Aditya Birla Sun Life Index Fund Direct Plan Growth
- 13.92%
- (+1.18)148.4286
Min amount: ₹1,000
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 13.92% |
| 3 Years | 12.25% |
| 1 Year | 61.38% |
| 6 Months | 18.23% |
| Fund Details | |
|---|---|
| ISIN | INF209K01VY3 |
| Risk | Very High Risk |
| Fund Type | Index Funds |
| NAV | 148.4286 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| HDFC Bank Ltd | 10.19% |
| Reliance Industries Ltd Shs Dematerialised | 10.15% |
| Infosys Ltd | 7.95% |
| Housing Development Finance Corp Ltd | 7.04% |
| ICICI Bank Ltd | 6.3% |
| Tata Consultancy Services Ltd | 5.18% |
| Kotak Mahindra Bank Ltd | 4.03% |
| Hindustan Unilever Ltd | 3.4% |
| ITC Ltd | 2.99% |
| Axis Bank Ltd | 2.71% |
About Aditya Birla Sun Life Index Fund - Direct Plan - Growth
Aditya Birla Sun Life Index Fund - Direct Plan - Growth aims to generate capital growth in the long-term, by investing in companies whose securities are a part of the Nifty Index. The fund manager invests in a portfolio of large-cap stocks, and focuses on generating return for investors, in-line with the Nifty Index.
Pros and Cons of Aditya Birla Sun Life Index Fund - Direct Plan - Growth
The Aditya Birla Sun Life Index Fund - Direct Plan - Growth invests in large-cap stocks, which are part of the Nifty Index. The fund manager purchases stocks in the same proportion as the Nifty. The scheme performs in-line with the Nifty, after accounting for a small difference called tracking error. On the flip side, the fund is not suitable for conservative investors as it invests in stocks.
Fund Information and Statistics
i) Inception/Launch Date
Aditya Birla Sun Life Index Fund was launched on 01 January 2013.
ii) Risk Level
Aditya Birla Sun Life Mutual Fund has categorised Aditya Birla Sun Life Index Fund as 'moderately high risk'. It is riskier as compared to debt funds.
iii) Redemption
Aditya Birla Sun Life Index Fund is an open-ended fund. You can redeem the investment at any time.
iv) Fund Manager
Mr Ajay Garg is the current fund manager of the Aditya Birla Sun Life Index Fund.
v) Entry/Exit Load
SEBI norms have stopped mutual fund houses from levying an entry load. The fund will not charge you an exit load.
About Aditya Birla Sun Life Mutual Fund
Aditya Birla Sun Life Mutual Fund was started as a joint venture between Sun Life India (AMC) and Aditya Birla Capital Limited. It was launched in 1994 after registering with the Indian Capital Market Regulator. The fund counts Aditya Birla Capital Limited and Sun Life India (AMC) Investments Inc are its sponsors. It has Aditya Birla Sun Life Trustee Private Limited as the trustee. As of June 2020, the fund had a massive total assets under management (AUM), of Rs 2.14 lakh crore.
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Min amount: ₹1,000
Calculate Returns
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns