Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.99
• Std Deviation 13.28%
• Tracking Error 0.00%

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 Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Regular Growth has an AUM of 319.29 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.02%. The minimum investment in Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Regular Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include SBI Life Insurance Company, Infosys, HDFC Life Insurance Company & Oil & Natural Gas Corporation.

The major sectors where the fund is invested are Software & Programming, Regional Banks, Biotechnology & Drugs & Insurance (Life).

Some of the similar funds are LIC MF Nifty 50 Index Fund Growth, Kotak Nifty Next 50 Index Fund Regular Growth, Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Regular Growth, HDFC NIFTY100 Low Volatility 30 Index Fund Regular Growth, DSP Nifty Midcap 150 Quality 50 Index Fund Regular Growth. Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Regular Growth has a sharpe ratio of 0.99 & a standard deviation of 13.28%.