAV Value

Need Help? Call 1-800-270-7000

Please select fund category
Please select fund name
Select from date
Please select "To" date greater than "From" date

Reset

Scheme Code	Scheme Name	Dividend Date	Dividend Value

Need Help? Call 1-800-270-7000

Methodology for calculating subscription and redemption price of units.

Subscription / Switch-in (from other schemes/plans of the Mutual Fund) (This is the price investor need to pay for purchase/switch-in)
If the applicable NAV is Rs. 10/- and since there will be no entry load, then the purchase price will be Rs. 10/-
Redemption / Switch - out (to other schemes/plans of the Mutual Fund)(This is the price investor will receive at the time of redemption/ switch-out)
If the applicable NAV is Rs. 10/- and exit load is 0.5% then sale price will be 10 - (10 * 0.5%) = 10 - 0.05 = Rs. 9.95/-

Aditya Birla Sun Life Sensex Exchange Traded Funds (ETF) - Aditya Birla Sun Life Mutual Fund

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Aditya Birla Sun Life Sensex ETF

Aditya Birla Sun Life Sensex ETF

(An open ended scheme replicating BSE SENSEX index)

Class: Others

Category: ETF

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Investment Objective

The investment objective of the scheme is to provide returns that, before expense, closely correspond to the total returns of the securities as represented by BSE SENSEX by holding stocks in same proportion.

This Product is Suitable For Investors Who Are Seeking*:

long term capital growth
Investments in stocks in line with BSE SENSEX to generate comparable returns, subject to tracking errors

Fund Details

Fund Type - Open-Ended
Class - Others
Category - ETF
Min Investment - Rs. 5000/-

Fund Manager - Mr. Lovelish Solanki
Latest NAV - 377.572 (as on 15-Nov-2019)
Inception Date - Jul 18, 2016
Current NAV - 374.98

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Fund Management

Mr. Lovelish Solanki

Total Experience :

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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.

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Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.

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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

Exit Load of 1% if redeemed within 365 Days from the date of allotment.

Highlights

Investments in promising companies across industries
Discipline
Potential wealth creation with equity

Why ETF?

ETFs are the latest and the fastest growing mutual fund structure in the world. In conventional open ended mutual funds, investors must wait until the end of the day when the fund net asset value (NAV) is announced before knowing what price they paid for new units they bought and the price they will receive for units they sold. For most long-term investors it does not matter much, but many investors do require greater flexibility. ETFs are different from conventional index funds in the sense that ETFs are traded throughout the day unlike index funds whose NAVs are computed.

ETFs are bought and sold during the day when the markets are open. The pricing of ETF shares is continuous during normal exchange hours. Trading prices vary throughout the day, based mainly on the changing intraday value of the underlying assets in the fund. ETF investors know within moments how much they paid to buy units and how much they received after selling. The nearly instantaneous trading of ETF shares makes intraday management of a portfolio possible. Through this product we give our investors an opportunity to efficiently get their allocation into the investments they want in an hour and then change their allocation in the next hour. Short selling is also available to ETF investors.

Introducing ABSL SENSEX ETF

ABSL SENSEX ETF is an open-ended exchange traded fund that is designed to track S & P BSE Sensex TRI index returns and trade just like any other stock, combined with the benefits of a mutual fund. This ETF will seek to mirror the return of S & P BSE Sensex TRI. The ETF will trade like a stock on an exchange, thus experiencing price changes throughout the day as it is bought and sold. An investor, by owning this ETF gets the diversification of an SENSEX as well as the ability to sell short, buy on margin and purchase as little as one share. It can be bought and sold through stock market brokers on payment of stock market related brokerages.

It will adopt a passive investment strategy. The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by BSE SENSEX by holding BSE SENSEX stocks in same proportion. However, the performance of the scheme may differ from that of the underlying index due to tracking error.

Key Benefits

Low cost – ETF have low expense ratio compared to the open ended mutual fund schemes.
Provides Efficient diversification – The companies are spread across wide spectrum of sectors and are beneficial for an investor who is in building in a well diversified investment portfolio. Also these companies are core to the India Growth story.
Easy to invest and sell – Investors wishing to invest & sell can do so anytime during the market hours as ABSL SENSEX ETF will be listed on the stock exchange.
RGESS eligible scheme - Investment in ABSL SENSEX ETF is eligible for tax benefits under RGESS (Section 80CCG of the Income tax Act) for eligible investors.

How ETF will work