Aditya Birla Sun Life Nifty 50 Index Fund Growth

• Alpha -0.82%
• Beta 0.99
• Sharpe Ratio0.47
• Std Deviation 12.89%
• Tracking Error 0.42%

The objective of the scheme is to generate returns that are commensurate with the performance of the Nifty, subject to tracking errors.

The Aditya Birla Sun Life Nifty 50 Index Fund Growth has an AUM of 960.71 crores & has delivered CAGR of 16.05% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.47%. The minimum investment in Aditya Birla Sun Life Nifty 50 Index Fund Growth is Rs 100 and the minimum SIP is Rs 100.

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

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & Infosys.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Tobacco.

Some of the similar funds are Aditya Birla Sun Life Nifty 50 Index Fund Growth, Tata Nifty 50 Index Fund Regular Plan, Nippon India Nifty 50 Value 20 Index Fund Regular Growth, SBI Nifty50 Equal Weight Index Fund Regular Growth, Motilal Oswal Nifty 200 Momentum 30 Index Fund Regular Growth. Aditya Birla Sun Life Nifty 50 Index Fund Growth has a sharpe ratio of 0.47 & a standard deviation of 12.89%.