January 24, 2024
mayank
Aditya Birla (ABSL) Nifty Midcap 150 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 19.3057
NAV IDCW: Rs 19.3054
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide returns that closely correspond to the total returns of securities as represented by Nifty Midcap 150 Index, subject to tracking errors.
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) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption Within 15 days |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Apr-21 |
| Return Since Launch | 26.34% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 150 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.44% |
| (As on 31-Dec-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Aditya Birla Nifty Midcap 150 Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Nifty Midcap 150 Index Dir | 0.73 | -2.64 | 3.08 | 18.25 | 25.01 | 46.63 | — | — | — | — |
| S&P BSE 150 MidCap TRI | 1.01 | -2.81 | 3.35 | 18.18 | 24.91 | 44.93 | — | — | — | — |
| Equity: Mid Cap | -0.06 | -2.40 | 1.69 | 15.98 | 22.08 | 41.83 | — | — | — | — |
| Rank within category | 10 | 29 | 4 | 9 | 10 | 9 | — | — | — | — |
| Number of funds in category | 39 | 39 | 39 | 39 | 39 | 38 | 25 | 22 | 19 | 18 |
Portfolio Breakup of Aditya Birla (ABSL) Nifty Midcap 150 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 Midcap 150 Index Dir | Unrated | 46.63 | — | — | 0.44 | 150 | 26.34 | 0.25 (15) | 2Y 9M | — |
| Motilal Oswal Nifty Midcap 150 Dir | 3 star | 46.72 | 28.84 | — | 0.30 | 1,248 | 29.34 | — | 4Y 4M | 35.00 |
| Nippon Ind Nifty Midcap150 Dir | Unrated | 46.51 | — | — | 0.30 | 1,045 | 26.35 | — | 2Y 11M | 54.00 |
| Nippon Ind ETF Nifty Midcap 150 | Unrated | 46.75 | 28.94 | — | 0.21 | 1,095 | 24.08 | — | 4Y 11M | 69.00 |
| Mirae Asset Nifty Midcap 150 ETF | Unrated | 46.82 | — | — | 0.05 | 595 | 31.09 | — | 1Y 10M | — |
Portfolio Analysis of Aditya Birla (ABSL) Nifty Midcap 150 Index Fund
| No. of Stocks | 150 |
| Top 10 Stocks | 16.74% |
| Top 5 Stocks | 9.48% |
| Top 3 Sectors | 39.20% |
| Portfolio P/B Ratio | 3.86 |
| Portfolio P/E Ratio | 27.47 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 46,783 | 45,830 |
| Giant (%) | 1.95 | 3.99 |
| Large (%) | 32.67 | 32.25 |
| Mid (%) | 65.38 | 61.34 |
| Small (%) | — | 5.17 |
| Tiny (%) | — | — |
How to Invest in Aditya Birla (ABSL) Nifty Midcap 150 Index Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Nifty Midcap 150 Index Fund
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
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