January 29, 2024
mayank
Aditya Birla (ABSL) Nifty Smallcap 50 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 17.5193
NAV IDCW: Rs 17.5162
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 smaller 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 Smallcap 50 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 | 22.01% |
| Benchmark | NIFTY Smallcap 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 134 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.50% |
| (As on 31-Dec-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Aditya Birla Nifty Smallcap 50 Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Nifty Smallcap 50 Index Dir | 0.29 | 0.15 | 2.63 | 24.83 | 37.16 | 67.28 | — | — | — | — |
| S&P BSE 250 SmallCap TRI | 3.28 | 0.42 | 5.29 | 21.51 | 27.41 | 56.31 | — | — | — | — |
| Equity: Small Cap | 2.07 | 0.30 | 3.42 | 19.24 | 25.71 | 50.70 | — | — | — | — |
| Rank within category | 34 | 26 | 21 | 4 | 4 | 2 | — | — | — | — |
| Number of funds in category | 38 | 38 | 36 | 34 | 34 | 31 | 24 | 17 | 12 | 9 |
Peer Comparison of Aditya Birla (ABSL) Nifty Smallcap 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 Smallcap 50 Index Dir | Unrated | 67.28 | — | — | 0.50 | 134 | 22.01 | 0.25 (15) | 2Y 9M | — |
| Nippon Ind Nifty Smallcap 250 Index Dir | 1 star | 57.73 | 32.86 | — | 0.32 | 960 | 38.33 | — | 3Y 3M | 46.00 |
| Motilal Oswal Nifty Microcap 250 Index Dir | Unrated | — | — | — | 0.36 | 623 | 47.73 | 1.00 (15) | 6M | — |
| Motilal Oswal Nifty Smallcap 250 Dir | 2 star | 58.09 | 32.84 | — | 0.36 | 604 | 30.72 | — | 4Y 4M | 47.00 |
| SBI Nifty Smallcap 250 Index Dir | Unrated | 57.98 | — | — | 0.41 | 474 | 42.12 | 0.25 (30) | 1Y 3M | 31.00 |
Portfolio Analysis of Aditya Birla (ABSL) Nifty Smallcap 50 Index Fund
| No. of Stocks | 50 |
| Top 10 Stocks | 39.44% |
| Top 5 Stocks | 23.66% |
| Top 3 Sectors | 54.22% |
| Portfolio P/B Ratio | 3.04 |
| Portfolio P/E Ratio | 28.20 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 21,027 | 15,079 |
| Giant (%) | — | 5.85 |
| Large (%) | 1.52 | 3.65 |
| Mid (%) | 96.25 | 60.04 |
| Small (%) | 2.23 | 34.67 |
| Tiny (%) | — | 0.23 |
How to Invest in Aditya Birla Nifty Smallcap 50 Index Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Nifty Smallcap 50 Index Fund
Do not invest in this, or any other small-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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