Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund
Large CapRank #51
4/5
NAV (2026-07-14)
₹18.3
AUM
₹497.72 Cr
Exp. Ratio: 1.07%
RISK LEVEL
Very High
Returns & Performance
1 Year3.51%4.35% vs cat avgRank #46
3 Year12.56%1.83% vs cat avgRank #36
5 Year12.80%2.25% vs cat avgRank #21
Since Launch12.57%--
Fund vs Category Average
1Y
3.51%+4.35%
3Y
12.56%+1.83%
5Y
12.80%+2.25%
Pros & Cons
Pros
✔Outperforms category avg on 1Y returns
✔Strong 3Y track record vs category
✔Above category avg 5Y returns
✔No lock-in period
Cons
✖1Y category rank outside top 15 (#46)
✖Overall rank #51 in category
ISININF209KB1Z48
NAV₹18.3
NAV Date2026-07-14
AUM₹497.72 Cr
Expense Ratio1.07%
RiskVery High
Rating4 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1994-12-23
INVESTMENT OBJECTIVE
The scheme seeks 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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Mehul Dama
Mr. Dama has done C.A. & B.Com
Prior to joining ABSL AMC, he has worked with Angel OneFund, Nippon India Mutual Fund, Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
