Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund Overview
Category Index Funds
BMSMONEY Rank 20
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹16.56(R) +0.18% ₹16.93(D) +0.19%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 22.22% 14.15% -% -% -%
LumpSum (D) 22.98% 14.89% -% -% -%
SIP (R) -9.85% 16.95% -% -% -%
SIP (D) -9.26% 17.73% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.55 0.28 0.71 -1.41% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.56% -19.69% -11.36% 1.0 10.42%
Top Index Funds
Fund Name Rank Rating
Motilal Oswal Nifty Smallcap 250 Index Fund 1
Aditya Birla Sun Life Nifty Midcap 150 Index Fund 2
Nippon India Nifty Smallcap 250 Index Fund 3
Nippon India Nifty 50 Value 20 Index Fund 4
Motilal Oswal Nifty Midcap 150 Index Fund 5
Dsp Nifty Next 50 Index Fund 6
Nippon India Nifty Midcap 150 Index Fund 7
Kotak Nifty Next 50 Index Fund 8
motilal oswal nifty next 50 index fund 9
Icici Prudential Nifty Next 50 Index Fund 10

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund-Regular IDCW 16.56
0.0300
0.1800%
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund-Regular Growth 16.56
0.0300
0.1800%
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund-Direct Growth 16.93
0.0300
0.1900%
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund-Direct-IDCW 16.93
0.0300
0.1900%

Review Date: 19-11-2024

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund has exhibited good performance in the Index Funds category. The fund has rank of 20 out of 50 funds in the category. The fund has delivered return of 22.22% in 1 year and 14.15% in 3 years. The category average for the same periods is 24.74% and 12.47% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 14.56, VaR of -19.69, Average Drawdown of -5.88, Semi Deviation of 10.42 and Max Drawdown of -11.36. The category average for the same parameters is 13.41, -17.57, -5.35, 9.49 and -12.16 respectively. The fund has average risk in the category.
  • standard deviation of 14.56 and based on VaR one can expect to lose more than -19.69% of current value of fund in one year.
  • Sharpe ratio of the fund is 0.55 which shows good performance of fund in the index funds category.
  • The fund has R-square of 1.0, Beta of 1.0 and Jensen's Alpha of -1.41% which exhibit poor performance in the index funds category .


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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -6.83
    -4.65
    		-8.56 | 1.96 114 | 145 Poor
    3M Return % -6.29
    -3.98
    		-14.58 | 6.08 107 | 144 Average
    6M Return % 2.81
    4.44
    		-5.05 | 26.10 102 | 138 Average
    1Y Return % 22.22
    24.74
    		7.35 | 44.92 65 | 122 Average
    3Y Return % 14.15
    12.47
    		5.28 | 19.85 20 | 52 Good
    1Y SIP Return % -9.85
    -8.15
    		-38.78 | 10.23 95 | 120 Poor
    3Y SIP Return % 16.95
    16.18
    		3.15 | 30.64 21 | 52 Good
    Standard Deviation 14.56
    13.41
    		1.89 | 21.15 33 | 49 Average
    Semi Deviation 10.42
    9.49
    		1.61 | 15.17 33 | 49 Average
    Max Drawdown % -11.36
    -12.16
    		-27.81 | -2.23 10 | 49 Very Good
    VaR 1 Y % -19.69
    -17.57
    		-31.22 | -2.13 37 | 49 Average
    Average Drawdown % -5.88
    -5.35
    		-10.37 | -0.72 39 | 49 Average
    Sharpe Ratio 0.55
    0.34
    		-0.68 | 0.88 17 | 49 Good
    Sterling Ratio 0.71
    0.59
    		0.34 | 0.93 14 | 49 Good
    Sortino Ratio 0.28
    0.19
    		-0.21 | 0.47 17 | 49 Good
    Jensen Alpha % -1.41
    -0.78
    		-1.79 | 1.92 33 | 37 Poor
    Treynor Ratio 0.08
    0.07
    		0.02 | 0.15 15 | 37 Good
    Modigliani Square Measure % 15.32
    14.40
    		8.82 | 22.64 15 | 37 Good
    Alpha % -1.47
    -1.16
    		-3.43 | -0.41 30 | 37 Average
    Return data last Updated On : Nov. 19, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -6.78 -4.61 -8.51 | 1.99 114 | 147
    3M Return % -6.15 -3.87 -14.42 | 6.22 107 | 146
    6M Return % 3.13 4.72 -4.84 | 26.52 102 | 140
    1Y Return % 22.98 25.33 7.50 | 45.38 66 | 123
    3Y Return % 14.89 12.98 5.54 | 20.68 20 | 52
    1Y SIP Return % -9.26 -7.67 -38.48 | 10.82 95 | 121
    3Y SIP Return % 17.73 16.70 3.36 | 31.42 21 | 52
    Standard Deviation 14.56 13.41 1.89 | 21.15 33 | 49
    Semi Deviation 10.42 9.49 1.61 | 15.17 33 | 49
    Max Drawdown % -11.36 -12.16 -27.81 | -2.23 10 | 49
    VaR 1 Y % -19.69 -17.57 -31.22 | -2.13 37 | 49
    Average Drawdown % -5.88 -5.35 -10.37 | -0.72 39 | 49
    Sharpe Ratio 0.55 0.34 -0.68 | 0.88 17 | 49
    Sterling Ratio 0.71 0.59 0.34 | 0.93 14 | 49
    Sortino Ratio 0.28 0.19 -0.21 | 0.47 17 | 49
    Jensen Alpha % -1.41 -0.78 -1.79 | 1.92 33 | 37
    Treynor Ratio 0.08 0.07 0.02 | 0.15 15 | 37
    Modigliani Square Measure % 15.32 14.40 8.82 | 22.64 15 | 37
    Alpha % -1.47 -1.16 -3.43 | -0.41 30 | 37
    Return data last Updated On : Nov. 19, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
    KPIs: Key Performance Indicators

    Investment Period Regular Direct
    Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
    1D 0.18 ₹ 10,018.00 0.19 ₹ 10,019.00
    1W -1.88 ₹ 9,812.00 -1.87 ₹ 9,813.00
    1M -6.83 ₹ 9,317.00 -6.78 ₹ 9,322.00
    3M -6.29 ₹ 9,371.00 -6.15 ₹ 9,385.00
    6M 2.81 ₹ 10,281.00 3.13 ₹ 10,313.00
    1Y 22.22 ₹ 12,222.00 22.98 ₹ 12,298.00
    3Y 14.15 ₹ 14,874.00 14.89 ₹ 15,165.00
    5Y ₹ ₹
    7Y ₹ ₹
    10Y ₹ ₹
    15Y ₹ ₹

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

    Investment Period Invested Amount Regular Direct
    XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
    1Y ₹ 12000 -9.85 ₹ 11,347.30 -9.26 ₹ 11,387.60
    3Y ₹ 36000 16.95 ₹ 46,270.48 17.73 ₹ 46,779.08
    5Y ₹ 60000 ₹ ₹
    7Y ₹ 84000 ₹ ₹
    10Y ₹ 120000 ₹ ₹
    15Y ₹ 180000 ₹ ₹


    Date Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund NAV Regular Growth Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund NAV Direct Growth
    19-11-2024 16.5564 16.9263
    18-11-2024 16.5261 16.895
    14-11-2024 16.5788 16.9478
    13-11-2024 16.6256 16.9953
    12-11-2024 16.8735 17.2485
    11-11-2024 17.0894 17.4688
    08-11-2024 17.1635 17.5436
    07-11-2024 17.2012 17.5819
    06-11-2024 17.4254 17.8107
    05-11-2024 17.2238 17.6045
    04-11-2024 17.0673 17.4442
    31-10-2024 17.2228 17.6019
    30-10-2024 17.2892 17.6695
    29-10-2024 17.3348 17.7157
    28-10-2024 17.2589 17.6379
    25-10-2024 17.1206 17.4957
    24-10-2024 17.3946 17.7753
    23-10-2024 17.4484 17.83
    22-10-2024 17.4911 17.8733
    21-10-2024 17.7695 18.1575

    Fund Launch Date: 19/May/2021
    Fund Category: Index Funds
    Investment Objective: 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.
    Fund Description: An open ended scheme tracking Nifty 50 Equal Weight TR Index
    Fund Benchmark: Nifty 50 Equal Weight Total Returns Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.