Aditya Birla SL Nifty 50 Equal Weight Index Fund
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.
Growthvine rating: 4/5 — ranked #42 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹17.05 (as of 2026-10-23) |
|---|
| AUM | ₹513 Cr |
|---|
| Expense ratio | 0.81% |
|---|
| Riskometer | Very High |
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| Fund manager | Mehul Dama |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 9.15% |
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| Sharpe ratio | 0.3 |
|---|
| Standard deviation | 15.04% |
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| Max drawdown | −18.24% |
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| Alpha | 2.42 |
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| Beta | 0.99 |
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Market cap allocation
| Large cap | 96.0% |
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| Mid cap | 4.0% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 10.4% |
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| Top 10 holdings | 20.6% |
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| Total holdings | 50 |
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Top holdings
- Kotak Mahindra Bank Ltd. — 2.1%
- Dr. Reddys Laboratories Ltd. — 2.1%
- InterGlobe Aviation Limited — 2.1%
- Adani Ports and Special Economic Zone Ltd — 2.1%
- AXIS Bank Ltd. — 2.0%
- Coal India Limited — 2.0%
- Adani Enterprises Ltd. — 2.0%
- ICICI Bank Ltd. — 2.0%
- Infosys Ltd — 2.0%
- Maruti Suzuki India Ltd. — 2.0%
Top sectors
- Banking & Financial — 12.1%
- Automobile — 10.0%
- Software & Services — 8.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −8.8% | — | — |
| 2025 | 13.5% | — | — |
| 2024 | 9.6% | — | — |
| 2023 | 29.5% | — | — |
| 2022 | 6.6% | — | — |