Aditya Birla Sun Life Nifty India Defence Index Fund Review – Aditya Birla Sun Life Nifty India Defence Index Direct NFO Open on 9 August 2024 and Close on 23 August 2024. Aditya Birla Sun Life Nifty India Defence Index Direct NFO Allotment Date is 30 August 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹500. The Minimum SIP Investment Amount is ₹500.
Type of the Scheme
An open ended Index Fund replicating the Nifty India Defence Total Return Index.
Scheme Benchmark : Nifty India Defence Total Return Index. – As the investment in the Scheme is made with the objective of achieving return commensurate with the performance of Nifty India Defence Total Return Index before expenses, Nifty India Defence Total Return Index is an appropriate benchmark for the Scheme.
Aditya Birla Sun Life Nifty India Defence Index Fund Scheme Benchmark
Company
Weightage
Bharat Electronics Ltd.
19.38
Hindustan Aeronautics Ltd.
17.40
Solar Industries India Ltd.
14.41
Cochin Shipyard Ltd.
10.18
Mazagoan Dock Shipbuilders Ltd.
8.67
Bharat Dynamics Ltd.
7.32
Data Patterns (India) Ltd.
5.27
Astra Microwave Products Ltd.
4.13
Garden Reach Shipbuilders & Engineers Ltd.
3.92
Zen Technologies Ltd.
3.45
Aditya Birla Sun Life Nifty India Defence Index Fund Nfo Important Date
Scheme Offer
Aditya Birla Sun Life Nifty India Defence Index Fund
Offer Price
Rs. 10/- per Unit
Type of Scheme
An open-ended
Open Date
9 Aug 2024
Close Date
23 Aug 2024
Allotment Date
30 Aug 2024
Category
Index Fund
Min Inv ₹
500
Lock in Period
N/A
Risk
Very High
Scheme Benchmark
Nifty India Defence Total Return Index.
Investment Objective of the Scheme ?
The investment objective of the Scheme is to provide returns that, before expenses, correspond to the total returns of securities as represented by the Nifty India Defence Total Return Index, subject to tracking errors. The Scheme does not guarantee/indicate any returns. There is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Aditya Birla Sun Life Nifty India Defence Index Fund Nfo Other Details
Exit Load
0.05%
Exit Load Details
Exit load of 0.05%, if redeemed within 30 days.
Entry Load
N/A
Stamp Duty
0.005%
Min. Investment
Rs. 500
Min. SIP
Rs. 500
Aditya Birla Sun Life Nifty India Defence Index Fund Review Asset Allocation
Instruments
Allocation Min
Allocation Max
Equity & Equity related securities constituting the Nifty India Defence Index
95%
100%
Debt and Money Market Instruments (including Cash and Cash Equivalent)
0%
5%
Aditya Birla Sun Life Nifty India Defence Index Fund Review Manager Details
- Fund Manger : Mr. Haresh Mehta
- Qualification : B. Com. And MBA (International Business Management) from Sikkim Manipal University.
- Experience : Mr. Haresh Mehta has over 17 years of experience in dealing related activities. Prior to joining Aditya Birla Sun Life AMC Limited, he was associated with Baroda BNP Paribas Asset Management India Pvt. Ltd for over 4 years as a Dealer and Investment Support. He has also worked for over 11 years as a Trader in Institutional equities with First Global Stockbroking Pvt. Ltd.
- Fund Manger : Mr. Pranav Gupta
- Qualification : Master of Management Studies – Finance from N.L Dalmia Institute of Management Studies and Research.
- Experience : He has over 6 years of experience in capital market across segments such as derivative sales trading and Alternative Research. Prior to joining ABSLAMC, he was part of the Alternate Research and Strategy department at Centrum Broking Limited and has also worked with OHM Stock Broker Pvt. Ltd.
Aditya Birla Sun Life Nifty India Defence Index Fund Sector Representation
Sector
Weightage
Capital Goods
85.59
Chemicals
14.41
Aditya Birla Sun Life Nifty India Defence Index Fund Review Index Return
Index Return
QTD
YTD
1 Year
5 Years
Since Inception
Price Return
2.75
82.83
157.38
60.35
37.84
Total Return
2.77
83.57
159.32
62.65
39.81
Where will this Scheme Invest ?
- Equity and Equity related instruments.
- Securities created and issued by Governments of India and/or reverse repos in such Government Securities / Treasury Bills as may be permitted by RBI.
- Securities guaranteed by the Central and State Governments (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
- Fixed Income Securities of domestic Government agencies and statutory bodies, which may or may not carry a Central/State Government guarantee.
- Corporate debt and securities (of both public and private sector undertakings) including Bonds, Debentures, Notes, Strips etc.
- Money market instruments including commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity upto one year, call or notice money, certificate of deposit, usance bill and any other like instruments as specified by the Reserve Bank of India from time to time subject to regulatory approvals, if any.
- Certificate of Deposits (CDs).
- Commercial Paper (CPs).
- The non-convertible part of convertible securities.
- Pass through, Pay through or other Participation Certificates, representing interest in a pool assets including receivables.
- Derivative instruments like Stock Options, Index Options.
- Mutual Fund units.
- Any other instruments as may be permitted by RBI/SEBI under prevailing laws from time to time.
Also Read: Bank of India Business Cycle Fund Review
Manager Manage the Scheme?
- Mr. Pranav Gupta
- Mr. Haresh Mehta
Aditya Birla Sun Life Nifty India Defence Index Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
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