Aditya Birla Capital
ABC Home
Loans
Investments
Insurance
Payments
Download ABCD

Experience finance made simple on the new ABCD app!

Scan to Download the App

Playstore Appstore
1800-270-7000

Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life AMC Limited

    Our Menu
    Invest with Us
    Metaverse

    Aditya Birla Sun Life AMC Limited

    Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund- ABSLMF

    Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund

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

    Category: Other
    Sub- Category: Index Funds
    Invest Now

    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.

    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.

    Fund Details

    • Fund Type - Open-Ended
    • Category - Other
    • Sub- Category - Index Funds
    • Min Investment - Rs. 100/-
    • Fund Manager - Mr. Pranav Gupta & Mr. Haresh Mehta
    • Latest NAV - 15.578 (as on 19-Apr-2024)
    • Inception Date - Jun 08, 2021
    View Full Details
    Invest Now start a sip Add to Wishlist

    Fund Performance

    Graphical Data Tabular Data

    Trailing Return

    loading...
    Funds are bucketed on various parameters with respect to other funds in their category.
    *Annualized returns are displayed for 1 year and above.

    Annualized Returns

    loading...
    Annual

    Investment Performance - Regular Plan - Growth NAV as on November 30, 2017: Rs.215.23
    Inception - Aug 30, 2002 1 Year 3 Years 5 Years Since Inception
    Aditya Birla Sun Life Frontline Equity Fund 25.01 10.49 17.17 22.27
    Value of Std Investment of Rs. 10,000 12501 13500 22093 215230
    Benchmark - S&P BSE 200 27.24 8.83 13.63 17.67
    Value of Std Investment of Rs. 10,000 12724 12898 18947 119869
    Additional Benchmark - Nifty 50 24.34 5.98 11.70 16.37
    Value of Std Investment of Rs. 10,000 12434 11908 17393 101193
    • Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes managed by Mr. Mahesh Patil is 7. Refer annexure on page no. 65 to know more on performance of schemes managed by Fund Managers. $‘These Plan/Options continue for fresh subscriptions under the scheme’.
       
    • The scheme is currently managed by Mr. Mahesh Patil since November 17, 2005 (12.1) years.
       
    • The scheme is in existence for more than 5 years.
    Invest Now Add to Wishlist

    Fund Management

    • Mr. Pranav Gupta

      Total Experience : 4 years

      View Full Profile
      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
    • Mr. Haresh Mehta

      Total Experience : 15 Years

      View Full Profile
      Mr. Haresh Mehta has a total work experience of around 15 years in dealing related activities. Prior to joining Aditya Birla Sun Life AMC Limited, he was associated with Baroda BNP Paribas Asset Management India Pvt. Ltd for over 4 years as a Dealer and Investment Support. He has also worked for over 11 years as a Trader in Institutional equities with First Global Stockbroking Pvt. Ltd.
    View Fund Managed by
    Load More
    Total Schemes managed by {fundmanagername} is {fundmanagerfundcount}
    Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.
    To check an all-time best return rate for equity funds, check how they've performed in the last 3 or 5 years.

    Check your investment performance

    Use this tool by entering any amount you would have invested to calculate how much it would be worth today.

    I had invested
    Rs
    Minimum Amount is Rs 500
    in
    Select the type of Fund
    Fund
    Select the Fund name

    as an
    Select Lumpsum or frequency of SIP
    starting on
    Select the date invested
    CALCULATE RETURN

    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%

    Portfolio and Sector Holdings

    Top 10 Holdings (As on 31.03.2024)

    loading...
    Issuer % to Net Assets
    Top 10 Sector Holdings Chart

    Fund Summary

    Entry Load
    Exit Load
    Load Comments
    NIL
    NIL
    NIL

    Highlights

    • Potential access to leaders of the market.
    • Reduced stock and sector concentration risk.
    • Conducive to a broad-based market rally.
    • Provides access to a ‘simple yet smart and intelligent’ investing strategy
    • Lower costs

    Index investing seeks to mimic the performance of an index. Its passive investing strategy provides for automatic stock selection reducing risk of ‘active’ stock selection while keeping costs low. One of the options in passive investing is Nifty 50 Equal Weight Index.
    Nifty 50 Equal Weight Index comprises of the same top 50 large cap companies that constitute the popular Nifty 50 Index, but weighted equally, as against market cap based weightage. In other words, it follows an alternative weighting strategy - all 50 companies are weighted equally i.e., ~2% allocation to each company.
    The index’s portfolio is rebalanced quarterly i.e., allocation to all 50 stocks is balanced back to ~2% every quarter. This results in a periodic automatic profit booking since overweight stocks are sold, and underweight stocks are bought.
    As the economy moves into a phase of broad-based economic growth, such a strategy which provides equal opportunity to all portfolio stocks to shine as against one which relies on the performance of a few ‘top stars’ can be considered.

    For constituents, methodology & other details on Nifty 50 Equal Weight TRI click here

    About Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund

    Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund is an open ended scheme tracking Nifty 50 Equal Weight TR Index. 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.
    The scheme allocates 95-100% to Equity & Equity related securities constituting the Nifty 50 Equal Weight Index and 0-5% in 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.

    Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund

    (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

    Moderately High Risk
    adssa Invest Now Add to Wishlist
    Show More

    DOWNLOAD

    • KIM - Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund
    • SID - Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund
    • Dividend history
      Select from date Select To date Please select "To" date greater than "From" date No Records Found

    • Portfolio

    How To Invest?

    How To Invest?

    Compare Funds 0

    Similar Funds

    Disclaimer

    For further details on the Scheme, refer Scheme Information Document and Key Information Memorandum.