January 24, 2024
mayank
Aditya Birla (ABSL) Nifty 50 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 216.0457
NAV IDCW: Rs 22.3357
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme aims to generate returns that are commensurate with the performance of the Nifty subject to tracking error, through investments in companies whose securities included in Nifty and in money market instruments & cash.
Fund Manager:
1) Haresh Mehta
2) Pranav Gupta
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 12.52% |
| Benchmark | NIFTY 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 732 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.20% |
| (As on 31-Dec-2023) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 19.00% |
Trailing Returns (%) of Aditya Birla Nifty 50 Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Nifty 50 Index Dir | -2.24 | -1.77 | -0.49 | 10.28 | 7.97 | 18.18 | 14.80 | 15.18 | 14.78 | 13.26 |
| S&P BSE 100 TRI | -1.88 | -1.74 | -0.04 | 11.67 | 9.99 | 21.09 | 16.32 | 16.15 | 15.74 | 14.78 |
| Equity: Large Cap | -1.09 | -1.96 | 0.94 | 14.34 | 13.80 | 24.82 | 16.64 | 16.04 | 15.05 | 14.77 |
| Rank within category | 80 | 31 | 78 | 75 | 71 | 77 | 46 | 35 | 29 | 40 |
| Number of funds in category | 98 | 98 | 98 | 97 | 96 | 93 | 61 | 50 | 43 | 43 |
Peer Comparison of Aditya Birla (ABSL) Nifty 50 Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ABSL Nifty 50 Index Dir | 2 star | 18.18 | 14.80 | 15.18 | 0.20 | 732 | 12.52 | — | 11Y | 19.00 |
| DSP Nifty 50 Equal Weight Index Dir | 4 star | 28.20 | 21.22 | 18.01 | 0.40 | 1,004 | 13.17 | — | 6Y 3M | 23.00 |
| UTI Nifty 50 Index Dir | 3 star | 18.24 | 14.98 | 15.47 | 0.21 | 15,002 | 13.07 | — | 11Y | 4.00 |
| HDFC Index Nifty 50 Dir | 3 star | 18.24 | 14.94 | 15.37 | 0.20 | 11,887 | 13.20 | 0.25 (3) | 11Y | 4.21 |
| ICICI Pru Nifty 50 Index Dir | 3 star | 18.21 | 14.94 | 15.44 | 0.17 | 6,587 | 13.15 | — | 11Y | 10.00 |
Portfolio Analysis of Aditya Birla (ABSL) Nifty 50 Index Fund
| No. of Stocks | 50 |
| Top 10 Stocks | 57.54% |
| Top 5 Stocks | 40.26% |
| Top 3 Sectors | 60.67% |
| Portfolio P/B Ratio | 3.79 |
| Portfolio P/E Ratio | 23.36 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 5,02,885 | 3,31,280 |
| Giant (%) | 91.26 | 66.74 |
| Large (%) | 8.42 | 28.52 |
| Mid (%) | 0.31 | 5.28 |
| Small (%) | — | 2.23 |
| Tiny (%) | — | — |
How to Invest in Aditya Birla (ABSL) Nifty 50 Index Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Nifty 50 Index Fund
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
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