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 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹18.61 (as of 2026-08-21) |
|---|
| AUM | ₹498 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 | 13.55% |
|---|
| Sharpe ratio | 0.52 |
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| Standard deviation | 14.52% |
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| Max drawdown | -18.24% |
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| Alpha | 2.59 |
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| Beta | 0.98 |
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Market cap allocation
| Large cap | 96.3% |
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| Mid cap | 3.7% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 11.4% |
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| Top 10 holdings | 22.3% |
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| Total holdings | 50 |
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Top holdings
- HCL Technologies Ltd — 2.3%
- Bajaj Auto Limited — 2.3%
- Eternal Limited — 2.3%
- Bajaj Finance Limited — 2.2%
- Bajaj Finserv Limited — 2.2%
- Tech Mahindra Limited — 2.2%
- Titan Company Limited — 2.2%
- Tata Consultancy Services Ltd. — 2.2%
- Mahindra & Mahindra Ltd. — 2.2%
- Nestle India Ltd. — 2.1%
Top sectors
- Banking & Financial — 11.2%
- Software & Services — 10.9%
- Automobile — 10.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -0.5% | — | — |
| 2025 | 13.5% | — | — |
| 2024 | 9.6% | — | — |
| 2023 | 29.5% | — | — |
| 2022 | 6.6% | — | — |