Aditya Birla Sun Life Nifty 50 Index Fund Growth

• Alpha -0.82%
• Beta 0.99
• Sharpe Ratio0.52
• Std Deviation 11.55%
• 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 1247.33 crores & has delivered CAGR of 14.57% 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 Moderate & Exceptional respectively.

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

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

Some of the similar funds are Motilal Oswal BSE Enhanced Value Index Fund Regular Growth, DSP Nifty Next 50 Index Fund Regular Growth, Aditya Birla Sun Life Nifty 50 Index Fund Growth, Edelweiss Nifty Midcap150 Momentum 50 Index Fund Regular Growth, Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth. Aditya Birla Sun Life Nifty 50 Index Fund Growth has a sharpe ratio of 0.52 & a standard deviation of 11.55%.